Custody Manager

Alpaca

Riyadh, Saudi Arabia
Competitive salary; not specified; not specified
Remote
7+ years securities custody experience
Knowledge of edaa depository services
Understanding of cma regulations
The role involves overseeing the safekeeping, settlement, and administration of billions of Saudi Riyals in customer holdings within the Kingdom of Saudi Arabia

Job Summary

  • The role involves overseeing the safekeeping, settlement, and administration of billions of Saudi Riyals in customer holdings within the Kingdom of Saudi Arabia.
  • Candidates will serve as the primary liaison with key entities including the Securities Depository Center (Edaa), the Saudi Exchange (Tadawul), and custodian banks.
  • The position requires managing a team while ensuring full compliance with Capital Market Authority regulations and supporting Alpaca's mission to open financial services globally.

Matching Summary

The role involves overseeing the safekeeping, settlement, and administration of billions of Saudi Riyals in customer holdings within the Kingdom of Saudi Arabia.

Salary

Competitive Salary; Not specified; Not specified

Skills & Requirements

Must-have

  • 7+ years securities custody experience
  • Knowledge of Edaa depository services
  • Understanding of CMA regulations
  • Experience with Tadawul settlement processes
  • Fluency in Arabic and English
  • Team management and mentoring skills

Nice-to-have

  • CME-1 or CMA recognized certification
  • Fintech or startup experience
  • API automation and engineering collaboration
  • Digital asset custody knowledge
  • Saudi Vision 2030 sector awareness
  • Remote work experience

Key Requirements

  • 7+ years in securities custody or brokerage operations
  • Deep knowledge of Saudi capital markets lifecycle
  • Proven experience managing operational teams
  • Expertise in CMA regulatory frameworks
  • Ability to resolve settlement breaks

Work Rights

Not specified

Tailored Resume

Cover Letter