Investment Operations Officer

Role overview

The Investment Operations Officer will handle the day-to-day activity of investment funds, making sure transactions are processed accurately and on time. The position also supports investor onboarding, regulatory adherence, coordination with third-party service providers, financial reporting, bookkeeping, and audit readiness for the Investments Operations function.

Fund operations

• Support routine fund operations, including transaction processing, reconciliations, and upkeep of operational records.
• Ensure subscriptions, redemptions, and NAV calculations are completed correctly and within required timelines.
• Track fund cash movements, settlements, and reconciliation activities.
• Work with fund managers and administrators to keep workflows efficient and accurate.
• Help ensure funds follow Capital Market Authority (CMA) rules and internal procedures.
• Prepare and file regulatory submissions with the CMA and any other relevant authorities.
• Serve as a main point of coordination between fund managers, administrators, custodians, brokers, and other vendors.
• Maintain and improve operating procedures to support efficiency and reduce operational risk.

Administration, in-house and outsourced support

• Assist with onboarding new fund investors while ensuring KYC and AML requirements are met.
• Coordinate with outsourced fund administrators on accounting, NAV work, investor reporting, and compliance matters.
• Monitor daily fund transactions and keep records accurate and compliant.
• Support corporate actions, dividend processing, and other fund-related financial events.
• Keep operational documents complete, current, and properly organized.
• Assist with audit preparation by gathering fund records, reports, and supporting documentation.

Accounting and financial support

• Support daily financial activity and bookkeeping for the funds within the Investment Operations team.
• Help process payments, review invoices, and reconcile fund-related expenses.
• Coordinate with external auditors during financial audits and regulatory reviews.
• Contribute to accurate financial reporting for fund operations alongside accounting teams.
• Assist with budgeting and cash flow management related to fund activity.

Qualifications and requirements

• Bachelor’s degree in Finance, Accounting, or a related discipline.
• At least 2 years of experience in fund operations, investment management, or financial services.
• Good understanding of CMA regulations and fund compliance obligations.
• Exposure to working with fund managers, administrators, custodians, and auditors.
• Comfort with fund accounting systems and financial reporting tools.
• Strong analytical ability, attention to detail, and problem-solving skills.
• Capacity to manage several tasks at once and work to regulatory deadlines.
• Effective communication and stakeholder coordination skills.

Additional information

This role is based in Jeddah, Makkah, Saudi Arabia and follows an onsite full-time work arrangement.