Senior Officer Asset Management - Administration
Established in 1964 as the country's first Qatari-owned commercial bank, QNB Group has steadily grown to become the largest bank in the Middle East and Africa (MEA) region.
QNB Group's presence through its subsidiaries and associate companies extends to more than 31 countries across three continents providing a comprehensive range of advanced products and services. The total number of employees is more than 28,000 serving up to 20 million customers operating through 1,000 locations, with an ATM network of 4,300 machines.
QNB has maintained its position as one of the highest rated regional banks from leading credit rating agencies including Standard & Poor's (A), Moody's (Aa3) and Fitch (A+). The Bank has also been the recipient of many awards from leading international specialised financial publications.
Based on the Group's consistent strong financial performance and its expanding international presence, QNB currently ranks as the most valuable bank brand in the Middle East and Africa, according to Brand Finance Magazine.
QNB Group has an active community support program and sponsors various social, educational and sporting events. Role Summary:
The incumbent will perform asset management custodian services, maintain asset management records and prepare reports pertaining to asset management activities as per the delegated authority. Role Description:
Provide timely asset management custodianship services to various stakeholders.
Provide timely and accurate information to the external and internal auditors when required
Maintain asset management documents (e.g. licenses, prospectus, articles of association, reports, records, etc.).
Perform subscription processing, certificate issuance and maintenance of the investor database as per the delegated authority and QNB's designated asset management role.
Record the purchase/sale of investments originated from fund/ portfolio managers, based on their written instructions and confirmed by the brokers/ banks.
Periodically review all transactions done by the fund manager for the account of the fund and the changes in the rights of the fund certificate and the record of investors as per the articles of association.
Input data into the asset management database based on documents such as the prospectus, articles and term sheet and notify the Head of Asset Management of any missing data or information.
Prepare net asset value computations and other periodic reports for the Head of Asset Management's review.
Record fund investments and exposure exceptions and notify Head of Asset Management for escalation.
Log queries/problems of fund managers, brokers, security markets and bank's internal departments and escalate where necessary for timely resolution
Maintain utmost confidentiality.
Comply with operational policies and procedures, document retention requirements and set security procedures. Qualifications:
Bachelor degree in Accounting or Banking & Finance.
5 - 7 years experience in investment banking, preferably with previous experience in asset management. Required Special Skills:
- Background knowledge in asset management techniques, record keeping and asset management accounting.
- Good oral and written communication skills in English and Arabic (preferred).
- Possess strong computer software application skills (MS Office)
- Personal integrity and self-management.
- Strong analytical and organization skills.
Note: you will be required to attach the following:
1. Resume / CV
2. Passport-size photograph