Head of Back Office

Location Dubai
Discipline: Commodities
Job type: Permanent
Contact name: Freddie Ricks

Contact email: freddie.ricks@venturesearch.com
Job ref: 2677
Published: 3 months ago

As the Head of Back Office - Settlements & Confirmation, you will oversee and manage all aspects of back office operations related to settlements and confirmations within our oil trading activities. You will be responsible for ensuring the accuracy and efficiency of transaction processing, managing risks, and leading a team of professionals dedicated to delivering exceptional support and service.

Key Responsibilities:

  • Leadership & Management: Lead, mentor, and develop a team of back office professionals, fostering a culture of excellence, collaboration, and continuous improvement.
  • Settlements & Confirmations: Oversee the settlement and confirmation processes for oil trading transactions, ensuring accuracy and timely execution in compliance with company policies and industry standards.
  • Process Optimization: Identify and implement process improvements to enhance operational efficiency, accuracy, and effectiveness in back office functions.
  • Risk Management: Monitor and manage risks associated with settlements and confirmations, implementing controls and mitigation strategies to minimize exposure.
  • Stakeholder Coordination: Liaise with trading, finance, and other departments to ensure seamless communication and coordination on settlement and confirmation matters.
  • Regulatory Compliance: Ensure adherence to regulatory requirements and industry best practices, staying updated on changes in regulations and incorporating them into operational procedures.
  • Reporting & Analysis: Prepare and present regular reports on back office performance, settlement statuses, and confirmation activities to senior management.