Thndr is an investment platform that aims to democratize investing in MENA. Our platform represents a seamless way for individuals to achieve financial independence and growth and a means for countries to promote local investment products and unlock dormant liquidity.
We exists because of the the following problem statements:
High barriers - In the form of minimum account balances, brick and mortar onboarding and low financial literacy
Irrelevant experience - Catered towards traders and financial experts, therefore alienating the majority of the population
Fragmented Offering - Investment products are not gathered in a single outlet
In our short journey we’ve validated that there is a need for our solution, as illustrated by these key figures:
$8.8bn in annualized traded value
#1 platform in terms of retailed traded value with 11% market share
84% of our users are investing for the 1st time
65% of our users come from outside of capital cities and have previously had limited access to financial institutions
We’re still in the very early stages of our story (we’ve raised our Series A recently), but we know for a fact that the mission won’t stop until everyone in MENA has an equal opportunity to generate and grow their wealth.
The journey ahead will be long and painful - it’s not everyday that you solve a core societal necessity while changing cultural norms - But the reward will be priceless.
We are seeking an individual to lead our risk, fraud, and compliance initiatives from a product perspective. This role will initially report to the head of product.
You are expected to be able to evaluate opportunities and prioritize the use of the company’s resources to deliver a positive business outcome, while noting that at Thndr, we pride ourselves on our unique approach to financial services, diverging from traditional institutions in our innovative methods. As a result, we often navigate uncharted territories not fully covered by local regulations. In this role, you will be challenged to adopt a broad perspective, recognizing the intrinsic value of existing regulations while creatively translating their principles to unlock comparable or superior value.
Expect to collaborate closely with our regulatory teams in a mutually beneficial partnership. Your proactive and responsive efforts will directly influence their functions. Conversely, drawing from their expertise in local regulations and relationships, you'll refine your post-launch engagement strategies, shaping your prioritization framework for maximum effectiveness.
Analyze user behavior, transaction patterns and industry trends to identify potential risks and vulnerabilities for the purposes of designing automations
Collaborate with cross-functional teams to design and implement effective risk management solutions
Monitor key metrics related to risk, fraud, and compliance and take proactive measures to address emerging threats
Stay updated on regulatory requirements and industry best practices, ensuring compliance with relevant laws and standards
Implement detection systems and tools to address suspicious activity
Embrace an iterative approach to product development by continually testing, learning, and iterating based on data-driven insights
Set the strategic direction of your product branch which aligns with user needs, business growth and overall technology strategy
Own and drive the whole product lifecycle from problem identification, design, development, launch and assessment
Define product requirements and roadmaps including things as time, cost, impact and priority
Work cross-functionally with the Engineering, Design, Operations and our regulatory teams
Drive scalable processes and innovation around the product development cycle
Own your designated KPIs and set ambitious, yet realistic targets
Always solve for the simplest and fastest solution to any given issue/opportunity
Successfully balance between the long term goals and quick wins
Collaborate across teams to communicate product strategies with internal stakeholders and adjust priorities according to feedback
Participate in the design of a secure product
Experience working in product roles
Drive to create groundbreaking products and create exponential success as part of a high performing team
Experience interpreting regulatory needs
Ability to manage multiple projects and priorities simultaneously in as fast-paced environment
Data-driven method for decision making using KPIs and metrics
High agency
Strong sense of ownership and responsibility
Uncompromising integrity and strong dedication to professionalism
Conscientiously follows through on commitments with the ability embed this behavior team-wide
At Thndr, we’re looking for people invigorated by our mission, not just those who simply check off all the boxes. We’re looking for people that are hungry to become agents of change and that understand the huge responsibility associated with dealing with people’s money