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ZainCash

Electronic wallet and payments platform

Licensed Trading Officer

Sales & TradingConfirmed live in the last 24 hours
Full-timeBaghdad, Baghdad Governorate, IraqNo salary listedIn-person

About the Job

Requirements

  • Has passed the broker-representative examinations approved by the Iraq Securities Commission and the Iraq Stock Exchange, or holds current accreditation as a licensed trading representative.
  • Has at least two years of hands-on experience on the trading desk of a brokerage company licensed on the Iraq Stock Exchange, with practical knowledge of the exchange trading system and the Iraqi Depository Centre's settlement procedures.
  • Has no conviction for a felony or a misdemeanour involving dishonesty and no disciplinary sanction from a regulator; appointment is conditional on the Commission's vetting before commencement.
  • Is fluent in Arabic and has working English proficiency.

Responsibilities

  • Receive, validate and execute client buy and sell orders on the Iraq Stock Exchange through the exchange trading system, within each client's approved limits and account status.
  • Monitor orders routed electronically to the international broker, follow up on rejected or partially filled orders, and handle exceptions with the broker's operations team.
  • Perform pre-trade checks on client identity and account status, available cash or securities, trading restrictions, and flags raised by compliance or anti-money-laundering controls.
  • Keep accurate, time-stamped records of every order, amendment, cancellation and execution as required by regulations and company procedures.
  • Coordinate daily settlement with the Iraqi Depository Centre and the settlement bank, and reconcile executed trades against client accounts and company records.
  • Track corporate actions, trading suspensions, price limits and exchange announcements, and ensure clients' positions and the platform reflect them.
  • Prepare daily and periodic trading-department reports for management and trading data requested by the exchange or the Commission.
  • Act as the trading department's operational contact with the Iraq Stock Exchange and the Iraqi Depository Centre.
  • Apply company compliance, anti-money-laundering and counter-terrorist-financing procedures and risk procedures on the desk, and promptly refer unusual orders or client behaviour to the compliance officer and anti-money-laundering reporting officer.
  • Handle clients' execution-related questions and complaints in line with company service standards.
  • Contribute to building the trading department's procedures and controls, platform testing with the technology vendor, and training of future team members.
  • Maintain the accreditation, continuing education and good-standing requirements set by the Commission and the exchange.

About the Company

ZainCash

Electronic wallet and payments platform

ZainCash offers electronic financial services in Iraq through a mobile wallet and a growing digital ecosystem that lets individuals, businesses, government entities, and non-profit organizations send, receive, and manage money securely. The product works via a Central Bank of Iraq–licensed mobile wallet and related services, with users interacting through mobile apps and digital channels while the ecosystem ties together various payment solutions for transfers, bills, and payments. It differentiates itself by building a broad, integrated set of financial products and services within a licensed framework, aiming to advance financial inclusion and Iraq’s digital economy, as evidenced by billions of dinars in transactions and industry recognition. Its goal is to expand accessible, secure, and convenient digital payments across Iraq and help grow the country’s digital economy.

Company size
201-500
Company stage
Not listed
Total funding
Not listed
Headquarters
Baghdad, Iraq
Founded
2013

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