Senior Officer Corporate Banking and Investments Operations

3 weeks ago

Riyadh, Saudi Arabia Precision Hire Solution Full time
Job Description

Job Purpose:

  • Contribute to the processing of Corporate Banking and investments transactions including Syndicated loans to ensure a smooth and timely execution based on the relevant operating policies procedures and processes.
  • Support the management of relationships with banks and custodians.
  • Contribute in coordination with the Corporate Banking and Investments Departments cash management activities by managing cash call current and other accounts including periodic reconciliation.
  • Ensure that periodic reports are accurate and of high quality.
Key Accountabilities Operational & Strategic Planning
  • Participate in the development and implementation of actionable objectives planning processes budgets and operational KPIs for the subunit.
  • Contribute to the subunits ongoing transactions and quality of its output and services identify and initiate proposals/actions for further improvements and innovations.
  • Contribute to the Information Technology (e.g. T24) enhancements as they relate to Corporate Banking and investments Operations.
  • Ensure that the services of the Corporate Banking and investments Operations meet the expectations of internal and external stakeholders.
  • Contribute to innovation and the institutionalization of new initiatives in the Department.
  • Succession Planning: Act as a Backup of Corporate Banking and Investments Operations Manager during his absence.
  • To handle any other assignments given by the Head of Department.
  • Prepare various Corporate Banking and Investments Operations related MIS reports and statistics.

Management of Cash Position
  • Contribute to shortterm cash management activities including forex requirements.
  • Contribute to the formulation of bank account positions/statements on a regular basis and oversee the funds movements.
  • Develop future cash movement plans and ensure availability of necessary liquidity required.
  • Ensure timely coordination with both Treasury and Capital Markets and Treasury Operations for liquidity requirements and expected repayments.
  • Administer all the liquidity deals processed on daily basis.
  • Ensure efficient and error free processing of all payments with strict compliance to policies and procedures.
  • Execute all transactions and ensure necessary procedures are in place and complied with to minimize operational risks.
  • Perform daily Nostro reconciliation for related accounts and follow up on outstanding items.

Disbursement Management
  • Execute the processing of all payments ensuring correctness and completeness of documentation for effecting payments accurately and on time.
  • Review the financial terms and conditions of financing arrangements (debt and equity) as communicated in the FCN for both bilateral and syndicated loans.
  • Ensure the accurateness and completeness of records relating to Corporate Banking and Investments Operations including authorized signatories for disbursement.
  • Ensure collaboration with the various business units and borrowers/equity partners/fund administrators in the resolution of disbursement related issues.
  • Participate in complex negotiations with regards to Corporate Banking and Investments Operations and advise the relevant internal and external stakeholders on financial implications of various implementation and repayment scenarios in coordination with Head of Corporate Banking and Investments
  • Manage the issuance of account statements as well as contribute to project/equity reconciliation.
  • Administer follow up activities on outstanding items and ensure necessary steps are taken in case of delay/failure of any sort.
  • Contribute overall systems and procedures for payments through establishing and enhancing the payment channels.
  • Contribute to Swift Administration & Coordination activities in coordination with Treasury Operations Department as well as serve as a backup.
  • Contribute the system development & enhancements for Corporate Banking (for both bilateral and syndicated loans) and Investments operations activities.

Policies and Procedures
  • Contribute formulation of policies and procedures for APICORP on Corporate Banking and Investments transaction processing cash flow management and liquidity management.
  • Review existing policies and procedures in order to ensure it is up to date and recommend changes to benchmark them with international practices and standards.
  • Ensure strict compliance of policies and procedures with Corporate Banking and Investments transactional activities.
  • Periodically review the internal control mechanisms and corporate governance guidelines and recommend improvements.

Reporting and Communications
  • Oversee generation of reports that relate to Corporate Banking and Investments Operations including all deal processing and settlement activities.
  • Maintain productive and effective working relationship within APICORP and with external banks/partners.
  • Provide information to internal and external auditors of the Corporation.
  • Ensure daily review of End of Day reports.
  • Responsible of appropriate filling and records keeping for the Corporate Banking and Investments Operations.

Skills

Dimension

Job Requirements (Essential Level)

Job Requirements (Desired Level)


Academic Qualifications and Background


Bachelors degree in Accounting/ Finance/ Economics/ Business Administration or related discipline


Masters degree Accounting/ Finance/ Economics/ Business Administration or related discipline


Languages


Fluent in oral and written English language


Fluent/Proficient in oral and written Arabic would be added advantage


Work Experience

37 years in back office operations in the banking sector (Corporate Banking Operations Bilateral and Syndicated Loans)

Experience in IT systems.


Experience in international accounting standards.

2 years of managerial/ supervisory experience


Job Details Job Location Riyadh Saudi Arabia Job Role Banking Preferred Candidate Career Level Entry Level Years of Experience Min: 3 Degree Bachelors degree This job has been sourced from an external job board.
More jobs on

  • Senior Officer

    3 days ago

    Riyadh, Saudi Arabia Arab Petroleum Investments Corporation Full time

    **Job Purpose**: - Contribute to the processing of Corporate Banking and investments transactions including Syndicated loans to ensure a smooth and timely execution based on the relevant operating policies, procedures and processes. - Support the management of relationships with banks and custodians. - Contribute, in coordination with the Corporate Banking...

  • Associate Coverage

    4 weeks ago

    Riyadh, Saudi Arabia Natixis Corporate & Investment Banking Full time

    Associate Coverage & Investment Banking - KSA **ROLE** The main role of the Associate is to support the Coverage and Investment Banking/M&A teams with the analysis and preparation of pitches and in the execution of Corporate & Investment Banking transactions for clients. Additionally, they are responsible for mentoring and developing the Analysts / Interns...

  • Senior Officer Corporate Banking and Investments Operations

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Precision Hire Solution Full time

    Job DescriptionJob Purpose:Contribute to the processing of Corporate Banking and investments transactions including Syndicated loans to ensure a smooth and timely execution based on the relevant operating policies procedures and processes.Support the management of relationships with banks and custodians.Contribute in coordination with the Corporate Banking...

  • Office Manager

    4 days ago

    Riyadh, Saudi Arabia Natixis Corporate & Investment Banking Full time

    OFFICE MANAGER & PERSONAL ASSISTANT **Company Description** Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse...

  • Office Manager

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Natixis Corporate & Investment Banking Full time

    OFFICE MANAGER & PERSONAL ASSISTANTCompany DescriptionNatixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse...

  • Senior Officer

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Arab Petroleum Investments Corporation Full time

    Job Purpose: Contribute to the processing of Corporate Banking and investments transactions including Syndicated loans to ensure a smooth and timely execution based on the relevant operating policies, procedures and processes. Support the management of relationships with banks and custodians. Contribute, in coordination with the Corporate Banking and...

  • Finance Manager

    3 days ago

    Riyadh, Saudi Arabia Natixis Corporate & Investment Banking Full time

    Finance Manager - KSA **Management reporting**: - Preparation of monthly performance reports for each business line and other management reports for business monitoring; - Close monitoring of the key performance indicators for each business line, per client, and liaise with them or relevant support functions to resolve discrepancies; - Monitor NSAIC...

  • Finance Manager

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Natixis Corporate & Investment Banking Full time

    Finance Manager - KSAManagement reporting: Preparation of monthly performance reports for each business line and other management reports for business monitoring; Close monitoring of the key performance indicators for each business line, per client, and liaise with them or relevant support functions to resolve discrepancies; Monitor NSAIC progress in...

  • Associate Coverage

    4 weeks ago

    Riyadh, Saudi Arabia Natixis Saudi Arabia Invest Co Full time

    **Description de l’entreprise**: - Natixis is a French multinational financial services firm specialized in asset & wealth management, corporate & investment banking, insurance and payments. A subsidiary of Groupe BPCE, the second-largest banking group in France through its two retail banking networks, Banque Populaire and Caisse d’Epargne, Natixis...

  • Specialist-middle Office

    2 months ago

    Riyadh, Saudi Arabia Arab Petroleum Investments Corporation Full time

    **JOB PURPOSE**: - Ensure that the tasks assigned to middle office function under Risk management are reviewed and authorized. Support the front office in the areas of middle office risk management by ensuring that deals negotiated/executed by the front office conform to the agreements, policies, procedures, and approvals. This includes business...

  • Specialist-middle Office

    3 weeks ago

    Riyadh, Saudi Arabia Arab Petroleum Investments Corporation Full time

    **JOB PURPOSE**: - Ensure that the tasks assigned to middle office function under Risk management are reviewed and authorized. Support the front office in the areas of middle office risk management by ensuring that deals negotiated/executed by the front office conform to the agreements, policies, procedures, and approvals. This includes business...

  • Vp-investment Desk

    2 weeks ago

    Riyadh, Saudi Arabia Arab Petroleum Investments Corporation Full time

    1. Maintain a high quality Fixed Income Mandate, Managed Funds/Equities Portfolio within the parameters approved by the Board which is contingent on market conditions and approval of new investments by Management & medium term liquidity conditions of the Corporation. 2. Undertake an active role in formulating and implementing the Department’s...

  • VP-Investment desk

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Arab Petroleum Investments Corporation Full time

    1. Maintain a high quality Fixed Income Mandate, Managed Funds/Equities Portfolio within the parameters approved by the Board which is contingent on market conditions and approval of new investments by Management & medium term liquidity conditions of the Corporation. 2. Undertake an active role in formulating and implementing the Department's investment...

  • Investment Banking Analyst

    3 days ago

    Riyadh, Saudi Arabia Citigroup, Inc. Full time

    Investment Banking Analyst (Saudi Nationals Preferred) Are you looking for a career move that will put you at the heart of corporate finance? Are you keen to work on Mergers & Acquisitions and IPO transactions in the booming Middle East region? This position might be for you! As Investment Banking Analyst you will be at the forefront of executions /...

  • Investment Officer

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia international finance corporation Full time

    International Finance Corporation IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in emerging markets. We operate in over 100 countries, utilizing our capital, expertise, and influence to establish markets and opportunities in developing nations. In the fiscal year 2023, IFC committed a...

  • Investment Banking Analyst

    4 days ago

    Riyadh, Saudi Arabia Citi Full time

    Are you looking for a career move that will put you at the heart of corporate finance? Are you keen to work on Mergers & Acquisitions and IPO transactions in the booming Middle East region? This position might be for you! As Investment Banking Analyst you will be at the forefront of executions / pitches and will have direct exposure to some of the largest...

  • Vp-investment Desk

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Arab Petroleum Investments Corporation Full time

    1. Maintain a high quality Fixed Income Mandate, Managed Funds/Equities Portfolio withinthe parameters approved by the Board which is contingent on market conditions andapproval of new investments by Management & medium term liquidity conditions of theCorporation.Undertake an active role in formulating and implementing the Department's investmentstrategy and...

  • Associate Coverage amp Investment Banking KSA

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Precision Hire Solution Full time

    Description de lentreprise Natixis is a French multinational financial services firm specialized in asset & wealth management corporate & investment banking insurance and payments. A subsidiary of Groupe BPCE the secondlargest banking group in France through its two retail banking networks Banque Populaire and Caisse dEpargne Natixis counts nearly 16000...

  • Investment Banking

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Qureos Inc Full time

    Job Title: Investment BankerCompany: Osool & Bakheet Investment CompanyLocation: Riyadh Saudi ArabiaPosition Type: FulltimeOsool & Bakheet Investment Company is a leading investment firm in Saudi Arabia providing comprehensive financial services and solutions to a diverse client base. We are seeking a highly experienced and motivated Investment Banking...

  • Senior Associate Investments

    6 days ago

    Riyadh, Ar Riyāḑ, Saudi Arabia Ajlan & Bros Holding Full time

    The Senior Associate will:· Ensure the effective and timely assessment of investment strategies, investment plans and investment targets in selected sectors and geographies, to ensure that the organization remains a leader within its defined sector and industry.· Monitor and manage financial and investment performance of the investment portfolio.Manage a...