As a Direct Custody and Clearing Operations Associate within the Operations team, you will be innovative team member with the requisite skills and experience to instigate change and ensure an efficient, controlled operating model. Your responsibilities will include defining and managing the operating model, determining technology requirements, and establishing business processes to support new business initiatives, all while maintaining a robust control environment.
Job responsibilities
Provides processing support for effective and efficient process delivery of Custody Trade Operations
Provides processing support and efficient process delivery across different types of instruments like Equity, G-sec, Corporate Bonds for settlement and regulatory reporting
Executes error free operations and identify and escalate any exceptions across processes including pre-trade activity, trade capture, affirmation, brokerage & settlement
Knows SWIFT messaging
Provides first level of supervision in the day to day management of business deliverables and timely response to client enquiries
Complies with firms policies and Standard Operating Procedures
Exhibits effective communication with key stakeholders i.e. internal and external market participants
Required qualifications, capabilities, and skills
Qualified CMA certification essential
Minimum 1 year of trade settlement custody experience in KSA
Operating knowledge and good understanding of KSA Tadawul systems
Ability to effectively prioritize workloads and work to critical deadlines
Display high levels of integrity; operate on the basis of open and honest interaction
Knowledge of MS-Office with proficiency in MS-Excel.
Preferred qualifications, capabilities, and skills
Degree or equivalent preferred