Manager Assistant

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Yahya Al-Arab

Nationality: Jordanian

Country of Residence : Kuwait

Mobile: +965-****-****

E-mail: *********@*****.***

Career Objective

To secure a challenging and growing position in the financial industry which allows me to utilizes my experience alongside my education.

Education and Training

• Accounting Degree (BA), University of Petra - Jordan. 2006

• Stock Brokerage Certification, Institute of Banking - Jordan 2007

• Anti-Money Laundering-Kuwait 2016

• Microsoft Excel Certificate-Kuwait 2016

• Certificate in International Financial Reporting IFRS- ACCA 2017

• International Introduction to Securities & Investment – CISI In Progress

Work Experience

Kuwait Finance Investment company-KFIC May 2017-present Operation Assistant Manager-P.F,Fund,online trading (mutadawl)& Treasury – Operation Division (Kuwait)

• Follow procedures and controls ensuring that all operation’s transactions follow the set policies and procedures

• Ensure compliance to rules and regulations of (CMA) for KFIC related to the handling of the funds and clients’ investments from an Operational perspective

• Handle, highlight and follow up on any exceptions, errors or outstanding issues.

• Review daily transactions to ensure timely, accurate and correct processing of all clients’ transactions

• Execute all type of corporate action on timely manner.

• Handling Online trading System (Mutadawl) to insure accurate and correct placement for FX rate, cash and positions.

• Handling Islamic and non-Islamic Funds accounting GL and performance on daily basis, calculate Net Assets Vale (NAV), ensure Trail balance and Positions on Portfolio Are Reconciled on Daily Basis,

• Calculate Custodian Fees and all other Management Fees Related to the Fund Managing.

• Cash Management between banks brokers and custody.

• Handling Treasury Operations, banks communication and Fix deposits Rates. 2

• Liaise with external auditors to make sure quarterly and annual funds financial statements are submitted to regulatory bodies in due course

• Facilitate the accurate and timely settlement of Local (KCC), GCC and International transactions for client investments, and the privet FUND Equity.

• Analyze and manage settlement transactions related to funds under management of the company, provide reports on the same to the concerned parties, through proper arrangement of detailed logs are maintained for all kinds of transactions proper filing for all kind of transaction

• Conduct the initial review of monthly reports for assets and funds under management.

• Examine and analyze the accuracy of funds’ evaluation weekly for Kuwait, and monthly for GCC and quarterly for private equity funds

• Communicate with domestic and international custodians and counterparties; Maintain the register of custody-wise, client-wise and currency-wise positions of securities held, based on the client’s information (Nationality, Residency etc.)

• Check and review the changing status of a portfolio’s information based on client’s request.

• Contact banks, financial institutions, custodians.

• Ensure data integrity, security of systems and payments are in accordance with credit guidelines

• Supervise and execute transaction documentation, disbursal and back office administration for approved transactions

• Provide relevant information as inputs to concerned divisions/departments for their analysis of performance of funds and for preparation of reports on funds’ performance

• Maintain all cash records and client journals ensuring safekeeping of organization’s and client’s documents

• Maintain corporate actions with proper procedures and calculations, records, settlements and reconcile the deferred fees to be paid to KFIC

• Carry out the initial review for quarterly financial statements of the funds before presenting them to the auditors

• Handle cash management professionally and ensure that maintenance of cash records

• Ensure that adequate internal control is maintained over clients’ assets

• Collate relevant information when legal issues arise relating to the pledged portfolios for their inquiries and processing the final verdict from court

• Conduct the calculation of incentive fees for the funds and discretionary portfolios at the closing dates

• Confirm all business systems are fit, solve any system errors, develop and modify the system reports

• Provide quick and responsive services to requests and queries on Operational transactions from all divisions/ departments and from respective banks and clients 3

• Assist the Head of the Department to achieve the departmental targets; Attempt to minimize the operational expenses by ensuring more efficient functioning

• Prepare periodic reports to be submitted to regulatory bodies such as KSE, CBK, CMA on due course

• Ensure proper training of the new staff

• Ensure operation activity and achievement reporting

• Support KFIC Brokerage operations as backup and handling operational side market development with KSE for the upcoming development and updates. Operation Assistant manager August 2009 Till April 2017 Noor capital markets – (Kuwait)

subsidiary Of Amwal International

Investment Company

• Monitor the client’s net positions of GCC and Kuwait stock exchange market, & Portfolios Evaluations (foreign currency and market price).

• Payment to KCC (Kuwait Clearance Company).

• Matching the client’s daily executed transactions and asset holdings with each broker.

• Prepared and maintained up to date reports of daily operations and communicated them on a timely basis to upper management.

• Fx Risk analyst, reconciliation, variances & and trade reconciliation.

• Responsibility for cash management and funding requirements.

• Monitors rates and analyzes the impact of changes on the deposit accounts Kent & credit card accounts.

• Preparing a Monthly Portfolios Reports.

• Arrange and maintain the cash in/out flow from the portfolios.

• Maintain online access to all bank accounts & keep track of associated service agreements.

• Perform all necessary checks and controls on invoices received, including computations and supporting documents.

• Monitor and ensure timely payment for clients Withdrawals.

• Prepare daily credit statement and manage to follow up.

• Client's bank reconciliations and.

• Monitor targets for sales people and calculate sales incentive for each salesperson.

• Booking clients activity (Realized & Unrealized, Swaps & Fees) using accounting system Oracle, prepare income statement.

• Prepare mid and monthly CBK Report, and CMA Monthly report.

• Handling A/R clients.

• Generate General Ledger for client’s activity.

• Generate Profit and loss report daily and monthly basis.

• Work experience on accounting system for booking (Marsoft, oracle).

• Clients Analyst Country wise and per clients (deposits, trading volume, profit & losses).

• Handling Assets Under Management Report on Monthly Basis.

• Marketing analyst based on leads and source compare it with budget and income. 4

Senior Operation Specialist May 2006 - August 2009 Orion Global Financial Services (Dubai) -

ssubsidiary of Shuaa Capital And Orion

Capital

• In charge of all Equity and FX trade settlements

• Perform a daily trade and cash reconciliation

• Perform daily bank accounts reconciliation

• In charge of clients currency conversion

• Monitor the team performance, and prepare submit their appraisals

• Management of Group Treasury’s daily FX exposures and delivery of hedging strategies advice to business units;

• Management of the Treasury Management System including daily reporting and transaction recording;

Customer Service Representative October 2005 to May 2006 Orion Global Financial Services (Jordan)

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subsidiary of Orion Holding Overseas

• Handling Customers Inquiries

• Handling all clients’ money movements including deposits, withdrawals and internal transfers

• Handling the process of all equity’s corporate actions (capital increase and decrease, stock splits, and stock dividend)

• Handling the Equity and FX market research news distribution

• Handling clients’ accounts record update

• Handling Customers compliant

Junior Accountant October 2004 to May 2005

Ma’anne group (Jordan)

• Responsible for booking the journal entries for all related receivable and payable

• Preparing and submitting the Value Added Tax report quarterly to the Tax Authority

• Recording and analysis of revenues and expenses

• Resolve accounting discrepancies and irregularities

• Ensure accurate and timely monthly, quarterly and year end close

• Prepare financial management reports

• Responsible for booking the journal entries for all related receivable and payable

• Preparing and submitting the Value Added Tax report quarterly to the Tax Authority

• Recording and analysis of revenues and expenses

LANGUAGES:

• Arabic: Mother Tongue

• English: Fluently spoken with Excellent reading and writing capabilities 5

SKILLS:

• Strong Managerial skills

• Proficient in MS Office (Word, Excel, PowerPoint, Access)

• Excellent communication skills

• Ability to complete multiple Tasks successfully and efficiently,

• Team player,

• Work well in high stressed situations with a level head and aptitude to think outside the box in a productive manner.

References

Available Upon Request

Contact this candidate