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Thndr is a fintech platform democratizing access to investing across the MENA region. The company has grown to 5.5 million app downloads and is the #1 digital investing platform in Egypt for three consecutive years, with 76% of users being first-time investors.
As a Trader at Thndr's Riyadh office, you will be a critical member of the Saudi brokerage dealing-desk team, responsible for monitoring and overseeing day-to-day trading activity on the Saudi Exchange (Tadawul). This is a hands-on operational role requiring real-time vigilance and quick decision-making.
Key Responsibilities:
Trading Monitoring & Oversight: Monitor automated client order flow and trading activity throughout trading sessions. Oversee trading-system performance and identify unusual activity, spikes, anomalies, or potential issues. Monitor order status and identify rejected, delayed, or irregular orders. Investigate trading exceptions and determine appropriate action or escalation. Escalate trading issues promptly to relevant teams when intervention is required. Monitor market conditions and assess their potential impact on trading activity. Maintain accurate and auditable records of trading activity, exceptions, and incidents.
Regulatory & Risk Management: Ensure trading activity complies with applicable CMA regulations, market rules, and internal controls. Apply pre-trade controls and trading limits, monitoring adherence to established trading parameters. Work closely with Risk and Compliance on trade surveillance and identification of suspicious or unusual trading activity. Support investigation and documentation of trading incidents, errors, and potential market-abuse concerns. Exercise sound judgment and maintain high integrity when monitoring trading activity.
Trade Lifecycle & Operations: Maintain strong understanding of the Saudi trading lifecycle from order submission through clearing and settlement. Coordinate with Operations on trade confirmations, clearing, and settlement through Edaa and Muqassa. Communicate with relevant Tadawul teams when resolving trading, system, or operational issues. Support resolution of trading exceptions and ensure appropriate documentation.
Cross-Functional Collaboration: Work closely with Operations, Risk, Compliance, Product, and Engineering teams to investigate and resolve trading issues. Provide trading observations and market insights to the Head of Brokerage. Partner with Product and Engineering to identify system issues and improve automated order handling and monitoring. Contribute to improving trading controls, monitoring processes, and overall client trading experience.
Requirements:
- Hands-on Trader/Dealer experience at a CMA-licensed brokerage or Tadawul member firm
- Strong practical knowledge of Tadawul trading systems, order types, and market activity
- Strong understanding of the Saudi trading lifecycle, including order submission, clearing, and settlement
- Experience monitoring trading activity, identifying exceptions or unusual patterns, and escalating issues appropriately
- Meets CMA qualification requirements for the function, including CME-3A and CME-3B, a qualifying previous-series certificate, or a CMA-granted exemption
- Eligible for CMA Registered Person registration and able to meet applicable KSA residency requirements
- Strong attention to detail, sound judgment, and ability to remain calm and responsive under pressure
Nice-to-Have:
- Existing working relationships with relevant Tadawul teams
- Experience with automated trading or electronic brokerage platforms
- Experience with trade surveillance, transaction monitoring, or trading-system monitoring
- Experience preparing trading reports or providing market insights
- Experience working with Product or Engineering teams to improve trading systems, controls, or order handling
- Previous experience in a fast-growing or technology-driven brokerage environment