Custody & Operations Officer

moomoo; Riyadh; On-site; SAR 100,000 - 140,000; Full time

Job summary

moomoo in Riyadh is seeking an Operations Specialist to manage daily custody, settlement, clearing and reconciliation across Saudi and international markets, ensuring compliance with CMA rules and internal policies.

You will process settlements, cash movements, corporate actions, and monitor failed trades, coordinating with brokers, custodians and internal teams. A Bachelor's in finance or related field and 1–3 years' experience are required; CME-1 preferred.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, or related field.
• CME-1 qualification preferred (or willingness to obtain).
• 1–3 years of experience in custody, settlement, brokerage, or banking operations.
• Knowledge of CMA, Saudi Exchange, Muqassa, Edaa, and international market operations preferred.
• Strong attention to detail and problem-solving skills.
• Good communication skills in Arabic and English.

Responsibilities

• Execute daily custody, settlement, clearing, and reconciliation activities.
• Process settlements, cash movements, and custody instructions accurately and on time.
• Perform daily cash and securities reconciliations and investigate exceptions.
• Handle corporate actions, dividends, stock splits, and rights issues for Saudi and international securities.
• Monitor failed trades and coordinate with brokers, custodians, counterparties and internal teams.
• Maintain accurate operational records and prepare daily reports.
• Support client asset protection, controls, and regulatory compliance.
• Coordinate with CMA, Saudi Exchange, Muqassa, Edaa, custodians and market participants.
• Participate in UAT, process improvements and operational projects.

Skills

Attention to detail

Problem-solving

Communication (Arabic & English)

Education

Bachelor's degree in Finance, Accounting, Business Administration, or related field

Job description

Objectives

Execute daily custody, settlement, clearing, reconciliation, and operational activities across both the Saudi Capital Market and International Markets while ensuring compliance with applicable regulations and internal policies.

Key Responsibilities

• Execute daily custody, settlement, clearing, and reconciliation activities across both the Saudi Capital Market and International Markets.
• Process securities settlements, cash movements, and custody instructions accurately and within market deadlines.
• Perform daily cash and securities reconciliations and investigate settlement exceptions.
• Process corporate actions, dividends, stock splits, rights issues, and other entitlement events for Saudi and International securities.
• Monitor failed trades and coordinate with brokers, custodians, counterparties, and internal teams for timely resolution.
• Maintain accurate operational records and prepare daily operational reports.
• Support client asset protection, operational controls, and regulatory compliance.
• Coordinate with Saudi Exchange, Muqassa, Edaa, custodian banks, global custodians, and other market participants.
• Participate in UAT, process improvements, and operational projects.

Qualifications and Requirements

• Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
• CME-1 qualification is preferred (or willingness to obtain).
• 1–3 years of experience in custody, settlement, brokerage, or banking operations, with exposure to both the Saudi Capital Market and International Markets preferred.
• Knowledge of CMA, Saudi Exchange, Muqassa, Edaa, and international market operations is preferred.
• Strong attention to detail and problem-solving skills.
• Good communication skills in Arabic and English.