Head of Brokerage - KSA

🏢 Thndr · 📍 Riyadh Office · 💼 onsite · ⏰ FullTime

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Position Summary & Responsibilities

About The Role

We are looking for a Head of Brokerage in Saudi. This person will build and manage Thndr’s

brokerage capabilities in Saudi, and will be registered with the Capital Market Authority (CMA)

as a senior executive of Thndr KSA.

What You'll Do

Brokerage

• Design and lead Thndr’s core brokerage function in KSA, from client onboarding to order

execution and settlement.

• Set up dealing and order-handling processes that meet CMA conduct-of-business and best-

execution requirements.

• Own day-to-day brokerage operations and resolve problematic developments and situations

quickly.

• Work with compliance on trade surveillance, market-conduct controls and client protection.

Market and regulators

• Manage Thndr’s relationship with the Saudi Exchange (Tadawul) and support the relationship

with the CMA alongside compliance.

• Collect and act on insights about innovative brokerage solutions that can be introduced to the

Saudi market.

• Understand market practice and regulation and their impact on Thndr.

Strategy and product

• Work with Thndr’s leadership to shape and implement the brokerage strategy for KSA.

• Partner with the product team to improve brokerage services and the client experience.

• Own the brokerage budget and business plan.

What You'll Need

Experience

• 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 kn

🎯 Candidate Preparation Guide For Thndr Applicants

Key Role Competencies & Evaluation Highlights

Key Role Focus:

Evaluates regulatory navigation, hyper-growth consumer fintech scaling, and the ability to build frictionless investment products for emerging markets.

📋 Preparation Priorities (Key Areas to Clarify):

1. Naivety regarding financial compliance and security risks.
2. Building products that lack local cultural resonance in target emerging markets.
3. Slow decision-making velocity in high-stakes financial operations.

✨ Recommended Role Alignment Hook:

I scale hyper-growth fintech products that make investing accessible, compliant, and frictionless for millions of everyday users.

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