Specialist - Securities Settlement
Posted date [2026-07-08]
(ID: 47717)
 |
As the largest bank in the UAE, FAB has taken decisive steps as a regional pacesetter in the financial industry to bind both ambition and action together to accelerate the pace of positive environmental change. As the first bank in the MENA region to have committed to a target of net-zero emissions by 2050, we're making advances across our own operations in addition to walking alongside our clients as their strategic partner to ensure they can achieve their climate goals.... |
Job Description and Requirements
Specialist - Securities SettlementJob Snapshot
Role: Specialist - Securities Settlement
Location: Abu Dhabi, United Arab Emirates
Industry: Banking
Function: Accounting-Finance
Experience: Minimum 5 years in securities services or back-office operations
Job Type: Full-time
Position Overview
Specialist - Securities Settlement in Abu Dhabi, United Arab Emirates is a Banking opportunity focused on securities settlement, cash and FX settlement, reconciliation, SWIFT validation, position management, corporate actions support, securities lending, short selling support, and client service delivery across domestic, regional, and international markets. The role supports First Abu Dhabi Bank (FAB) by ensuring complex settlement transactions are processed accurately, market instructions are validated, risks are escalated, and clients receive reliable post-trade operations support aligned with global standards.
Job Details
Country: United Arab Emirates
City: Abu Dhabi
Industry: Banking
Function: Accounting-Finance
Salary: 18000-28000
Estimated salary range based on similar jobs in the job city; please confirm the final offer
with the employer.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Specialist - Securities Settlement will manage high-value and complex securities settlement activities across local, regional, and international markets. This role covers equities, mutual funds, fixed income, hedge funds, structured funds, ETFs, securities lending and borrowing, local market short selling, FX settlement, cash settlement, position reconciliation, corporate action-linked processing, and client instruction validation. The position is critical to reducing settlement failures, avoiding penalties, protecting clients and the bank from operational risk, and supporting the continued growth of FAB’s securities services platform.
Key Responsibilities
* Monitor and process daily settlement activities across domestic, regional, and international markets.
* Handle settlement processing for equities, mutual funds, fixed income, hedge funds, structured funds, ETFs, securities lending and borrowing, and short selling-related transactions.
* Receive, review, and validate client, market, broker, and sub-custodian settlement instructions for accuracy and completeness.
* Ensure matching and settlement of instructions are completed within required timelines across all relevant markets.
* Track settlement status, failed trades, pending instructions, market movements, and client-impacting issues.
* Communicate with clients, counterparties, markets, sub-custodians, regulators, brokers, paying agents, issuers, companies, and other external stakeholders.
* Support due diligence visits and settlement-related client reviews by providing accurate process input and operational information.
* Apply established quality control measures and standard operating procedures throughout the settlement lifecycle.
* Provide first-level training and support to new specialists and assist team members in handling operational inquiries.
* Manage client cash positions to support smooth settlement activity and avoid funding gaps.
* Review and validate cash and FX settlement transactions entered by officers or other specialists.
* Escalate mismatches, settlement discrepancies, funding concerns, overdraft risks, and operational issues to the VP or relevant escalation point.
* Review client holdings and positions daily and reconcile them with sub-custodians, market records, and internal systems.
* Validate SWIFT instructions prepared by officers or other specialists before VP authorization.
* Perform second-level SWIFT generation checks and ensure message usage is accurate.
* Conduct second-level reconciliation checks for securities, cash, FX, corporate actions, tax reclaims, and related settlement activity.
* Ensure trade status reports and settlement instructions are communicated to relevant stakeholders in a timely manner.
* Monitor KPIs, KRIs, capacity planning, incidents, errors, and operational control adherence within the section.
* Submit incidents, issues, breaks, and control concerns to the VP for review and remediation.
* Participate in system upgrades, processing enhancements, off-hours testing, new client onboarding, and settlement-related projects.
* Support implementation of client SLAs, service level definitions, sub-custodian SLAs, new products, new market rules, and procedural changes.
* Identify process risks created by market changes and recommend controls to reduce operational exposure.
* Coordinate with internal departments and external parties to re-engineer processes, improve client delivery, reduce manual activity, and increase operational efficiency.
* Assist in preparing accurate statements, reports, MI updates, and department documentation in line with quality standards.
* Follow departmental policies, standard operating procedures, compliance requirements, audit expectations, and FAB values at all times.
Ideal Profile
* University graduate or bachelor’s degree in Finance, Banking, Business, Accounting, Economics, or a related discipline.
* Candidates with at least 5 years of directly related work experience may also be considered.
* Minimum 5 years of experience in securities services, back-office operations, securities settlement, corporate actions, custody operations, or related post-trade processing.
* Strong understanding of securities services operations and accounting activity linked to securities settlement.
* Practical knowledge of settlement workflows across local, regional, and international markets.
* Experience handling complex and high-value settlement transactions where accuracy, timing, and risk control are critical.
* Good understanding of cash settlement, FX settlement, position management, SWIFT processing, reconciliation, corporate actions, income management, tax reclaims, and market security movement.
* Familiarity with securities lending and borrowing, short selling, client cash management, and sub-custodian coordination is an advantage.
* Ability to review, validate, reconcile, escalate, and follow up on multiple settlement items under tight deadlines.
* Strong execution skills with the ability to manage several tasks at the same time without compromising controls.
* Ability to work under pressure while maintaining accuracy, control discipline, and client service quality.
* Team-oriented approach with the ability to support colleagues, train new specialists, and coordinate effectively across internal and external stakeholders.
* Strong communication skills with the ability to explain settlement information clearly and confidently.
* Ability to challenge issues professionally, build trusting relationships, and support timely resolution of operational breaks.
* Strong risk awareness with the ability to achieve business objectives while respecting control and compliance parameters.
Skills Set
* Securities settlement
* Securities services
* Back-office operations
* Custody operations
* Domestic market settlement
* Regional market settlement
* International market settlement
* Equities settlement
* Mutual funds settlement
* Fixed income settlement
* Hedge fund settlement
* Structured funds settlement
* ETF settlement
* Securities lending and borrowing
* Short selling settlement
* Cash settlement
* FX settlement
* Position management
* Cash management
* SWIFT validation
* SWIFT message processing
* Trade matching
* Failed trade monitoring
* Settlement reconciliation
* Corporate actions support
* Tax reclaims support
* Income management
* Market security movement
* Sub-custodian coordination
* Broker coordination
* Client instruction validation
* Client service delivery
* KPI monitoring
* KRI monitoring
* Capacity planning
* Incident escalation
* Operational risk control
* Audit compliance
* SLA implementation
* System upgrade testing
* Process improvement
* Manual activity reduction
Why Join Us
This opportunity is well suited for a securities services professional who wants to build deeper expertise in Abu Dhabi’s Banking sector across complex post-trade operations. The role offers exposure to domestic, regional, and international markets, high-value settlement processing, securities lending support, FX and cash settlement, SWIFT validation, reconciliation controls, client service delivery, and process improvement projects. It is a strong fit for someone who values accuracy, deadlines, operational control, and reliable execution in a fast-growing securities services environment.
About the Company
First Abu Dhabi Bank (FAB) is one of the UAE’s leading banking groups, providing retail banking, corporate banking, investment banking, global markets, asset management, securities services, and institutional financial solutions. In Abu Dhabi, FAB supports clients through strong operational platforms, regulated market expertise, disciplined control standards, and financial services designed to support secure and efficient transaction processing across regional and international markets.
Gender: Any
Candidate Nationality: Any
Job Type: Full-time
Role Context
The Specialist - Securities Settlement will manage high-value and complex securities settlement activities across local, regional, and international markets. This role covers equities, mutual funds, fixed income, hedge funds, structured funds, ETFs, securities lending and borrowing, local market short selling, FX settlement, cash settlement, position reconciliation, corporate action-linked processing, and client instruction validation. The position is critical to reducing settlement failures, avoiding penalties, protecting clients and the bank from operational risk, and supporting the continued growth of FAB’s securities services platform.
Key Responsibilities
* Monitor and process daily settlement activities across domestic, regional, and international markets.
* Handle settlement processing for equities, mutual funds, fixed income, hedge funds, structured funds, ETFs, securities lending and borrowing, and short selling-related transactions.
* Receive, review, and validate client, market, broker, and sub-custodian settlement instructions for accuracy and completeness.
* Ensure matching and settlement of instructions are completed within required timelines across all relevant markets.
* Track settlement status, failed trades, pending instructions, market movements, and client-impacting issues.
* Communicate with clients, counterparties, markets, sub-custodians, regulators, brokers, paying agents, issuers, companies, and other external stakeholders.
* Support due diligence visits and settlement-related client reviews by providing accurate process input and operational information.
* Apply established quality control measures and standard operating procedures throughout the settlement lifecycle.
* Provide first-level training and support to new specialists and assist team members in handling operational inquiries.
* Manage client cash positions to support smooth settlement activity and avoid funding gaps.
* Review and validate cash and FX settlement transactions entered by officers or other specialists.
* Escalate mismatches, settlement discrepancies, funding concerns, overdraft risks, and operational issues to the VP or relevant escalation point.
* Review client holdings and positions daily and reconcile them with sub-custodians, market records, and internal systems.
* Validate SWIFT instructions prepared by officers or other specialists before VP authorization.
* Perform second-level SWIFT generation checks and ensure message usage is accurate.
* Conduct second-level reconciliation checks for securities, cash, FX, corporate actions, tax reclaims, and related settlement activity.
* Ensure trade status reports and settlement instructions are communicated to relevant stakeholders in a timely manner.
* Monitor KPIs, KRIs, capacity planning, incidents, errors, and operational control adherence within the section.
* Submit incidents, issues, breaks, and control concerns to the VP for review and remediation.
* Participate in system upgrades, processing enhancements, off-hours testing, new client onboarding, and settlement-related projects.
* Support implementation of client SLAs, service level definitions, sub-custodian SLAs, new products, new market rules, and procedural changes.
* Identify process risks created by market changes and recommend controls to reduce operational exposure.
* Coordinate with internal departments and external parties to re-engineer processes, improve client delivery, reduce manual activity, and increase operational efficiency.
* Assist in preparing accurate statements, reports, MI updates, and department documentation in line with quality standards.
* Follow departmental policies, standard operating procedures, compliance requirements, audit expectations, and FAB values at all times.
Ideal Profile
* University graduate or bachelor’s degree in Finance, Banking, Business, Accounting, Economics, or a related discipline.
* Candidates with at least 5 years of directly related work experience may also be considered.
* Minimum 5 years of experience in securities services, back-office operations, securities settlement, corporate actions, custody operations, or related post-trade processing.
* Strong understanding of securities services operations and accounting activity linked to securities settlement.
* Practical knowledge of settlement workflows across local, regional, and international markets.
* Experience handling complex and high-value settlement transactions where accuracy, timing, and risk control are critical.
* Good understanding of cash settlement, FX settlement, position management, SWIFT processing, reconciliation, corporate actions, income management, tax reclaims, and market security movement.
* Familiarity with securities lending and borrowing, short selling, client cash management, and sub-custodian coordination is an advantage.
* Ability to review, validate, reconcile, escalate, and follow up on multiple settlement items under tight deadlines.
* Strong execution skills with the ability to manage several tasks at the same time without compromising controls.
* Ability to work under pressure while maintaining accuracy, control discipline, and client service quality.
* Team-oriented approach with the ability to support colleagues, train new specialists, and coordinate effectively across internal and external stakeholders.
* Strong communication skills with the ability to explain settlement information clearly and confidently.
* Ability to challenge issues professionally, build trusting relationships, and support timely resolution of operational breaks.
* Strong risk awareness with the ability to achieve business objectives while respecting control and compliance parameters.
Skills Set
* Securities settlement
* Securities services
* Back-office operations
* Custody operations
* Domestic market settlement
* Regional market settlement
* International market settlement
* Equities settlement
* Mutual funds settlement
* Fixed income settlement
* Hedge fund settlement
* Structured funds settlement
* ETF settlement
* Securities lending and borrowing
* Short selling settlement
* Cash settlement
* FX settlement
* Position management
* Cash management
* SWIFT validation
* SWIFT message processing
* Trade matching
* Failed trade monitoring
* Settlement reconciliation
* Corporate actions support
* Tax reclaims support
* Income management
* Market security movement
* Sub-custodian coordination
* Broker coordination
* Client instruction validation
* Client service delivery
* KPI monitoring
* KRI monitoring
* Capacity planning
* Incident escalation
* Operational risk control
* Audit compliance
* SLA implementation
* System upgrade testing
* Process improvement
* Manual activity reduction
Why Join Us
This opportunity is well suited for a securities services professional who wants to build deeper expertise in Abu Dhabi’s Banking sector across complex post-trade operations. The role offers exposure to domestic, regional, and international markets, high-value settlement processing, securities lending support, FX and cash settlement, SWIFT validation, reconciliation controls, client service delivery, and process improvement projects. It is a strong fit for someone who values accuracy, deadlines, operational control, and reliable execution in a fast-growing securities services environment.
About the Company
First Abu Dhabi Bank (FAB) is one of the UAE’s leading banking groups, providing retail banking, corporate banking, investment banking, global markets, asset management, securities services, and institutional financial solutions. In Abu Dhabi, FAB supports clients through strong operational platforms, regulated market expertise, disciplined control standards, and financial services designed to support secure and efficient transaction processing across regional and international markets.
