Control & Reconciliation Manager (25-35,000 AED Per month) - Dubai based - Trading company (FX & CFD's)

Purpose of the role

This role exists to build and run the daily control layer that sits between the firm's trading

platforms, its payment rails and its books, so that every client balance, every deposit and

withdrawal, every position and every partner payout reconciles, every day, with an exception trail

that a regulator or auditor can follow. There is no existing reconciliation function to inherit. The

successful candidate will design the procedures, build the reconciliations, define the exception-

handling and escalation rules, and make the controls operate.

Key responsibilities

Client money and cash reconciliation

• Build and perform the daily reconciliation of client balances across the trading platforms

(MT5, cTrader, DXTrade), the CRM and the ledger against bank, EMI, PSP and crypto-

wallet balances.

• Maintain the evidence of client-money segregation: designated accounts, daily balance

confirmations and monthly attestations for the CEO and Board.

• Reconcile PSP, card, EMI and crypto rails: settlements, fees, chargebacks, refunds and

timing differences, with a clear break report each day.

Deposits and withdrawals

• Operate the withdrawal control process: maker-checker approval, service-level monitoring,

documented reasons and named approvers for any withdrawal that is declined, adjusted or

delayed, and the appeal trail.

Tag Markets. Page 1Control Operations and Reconciliation Specialist | Confidential

• Produce daily and monthly metrics on processing times, declines and exceptions, and

escalate anything outside the agreed thresholds.

Trading and position reconciliation

• Reconcile platform positions, exposures and P&L against liquidity-provider and bridge

statements daily; investigate and resolve breaks with the dealing desk.

• Maintain controls around manual adjustments to client accounts: every balance adjustment

documented, evidenced, dual-approved and reported.

Partner and commission controls

• Reconcile partner commission calculations against qualified-lot data, the commission

schedule and payouts; apply qualified-lot filters and clawback rules; maintain the audit trail

for every commission line.

• Report partner payout totals and exceptions monthly to the CEO and Finance.

Procedures, exceptions and reporting

• Write the reconciliation and control procedures from scratch, with defined frequencies,

owners, tolerances and escalation thresholds.

• Run the exception register: ageing of open breaks, root-cause analysis, and closure evidence.

• Support month-end close, external audit and regulatory requests with reconciled, evidenced

data.

Automation and improvement

• Automate recurring reconciliations using spreadsheets, SQL or scripting, and specify

requirements for reconciliation tooling as volumes grow.

Salary budget: 25-35,000 AED per month + medical + visa + flights + bonus

Please send CV's to David@therigrecruitment.com