Summary
Thndr is seeking a Head of Brokerage to build and lead its brokerage capabilities in Saudi Arabia, including onboarding, order execution, settlement and day-to-day operations. The role will oversee dealing processes, work with compliance on market-conduct controls, manage relationships with the Saudi Exchange and support brokerage strategy, product development and business planning. Candidates need at least 8 years of securities brokerage experience, including 5 years in Saudi Arabia, and at least 3 years in a senior or team-leading role. CMA registration eligibility and CME-3A and CME-3B qualifications, or an applicable exemption, are required; the role is based in Riyadh, and the person must be resident in Saudi Arabia or willing to relocate. English fluency is required and Arabic is preferred.
The posting
As published on thndr.app. Pulled from the employer's site and shown as they wrote it.
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 knowledge of the Saudi brokerage ecosystem, from order submission to clearing and
settlement.
CMA qualifications and registration
• Passed the CMA’s securities brokers qualification route: CME-3A and CME-3B, or an
exemption granted by the CMA. Holders of the CMA’s previous-series qualification certificates
for this function qualify without retaking the exams. Both must be passed before CMA
registration.
• Eligible for registration with the CMA as a Registered Person under the Capital Market
Institutions Regulations, including meeting the CMA’s fit-and-proper criteria (skills, experience,
competence and integrity).
• Resident in the Kingdom of Saudi Arabia (a requirement for CMA Registered Persons), or
willing to relocate.
Skills
• High agency, self-motivation and a strong sense of ownership.
• Excellent communication, negotiation and presentation skills, with strong analytical and
problem-solving skills.
• Ability to excel under pressure with strong organisational skills.
• Proficient in budgeting and business planning.
• Uncompromising integrity and professionalism.
• Fluent in English; Arabic strongly preferred.
Who We Are
At Thndr, we believe that investing is a right. That anyone with a smartphone deserves to invest, regardless how much money they make.
For lifestyle investors, we offer easy access to local and US stocks, funds managed by professionals, and an AI-enabled experience to build and manage a personalized portfolio.
We also produce relatable financial content, which we post on social media platforms consumers already love and use.
For advanced traders, we offer an institutional-grade trading platform called ThndrX. We built ThndrX specifically to meet the needs of a trader. It offers advanced charts & data, custom screeners, trade-by-trade analytics, research coverage, and more.
There is no doubt that improving trust and participation in local capital markets is crucial for Saudi’s Vision 2030, and its stated goals of economic resilience and diversification. As an investment broker, we clearly see the role we can play in driving investment into productive local companies.
We don't just talk about change, we deliver it. Here's a glimpse into our impact so far:
5.5 million app downloads
21B SAR volume traded in H1 2026 (3.7x YoY growth), 14% of all volume traded on the Egyptian Stock Exchange in H1 2026
15m trades, 35% of all trades on the Egyptian Stock Exchange
Assets under custody: $1B+
#1 digital investing platform in Egypt for the third consecutive year
76% of users are first-time investors
40% of our users come from outside of capital cities and have previously had limited access to financial institutions
Building on the success of our core platform, we also launched Rumble, a subscription-based platform for investment recommendations. Rumble gives users in-depth advice straight from its team of licensed stock analysts.
We're looking for people driven by our mission to help us democratize investing across the MENA region.