Cofounder/COO Wealth Tech – KSA (f/m/d) Full Time

COO & Co Founder – Wealth TechLocation: Riyadh, Saudi ArabiaWe are a pioneering wealth-tech platform that opens doors to exclusive and previously inaccessible investment strategies for high-net worth individuals in the Kingdom of Saudi Arabia. We leverage cutting-edge technology to empower clients with personalized wealth-building opportunities. We are seeking experienced professionals to join us in revolutionizing the wealth management landscape.We are seeking an experienced Chief Operating Officer (COO) and Co-Founder to lead our exciting new venture in the field of wealth management. As the COO, you will be responsible for ruthless execution of the company’s vision and roadmap. You will also be overseeing compliance and technology, ensuring optimal efficiency within the business. The ideal candidate will bring a proven track record of leadership, a deep understanding of wealth management, and a track record of execution in a startup environment.As the COO and Co-Founder of our company, you will play a key role in driving our success by the following responsibilities:Operational Strategy:Develop and implement operational strategies that align with the platform’s growth objectives and enhance the efficiency of fund operations.Drive the integration of wealth tech solutions to optimize fund administration processes.Experience working with multi-asset strategies/fundsWealth Tech Integration:Collaborate with technology teams to implement and optimize wealth tech solutions for seamless fund operations.Ensure the integration of digital tools for portfolio management, reporting, and client services.High Net Worth Client Services:Work closely with Client Services teams to ensure that operational processes meet the unique needs and expectations of high net worth clients.Implement client-centric operational policies and procedures to enhance overall service quality.Fund Administration and Compliance:Oversee all aspects of fund administration, including NAV calculations, reconciliations, and compliance with regulatory requirements.Collaborate with legal and compliance teams to ensure that fund operations adhere to relevant regulatory standards.Risk Management:Implement robust risk management protocols within fund operations, identifying and mitigating potential risks to ensure the security and integrity of client assets.Monitor and assess operational risks regularly, implementing measures to safeguard the platform and its clients.Process Optimization:Drive continuous improvement initiatives to optimize fund operations, implementing best practices and leveraging technology for increased efficiency.Conduct regular reviews of operational processes to identify areas for enhancement and innovation.Qualifications:Must-Have Requirements and Qualifications:You are among the 1% of people who are true entrepreneurs at heart! This is a real founder opportunity. You have a strong burning desire to start your own company and are willing to take all the sacrifices and risks it comes withProven experience as a COO or in a senior operational leadership role within the fintech or wealth tech industry.Background in fund operations, with a focus on high net worth individuals and private wealth management.In-depth knowledge of the regulatory landscape in Saudi Arabia pertaining to fintech and wealth managementStrong organizational and leadership skills.Excellent communication and collaboration abilitiesRelevant certifications in operations managementApproval from the Saudi Arabian Capital Market Authority (CMA) for senior executive rolesWorking experience in KSA or GCCIt would be awesome, if you have:Bachelor’s degree in Business Administration, Finance, or a related fieldPrevious work experience in a startupExperience in digital wealth management or wealthtechFluent in Arabic and EnglishYou are currently a resident in KSAYou are a superstar, if you:Have successfully executed your own startup or side projectWhy you shouldn’t applyYou would not be fully committed for a long-term entrepreneurial journeyLet’s build a great startup together and create real impact within the region!