OTC Derivatives Operations Lead Specialist

Saudi Tadawul Group Holding Company; Saudi Arabia; On-site; SAR 150,000 - 200,000; Full time

Job summary

A leading company in Saudi Arabia is seeking an OTC Derivatives Operations Lead Specialist. This role encompasses overseeing the post-trade lifecycle, managing collateral processes, and ensuring compliance with regulatory standards. The ideal candidate will have a background in finance with at least 3 years in financial markets operations, showcasing problem-solving abilities and strong attention to detail.

Qualifications

• 3+ years of experience in financial markets operations.
• Knowledge of derivatives products and related clearing processes.

Responsibilities

• Oversee the full post-trade lifecycle of OTC derivatives.
• Coordinate with clearing members to resolve operational issues.
• Monitor trade exceptions and ensure compliance with regulations.

Skills

Proactivity

Attention to detail

Communication skills

Problem-solving skills

Education

Bachelor Degree in Finance, Accounting, Business Administration or similar

Master Degree

Professional certifications

Job description

OTC Derivatives Operations Lead Specialist

PRINCIPAL DUTIES AND RESPONSIBILITIES/KEY ACCOUNTABILITIES

Principal Duties and Responsibilities:

1. Oversee the full post-trade lifecycle of OTC derivatives, including clearing, and settlement.
2. Manage collateral and margin processes in line with risk and regulatory requirements.
3. Support system enhancements and process improvements for operational efficiency.
4. Coordinate with clearing members, custodians, and counterparties to resolve operational issues.
5. Monitor trade exceptions and ensure timely resolution of breaks and fails.
6. Ensure compliance with regulatory standards and internal policies.
7. Maintain up-to-date knowledge of OTC derivatives products and market practices.
8. Maintain familiarity with the MarkitWire platform to effectively support trade lifecycle of OTC derivatives.

Key Accountabilities:

1. Carry out daily operations assigned for the department to comply with the company s standards.
2. Prepare timely and accurate department reports to meet the requirements, objectives, and standards of the company and the department.
3. Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner.
4. Follow all relevant policies, procedures, and processes in order for the work to be carried out in a controlled and consistent manner.
5. Contribute to the identification of opportunities for continuous improvement of processes and practices, work processes, cost effectiveness, and productivity enhancement.
6. Promote to other employees within the organization the implementation and adherence to policies, procedures, processes, and instructions.
7. Maintain a good and respectful relationship with other colleagues and represent the company in a good image.

JOB SPECIFICATIONS

Education and Certifications:

Bachelor Degree in Finance, Accounting, Business Administration or similar is required, Master Degree is preferred.
Professional certifications are preferred
Knowledge and Experience
3 + years of experience in financial markets operations, knowledge of derivatives products and related clearing processes.

Skills Required:

Proactivity
Attention to detail
Communication skills
Problem-solving skills

You will be redirected to the company website to apply for this position

Company Industry

• Elevators

Department / Functional Area

• Data Entry
• Operations
• Back Office Processing

Keywords

• OTC Derivatives Operations Lead Specialist

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