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Thndr is a fintech platform democratizing investment access across the MENA region. The company operates a consumer-facing investing app with 5.5M downloads and an institutional-grade trading platform (ThndrX) for advanced traders. Thndr is expanding its brokerage capabilities in Saudi Arabia and seeking a Head of Brokerage to build and lead this function.
In this role, you will design and lead Thndr's core brokerage operations in KSA from client onboarding through order execution and settlement. You will establish dealing and order-handling processes compliant with Capital Market Authority (CMA) conduct-of-business and best-execution requirements. Day-to-day responsibilities include managing brokerage operations, resolving operational issues, and collaborating with compliance on trade surveillance, market-conduct controls, and client protection.
You will manage Thndr's relationships with the Saudi Exchange (Tadawul) and the CMA, staying informed on market innovations and regulatory developments. Working with leadership, you will shape and implement brokerage strategy for KSA, partner with the product team to enhance services and client experience, and own the brokerage budget and business plan.
As a senior executive, you will be registered with the CMA and represent Thndr to regulators and market participants. This is a foundational leadership role building a new business function in a high-growth fintech company.
REQUIREMENTS:
- 8+ years in securities brokerage, including at least 5 years in KSA at a CMA-licensed brokerage or Tadawul member firm
- At least 3 years in a senior or team-leading role within the brokerage value chain
- Working knowledge of the Saudi brokerage ecosystem (order submission, clearing, settlement)
- CMA securities brokers qualification: CME-3A and CME-3B passed (or CMA exemption), or holders of previous-series CMA qualification certificates
- Eligible for CMA Registered Person registration under Capital Market Institutions Regulations, meeting fit-and-proper criteria
- Resident in Saudi Arabia or willing to relocate (CMA requirement)
- High agency, self-motivation, and strong ownership mentality
- Excellent communication, negotiation, and presentation skills; strong analytical and problem-solving abilities
- Ability to perform under pressure with strong organizational skills
- Proficiency in budgeting and business planning
- Uncompromising integrity and professionalism
- Fluent in English; Arabic strongly preferred
