Head of Business Development - Middle East at Alpaca

Alpaca

Riyadh

On-site

SAR 300,000 - 540,000

Full time

14 days+

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Benefits offered by this job

Stock options

Health benefits

Home-office setup

Monthly stipend

Job summary

Alpaca is seeking a Head of Business Development, Middle East to lead commercial expansion across the UAE, Saudi Arabia and the broader GCC. You will own relationships with fintechs, exchanges, brokerages, banks, primes, regulators, and government bodies to drive partnerships and market entry from the ground up.

The role requires 8+ years in BD or institutional sales within financial services or digital assets, strong regional networks, and executive presence.

Qualifications

8+ years in business development, partnerships, or institutional sales in financial services or fintech in the Middle East.
Existing network among fintechs, exchanges, banks, primes, or regulators in the GCC.
Experience engaging with regulators and government agencies in the region.

Responsibilities

Build and maintain trusted relationships with regional fintechs, banks, and regulators.
Lead strategic partnerships and regional expansion initiatives across the Middle East.
Collaborate with Sales, Marketing, Product, and leadership to hit regional targets.

Skills

BD strategy

Partnerships

Executive presence

Regulatory engagement

Regional travel

Tools

CRM

Job description

Head of Business Development - Middle East at Alpaca in الرياض, S01, SA. Full time on site position offers great opportunities for career growth.

Who We Are

Alpaca is a US-headquartered, global leader in agent-first brokerage infrastructure for stocks, ETFs, options, crypto, fixed income, 24/5 trading, and more. Amongst our subsidiaries, Alpaca is a licensed financial services company, serving hundreds of financial institutions across 40 countries with our institutional-grade APIs. This includes broker-dealers, investment advisors, wealth managers, hedge funds, and crypto exchanges, totalling over 10 million brokerage accounts. Our global team is a diverse group of experienced engineers, traders, and brokerage professionals who are working to achieve our mission of opening financial services to everyone on the planet. We're deeply committed to open-source contributions and fostering a vibrant community, continuously enhancing our award-winning, developer-friendly API and the robust infrastructure behind it. Alpaca is proudly backed by $400 million in funding from top-tier global investors including Portage Ventures, Spark Capital, Tribe Capital, Social Leverage, Horizons Ventures, Opera Tech Ventures, SBI Group, Derayah Financial, Unbound, Peak XV, Elefund, and Y Combinator.

Our Team Members

We're a dynamic team of 400+ globally distributed members who thrive working from our favorite places around the world, with teammates spanning the USA, Canada, Japan, Hungary, Nigeria, Brazil, the UK, and beyond! We're searching for passionate individuals eager to contribute to Alpaca's rapid growth. If you align with our core values—Stay Curious, Have Empathy, and Be Accountable—and are ready to make a significant impact.

Your Role

Alpaca is seeking a Head of Business Development, Middle East to lead our commercial and strategic expansion across the region — spanning the UAE, Saudi Arabia, and the broader GCC. You'll own the relationships, deals, and ecosystem presence that bring fintechs, exchanges, brokerages, banks, primes, regulators, and government institutions into Alpaca's orbit across the Middle East. This is a rare opportunity to build Alpaca's regional presence largely from the ground up, at the firm that pioneered instant tokenized equities. You'll work cross-functionally with Sales, Marketing, Product, and executive leadership to grow Alpaca's footprint in one of the world's most active capital markets and digital asset hubs. This role reports into the Director of Business Development and offers significant scope for ownership as Alpaca builds out its regional footprint.

Things You Get To Do

Strategic Relationship & Business Development

Build and maintain trusted relationships with fintechs, exchanges, brokerages, banks, primes, and ecosystem partners across the Middle East
Serve as a key executive interface with prospective and existing clients in the region, identifying opportunities to deepen partnerships and expand adoption
Navigate high-stakes engagements with regulators, government agencies, and public sector institutions to support Alpaca's regional expansion
Nurture client relationships across the region — from initial opportunity scoping through ongoing strategic engagement and partnership growth
Identify and pursue new commercial opportunities in collaboration with Sales, Marketing, Product, and the Director of Business Development
Support account conversion by partnering with the sales team on lead nurturing and referral follow-up

Ecosystem Development & GTM Execution

Drive Alpaca's go-to-market execution across Middle East geographies and verticals through engagement with local fintech communities, regulators, founders, and institutional partners
Collaborate closely with the Director of Business Development and Head of Sales to execute against revenue targets and regional expansion priorities
Champion Alpaca's product value proposition by deeply understanding the platform and translating regional customer pain points into strategic solutions
Analyze CRM data and business performance metrics to inform regional sales strategy and uncover growth opportunities

Industry Representation & Brand Advocacy

Represent Alpaca at high-profile regional industry conferences, regulatory roundtables, and ecosystem events
Serve as a public-facing spokesperson for Alpaca in government meetings, webinars, client workshops, and strategic media engagements across the region
Host and organize regional networking events and client briefings to showcase Alpaca's leadership and reinforce customer trust
Prepare and deliver high-impact sales presentations and regular performance reports, translating data into actionable insights for leadership

Who You Are (Must-Haves)

8+ years of experience in business development, strategic partnerships, or institutional sales within financial services, fintech, capital markets, or digital assets, with substantial experience in the Middle East
An existing network of relationships among fintechs, exchanges, brokerages, banks, primes, or regulators in the UAE, Saudi Arabia, or the broader GCC
Experience engaging directly with regulators and government agencies, and familiarity with regional regulatory frameworks (e.g. DIFC, ADGM, VARA, CMA, SCA)
Strong understanding of (or strong appetite to quickly learn) brokerage infrastructure, tokenization, blockchain-based settlement, and digital asset market structure
Track record sourcing and nurturing strategic relationships that convert into commercial opportunities over time
Excellent executive presence and communication skills, comfortable acting as a public-facing representative of the firm with clients, regulators, and media
Comfortable working cross-functionally with Sales, Marketing, Product, and executive leadership in a fast-moving, remote-first environment
Self-starter mentality with strong organizational skills, a bias toward action, and comfort building a region largely from scratch
Fluency in English required; Arabic fluency strongly preferred
Willingness to travel regularly within the region

Nice-to-Haves

Prior experience at a broker-dealer, exchange, market maker, prime broker, or crypto-native firm operating in the Middle East
Experience working on tokenization, RWA (real-world asset), or on-chain market infrastructure projects
Existing relationships with regional regulators or government agencies
Based in or with deep ties to the UAE or Saudi Arabia

How We Take Care of You