About Us

Muwazana is a technology-first capital markets firm at the forefront of high-frequency trading and market making in the Middle East.

Position Summary

Muwazana – a technology-first capital markets firm – is seeking an experienced Trader to manage our Saudi equities Facilitation book. Working at the intersection of high-frequency trading and principal risk, you will manage a SAR 100 million book focused on providing liquidity and managing inventory for flows originating from one of the largest brokerage franchises in Saudi Arabia.

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 developing a deep understanding of Saudi market microstructure (Tadawul), regional exchanges and flows, and the ability to manage significant principal risk in a fast-paced environment. You will leverage Muwazana's proprietary low-latency trading infrastructure and models to navigate market volatility and manage inventory skew.

Key Responsibilities

• Manage a SAR 100 million Facilitation book on Saudi equities, providing immediate liquidity for significant broker flows.

• 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 high 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.

Qualifications & Experience

• 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, high-pressure environments.

• Proven track record of managing books of SAR 100M+ with disciplined risk management.