Madison Pearl is working closely with a regional asset manager to hire a Middle Office Associate based in Riyadh, Saudi Arabia. The ideal candidate will have 4–5 years of relevant buy-side experience and will support the control framework of the public market strategies, acting as a key coordination point between Portfolio Management, Trading, Fund Administrators, Prime Brokers/Custodians, and internal stakeholders.
Key Responsibilities:
- Lead NAV review and sign-off processes across funds and mandates, including reviewing administrator packs and performing reasonability checks.
- Oversee the trade lifecycle, ensuring accurate trade capture from OMS to PMS, managing confirmations, affirmations, and resolving settlement fails.
- Manage daily and periodic reconciliations (trades, positions, cash, income) and own the break resolution process from root-cause analysis to closure.
- Conduct pricing and corporate action reviews across equities, bonds, sukuk, and derivatives, while maintaining control checklists and supporting audits.
- Manage end-to-end client and broker KYC/AML onboarding, periodic reviews, counterparty registers, and IR subscription/redemption workflows.
- Maintain control documentation and standard operating procedures (SOPs), supporting system enhancements and regulatory change projects.
Key Requirements:
- 4–5 years of experience in buy-side Middle Office, Fund Operations, or Operations Control across public equities and public credit (sukuk experience a plus).
- Hands-on experience with administrator NAV oversight and client/broker KYC/AML onboarding processes.
- Familiarity with GCC/KSA frameworks (CMA/SAMA) and DIFC/DFSA regulatory requirements.
- Proficiency in Advent Geneva (PMS) and Eze (OMS), alongside strong Excel skills.
- Strong control mindset, exceptional attention to detail, and excellent cross-functional communication skills.
- Riyadh based candidates preferred.
If you are interested in discussing this mandate, please contact Areej Santos on [Confidential Information] or apply to this advertisement
*Only shortlisted candidates will be contacted*
