Consultant — Post-Trade Strategy & Market Expansion

Location

Role Purpose

Post-Trade Infrastructure Design

• Design and enhance the cross-border post-trade infrastructure across participating exchanges
• Develop and optimise DVP (Delivery versus Payment) models and custodian arrangements
• Establish operational procedures for clearing and settlement activities
• Align post-trade operations with international best practices

CCP & Clearing Integration

• Design the framework for CCP integration across participating markets
• Develop interoperability and cross-margining models where applicable
• Support risk management frameworks related to settlement and clearing

Custody & Business Development

• Build and develop the custody proposition, including engagement with regional and global custodians
• Define omnibus and segregated account structures for cross-border investors
• Drive custody business development activities to onboard new custodian partners and grow assets under custody

Cross-Border Settlement

• Support implementation of cross-border settlement frameworks across participating markets
• Define operational workflows for trade confirmation, settlement, and reconciliation
• Coordinate FX, cash settlement, and securities movement between linked CSDs

Product Development for New Asset Classes

• Develop post-trade processes for new asset classes (equities, ETFs, sukuk, fixed income, derivatives)
• Build the post-trade product roadmap aligned with commercial objectives

Stakeholder Coordination

• Coordinate with custodians, clearing houses, CSDs, exchanges, brokers, and regulators across participating jurisdictions
• Engage with global custodians and international investor groups on connectivity and onboarding
• Represent the programme in relevant industry forums

Key Deliverables

• Post-Trade Infrastructure Framework — end-to-end design covering clearing, settlement, custody, and corporate actions
• Enhanced DVP & Custodian Operating Model — structured by market and asset class
• CCP Integration Roadmap — phased plan for CCP linkages across participating exchanges
• Settlement & Clearing Operational Procedures — detailed workflows and SLAs
• Post-Trade Risk Management Framework — covering settlement risk, counterparty risk, FX risk, and operational risk
• Cross-Border Settlement Process Design — including cash and securities legs, reconciliation, and exception handling

Required Experience

• 10+ years of experience in post-trade operations, clearing, settlement, or custody — gained at an exchange, CCP, CSD, custodian bank, or global broker-dealer
• Demonstrable experience with product management in post-trade — taking products from concept through design, build, and launch
• Track record in developing custody business development — building the commercial proposition, onboarding custodians, and growing AUC
• Strong working knowledge of DVP models (BIS Models 1, 2, and 3), custodianship structures, and clearing arrangements
• Direct experience working with CCPs, exchanges, custodians, and regulators
• Knowledge of cross-border settlement mechanisms, including ICSD links (Euroclear, Clearstream), correspondent banking, and FX settlement
• Bachelor's degree in Finance, Economics, Engineering, or related field; CFA / FRM / MBA preferred
• GCC market experience strongly preferred; familiarity with regional regulatory environments a plus

Core Skills

• Clearing and settlement infrastructure design
• Post-trade operational design and process engineering
• Custodian and DVP model structuring
• CCP risk waterfall, margining, and default management understanding
• Risk management in post-trade processes
• Regulatory and operational alignment across multiple jurisdictions
• Stakeholder coordination across exchanges, FMIs, custodians, and regulators
• Product management discipline (roadmap, requirements, prioritisation, go-to-market)