QNB- Associate Asset Management Administration; Qatarization

QNB
3645 - Associate Asset Management Administration (Qatarization)

Job title:

Associate Asset Management Administration (Qatarization)

Job type:
Full-time |

Location:

Qatar

The incumbent will perform asset management custodian services, maintain asset management records and prepare reports pertaining to asset management activities as per the delegated authority.

• Shareholder & Financial:
  Promote cost consciousness and efficiency; enhance productivity to minimise cost and optimise benefits for the bank. Act within the limits of the powers delegated to the incumbent. Implement KPI’s and best practices for the Associate Asset Management Administration role.
• Customer (Internal & External):
  Provide timely asset management accounting and custodianship services to various stakeholders. Assist customers in all queries on Bank’s products and seek solutions to their requests. Maintain activities in accordance with Service Level Agreements (SLAs) with internal departments/units to achieve improvements in turn-around time. Build and maintain strong relationships with related departments/units to achieve the Group’s objectives. Provide timely/accurate data to external/internal Auditors, Compliance, Financial Control and Risk when required.
• Internal (Processes, Products, Regulatory):
  Documentation – Maintain asset management documents (e.g., licenses, prospectus, articles of association, reports, records) and update them on the system. Transfer Agency – Book and settle capital stock activity (subscriptions and redemptions), issue certificates and maintain the investor registry as per delegated authority and QNB’s asset management role. Fund Administration – Record purchases/sales of investments, validate transactions with brokers/banks when required, and book/settle corporate action/income related activity timely and accurately.
  
  Update security records timely and accurately. Fund Accounting – Calculate net asset value (NAV) and book entries to the ledger as per fund activity and deadlines. Perform account/transaction reconciliations – capital stock, holdings, cash, expense, income; investigate discrepancies and address breaks as needed.
• Reporting & Compliance:
  Assist the team in producing financial statements or other required reports. Help produce audit documentation and respond to queries in a timely manner. Maintain confidentiality and comply with operational policies and procedures.
• Learning & Development:
  Seek professional development opportunities and stay current with industry developments.

• Bachelor degree or university graduate in Marketing, Banking, Finance, Accounting, Economics, Business Administration or Information Technology (related field).