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Open nowFirst seen 13 hours ago

Operations Officer

SOS HR Solutions88 open roles

Where
Kuwait City, Kuwait
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Your applicationOpen nowOperations OfficerSOS HR Solutions · Kuwait City, Kuwait
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The clock on this job

Early applications get read.

11.4% of postings close within 7 days. Measured by our own scanner across the market.

Share of postings closed within
  1. 2.0%1 day
  2. 4.2%3 days
  3. 11.4%7 days
  4. 17.5%14 days
  5. 34.2%30 days
  6. 43.5%60 days
This job: first seen 13 hours ago

The posting

To conduct the back-office operations. Ensure the accuracy, timely and smooth running of all back-office expiration with great emphasis on transaction, statements, accent recommendation and settlement.

  • Main Responsibilities:

1. Verifying accuracy and completeness of investment transactions. 2. Completing necessary data input for investment transaction. 3. Preparing necessary settlement instructions. 4. Matching confirmations of investment transactions. 5. Responding to queries from counterparties 6. Monitoring maturities and executing necessary transfer instructions. 7. Updating securities valuations. 8. Preparing daily and periodic reconciliation of correspondent bank accounts. 9. Identifying and resolving settlement incidents. 10. Running the settlements process for local and international equities. 11. Ensure all confirmations are sent within the designated time frame. 12. Ensure trade settlement occurs and follow up on any issues. 13. Pre-matching, Monitoring and Resolution of all failed trades related to Brokerage Clients. 14. Reconciliation daily. 15. Reporting of all outstanding fails and cash positions daily to line manager. 16. Producing and monitoring management reports daily. 17. Procedural & control compliance with creation, review, and update of procedures where necessary. 18. Participation in project work where applicable.

  • Education: Bachelor degree in Accounting/ Financial Management.
  • Experience: 5-7 years of related experience in financial services /investment sector.
  • Qualifications and Skills:
  • Customer orientation.
  • Very thorough and critically attentive to details.
  • Process excellence.
  • Tactfulness and promptness in identifying and resolving settlement incidents and following up on claims with counterparties
  • Excellent communication skills, both written and verbal
  • Proficient in Microsoft Office.
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