Fund Administration Officer

Description :

Embark on a journey where your unique contributions are celebrated, and your professional growth is embraced. At ADCB, we nurture a diverse, inclusive community where every voice is valued.

About the business area

GBS is a group of highly skilled and talented professionals who form an essential part of ADCB's continued journey of success. With a proud history of commitment, innovation and delivery, GBS constantly strives for excellence whilst ensuring the highest standards of quality and risk awareness. Each and every member of the GBS family plays an integral role in driving ADCB's strategy, growth and digital evolution by working closely with our valued business partners to achieve exceptional customer experience through our outstanding service and support.

We are actively seeking an ambitious professional to join our team at ADCB to work alongside passionate colleagues who share your ambition to redefine excellence in UAE banking.

In this role, your key responsibilities include :

• Process Net Asset Value (NAV) calculations, fund activities, journal entries, accounts and prepare regulatory reports to ensure essential standards in administration of ADCB in-house mutual funds.
• Process subscription / redemption / transfer of all types of investment securities in order to support investment activities of wealth management group to the required standard.
• Process settlements, portfolio maintenance and valuation, corporate actions, custodial activities, reconciliations, fees and reports to ensure industry standards of investment back office.
• Process internal vouchers and external remittances on First Call Resolution (FCR) in order to support back office activities.
• Adhere to all relevant organisational and departmental policies, processes, standard operating procedures and instructions so that work is carried out to the required standard and in a consistent manner while delivering the required standard of service to customers and stakeholders.

The ideal candidate should have the following experience :

What we offer :

At ADCB, we are dedicated to creating a respectful, caring and disciplined work environment that aligns with your career ambitions.