Operations Manager Al Ramz Securities

Al Ramz Capital L.L.C. is seeking an experienced Operations Manager to oversee financial operations, back-office transactions, reporting, and performance management within the organization. This role ensures the integrity of financial processes while supporting smooth operations across departments.

Key Responsibilities:

Financial Operations:

• Ensure accuracy and integrity of financial operations, including auctioning and processing transactions between accounts
• Produce reports, verify information, and reconcile balances
• Review accounting functions including accounts management, revenue accounting, and collection monitoring

Back Office Transaction:

• Supervise back-office transactions by gathering client requirements, following up with brokers, and checking client accounts
• Prepare regular reports to support daily trading transactions
• Ensure regularity of transactions and provide reports and confirmations to clients

Documentation & Controls:

• Supervise documentation from Customer Care Officers and Broker Representatives
• Ensure adequate controls to prevent insider trading

Report Management / Reporting:

• Review daily management information reports and formulate commissions for invoicing
• Develop periodic reports, financial plans, and client reviews for Head of Finance and Operations
• Monitor credit transactions against approved limits and submit reports to Management

MIS & Performance:

• Assist in developing and maintaining management information systems (MIS)
• Support business performance management mechanisms

Technical Assistance:

• Provide technical support, including research on listed securities, managed funds, market conditions, and government regulations

Settlement:

• Prepare payments for settlement dues and compute daily net broker positions
• Assist in ensuring all settlement obligations are met on time
• Coordinate with brokers regarding trading limits, approvals, and deviations

Liaison:

• Effectively interact with all internal departments, Customer Care Team, Brokerage, and Branch Offices

Competencies / Skills:

• Strong knowledge of finance and stock market trading
• High-level understanding of back-office requirements
• Excellent communication skills in English and Arabic
• Strong analytical, judgmental, and interpretative skills
• High-level IT proficiency