Senior Prime Brokerage Specialist

Pioneer Aircon; United Arab Emirates; Remote; AED 400,000 - 700,000; Full time

Benefits offered by this job

Fully remote work

Professional development

Remote-friendly culture

Job summary

Pioneer Aircon seeks a Senior Prime Brokerage Specialist to support prime brokerage operations for institutional clients in a fully remote UAE setup.

The role emphasizes trade settlement coordination, margin management, and collateral monitoring within a fast-paced financial services environment. Experience with institutional clients and strong regulatory knowledge are required.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related discipline.
• Typically 5+ years of relevant experience in prime brokerage or institutional securities operations.
• Strong understanding of prime brokerage products, trade lifecycle management, margin financing, securities lending, and collateral operations.
• Experience supporting institutional clients such as hedge funds or asset managers.
• Familiarity with equity/fixed-income products, derivatives, short selling and securities financing transactions.
• Knowledge of settlement processes, custody arrangements, corporate actions, and reconciliation procedures.
• Proficiency in Microsoft Excel; SQL or VBA is advantageous.

Responsibilities

• Oversee daily prime brokerage activities including trade processing, settlement, position management, and client account servicing.
• Coordinate with institutional clients, hedge funds and asset managers on operational needs.
• Monitor margins, collateral movements, and financing exposures.
• Manage securities lending, short-selling support, and related processes.
• Ensure compliance with internal controls, SLAs and regulatory requirements.

Skills

Senior level

Prime brokerage

Trade lifecycle

Client servicing

Microsoft Excel

SQL

Education

Bachelor's degree in Finance/Economics/Business

Tools

Prime brokerage platforms

Trade processing systems

Custody systems

Collateral management tools

Job description

Location: UAE (Remote)

Employment Type: Full-Time

Level: Senior

Work Arrangement: Fully Remote

About Us

Job Title: Senior Prime Brokerage Specialist

Location: UAE (Remote)

Employment Type: Full-Time

Level: Senior

Work Arrangement: Fully Remote

We are seeking an experienced and client-focused Senior Prime Brokerage Specialist to support prime brokerage operations, institutional client servicing, financing activities, and securities processing. This role involves coordinating trade settlement, margin management, securities financing, collateral monitoring, and account administration while maintaining strong operational controls and compliance with applicable regulatory requirements.

The ideal candidate will have extensive experience in prime brokerage or institutional securities services, a solid understanding of financial markets, and the ability to manage complex client and operational requirements in a fast-paced environment.

Key Responsibilities

• Oversee daily prime brokerage activities, including trade processing, settlement coordination, position management, and client account servicing.
• Support institutional clients, hedge funds, asset managers, and other eligible counterparties with operational and financing-related requirements.
• Coordinate trade capture, allocation, confirmation, settlement, and reconciliation across relevant trading and custody systems.
• Monitor client positions, cash balances, securities inventories, margin requirements, and financing exposures.
• Support margin calculations, collateral movements, margin calls, and collateral eligibility assessments in accordance with contractual agreements.
• Manage securities borrowing and lending activities, short-selling support, stock availability checks, and related operational processes.
• Assist with financing arrangements, including margin financing, securities financing, and related cost and exposure monitoring.
• Investigate trade discrepancies, settlement failures, cash breaks, position differences, and collateral disputes, ensuring timely resolution.
• Coordinate with trading desks, middle office, operations, risk management, compliance, treasury, and external counterparties.
• Monitor client activity and account exposures, escalating unusual transactions, margin deficiencies, and potential operational or credit risks.
• Support onboarding and maintenance of institutional accounts, ensuring required documentation and approvals are complete.
• Ensure prime brokerage activities comply with internal policies, service-level agreements, contractual terms, and applicable regulatory requirements.
• Prepare client statements, operational reports, exposure summaries, and management information relating to prime brokerage services.
• Maintain accurate transaction records, client instructions, reconciliations, and audit documentation.
• Support corporate actions processing, income payments, stock loan recalls, and other securities lifecycle events.
• Identify operational inefficiencies and recommend improvements to workflow automation, reconciliation procedures, and client service delivery.
• Assist with internal audits, regulatory reviews, control assessments, and remediation initiatives.
• Provide technical guidance to junior colleagues and contribute to operational training and process improvement projects.

Qualifications and Experience

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or a related discipline.
• Typically 5+ years of relevant experience in prime brokerage, institutional securities operations, investment banking, custody services, or securities financing.
• Strong understanding of prime brokerage products, trade lifecycle management, margin financing, securities lending, and collateral operations.
• Experience supporting institutional clients, including hedge funds, asset managers, or other professional market participants.
• Familiarity with equity and fixed-income products, derivatives, short selling, and securities financing transactions.
• Understanding of margin requirements, collateral haircuts, counterparty exposures, and liquidity considerations.
• Knowledge of settlement processes, custody arrangements, corporate actions, and reconciliation procedures.
• Familiarity with prime brokerage platforms, trade processing systems, custody systems, and collateral management tools.
• Knowledge of UAE financial services regulations and relevant international market practices is an advantage.
• Relevant qualifications such as CFA, CISI, or other recognized securities and capital markets certifications are desirable.
• Strong analytical, numerical, and problem-solving skills with excellent attention to detail.
• Proficiency in Microsoft Excel; experience with SQL, VBA, data analytics, or workflow automation tools is an advantage.
• Excellent communication and stakeholder management skills, with the ability to resolve complex client and operational issues.
• High standards of integrity, confidentiality, and professional judgment.
• Ability to prioritize competing deadlines and work independently in a fully remote environment.

Key Performance Indicators (KPIs)

• Accuracy and timeliness of trade processing, settlement, and client account maintenance.
• Timely resolution of reconciliation breaks, settlement failures, and operational exceptions.
• Accuracy of margin calculations, collateral monitoring, and client exposure reporting.
• Compliance with internal controls, contractual requirements, and applicable regulatory standards.
• Quality and responsiveness of institutional client service.
• Effective identification and escalation of credit, operational, and collateral-related risks.
• Timely completion of onboarding documentation and account maintenance activities.
• Reduction in recurring processing errors and operational incidents.
• Accuracy of management reports, client statements, and audit documentation.
• Contribution to process automation, operational efficiency, and service quality improvements.

What We Offer

• Competitive compensation aligned with experience and technical expertise.
• Fully remote working arrangements.
• Opportunities to work with institutional clients and complex capital markets products.
• Professional development and support for relevant industry qualifications.
• A collaborative environment focused on operational excellence, risk management, and client service.
• Opportunities to contribute to process improvement and strategic prime brokerage initiatives.