Head of Brokerage - KSA

The role

This person will build and manage Thndr's brokerage capabilities in Saudi. They will design core brokerage functions, manage relationships with the Saudi Exchange and CMA, and shape the brokerage strategy for KSA.

What you will do

• Design and lead Thndr's core brokerage function in KSA.
• Set up dealing and order-handling processes.
• Own day-to-day brokerage operations.
• Work with compliance on trade surveillance and client protection.
• Manage Thndr's relationship with the Saudi Exchange (Tadawul).
• Support the relationship with the CMA alongside compliance.
• Collect and act on insights about innovative brokerage solutions.
• Work with leadership to shape and implement the brokerage strategy for KSA.
• Partner with the product team to improve brokerage services.
• Own the brokerage budget and business plan.

Required qualifications

• 8+ years in securities brokerage.
• 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.
• Passed the CMA's securities brokers qualification route: CME-3A and CME-3B, or an exemption granted by the CMA.
• Both CME-3A and CME-3B must be passed before CMA registration.
• Eligible for registration with the CMA as a Registered Person.
• Meeting the CMA's fit-and-proper criteria.
• Resident in the Kingdom of Saudi Arabia, or willing to relocate.
• High agency, self-motivation and a strong sense of ownership.
• Excellent communication, negotiation and presentation skills.
• Strong analytical and problem-solving skills.

Nice to have

• Arabic strongly preferred

About the company

Thndr aims to democratize investing across the MENA region. They offer easy access to local and US stocks, funds, and an institutional-grade trading platform called ThndrX.