Custody & Operations Officer

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. 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.