Financial Markets Specialist

5 days ago


Kuwait City, Al Asimah Zad Full time
About the Role

This Trade Operations Specialist role is essential to Zad's ability to provide clients with a seamless, secure, and compliant trading experience.

Key Responsibilities
  • Daily oversight of trade operations to ensure accurate and timely execution, settlement, and reconciliation of trades.
  • Monitoring of trade flows across different asset classes, including equities and ETFs.
  • Ensuring all trades are executed in line with company policies, compliance requirements, and regulatory standards.
  • Maintenance of records of all trade activities and preparation of reports for management.
Operational Risk Management
  • Ensuring trade operations comply with CMA (Kuwait Capital Markets Authority) and SEC/FINRA (US) regulatory frameworks.
  • Monitoring adherence to AML (Anti-Money Laundering) and KYC (Know Your Customer) policies within trading operations.
  • Identification of potential risks related to trade operations and implementation of necessary controls to mitigate them.
  • Coordination with compliance teams to ensure regulatory reporting and audits are completed as required.
Process Improvement Initiatives
  • Collaboration with IT and technology teams to enhance the efficiency of trade workflows and automate manual processes.
  • Assistance in troubleshooting system issues related to trade execution, settlement, and reconciliation.
  • Work on continuous process improvements to reduce errors, increase efficiency, and ensure a seamless trading experience for clients.
  • Input provided for system upgrades and enhancements based on operational requirements.
Client Relationship Management
  • Primary liaison between trading teams, brokers, custodians, and clearinghouses to ensure smooth trade processing.
  • Coordination with customer success teams to resolve client trade inquiries and issues in a timely manner.
  • Collaboration with the finance team to ensure accurate trade reconciliations and fund transfers.
  • Training and mentoring of junior team members within the operations department.
Performance Metrics and Reporting
  • Generation of periodic reports on trade volumes, error rates, settlement efficiency, and operational risks.
  • Tracking of trade operations performance and identification of areas for improvement.
  • Provision of management with insights on trading performance, operational challenges, and recommendations for improvement.
Requirements

Bachelor's degree in Finance, Business Administration, Economics, or a related field.

3-5 years of experience in trade operations, settlements, or a related financial operations role.

Experience working in brokerage firms, fintech companies, or investment institutions is preferred.

  • Strong understanding of trading platforms, order execution, and settlement cycles.
  • Familiarity with CMA, SEC, and FINRA regulations governing trade operations.
  • Experience with financial market infrastructures (exchanges, clearinghouses, custodians).
  • Proficiency in using trade order management systems, reconciliation tools, and reporting software.
  • Knowledge of blockchain-based financial transactions and digital assets is a plus.


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