Senior Officer- Wealth Investment Services

1-3 years
19 days ago 1 Applied
Job Description

Job Description


The Sr. Officer is responsible for processing all the applications with regard to Investment product's Subscription, Redemption, Corporate Actions and Security Transfers, ensuring the process is adhered to Bank compliance, Policies and procedures.

Job Context

Core Responsibilities

  • Handling of the WM Investments Helpdesk
  • Receipt and processing of the Investment Subscription and Redemption documents for all investment products in Wealth Management system (alpha) and provider websites (SNG).
  • Trade Processing, Trade Settlements, Input of Manual Trades and other exceptions.
  • Client Import in Alpha (SNG)
  • Input of Investment Cash Account Opening/Closure, Portfolio Creation/Closure and Account Maintenance activities
  • Mapping the RM to the concerned clients in Citrix. (SNG)
  • Call back validation for deals (SNG)
  • Price Feed upload in Alpha (SNG)
  • IPO/New Issuance processing.
  • Funds transfer to Providers for Other Products & Mutual Funds.
  • Advisory Cash Account transfers and funds block/unblock in T24.
  • AMC Maker on Alpha (SNG)
  • Liaise with the various units like Credit Admin / TED / Private Banking Operations / FCIS/ Transaction Banking Operations / Compliance for the processing activities.
  • Participate in all process improvement initiatives to bring efficiency and effectiveness
  • Additional tasks assigned by the Department Supervisor/Manager.

Internal Collaboration

  • Develop positive relationships with interconnected departments (PBCAD, Products, IT, Sales Co-ordinators) in order to provide better service and meet customer expectations
  • Coordinating with Internal users and IT team with regards to system issues and resolving them in order to enhance the system.

Policies, Systems, Processes and Procedures

  • Initiate ideas for new process developments and existing process enhancement and ensure they are implemented with correct approval procedure adhering to Bank's rules and regulations.

MIS and Reports

  • Prepare periodic MIS/Business Reports for wealth operations which details the complete activities performed by the team

People Management Responsibilities

  • Share knowledge and train about the particular process or activity to another team member during cross training and Job rotation.


Minimum Qualification

  • Preferably Bachelor's degree in Finance/Accounts or equivalent

Minimum Experience

  • Preferably 3 years of experience in a bank/financial institution with exposure to wealth/consumer operations and account services preferably in a multinational, with at least 1 years in a similar position
  • Speed, accurate and effective communication skills in both verbal and written presentation and correspondence

Additional Information





Trade Settlements
Client Import
Portfolio Creation
Business Reports
Cash Account transfers
AMC Maker
Security Transfers
New Issuance processing
funds block
Price Feed upload
Cash Account Opening
funds unblock

FAB, the UAE&#8217&#x3B;s largest bank and one of the world&#8217&#x3B;s largest financial institutions offers a an extensive range of tailor-made solutions, and products and services, to provide a customised banking experience. Through its strategic offerings, it looks to meet the banking needs of customers across the world via its market-leading Corporate and Investment Banking and Personal Banking franchises.
Headquartered in Abu Dhabi, in Khalifa Business Park, the bank&#8217&#x3B;s international network spans over 19 countries, across the world, providing the global relationships, expertise and financial strength to support local, regional and international businesses seeking to do business at home and abroad. In line with its commitment to put customers first, to Grow Stronger, FAB will continually invest in people and technology to create the most customer-friendly banking experience and will support the growth ambitions of its stakeholders across the global network in which the bank operates.

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