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Senior Officer - Wealth and Investment Specialist

RAKBANK
Dubai, UAE
Full Time
Senior
1 months ago
Wealth OperationsInvestment ProductsReconciliationRisk ManagementRegulatory ComplianceData Analysis
Free

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Wealth OperationsInvestment ProductsReconciliation
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Role Overview

  • Senior Officer – Wealth and Investment Specialist within Customer Fulfilment, overseeing end to end operational governance of Wealth and Investment business.

What You’ll Be Doing

  • Own the end to end operational governance of Wealth & Investment products including equities, mutual funds, bonds, structured products, and bancassurance
  • Manage investment and insurance product setup and admin terminal configurations
  • Oversee the complete transaction and trade lifecycle
  • Perform and review daily reconciliations across cash, income, units/holdings, and premiums
  • Proactively identify, investigate, and resolve exceptions and reconciliation breaks
  • Act as key operations liaison with brokers, asset managers, custodians, and insurance partners
  • Maintain a strong risk and control environment
  • Ensure regulatory compliance with SCA, CBUAE, and Insurance Authority requirements
  • Prepare and deliver accurate MIS and operational reports
  • Partner closely with Wealth Front Office, Product, Finance, Risk, Compliance, and IT
  • Drive process improvements and operational efficiencies
  • Provide guidance and oversight to junior team members

What We’re Looking For

  • Minimum 5 7 years of banking experience in wealth / investment operations, brokerage operations, securities back office, retail investment products, or bancassurance
  • Bachelor’s degree in Finance, Commerce, Business Administration, Economics, or related field
  • Knowledge on AI and Automation tools
  • Languages: English (essential); Arabic (preferred)

What You Should Have

  • Strong Wealth Operations Expertise
  • Reconciliation & Control Focus
  • Product & System Knowledge
  • Risk & Compliance Awareness
  • Data Analysis & Reporting
  • Stakeholder & Communication Skills
  • Ownership, Attention to Detail & Problem Solving

What’s In It For You

  • Competitive, performance linked compensation
  • Medical coverage for you and your family
  • Comprehensive life insurance
  • Inclusive and diverse workplace culture
  • Career development and fast track growth opportunities
  • Mentorship from industry experts

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