Custody Manager

Alpaca
EMEA
Workplace: RemoteFull timeFunction: Finance & AccountingExperience: 7+ yearsSkills: ["Communication","Collaboration","Attention to detail","Risk awareness","Team management"]

Oversee the end-to-end custody lifecycle for client securities, ensuring safekeeping, settlement, and regulatory compliance within Saudi capital markets. Collaborate with Edaa, Tadawul, custodian banks, and product/engineering teams to design scalable custody processes, manage corporate actions, and automate workflows in a fast-paced, risk-aware environment.

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FursaFursa
Alpaca
Alpaca
5 months ago

Custody Manager

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Source: Company careers pageValidated by: Fursa AI
Last checked: 2 hours agoStatus: Live

Job Summary

Oversee the end-to-end custody lifecycle for client securities, ensuring safekeeping, settlement, and regulatory compliance within Saudi capital markets. Collaborate with Edaa, Tadawul, custodian banks, and product/engineering teams to design scalable custody processes, manage corporate actions, and automate workflows in a fast-paced, risk-aware environment.
Location: EMEA
Workplace: Remote
Employment Type: Full time
Job Function: Finance & Accounting
Seniority: Manager level

Key Responsibilities

  • •Own and manage the daily custody operations workflow, including trade settlement (T+2), asset transfers, and position reconciliation across Saudi-listed equities, Sukuk, and fixed-income instruments
  • •Serve as the primary point of contact with the Securities Depository Center (Edaa), the Saudi Exchange (Tadawul), custodian banks, and clearing entities
  • •Design and improve operational processes to increase efficiency, reduce risk, and support business growth in alignment with CMA requirements
  • •Lead corporate actions processing, including dividends, rights issues, stock splits, mergers, and Zatka-related distributions
  • •Collaborate with engineering and product teams to automate custody workflows and reduce manual touchpoints

Pay and Benefits

Equity and Bonus:Equity
Perks:EquityHealth InsuranceHome OfficeMonthly Stipend

Key Requirements

  • •7+ years in securities custody, clearing, or brokerage operations, preferably within the Saudi or GCC capital markets
  • •Strong knowledge of Edaa depository services, Tadawul settlement processes, and the Saudi securities lifecycle
  • •Deep understanding of CMA regulations, including the Securities Business Regulations, AML rules, and client asset protection requirements
  • •Familiarity with Saudi-listed asset classes including equities, Sukuk, ETFs, REITs, and government bonds
  • •Excellent communication and collaboration skills in both Arabic and English, with the ability to work across technical and non-technical teams
Experience:7+ yearsSaudi Arabia capital marketsGCC
Skills:CommunicationCollaborationAttention to detailRisk awarenessTeam management
Certifications:CME-1
Languages:ArabicEnglish
Tech Stack:APIsAutomation toolingSecurities Depository Center (Edaa)Tadawul

Company Brief

Alpaca
Provides developer-first APIs and brokerage infrastructure for algorithmic and automated stock trading, enabling fintechs and developers to build trading applications with commission-free market access and custody services.
Industry: Fintech Infrastructure
Company Size: Medium (51 to 250 employees)
Growth: Scaleup
Funding: Series C
Headquarters: San Mateo, United States
Founded: 2015
WebsiteLinkedIn