Senior Sales Trader

About the Role A senior leadership position within the Brokerage Department, responsible for the end-to-end design, implementation, and management of a new Market Making and Liquidity Providing desk. This role combines high-level strategic planning with hands-on technical execution, focusing on capital allocation, risk management, and sustainable revenue generation through bid-ask spread capture. The Role will be based in Muscat Oman targeting the MSX (Muscat Stock Exchange) as a starting point and to expand to GCC markets in a later stage. Responsibilities: • Desk Setup & Infrastructure • Technology Integration: Select and oversee the deployment of low-latency execution platforms, algorithmic trading engines, and real-time risk monitoring tools. • Execution & Quantitative Strategy • Algorithm Development: Develop and refine automated quoting strategies, focusing on volume participation, price improvement, and inventory management. • Liquidity Provision: Maintain tight spreads and depth across assigned MSX tickers to meet exchange-defined "Market Maker" obligations. • Revenue Generation & Scalability • Profitability Targets: Drive P&L growth through spread capture, and proprietary positioning within risk limits. • Regional Expansion: Develop a roadmap for scaling the desk’s infrastructure to enter UAE, Saudi, and other GCC markets once the MSX operations are stabilized. Required Technical Skills • Equity Market Making and Liquidity Provision • Equities Trading and Sales Trading • Muscat Stock Exchange (MSX) market structure and trading rules • GCC equity markets and regional exchange regulations • Automated and algorithmic quoting strategies • Bid-ask spread management and spread-capture strategies • Market depth and order-book analysis • Inventory, position and exposure management • Trading P&L management and revenue attribution • Capital allocation and risk-adjusted return analysis • Real-time market, position and risk monitoring • Pre-trade and post-trade risk controls • Low-latency execution platforms • Order Management Systems and Execution Management Systems • OMS/EMS implementation and oversight • FIX protocol and exchange connectivity • Direct Market Access (DMA) • Smart order routing • Trade execution, order handling and transaction-cost analysis • Equity valuation, pricing and volatility analysis • Quantitative trading and statistical analysis • Market-maker obligations and exchange compliance • Trade surveillance and market-abuse controls • Clearing, settlement and post-trade operations • Broker, custodian, exchange and technology-vendor coordination • Trading-platform selection, implementation and testing • Business continuity and trading-system controls • Financial modelling and management reporting • Advanced Excel and trading analytics • Python, SQL, C++ or similar quantitative tools — preferred Qualifications & Experience • Bachelor’s Degree from accredited in Finance, Accounting, or a related field. • Experience: Minimum of 10–15 years in financial markets, with a proven track record in Equities Market Making. • Market Knowledge: Deep understanding of the GCC regulatory landscapes, specifically the mechanics of the MSX and regional exchanges. Show more Show less

Bachelor’s Degree from accredited in Finance, Accounting, or a related field. Experience: Minimum of 10–15 years in financial markets, with a proven track record in Equities Market Making. Market Knowledge: Deep understanding of the GCC regulatory landscapes, specifically the mechanics of the MSX and regional exchanges.

Desk Setup & Infrastructure: Technology Integration: Select and oversee the deployment of low-latency execution platforms, algorithmic trading engines, and real-time risk monitoring tools. Execution & Quantitative Strategy: Algorithm Development: Develop and refine automated quoting strategies, focusing on volume participation, price improvement, and inventory management. Liquidity Provision: Maintain tight spreads and depth across assigned MSX tickers to meet exchange-defined "Market Maker" obligations. Revenue Generation & Scalability: Profitability Targets: Drive P&L growth through spread capture, and proprietary positioning within risk limits. Regional Expansion: Develop a roadmap for scaling the desk’s infrastructure to enter UAE, Saudi, and other GCC markets once the MSX operations are stabilized.