Purpose:
Handle the daily trade processing for equities and ensure that the services offered from external service providers meet the trade processing standards.
Responsibilities:
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Handle all aspects of equity trades including liquidity trade processing, settlement and fail investigations.
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Monitor the automated electronic trade confirmation process and systems; with attention to ‘straight through’ processing of trades and daily matching of trade confirmations.
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Pre-match and settle all equity trades in a timely and accurate manner.
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Liaise with the settlements team and the custodian banks regarding all equity settlements and outstanding trades.
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Liaise between the firm’s client’s global trading desks, execute and clear counterparties (including prime brokers) regarding trade discrepancies.
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Resolute unmatched trades, trade fails and related settlements issues with the clients.
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Maintain global handover spreadsheet which identifies open issues and items which need immediate attention.
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Review unmatched trade reports to ensure timely settlement.
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Inform NDVP clients about their entitlement for right issues.
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Proceed with Cash Transfer Requests to the Finance team and follow up on it
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Investigate, follow-up, resolve and document all trade queries and failing settlements.
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Provide the settlements team with the clients’ feedback on outstanding trades.
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Respond to clients’ queries regarding outstanding trades.
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Update the clients with Markets regulation changes, and important announcements.
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Provide the data entry team with settlements details of new sub-accounts.
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Ensure compliance with all applicable AML/CTF rules and regulations as required in the conduct of the role.
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Ensure timely completion of all relevant AML/CTF training provided by the Group.
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Ensure response to AML, CTF & sanctions inquiries in a timely manner.
Job Requirements:
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Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field.
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0–1 year of experience in financial services, brokerage operations, or back‑office trade support.
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Customer service oriented.
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Good command of Arabic and English.
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Good communication skills (written, verbal and listening).
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Able to build partnerships and work well in teams.
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Can identify problems and refer/escalate complex issues to a higher level.
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Ensure deliverable are always of a high quality.
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Multi-tasker, with the ability to meet changing deadlines.
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Ensure deliverables are always of a high quality.
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Can manage pressure and conflicting demands and prioritise tasks and workload.
“Thank you for your interest in applying to EFG Holding. Due to the high volume of applications/interest, please note that we are only able to respond directly to applicants that are shortlisted for interviews.”