Senior Sales Trader

A senior leadership position within the Brokerage Department, responsible for the end-to-end design, implementation, and management of a new Market Making and Liquidity Providing desk. This role combines high-level strategic planning with hands‑on technical execution, focusing on capital allocation, risk management, and sustainable revenue generation through bid-ask spread capture. The Role will be based in Muscat Oman targeting the MSX (Muscat Stock Exchange) as a starting point and to expand to GCC markets in a later stage.

• Desk Setup & Infrastructure
• Technology Integration:
  Select and oversee the deployment of low‑latency execution platforms, algorithmic trading engines, and real-time risk monitoring tools.

• Execution & Quantitative Strategy
• Algorithm Development:
  Develop and refine automated quoting strategies, focusing on volume participation, price improvement, and inventory management.
• Liquidity Provision:
  Maintain tight spreads and depth across assigned MSX tickers to meet exchange-defined "Market Maker" obligations.

• Revenue Generation & Scalability
• Profitability Targets:
  Drive P&L growth through spread capture, and proprietary positioning within risk limits.
• Regional Expansion:
  Develop a roadmap for scaling the desk’s infrastructure to enter UAE, Saudi, and other GCC markets once the MSX operations are stabilized.

• Equity Market Making and Liquidity Provision
• Equities Trading and Sales Trading
• Muscat Stock Exchange (MSX) market structure and trading rules
• GCC equity markets and regional exchange regulations
• Automated and algorithmic quoting strategies
• Bid-ask spread management and spread-capture strategies
• Market depth and order-book analysis
• Inventory, position and exposure management
• Trading P&L management and revenue attribution
• Capital allocation and risk-adjusted return analysis
• Real-time market, position and risk monitoring
• Pre-trade and post-trade risk controls
• Low-latency execution platforms
• Order Management Systems and Execution Management Systems
• OMS/EMS implementation and oversight
• FIX protocol and exchange connectivity
• Direct Market Access (DMA)
• Smart order routing
• Trade execution, order handling and transaction-cost analysis
• Equity valuation, pricing and volatility analysis
• Quantitative trading and statistical analysis
• Market-maker obligations and exchange compliance
• Trade surveillance and market-abuse controls
• Clearing, settlement and post-trade operations
• Broker, custodian, exchange and technology-vendor coordination
• Trading-platform selection, implementation and testing
• Business continuity and trading-system controls
• Financial modelling and management reporting
• Advanced Excel and trading analytics
• Python, SQL, C++ or similar quantitative tools — preferred

• Bachelor’s Degree from accredited in Finance, Accounting, or a related field.
• Experience:
  
  Minimum of 10–15 years in financial markets, with a proven track record in Equities Market Making.
• Market Knowledge:
  Deep understanding of the GCC regulatory landscapes, specifically the mechanics of the MSX and regional exchanges.