Senior Trader (Facilitation Desk)

Job description

You will work closely with our quantitative researchers and engineers to optimize execution and risk management of the facilitation book, ensuring best-in-class liquidity provision for our partners while maximizing capital efficiency. The role requires a deep understanding of Saudi market microstructure (Tadawul) and the ability to manage significant principal risk in a fast-paced environment. Responsibilities ● Execute and manage principal risk positions, optimizing inventory levels and hedging strategies to minimize market exposure. ● Interact with internal HFT market making systems to offload risk to that engine when appropriate. ● Collaborate with the one of the region's largest brokers to ensure seamless flow integration and the employer execution quality. ● Utilize and provide feedback on internal risk management and monitoring tools to ensure strict adherence to limits. ● Provide market behavior insights to the research team to refine automated pricing and hedging algorithms. ● Help manage the deployment of new strategies and models. ● Help design and develop internal tools, dashboards, and automation. ● Support post-trade activities to aid effective clearing and accurate record-keeping. Below is a list of skills and experiences we think are relevant. Even if you don’t think you’re a perfect match, we still encourage you to apply because we are committed to developing our people. ● 3-10 years of relevant professional experience. ● Deep expertise in Saudi Equity markets, Tadawul microstructure, and facilitation/principal trading desks. ● Exceptional troubleshooting and problem-solving skills, particularly in fast paced, the employer-pressure environments

Requirements

• · Job title: Senior Trader · Work location: Riyadh region · Work type: Full-time

Skills