Raid Almalki

Experience

• 

  Samba Financial Group

  Jan 2007 - Aug 2010

  Worked in International Brokerage Operation Department, Covering US, Asia, Europe and GCC markets also the IPO around the world. In addition,worked with GCC fund operation department

  • International Bokerage Operation

    Apr 2007 - Aug 2010

  • Coop Training

    Jan 2007 - Mar 2007
• 

  Riyad Capital

  Oct 2010 - Oct 2014

  - Team leader of the US market desk. Also I have the ability & the experience to trade in international stock markets such as Asia, Europe, and GCC markets in addition of the Local market.- Products I experienced in international markets are (Equity trading, derivatives, Fixed Income and Swap trading).- Responsible from the business side for creating a new international brokerage online trading system and work closely and on daily basis with the IT and concern department to accomplish that project which completed on SEP 2013. Show less

  • International & Local Equity Senior Trader

    May 2011 - Oct 2014

  • Brokerage Business Management

    Oct 2010 - May 2011
• 

  SAB Invest

  Oct 2014 - Oct 2024

  - Participate in formulating and constantly review the strategies, policies and procedures, standards as well as annual budget for the Brokerage department, and incorporate up-to-date and innovative products and investment solutions, to ensure delivering optimum products and services.- Develops and executes comprehensive technical plans and programs, both short and long term, toachieve stated strategic objectives.- Monitors the Brokerage Department performance against pre-set performance goals and ensures that preventive/corrective actions are taken accordingly.- Sets the estimated budget for the Brokerage Department and monitors the Department’s expenditures and financial performance in coordination with Finance Department.- Disseminates instructions and circulars in addition to take decisions necessary to fulfil endorsed plans and executive programs.- Leads the further development of Brokerage department to introduce, as applicable, new product and services, which elevates the overall profitability. - Leads the assessment process for brokerage current position to identify & enhance the areas of development in order to optimize performance.- Sets Departmental Business Plan & Strategy implantation to align with overall Strategy and Objectives.- Monitors general performance to ensure alignment with departmental objectives.- Provides, within the Brokerage Department scope, the needed support by Sales Department to meet their sales objectives in order to acquire new clients, and attend to exiting clients’needs.- Leads regular review of policy & procedures to have it up to date and adhere to the banks governance.- Ensure Shariah, Regulatory, and Governance compliance.- Member of Risk & Compliance Management committee (RCMC) Show less - Handling of GCC, International and Fixed Income Trading Services.- Plan and organize providing quality brokerage services in a cost effective and timely manner. - Developing growth strategies and plans by research and identify new business opportunities - including new markets, growth areas, trends, customers, partnerships, products and services - or new ways of reaching existing markets.- Identifying and mapping business strengths and customer needs and work with the management and concerned teams to enact changes.- Having an in-depth knowledge of business products and value proposition and following industry trends locally and internationally.- Drafting and reviewing contracts related to Exchanges (Markets), International brokers and custodians and submit the necessary documents periodically such as KYC. - Supervision all operation related to brokerage system, vendors, audit, IT and all concerned departments.- Member of the integration team during the merge between Saudi British Bank (SABB) and Al-Awwal Bank that responsible for system integration and make sure the smooth of the process. Show less - Monitoring The GCC & International markets performance and news to help the clients to take the best investment decisions in a professional healthy relationship.- Managing Fixed Income/Sukuk desk which include:1- liaising with sales/clients on market movement.2- Offer fixed income products and services as per the client's financial abilities and his interest in investment.3- Executing trades and prepare deal ticket.4- Make sure that all the activities of trading are carried out efficiently by adhering to the rules and Regulations.5- Developing client relationships and presenting ideas to them. Show less

  • Vice President - Head of Institutional Brokerage Trading

    Oct 2022 - Oct 2024

  • Head of Brokerage & Securities Services

    Jul 2021 - Oct 2022

  • Head of International Brokerage & Fixed Income

    Aug 2016 - Jul 2021

  • International Brokerage Senior Trader

    Oct 2014 - Aug 2016
• 

  Muqassa (Securities Clearing Center Company)

  Nov 2024 - now

  Head of Cash & Fixed Income Operations