Experience

Alpha Capital

• Saudi Arabia
• Investment Management
• 1 - 100 Employee

• Head of Operations

  • Oct 2022 - Present

• Head Of Analytics & Reporting

  • Dec 2021 - Sep 2022

• Head Of Operations

  • May 2018 - Nov 2021



SNB Capital

• Saudi Arabia
• Investment Banking
• 500 - 600 Employee

• Head Fund Administration

  • Oct 2016 - Apr 2018

• Senior Associate - Middle Office

  • Jan 2016 - Oct 2016



Apex Group Ltd (Middle East Branch)

• United Arab Emirates
• Financial Services
• 1 - 100 Employee

• Senior Fund Accountant

  • Jun 2015 - Dec 2015

   Verification and Calculation of Fund NAV in accordance to SSAE 16 (replacement of SAS 70).  Verification and Calculation of Performance Fee (High Water Mark / Crystallization).  Ensuring Daily reconciliation of cash balances and positions of the Fund, with prime brokers and Custodians.  Ensuring trading activity reconciliation from the investment managers trading system or prime broker.  Calculation of NAV lite.  Developing Accounting Entries level / Fund Levels controls using ratios and calculations for accuracy of the NAV.  Processing of corporate actions, trade instructions, wire instructions and dividends.  Verification of Accruals/Prepayment adjustments in GL.  Generating and reviewing the SLAs, PPMs and IMAs of the Portfolios.  Preparation of interim and annual Fund financials.  Ensuring client enquiries are answered in accordance with Apex service standards on an ongoing basis.  Ensuring AML/KYC reviews for new subscription in line with appropriate regulations for investors.  Review and Processing of commitments, subscriptions, transfers and share registry functions.  Ensuring compliance with regulatory requirements (DFSA) and other requirements of the fund's specifications.  Supervision and training of accounting staff. Show less



SNB Capital

• Saudi Arabia
• Investment Banking
• 500 - 600 Employee

• Senior Associate - Middle Office

  • Jul 2014 - May 2015

   Maintaining static data (Securities, Market and MIS)in the systems.  Integration of Front office, Middle Office, Back office and all respective systems. Reporting of Equity & Money Market Mutual Funds (Multi Currency), Equity & Money Market DPMs (Multi Currency), Custody Business, Private Equity, Hedge Funds and Private Placement.  Asserting Portia System (Thomson Reuter Back office system) and Securities Market Data (Static Data) across all the systems in NCB Capital. Developing special reports for Higher Management, Mutual Funds & DPMs Factsheets, Risk & Performance numbers , Income Statements and Client statements for DPM Clients. Daily and monthly reconciliations within the systems. Maintaining compliance & monitoring restrictions across all the portfolios and maintaining & calculating Benchmark data. Asserting Investable universes across portfolios, conducting reconciliation & sanity checking of Mutual Funds/ DPMs and UCITS funds. Ensuring communications between Operations and AM / WM. Generating risk & performance parameters. Verifying Mutual Fund valuations and releasing NAVs and AUMs for the clients on daily basis.  Handling trade capturing across all portfolios in the system, Custody related Trade capturing and Custody reporting. Releasing reports to Private Equity, Hedge Funds and Private Placement reports to clients (From external Fund Administrators) Preparing Financials of the Portfolios and reviewing posted Accounting entries.  Responsible of Reviewing and keeping up-to-date SOPs of the department. Show less

• Associate - Middle Office

  • Mar 2013 - Jun 2014

   Managing Operation and Reporting of Equity & Money Market Mutual Funds (Multi Currency), Equity & Money Market DPMs (Multi Currency), Custody Business, Private Equity, Hedge Funds, Private Placement.  Asserting Portia System (Thomson Reuter Back office system) and Securities Market Data (Static Data) across the systems. Developing special reports for Higher Management, Mutual Funds & DPMs Factsheets, Risk & Performance numbers , Income Statements and Client statements for DPM Clients. Daily and monthly reconciliations within the systems. Maintaining compliance & monitoring restrictions across all the portfolios and maintaining & calculating Benchmark data. Asserting Investable universes across portfolios, conducting reconciliation & sanity checking of Mutual Funds/ DPMs and UCITS funds. Ensuring communications between Operations and AM / WM. Reporting attribution analysis (stock level, sector level, currency level and country level). Generating risk & performance parameters (Alpha, Beta, VAR, R sq, St Dev, Correlation, batting avg etc). Developing composite and strategy wise risk and performance reports. Verifying Mutual Fund valuations and releasing NAVs and AUMs for the clients on daily basis.  Handling trade capturing across all portfolios in the system, Custody related Trade capturing and Custody reporting. Releasing reports to Private Equity, Hedge Funds and Private Placement reports to clients (From external Fund Administrators) Assisting in CRM Project, Middle Office Staff Training, generating pendsum reports and releasing swift payments to counterparties & verifying Exhibits. Responsible for verification of Quantity/Cash reconciliation between Portfolios and Custodian statements. Liaising with Custodians/Sub custodians for trades submission and cash movements (JP Morgans, StateStreet, CITI, HSBC) Show less

• Associate - Middle Office

  • Jun 2011 - Mar 2013

   Managed Equity & Money Market Mutual Funds (Multi Currency), Equity & Money Market DPMs (Multi Currency) Operations. Ensured timely delivery of client reports in a based on Investment agreements, maintained & monitored the process of client deliverables across all business lines on a daily, monthly and quarterly basis.  Processed all corporate actions events at a system level in an accurate, timely and consistent manner, in accordance with departmental procedures. Monitored and reported all exceptions of post trade compliance rules and Portfolio restrictions from mandate compliance rules to fund managers and senior management on a daily basis. In case of violation of any post trade compliance rules, follow up on exception resolution within allowed rectification period.  Reconciled corporate actions on a daily basis. Resolution of any processing issues and liaison with other areas of the company i.e. brokerage, operations etc. Maintained benchmark indices (Customized, Blend and Bridged). Responded to index related queries from Clients and Fund managers.  Developed performance attribution analysis & reporting for all portfolios covering all asset classes. Also performed risk analysis if required. Ascertained timely update of the key Market & static data across relevant portfolios/ benchmarks in the Portia system in order to ensure the accuracy and integrity of the data. Implemented Thomson Reuter’s product Portia Perform and automated the client reporting. Calculation of Risk and performance numbers of the portfolios. Maintained Static Data of Securities and Portfolios developed & delivered Private Equity and Real Estate Fund periodic reports to clients. Captured/ accounted custody trades (sukuks and bonds) in the system and reporting trade confirmations to clients. Prepared DPM and Mutual Funds monthly Factsheets in English and Arabic. Assisted in Implementation of RIMs system. Show less



The National Commercial Bank - AlahliNCB

• Saudi Arabia
• Banking
• 700 & Above Employee

• Senior Fund Administrator

  • Sep 2008 - Jun 2011

   Handled Equity and Money Market Mutual Funds (Multi Currency), Equity and Money Market DPMs (Multi Currency).  Conducted NAV Calculation of GCC Portfolios (which includes Saudi and GCC Mutual Funds, Saudi and GCC DPMs, Externally Managed Mutual Funds).  Managed cash & dividend movements in GCC Portfolios and GCC Portfolios Performance Measurement reports.  Asserted Portfolio indices (S&P, MSCI, TASI, Customized and blended Indices) Index constituents and Index Levels.  Managed GCC Sharia investable universe constituents and weights update for Saudi and GCC fund.  Conducted Cash, Securities and trade reconciliation of GCC Portfolios.  Occasionally performed the valuation and operations of Externally Managed Mutual Funds.  Incorporated GCC corporate actions and IPOs in portfolios.  Generated Weekly AUM, NAV (for all local, external, money market and FOF funds) reports.  Assisted Fund Accountant in Producing Fund Financials.  Monthly AUM, NAV, Performance and Transaction report to clients.  Submitted fund unit prices and AUM to client operations and marketing for submitting into websites.  Quarterly AUM Country allocation (for all local, external and money market sukuk and murabaha funds) report to. CMA as per CMA requirements. Show less