Direct Custody and Clearing Operations Analyst

Testing Site - JPMC; Riyadh; On-site; SAR 90,000 - 150,000; Full time

Job summary

Testing Site - JPMC in Riyadh seeks a Custody Operations specialist with local securities market experience to support new initiatives and develop people management skills, with potential to lead the operations team in the future.

As a Direct Custody and Clearing Operations Associate, you will define operating models, specify technology needs, and establish processes to back new business initiatives while maintaining strong controls.

Qualifications

• CMA certification is required.
• At least 1 year of trade settlement custody experience in the KSA.
• Strong knowledge of Tadawul systems.
• Proficient MS Excel and MS Office.
• Ability to prioritize workloads and meet deadlines.

Responsibilities

• Provides processing support for effective and efficient process delivery of Custody Trade Operations.
• Provides processing support and efficient process delivery across instruments like Equity, G-sec, Corporate Bonds for settlement and regulatory reporting.
• Executes error-free operations and escalates any exceptions across pre-trade, trade capture, affirmation, brokerage and settlement.
• Knows SWIFT messaging.
• Provides first level supervision in day-to-day management of deliverables and responds to client enquiries.

Skills

Trade settlement custody

Tadawul systems

Prioritization

Integrity

Education

CMA certification

Degree preferred

Tools

MS Excel

MS Office

Job description

Exiting opportunity to perform as Custody Operations specialist with proven local securities market experience and support the implementation of new initiatives. You will have an opportunity to develop your people management skills and in the future lead the operations team responsible for the on-going support of the business.

As a Direct Custody and Clearing Operations Associate within the Operations team, you will be innovative team member with the requisite skills and experience to instigate change and ensure an efficient, controlled operating model. Your responsibilities will include defining and managing the operating model, determining technology requirements, and establishing business processes to support new business initiatives, all while maintaining a robust control environment.

Job responsibilities

• Provides processing support for effective and efficient process delivery of Custody Trade Operations
• Provides processing support and efficient process delivery across different types of instruments like Equity, G-sec, Corporate Bonds for settlement and regulatory reporting
• Executes error free operations and identify and escalation any exceptions across processes including pre-trade activity, trade capture, affirmation, brokerage & settlement
• Knows SWIFT messaging
• Provides first level of supervision in the day to day management of business deliverables and timely response to client enquiries
• Complies with firms policies and Standard Operating Procedures
• Exhibits effective communication with key stakeholders i.e. internal and external market participants

Required qualifications, capabilities, and skills

• Qualified CMA certification essential
• Minimum 1 year of trade settlement custody experience in KSA
• Operating knowledge and good understanding of KSA Tadawul systems
• Ability to effectively prioritize workloads and work to critical deadlines
• Display high levels of integrity; operate on the basis of open and honest interaction
• Knowledge of MS-Office with proficiency in MS-Excel.

Preferred qualifications, capabilities, and skills

• Degree or equivalent preferred