Head of Middle & Back Office Operations for Funds & DPM

First Abu Dhabi Bank FAB; Abu Dhabi; On-site; AED 500,000 - 800,000; Full time

Job summary

First Abu Dhabi Bank (FAB) Asset Management seeks an experienced leader to own end-to-end middle and back-office oversight across funds and DPM products. You will ensure IBOR/ABOR integrity, drive automation, and manage outsourced providers, custodians, and fund administrators.

This role demands deep expertise in post-trade processing, NAV review, and risk reporting, with a focus on scalable operations. You will lead product launches, oversee partnerships with sub-advisory partners, and partner

Qualifications

• 15 to 20 years in investment operations middle and back office within asset management or regulated financial services, including oversight of outsourced providers and partners.
• Fund and DPM operations: Fund and DPM accounting oversight, NAV review, post-trade processing, settlements, reconciliations, corporate actions, and tax/fee processing.
• Product development and fund launch experience including New Product Approval processes, operating model design, service provider onboarding and fee/expense ratio modelling.
• Third party oversight: Oversight of fund administrators, custodians, registrars, brokers and sub-advisory investment partners, including SLAs, KPIs and service reviews.
• Reporting and fund data: Client, regulatory and risk reporting, together with fund, product and security data management.

Responsibilities

• Middle office and trade life cycle: Oversee trade execution support and the full post-trade life cycle across asset classes for funds and DPM portfolios including trade capture, confirmation, matching, settlement and fails management.
• IBOR ABOR and OMS integrity: Ensure data accuracy and integrity of records across IBOR, ABOR, OMS, and middle office systems including daily cash position and holdings reconciliations with custodians and brokers.
• Fund accounting and back-office oversight: Oversee outsourced fund accounting and administration including NAV review, pricing, valuation controls, expense accruals, tax and fee processing.
• Product development and fund launch: Lead the operational workstream from client demand to launch, including onboarding, seed funding, and post-launch stabilization.
• Fund life cycle events: Manage share class launches, restructurings, mergers and closures with service providers and TEC modelling across scenarios.
• Operational partner oversight: Oversee life cycle and operations of sub-advisory partners including due diligence, incident management and escalation.
• Service provider and outsourcing governance: Own outsourcing governance, KPI reporting, fee/contract reviews, and CMA/SCA compliance.
• Client reporting: Own client reporting across funds and DPM including valuations, statements, factsheets, and onboarding.
• Regulatory financial and risk reporting: Deliver structured data for Compliance, Finance and Risk including exposure and liquidity reporting.
• Platform implementation: Lead operations for SimCorp One implementation covering IBOR/ABOR/OMS workflows, risk, and reporting modules.

Skills

Investment operations

Middle & back office

Outsourced providers oversight

Fund & DPM operations

New Product Approval

Platform familiarity

Tools

SimCorp

BlackRock Aladdin

Charles River

Job description

First Abu Dhabi Bank (FAB) Asset Management seeks an experienced leader to own end-to-end middle and back-office oversight across funds and DPM products. You will ensure IBOR/ABOR integrity, drive automation, and manage outsourced providers, custodians, and fund administrators.

This role demands deep expertise in post-trade processing, NAV review, and risk reporting, with a focus on scalable operations. You will lead product launches, oversee partnerships with sub-advisory partners, and partner