Operation Manager ( Custody Department
Listed on 2026-10-15
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Finance & Banking
Banking & Finance
About the job Operation Manager ( Custody Department )Operation Manager (Custody Department )
Reporting line:
Head of Custody & Operation
The Operation Manager in the Custody Department is responsible for achieving and developing department responsibilities with limited mistake
Duties and Responsibilities- Perform the account opening process.
- Handle daily settlement for local and international markets, including equities, futures, overseas equities, futures and options, fixed income, and derivatives products.
- Cover corporate action process and apply it to our clients.
- Monitor stock activities, positions, and cash reconciliation.
- Resolve issues and requests related to clients.
- Provide support to clients and other departments.
- Ensure all processing transactions comply with relevant regulators and in-house policies.
- Liaise with external parties such as banks, Saudi Exchange, Muqassa, and Edaa.
- Participate in User Acceptance Testing (UAT) environment and enhance the system.
- Manage cash management, payment processes, and invoices.
- Handle requests from the Capital Market Authority (CMA) related to clients.
- Provide other departments with necessary reports.
- Strong sense of responsibility, attention to detail, and ability to work independently with multitasking.
- Excellent communication and interpersonal skills.
- Proficient in both written and spoken Arabic and English.
- Familiarity with Edaa settlement process.
- Familiarity with Fixed Income Products, including bonds, derivatives, and structured products.
- Experience in using Excel and Access will be an advantage.
- Bachelor's degree holder.
- CME-1 qualification.
Work Experience- Over 7 years of experience in Brokerage Operations, with a strong investment banking background.
- Good working and implementation knowledge of Brokerage systems involving e-trading, with ideally prior experience participating in new system development.
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Qualification #Work Experience #Brokerage Operations #Investment Banking #ETrading #System Development
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