About the Role / About the Job
The company offers a unique opportunity to be at the forefront of the Kingdom's dynamic financial markets. We are seeking a driven Operations Analyst for our Cash Equity Brokerage team, where you will play a critical role in supporting our equity trading desk and contributing to our success in the region. This position is focused on the MENA equity trading desk, with an emphasis on the Saudi market. The ideal candidate will be a proactive problem-solver with a passion for finance and a commitment to operational excellence. You will be instrumental in ensuring the smooth and efficient processing of trades, managing client accounts, and mitigating risk.
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Key Responsibilities:
- Provide dedicated operational support to the equity trading desk for all Saudi trading activities.
- Manage the end-to-end process of client account creation and maintenance.
- Coordinate with custodians for pre-confirmation of trades to ensure timely settlement.
- Handle client confirmations, ensuring accuracy and prompt delivery.
- Perform daily stock and cash reconciliations to identify and resolve discrepancies.
- Monitor commission payments and ensure they are correctly calculated and processed.
- Engage in proactive risk management by identifying potential operational risks and implementing mitigation strategies.
- Deliver exceptional service to our customers, addressing inquiries and resolving issues effectively.
- Contribute to business enablement by maintaining and enhancing operational excellence.
Absolute Requirements:
- A minimum of a Bachelor's degree specifically in Finance.
- Fluency in English (both written and spoken).
- Proficiency in Microsoft Excel.
Core Competencies:
- Excellent communication and interpersonal skills, with the ability to interact effectively with traders, clients, and custodians.
- A strong analytical mindset with a high level of attention to detail.
- Proven ability to work effectively in a fast-paced, high-pressure environment.
Preferred Skills:
- Previous experience in a brokerage or custody environment.
- An understanding of the specificities of Saudi Equity brokerage.
- Fluency in Arabic.
Job Family Group:
Operations - Transaction Services
Job Family:
Securities and Derivatives Processing
Time Type:
Full time
The company is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at the company.
*View the company's EEO Policy Statement and the Know Your Rights poster.
