Brokerage Services Manager – Riyadh

Job Specification

Job Summary

JOB PURPOSE

To support Brokerage business growth in order to boost profitability and business efficiency

JOB RESPONSIBILITIES

Assist the Head of Brokerage in formulating strategy, annual business plans, budgets, policies and procedures for the Brokerage Department, to support the organizational business strategy.
Facilitates departmental goals and strategies implementation.
Development of business cases and business requirements related to new equities products and or product modifications.
To support in developing and delivering product solution for brokerage – including local and International equities, ETFs, fixed income and Margin Lending.
Undertake system enhancements initiatives and proactive management and monitoring of brokerage applications, together with extensive problem identification, ownership, resolution or escalation.
Monitor’s brokerage services and products performances and contribute in enhancement plans.
Prepare internal and external business reporting and monitor performance v plan, identifying gaps / opportunities and make recommendations as to how to close any gaps.
Work closely with key stakeholders to evaluate product performance, elicit feedback, and identify improvements in the product proposition moving forward.
Attends to Tadawul requirements as well as regulatory requirements.
Prepares periodic reports with respect to Brokerage Department activities and achievements to be submitted to the Head of Brokerage.

MINIMUM REQUIREMENTS

Bachelor’s degree in business or related field, master’s degree is preferable from a reputable business school.
Professional certification such as (CME, CMT, Tadawul Trader Certificate, etc.) is an advantage.
Minimum 7-10 years’ experience in securities and trade. Extensive experience in supervising teams as part of the execution process, including at least 3 years in a similar role.
Competent knowledge in English and Arabic, Spoken and Written.
In depth knowledge of the company and its products specifications.
In depth knowledge with CMA & TADAWUL regulations and other regulatory bodies.
In Depth knowledge in the financial and securities markets.
Knowledgeable in Economic and Financial Markets Analysis.
In depth knowledge in Electronic Trading, Information Technology and Brokerage Operation.
Advanced knowledge in Brokerage related products and services.
Supervisory and Leadership Skills.

Interested candidates please send your CV and contact details to profiles@darlingtonme.com referencing ‘Brokerage Services’ in the subject line