About the job

Established in 2007, Arqaam Capital Group (“Arqaam”) is a specialist emerging markets investment bank, bringing regional and international product offerings to the emerging markets. Arqaam operates out of three hubs, namely the Dubai International Financial Centre (DIFC), Cairo and Beirut. Arqaam has multiple business lines – Corporate Finance, Fixed Income Asset Management, Cash Equity, Credit Trading, Equity Derivatives, Capital Markets Advisory, Treasury and Custody. In addition, Arqaam provides in-depth research including the largest global coverage of MENA equities.

The individual will work within the team responsible for all Asset Management and Custody operational activities. This will involve working on numerous funds and managed accounts, as well as having daily interactions with third party providers, such as custodians and fund administrators.

Principal Duties & Responsibilities

  • NAV Validation: Coordinating and Validating of NAVs with Fund Administrator
  • Fees: Able to calculate Management/Performance/Custody fees in relation to Funds and DPM’s
  • Capital Activity: Managing Subscription/Redemption workflows with fund administrators
  • Trade Settlements: To be processed for Equities and Fixed Income Products and liaise with Custodians for mismatches.
  • SLA/Procedures: Timely updating of Third-Party SLAs, Internal Policies and Procedures.
  • Fund/DPM Reporting: Generate and Review Daily/Weekly/Monthly reporting to Clients
  • Regulatory Reporting: Liaising with internal/external auditors and regulators
  • MIS Reporting: Generate and Review Monthly/Quarterly MIS reports for Management

Key Relationships (Internal & External)

· Internal – Trading Desk, Treasury, Compliance, Legal, Account Opening, Risk Management, Operations and Finance

· External – Administrator, Custodians, Other Service Providers and Trading Counterparties

Key Skills

· Independent

· Ability to multi-task

· Decision Making

· Problem Solving

  • Detail oriented
  • Highly organized
  • Excellent communication skills

Qualifications Knowledge & Experience

  • Strong knowledge of Asset Management operations and middle office processes is essential
  • Experience of working with OMS/PMS systems
  • Previous experience working with Fund Administrators and custodians is preferable.
  • Strong mathematical and/or fund accounting background
  • Business/Finance or Accounting graduate