Head of Brokerage - KSA

Thndr; Riyadh Region; On-site; SAR 600,000 - 900,000; Full time

Job summary

Thndr seeks a Head of Brokerage in Saudi to build and lead Thndr’s brokerage capabilities in KSA, registered with CMA as a senior executive. You will design core brokerage, set up on-boarding to settlement, and ensure best-execution standards.

Lead day-to-day operations, work with compliance on surveillance and client protection, and drive strategy with product and leadership for growth of a compliant, customer-centric platform.

Qualifications

• 8+ years in securities brokerage, incl. 5+ years in KSA at CMA-licensed broker.
• 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 settlement.

Responsibilities

• 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.
• Manage Thndr’s relationship with Tadawul and support CMA relationship alongside compliance.
• Collect and act on insights about innovative brokerage solutions for the Saudi market.
• Shape and implement the brokerage strategy for KSA with Thndr leadership.
• Partner with the product team to improve brokerage services and client experience.
• Own the brokerage budget and business plan.

Skills

Agency & ownership

Communication

Negotiation

Presentation

Work under pressure

Budgeting

Integrity

English fluency

Arabic preferred

Job description

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.