Coo - Chief Operating Officer

2 weeks ago


Dubai, United Arab Emirates Robert Half United Arab Emirates Full time

**The Company**

Robert Half is exclusively working with is a leading international brokerage services company based in the DIFC and headquarter in London.

**The Role**
- Primary responsibility for managing the operational and middle office functions of the firm.
- Collaborate with the CEO in setting and driving the operational strategy for the firm.
- Responsible for the overall management of the Operations team in providing comprehensive operational support including timely transactional processing, broker and client settlements, reconciliations, corporate actions, trade confirmations, cash & securities transfers, client reporting.
- Ensure that all regulatory requirements relating to operations and client assets are complied with at all times.
- Manage operational risks by having adequate and process-driven mitigation measures in place to prevent any operational losses to the firm.
- Responsible for meeting all SLA's agreed upon with the clients and executing brokers.
- Work with business and the technology team on an on-going basis towards enhancements of systems and processes to meet operational and regulatory requirements.
- Update the Operations policies and procedures to conform to international best practices and ensure that the team are trained, updated and provided direction on an on-going basis to efficiently and productively perform their tasks.
- Responsible for managing the internal audit process with the IA firm in terms of scheduling and co-ordinating with the internal teams on timely compilation and furnishing the information against the audit requirements and prompt resolution of audit queries.
- Ensure that there are no major observations or findings in the audit reports and that the quarterly IA reports are submitted to the Audit & Risk Compliance Committee within the deadlines.
- Manage the follow-up management actions mentioned in the report to ensure that they are completed within the set time.
- Minimum of 10 years' working experience in a senior operational management role with a regulated financial services firm broker dealer or an investment bank in the region in general.
- Prior working experience in the DIFC and with a DFSA regulated firm will be an added advantage.
- Exposure to working with regional and international markets and a general understanding of stock market regulations and global market best practices.
- Financial Services domain knowledge (stock broking and of different kinds of financial instruments particularly equity, derivatives, mutual funds, asset management and advisory)
- Good leadership and inter-personal skills to effectively manage the role of a COO.

**Salary and Benefits**

Competitive salary and company benefits



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