
Trade Operations Manager
6 days ago
This role is critical to Zad's operational efficiency and commitment to providing clients with a seamless, secure, and compliant trading experience.
Key Responsibilities- Oversee daily trade operations, ensuring accurate and timely execution, settlement, and reconciliation of trades.
- Monitor trade flows across different asset classes, including equities and ETFs.
- Ensure all trades are executed in line with company policies, compliance requirements, and regulatory standards.
- Maintain records of all trade activities and prepare reports for management.
- Ensure trade operations comply with CMA (Kuwait Capital Markets Authority) and SEC/FINRA (US) regulatory frameworks.
- Monitor adherence to AML (Anti-Money Laundering) and KYC (Know Your Customer) policies within trading operations.
- Identify potential risks related to trade operations and implement necessary controls to mitigate them.
- Coordinate with compliance teams to ensure regulatory reporting and audits are completed as required.
- Collaborate with IT and technology teams to enhance the efficiency of trade workflows and automate manual processes.
- Assist 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.
- Provide input for system upgrades and enhancements based on operational requirements.
- Act as the primary liaison between trading teams, brokers, custodians, and clearinghouses to ensure smooth trade processing.
- Coordinate with customer success teams to resolve client trade inquiries and issues in a timely manner.
- Work closely with the finance team to ensure accurate trade reconciliations and fund transfers.
- Assist in training and mentoring junior team members within the operations department.
- Generate periodic reports on trade volumes, error rates, settlement efficiency, and operational risks.
- Track trade operations performance and identify areas for improvement.
- Provide management with insights on trading performance, operational challenges, and recommendations for improvement.
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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