---
title: 'Head of Brokerage - KSA at Thndr'
canonical: 'https://feeny.ai/job/head-of-brokerage-ksa-thndr-riyadh-1yjxx0gezwpj'
type: 'job'
last_seen: '2026-10-19'
---

# Head of Brokerage - KSA at Thndr

- **Company:** Thndr
- **Location:** Riyadh, Saudi Arabia
- **Employment:** full-time
- **Work type:** onsite
- **Posted:** 2026-10-12
- **Last confirmed live:** 2026-10-19
- **Apply:** https://jobs.ashbyhq.com/thndr/6a0f02ee-35be-4386-8711-220a3351bcb7

## 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.

## About Thndr

## Company Overview
- **One-liner**: Thndr is a technology-driven investment platform that aims to democratize access to financial markets in the MENA region by offering a simple, mobile-first way to invest in stocks, gold, mutual funds, and savings funds.
- **Entity Type**: Private (backed by prominent venture capital investors)
- **Headquarters**: Cairo, Egypt (with teams across three countries in the region)
- **Founded**: 2019 (founded after co-founders’ experience at an investment bank in 2016)
- **Founders**: Seif Amr and Ahmad Hammouda

## Core Business
- **Primary industry/industries**: Fintech – investing and wealth management
- **Target customers**: B2C, primarily individual retail investors, especially first-time and young investors (average age <30; 87% first-time investors)
- **Mission or purpose statement**: “Democratize investing in the MENA region” by removing barriers and using technology to offer a simple, accessible investing experience.

## Products & Services
- **Thndr App**: Mobile platform for investing in Egyptian stock market (EGX), US stocks (via Alpaca Securities), gold (via AZG mutual fund), mutual funds, and equity funds.
- **Thndr Learn**: Educational platform teaching personal finance and investing basics.
- **Thndr Claps**: A daily financial newsletter delivered to users’ inboxes.
- **Virtual Mode**: A simulation environment where users can practice investing with 100,000 virtual currency risk-free.
- **Savings Clouds / Savings Funds**: Low-risk, professionally managed fund products for growing savings and protecting against inflation.

## Market Standing
- **Valuation/Market Cap**: Not publicly disclosed (conflicting reports may exist, but not found).
- **Key Metric**: Total users – over 4,000,000 as of 2025/2026. Also, #1 investment platform in Egypt by number of trades, and contributed 86% of new entrants to the EGX in 2022.
- **Notable Investors/Partners**: Prosus Ventures, Tiger Global, BECO Capital, Endure Capital, 4DX Ventures (as of time of data).
- **Growth Signals**: 87% of users are first-time investors; 50% live outside major cities; average age <30; team has grown to 100+ employees across three countries.

## Competitive Advantages
- **Regulatory license**: Licensed by Egypt’s Financial Regulatory Authority (FRA) and ADGM’s Financial Services Regulatory Authority, providing trust and security.
- **Localized user experience**: Tailored for the Egyptian and MENA market, including local payment methods (InstaPay, Vodafone Cash) and Arabic-language content.
- **Educational focus**: Built-in learning tools (Thndr Learn, Claps, Virtual Mode) lower the barrier for new investors.
- **Simplicity and speed**: Same-day account activation with no branch visit required; multiple funding methods.

## Strategic Focus
- **Regional expansion**: The company already operates in Egypt and the UAE (ADGM) and is scaling across the MENA region.
- **Product diversification**: Adding new asset classes (gold, mutual funds, savings funds) to deepen engagement.
- **User education**: Continuing to invest in financial literacy tools to convert first-time investors into long-term customers.

## Why Work Here
- **Culture highlights**: Values include ownership (“act like an owner”), candid and transparent communication, ethical behavior, and a flat hierarchy. Employees describe a contagious passion for the mission and a supportive, encouraging team.
- **Remote/hybrid/office policy**: Not explicitly stated, but the team works across three countries (Egypt, UAE, and likely others), suggesting a flexible or hybrid setup.
- **Notable perks**: Strong sense of impact – “every action has a direct impact on the overall company.” Emphasis on output over hours, collaboration, and diversity.

## Sources
1. [thndr.app – About Us](https://thndr.app/blogpost/about-us/)
2. [thndr.app – Homepage](https://thndr.app/)
3. [thndr.app – Careers](https://thndr.app/careers/)
4. [thndr.app – Jobs List](https://thndr.app/careers/jobs-list/)

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