Director of Operations

Lesha Capital is searching for the greatest talent and brightest minds to contribute to the current growth phase at our firm. We are looking for top-tier individuals who are passionate and hungry to add value from day one.

Every day at Lesha is different, presenting a new challenge with the opportunity to contribute and grow. We are looking for Director of Operations.

The Director will lead and oversee the effective, controlled and efficient delivery of Lesha Capital’s investment and asset management operations in Saudi Arabia.

The role is responsible for providing strategic and operational leadership across investment operations, core banking, account administration, trade settlements, cash and liquidity management, reconciliations, operational reporting and client servicing. The role will ensure that all operational activities are supported by robust controls, regulatory compliance, operational resilience and continuous process improvement.

The role will work closely with Lesha Capital’s business units in Saudi Arabia, the Qatar Head Office and external counter parties to support the achievement of the organization’s strategic and operational objectives.

• Own the end-to-end daily operations of Lesha Capital in Saudi Arabia, ensuring that all operational activities are delivered accurately, efficiently and within the required control framework.
• Approve and oversee processing across the full range of products and services, including:
• Account opening and maintenance;
• Fund subscriptions, redemptions and distributions;
• Discretionary portfolio management operations;
• Equities;
• Bonds and sukuk;
• Structured investment products;
• Corporate actions;
• Treasury and foreign exchange transactions;
• Payments;
• Reconciliations; and
• Operational and client reporting.
• Ensure transactions are processed accurately and within agreed turnaround times, service-level agreements and market deadlines.
• Oversee the complete transaction lifecycle, including trade capture, validation, settlement, accounting, reconciliation and client notification.
• Manage the daily allocation of work across the Operations team and monitor the timely completion of assigned activities.
• Ensure operational activities comply with applicable Saudi regulatory and market requirements, as well as Lesha Capital’s policies and procedures.

• Act as the Operations function owner for the core banking system and other operational platforms used by Lesha Capital in Saudi Arabia.
• Ensure all investment products, client accounts, transactions, fees, cash movements and securities positions are accurately captured and maintained within the core banking system.
• Oversee the operational setup and implementation of new products, transaction types, workflows, approval authorities and accounting requirements in coordination with Technology, Finance, Risk, Compliance and the Qatar Head Office.
• Ensure core banking workflows incorporate appropriate maker-checker controls, segregation of duties, authorization limits and audit trails.
• Monitor daily interfaces and data flows between the core banking system and connected platforms, including portfolio management, custody, settlement, payments, general ledger, client reporting and regulatory reporting systems.
• Ensure system-generated positions, balances, transactions and accounting entries are reconciled against relevant internal and external records.
• Own the operational investigation, escalation and resolution of core banking exceptions, interface failures, processing errors and data-quality issues.
• Define and document Operations business requirements for core banking enhancements, upgrades and system integrations.
• Lead Operations participation in impact assessments,…