Saudi Brokerage Operations Lead

Alpaca; Riyadh; On-site; SAR 260,000 - 420,000; Full time

Benefits offered by this job

Stock options

Health benefits

New Hire Home-Office Setup: USD $500

Monthly stipend: USD $150

Job summary

Alpaca is expanding its brokerage infrastructure into Saudi Arabia and seeks a Brokerage Operations Manager - Saudi to build and scale the local operating model. You will collaborate closely with Leadership and cross‑functional teams to establish procedures, controls, and workflows across Saudi equities and cash operations.

The role demands hands‑on experience in Saudi markets, strong operational knowledge, and a builder mindset to create scalable processes in a evolving regulatory environment.

Qualifications

• 3–7+ years of experience in brokerage, securities, capital markets, or financial-services operations.
• Hands-on experience supporting equities, brokerage operations, trade operations, cash operations, or securities settlement.
• Strong understanding of the trade lifecycle, settlement, reconciliations, cash and money movements, and operational exception management.
• Experience developing, implementing, or maintaining operational procedures, SOPs, controls, or supervisory documentation.
• Familiarity with the Saudi financial markets ecosystem, local market practices, and relevant market infrastructure.
• Demonstrated ability to investigate operational issues, identify root causes, and drive issues through resolution.
• A builder mindset with demonstrated interest or experience creating scalable processes.
• Strong cross-functional communication skills and the ability to partner with Product, Engineering, Compliance, Finance, Treasury, and other stakeholders.

Responsibilities

• Build and operate Alpaca’s Saudi brokerage operations function from the ground up.
• Document, implement, and continually improve SOPs, WSPs, operational controls, and escalation procedures for Saudi brokerage activities.
• Support day-to-day operations for Saudi equities, including trade lifecycle and post-trade workflows.
• Manage cash and money movement processes, including deposits, withdrawals, funding, settlement activity, reconciliations, and exceptions.
• Monitor daily operational activity, investigate breaks and exceptions, and coordinate timely resolution.
• Support operational processes involving Saudi market infrastructure, counterparties, banks, and other brokerage partners.
• Partner with Product, Engineering, Compliance, Finance, Treasury, and other teams to design scalable workflows.
• Establish operational controls, reporting, SLAs, and escalation frameworks.
• Identify opportunities to automate manual processes and improve efficiency, reliability, and scalability.
• Support new product/market launches by defining requirements, controls, testing, and readiness procedures.
• Serve as an operational subject-matter expert for Saudi brokerage processes and troubleshoot complex issues.
• Support audits, regulatory requests, control testing, and other initiatives as needed.
• Take ownership of new responsibilities and projects as Alpaca’s Saudi business grows.

Skills

Brokerage operations

Capital markets

Securities

Saudi market

Operations documentation

Cross-functional collaboration

Issue resolution

Process automation

Job description

Alpaca is expanding its brokerage infrastructure into Saudi Arabia and seeks a Brokerage Operations Manager - Saudi to build and scale the local operating model. You will collaborate closely with Leadership and cross‑functional teams to establish procedures, controls, and workflows across Saudi equities and cash operations.

The role demands hands‑on experience in Saudi markets, strong operational knowledge, and a builder mindset to create scalable processes in a evolving regulatory environment.