Head of Brokerage - KSA

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-prope…