Custody Product Development Senior Lead Specialist

The Saudi Tadawul Group was established in March 2021 following the transformation of the Saudi Stock Exchange (Tadawul) into a Holding Group structure. It is the parent company with a portfolio of four subsidiaries that operate independently while benefiting from integration and synergies.

The subsidiaries include:
The Saudi Exchange, a dedicated stock exchange business; the Securities Clearing Center Company (Muqassa); the Securities Depository Center Company (Edaa); and Wamid – a new innovative applied technology services business focused on providing innovation and nascent technologies to the capital markets industry through pragmatic innovation.

The Group aims to advance the Saudi capital market’s infrastructure in line with global best practices, while reinforcing Saudi Arabia’s position as an emerging market leader, a technologically advanced and attractive global investment destination and the gateway to the MENA region. It looks to support the successful delivery of Saudi Arabia’s Financial Sector Development Program (FSDP) objectives, as part of Vision 2030, to boost economic growth and diversify the economy.

• Own the end-to-end lifecycle for select custody and post-trade products, including ideation, feasibility assessment, business case preparation, requirement definition, go-to-market planning, and post-launch review.
• Oversee the governance and compliance of custody and fund services products at a strategic level, ensuring frameworks evolve in line with regulatory and market developments.
• Drive improvements in documentation standards and audit readiness across products.
• Lead the in-depth evaluation of product performance, client behavior, and competitive benchmarking. Provide strategic insights to shape product roadmaps and recommend repricing, repositioning, or rationalization actions where appropriate.
• Take full ownership of select custody and fund services product lines, including ideation, feasibility analysis, go-to-market planning, and post-launch review.
• Ensure alignment with business objectives and market evolution.
• Manage high-impact initiatives involving multiple stakeholders and systems. Drive timelines, resolve blockers, and ensure seamless execution through effective stakeholder coordination and delivery monitoring.
• Initiate and lead product innovation opportunities by identifying unmet market needs, leveraging emerging technologies, and aligning with strategic goals.
• Serve as a thought partner in defining Edaa’s long-term custody and fund services vision.
• Represent Edaa in key client discussions, industry forums, and regulatory consultations related to custody and fund services. Support executive decision-making with structured feedback and product insights.
• Serve as a subject matter expert within the team by mentoring junior staff, sharing best practices, and contributing to knowledge transfer across projects.

• Carry out daily operations assigned for the department to comply with the company’s standards.
• Prepare timely and accurate department reports to meet the requirements, objectives, and standards of the company and the department.
• Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner.
• Follow all relevant policies, procedures, and processes in order for the work to be carried out in a controlled and consistent manner.
• Contribute to the identification of opportunities for continuous improvement of processes and practices, work processes, cost effectiveness, and productivity enhancement.
• Promote to other employees within the organization the implementation and adherence to policies, procedures, processes, and instructions.
• Maintain a good and respectful relationship with other colleagues and represent the company in a good image.

• Bachelor Degree in Finance, Business Administration or similar is required, Master Degree is preferred.
• Professional certifications are preferred

• 6 + years of experience in project management or business development within financial services

• Project Management
• Business Analysis
• Client Relationship Management
• Strategic Thinking
• Regulatory Awareness
• Effective Communication

Mid-Senior level

Full-time

Product Management