Overview
Direct Custody and Clearing Operations Associate SA Jobs in Riyadh, Saudi Arabia at JPMorgan Chase & Co.
Direct Custody and Clearing Operations Associate
Job Description
An exciting opportunity to work as a Custody Operations specialist with proven local securities market experience, supporting the implementation of new initiatives. This role offers the chance to develop people management skills and potentially lead the operations team responsible for ongoing business support.
As a Direct Custody and Clearing Operations Associate within the Operations team, you will be an innovative team member with the 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
Provide processing support for effective and efficient delivery of Custody Trade Operations.
Support processing across different instruments like Equity, G-sec, and Corporate Bonds for settlement and regulatory reporting.
Execute error-free operations, identify, and escalate exceptions across processes including pre-trade activity, trade capture, affirmation, brokerage, and settlement.
Knowledge of SWIFT messaging.
Provide first-level supervision in managing daily business deliverables and responding promptly to client inquiries.
Ensure compliance with firm policies and Standard Operating Procedures.
Maintain effective communication with internal and external stakeholders, including market participants.
Required Qualifications, Capabilities, and Skills
Qualified CMA certification is essential.
Minimum of 1 year of trade settlement and custody experience in KSA.
Good understanding of KSA Tadawul systems and operating knowledge.
Ability to prioritize workloads effectively and meet critical deadlines.
High levels of integrity, operating with honesty and transparency.
Proficiency in MS-Office, especially MS-Excel.
Preferred Qualifications, Capabilities, and Skills
Degree or equivalent qualification preferred.
About Us
J.P. Morgan is a global leader in financial services, providing strategic advice and products to prominent clients worldwide. We aim to build trusted, long-term partnerships to help clients achieve their objectives. We value diversity and are committed to equal opportunity, non-discrimination, and reasonable accommodations for employees and applicants.
About the Team
J.P. Morgan’s Commercial & Investment Bank is a global leader across banking, markets, securities services, and payments, serving clients in over 100 countries with strategic advice, capital raising, risk management, and liquidity extension.
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Title: Direct Custody and Clearing Operations Associate SA
Company: JPMorgan Chase & Co.
Location: Riyadh, Saudi Arabia
Category: Finance & Banking (Risk Manager/Analyst, Banking & Finance, Financial Compliance, Financial Consultant)
