UAE Back Office Operations Manager

Responsible for the end-to-end operational lifecycle of treasury and securities transactions, ensuring accurate settlement, reconciliation, accounting, and control across money market, FX, fixed income, equity, and derivatives.

The role supports treasury front office functions and ensures compliance with internal controls, regulatory standards (CBUAE, CBE), including settlement through domestic and international clearing and custody platforms such as Euroclear Bank. The position requires strong expertise in payments operations, SWIFT messaging, reconciliations, core banking system T24 and audit support.

Key Responsibilities

1. Manage post-trade processing and settlement of FX, money market instruments, bonds, equities (shares), treasury bills, and related funding transactions.
2. Ensure timely and accurate across treasury activities.
3. Review and reconcile received confirmations against outstanding transactions, settlement instructions, counterparty details.
4. Maintain and validate security entitlements and static data, including ISIN, coupon rate, maturity date, settlement cycle.
5. Maintain, review, and control Standard Settlement Instructions (SSI) for counterparties and custodians.
6. Oversee securities settlement through custodian's agents.
7. Ensure accurate processing of bond coupon payments.
8. Processing of MRPA transactions at an operational level, including booking, settlement, interest accruals, and reconciliation.
9. Validate payment message structure, nostro account details, value dates, cutoff compliance, sanctions screening outcomes, and STP performance.
10. Ensure updating daily Treasury rates in core banking system.
11. Perform User Acceptance Testing (UAT) for treasury function.
12. Ensure daily review of reconciliation of nostro accounts and treasury products positions.
13. Maintain strong internal controls and operational risk mitigation.
14. Support internal, external, and regulatory audits.
15. Drive process automation, STP improvement and enhancement.
16. Maintain updated Treasury back-office SOPs.
17. Ensuring staff cross-training, backup coverage, and operational resilience.

Required Skills & Experience

Core Competencies

Treasury operations, payments, securities settlement.

UAT, system enhancements, and BRD.

Proven experience with entitlements management, SSI governance, coupon/dividendprocessing, and interest settlement and derivatives.

Hands-on experience handling correspondent banking payment inquiries and investigations.

Deep understanding of custody including Euroclear.

SWIFT Operations.

Ability to operate effectively in time-critical, cutoff-driven, multi-currency environments.

Qualifications & Experience:

Bachelor's degree in accounting, finance, business or related field.

Minimum of 10 years experience in the Banking Operations.

Solid understanding of the relevant regulations.

Skills:

Arabic & English proficiency

Leadership

MS Office and core banking systems

Stakeholders management

Strong reconciliation, analytical, and problem-solving skills.