Senior Wealth Management Settlement Officer

Role overview

This position is responsible for the smooth and accurate handling of Private Banking and Wealth Management settlement activity, while staying aligned with bank policies, regulatory requirements, and approved operational procedures. The role also carries oversight duties for the work completed by Wealth Management Settlement Officers, with a strong focus on accuracy, compliance, control, and the reduction of operational risk across all asset classes.

Key responsibilities

• Carry out operational duties assigned by the Section Head of Treasury & Investment Operations in line with local laws, Doha Bank policy, and approved T&I Operations procedures.
• Examine and approve trade bookings for Private Banking and Wealth Management, including validation of structured products, bonds, equities, and funds.
• Check settlement instructions prepared by officers and confirm that SWIFT communications, including MT/MX 5XX, 2XX, and 1XX messages, are accurate before they are sent to custodians or counterparties.
• Manage settlements with external custodians and service providers such as UBS, Allfunds, Clearstream, and Euroclear, ensuring delivery-versus-payment and free-of-payment transactions are completed on time.
• Review corporate action processing, including dividends, rights issues, mergers, and redemptions, to ensure entitlements are correct and client reporting is completed promptly.
• Oversee cash and securities reconciliations, identify breaks or mismatches, and ensure they are resolved properly.
• Approve account-opening requests while ensuring compliance with KYC, AML, and all relevant regulatory standards.
• Track custodian and platform activity to make sure operational controls, escalation paths, and risk safeguards are followed.
• Guide and supervise officers to improve efficiency, maintain compliance, and support industry best practices.
• Prepare and share settlement updates, exception reports, and risk-related matters with internal and external stakeholders.

Education and experience

• A university degree in Business, Banking, Finance, Economics, or a similar discipline is required.
• A master’s degree in management or a comparable field will be considered an advantage.
• Between 8 and 12 years of overall experience in banking or financial services is required, with duties relevant to this function.
• Background in Wealth Management or Private Banking operations is preferred.
• Hands-on experience with settlement work in global markets and across multiple asset classes is required.
• Experience dealing with investment instruments such as equities, bonds, funds, and structured products is expected.

Additional information

No salary, opening count, start date, or application deadline was specified in the source information.