Repo & Collateral Specialist

About the role

The Repo & Collateral Specialist will be the operational authority for a new greenfield financial market infrastructure platform being built in Oman. You will design, launch and run the repo and collateral services that are essential to a modern market, from bilateral repo settlement to Shari'a‑compliant financing structures.

Key responsibilities

• Own the end‑to‑end processing of bilateral repo transactions, including opening and closing settlements, mark‑to‑market adjustments, substitutions and lifecycle events.
• Manage the operational delivery of the tri‑party collateral service, covering allocation, optimisation, substitutions and release.
• Develop and maintain collateral eligibility criteria, valuation methodologies, haircut frameworks and concentration limits.
• Operate the daily margin process, including exposure calculations, margin calls, dispute resolution and escalations.
• Process Shari'a‑compliant financing structures (murabaha, tawarruq, wakala) ensuring operational accuracy and compliance.
• Handle corporate actions affecting collateralised positions in coordination with the Corporate Actions Specialist.
• Support default management processes, including close‑out procedures, collateral realisation and regulatory testing.
• Design the repo and collateral operating model, procedures, runbooks and reconciliation framework during the build phase.
• Build strong operational relationships with primary dealers, custodians, settlement banks, ICSDs and other market participants.
• Support participant testing and onboarding to ensure market readiness ahead of go‑live.

Required profile

• Degree in finance, accounting, economics, business or a related discipline.
• At least ten years’ hands‑on experience in repo and collateral operations within a CSD, ICSD, custody bank, primary dealer, tri‑party provider or major financial institution.
• Proven practitioner experience managing bilateral repo settlement, tri‑party collateral management, margin processing and default management.

Required skills

• Repo settlement operations
• Tri‑party collateral management
• Margin processing
• Default management procedures