Head of Brokerage - KSA
About the role
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.