Head of Custody Operations - KSA
About the role
ABOUT THE ROLE
We are looking for a Head of Custody Operations in Saudi. This person will set up and run Thndr KSA’s trading, settlement, custody and funding operations in close collaboration with Tadawul, the Securities Depository Center (Edaa), the Securities Clearing Center (Muqassa) and other key stakeholders, and will be registered with the Capital Market Authority (CMA).
WHAT YOU
'LL DO Settlement and custody • Oversee all aspects of trade settlement and custody operations. • Manage the full trade life cycle, from execution to final settlement. • Safeguard client assets and client money in line with CMA requirements. • Run robust daily reconciliations with Edaa, Muqassa, custodian and bank records. Operations build • Build reliable operations that can scale with Thndr’s growth. • Develop and implement operational policies and procedures. • Automate processes to reduce manual errors. Risk and compliance • Keep up with market practice and regulation and make sure our operations stay compliant. • Identify and assess operational risks and put controls in place to protect the company and its clients.