Direct Custody and Clearing Operations Associate

Job Description

Exiting opportunity to perform as Custody Operations specialist with proven local securities market experience and support the implementation of new initiatives. You will have an opportunity to develop your people management skills and in the future lead the operations team responsible for the on-going support of the business.

As a Direct Custody and Clearing Operations Associate within the Operations team, you will be innovative team member with the requisite skills and experience to instigate change and ensure an efficient, controlled operating model. Your responsibilities will include defining and managing the operating model, determining technology requirements, and establishing business processes to support new business initiatives, all while maintaining a robust control environment.

Job Responsibilities

• Provides processing support for effective and efficient process delivery of Custody Trade Operations
• Provides processing support and efficient process delivery across different types of instruments like Equity, G-sec, Corporate Bonds for settlement and regulatory reporting
• Executes error free operations and identify and escalate any exceptions across processes including pre-trade activity, trade capture, affirmation, brokerage & settlement
• Knows SWIFT messaging
• Provides first level of supervision in the day to day management of business deliverables and timely response to client enquiries
• Complies with firms policies and Standard Operating Procedures
• Exhibits effective communication with key stakeholders i.e. internal and external market participants
  
  

Required Qualifications, Capabilities, And Skills

• Qualified CMA certification essential
• Minimum 1 year of trade settlement custody experience in KSA
• Operating knowledge and good understanding of KSA Tadawul systems
• Ability to effectively prioritize workloads and work to critical deadlines
• Display high levels of integrity; operate on the basis of open and honest interaction
• Knowledge of MS-Office with proficiency in MS-Excel.
  
  

Preferred Qualifications, Capabilities, And Skills

• Degree or equivalent preferred
  
  

ABOUT US

J.P. Morgan is a global leader in financial services, providing strategic advice and products to the world’s most prominent corporations, governments, wealthy individuals and institutional investors. Our first-class business in a first-class way approach to serving clients drives everything we do. We strive to build trusted, long-term partnerships to help our clients achieve their business objectives.

We recognize that our people are our strength and the diverse talents they bring to our global workforce are directly linked to our success. We are an equal opportunity employer and place a high value on diversity and inclusion at our company. We do not discriminate on the basis of any protected attribute, including race, religion, color, national origin, gender, sexual orientation, gender identity, gender expression, age, marital or veteran status, pregnancy or disability, or any other basis protected under applicable law. We also make reasonable accommodations for applicants’ and employees’ religious practices and beliefs, as well as mental health or physical disability needs. Visit our FAQs for more information about requesting an accommodation.

About The Team

J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services and payments. Corporations, governments and institutions throughout the world entrust us with their business in more than 100 countries. The Commercial & Investment Bank provides strategic advice, raises capital, manages risk and extends liquidity in markets around the world.