Job Description

Saudi Tadawul Group Holding Company

OTC Derivatives Operations Lead Specialist

Job id: 580557

11 Jun 2025

Job Location

Saudi Arabia

Experience

3 to 10 years

Qualification Level

Graduate

Job Function

Accounts / Tax / CS / Audit / Finance
Banking / Financial Services

Skillset

experience in financial markets operations

Preferred Jobseekers

Locally available candidates only apply for this job; Jobseekers from any GCC country

PRINCIPAL DUTIES AND RESPONSIBILITIES/KEY ACCOUNTABILITIES

Principal Duties and Responsibilities:

1. Oversee the full post-trade lifecycle of OTC derivatives, including clearing, and settlement.
2. Manage collateral and margin processes in line with risk and regulatory requirements.
3. Support system enhancements and process improvements for operational efficiency.
4. Coordinate with clearing members, custodians, and counterparties to resolve operational issues.
5. Monitor trade exceptions and ensure timely resolution of breaks and fails.
6. Ensure compliance with regulatory standards and internal policies.
7. Maintain up-to-date knowledge of OTC derivatives products and market practices.
8. Maintain familiarity with the MarkitWire platform to effectively support trade lifecycle of OTC derivatives.

Key Accountabilities:

1. Carry out daily operations assigned for the department to comply with the company’s standards.
2. Prepare timely and accurate department reports to meet the requirements, objectives, and standards of the company and the department.
3. Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner.
4. Follow all relevant policies, procedures, and processes in order for the work to be carried out in a controlled and consistent manner.
5. Contribute to the identification of opportunities for continuous improvement of processes and practices, work processes, cost effectiveness, and productivity enhancement.
6. Promote to other employees within the organization the implementation and adherence to policies, procedures, processes, and instructions.
7. Maintain a good and respectful relationship with other colleagues and represent the company in a good image.

Job Requirements:
JOB SPECIFICATIONS

Education and Certifications:

Bachelor Degree in Finance, Accounting, Business Administration or similar is required, Master Degree is preferred.
Professional certifications are preferred
Knowledge and Experience
3 + years of experience in financial markets operations, knowledge of derivatives products and related clearing processes.

Skills Required:

· Proactivity
· Attention to detail
· Communication skills
· Problem-solving skills

You will be redirected to the company website to apply for this position

Disclaimer: GotoGulf is a platform that facilitates recruiters and jobseekers reach out to each other. Applicants are advised to research the bonafides of recruiters independently. We do not endorse requests for money payments and strictly advise against sharing personal or financial information. If you suspect malpractice, please email to us.