Nabil Haj Said

• Manage the effective achievement of the Financial Operations objectives through the leadership - setting individual objectives, managing performance, developing and motivating staff to maximize subordinates, and performance.
• Develop the Financial Operations budget in line with the overall Finance department budget and ensure all activities are carried out in compliance with the approved budget.
• Develop, seek approval and ensure effective implementation of the annual Financial Operations plans to support the achievement of the institution's strategy.
• Recommend improvements to the Finance Department policy and procedures and implement procedures and controls covering all areas of Financial Operations activity so that all relevant procedural/legislative requirements are fulfilled while delivering quality and cost-effective services to the institution.
• Ensure all Financial Operations statements and reports are prepared timely and accurately, and meet internal requirements, policies, and standards.
• Control communications with all correspondents and custodians and address issues in a timely and effective manner.
• Authorize all categories of SWIFT messages pertaining to investments and lending activities, including foreign exchange, deposits, securities purchase/sale/repos, ETF, swaps, margin calls and loans.
• Approve all daily reconciliation reports and end-of-day cash positioning.
• Collaborate with the Compliance department regarding the flagged incoming and outgoing payments.
• Daily monitoring of securities settlement matching status to ensure all securities trades are settled on time.
• Follow the arrangements for the RMA through the SWIFT system with correspondent banks and other banks as required by business needs.
• Collaborating with the Accounts Division during the month-end closing.
• Periodic key risks assessment and reporting to the Risk Unit.
• Liaising with the Internal and external audits during specific audit projects.
• Consistently engage with correspondent banks and other financial institutions to enhance cooperation and advance institutional objectives.
• Validate tests readiness of the SWIFT backup and disaster recovery sites on monthly basis.
• Assisted in recruitment processes, contributing to the hiring of top talent for key positions within the company.
• Implemented new training programmes to enhance employee skills and competencies.
• Mediated conflicts between employees to maintain harmony within the workplace.
• Identify opportunities for continuous improvement of processes, systems, and practices. Work closely with the IT development team to set specifications and undertake necessary testing and implementation.

• Assist the chief in managing the effective achievement of the Settlements Division objectives through close day-to-day engagement with the team.
• Assist the Chief of Settlements Division in the development of the division budget in line with the overall department budget and business plans and ensure all related activities are carried out in compliance with the approved budget.
• Maintain an ongoing awareness of operational procedures and instructions and communicate such to subordinates and monitor their adherence so that work is carried out in a controlled manner.
• Reviewing and approving the consolidated data of all investment transactions.
• Introduced new reconciliation procedures, reducing discrepancies.
• Adhered strictly to industry regulations whilst handling financial transactions.
• Coordinated with traders, enhancing communication and workflow.
• Monitoring the daily collateral activity of all active CSA contracts.
• Improved operational efficiency with process automation initiatives.
• Resolved system errors efficiently minimising service disruption.
• Reconciled trade data from internal systems, external counterparties and trade execution platforms.
• Monitored trade executions and market conditions to identify and address potential trading errors or compliance issues.
• Investigated claims, compiling data, researching issues, and preparing well-founded solutions.
• Calculated interest and associated fees for investment transactions.

• Executed treasury deals confirmation and settlement activities, ensuring accuracy in matching and management of confirmations.
• Conducted daily bank reconciliations between TMS and bank statements for all accounts.
• Communicated with counterparties to resolve issues related to treasury transactions.
• Prepared and maintained standard settlement instructions to streamline processes.
• Monitored securities coupons and redemptions for compliance and timely action.
• Recorded monthly earnings and charges for correspondent bank accounts, promptly addressing discrepancies.
• Performed end-of-day transfers between correspondent accounts to mitigate cash balance shortages.
• Managed cash flow effectively, ensuring optimal liquidity at all times.

Submitted monthly and annual tax declarations, including VAT and Corporate Income Tax.

• Maintained accurate accounting records, ensuring compliance with regulations.
• Conducted monthly bank reconciliations to resolve discrepancies and enhance accuracy.
• Assisted in preparing financial statements and managing end-of-year closing procedures.
• Simplified complex numerical data for non-financial stakeholders to facilitate understanding.
• Documented all company transactions for future reference and accountability.
• Acted as client representative to tax officials in resolving disputed claims.