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Head of Asset Management & Managing Director

FlapKap
Riyadh, KSA
Full-time
Senior · 10+ years experience
Hybrid
Discovered Today

Full Job Posting

What is FlapKap ?

FlapKap is establishing a private direct financing fund in the Kingdom of Saudi Arabia, to be regulated by the Capital Market Authority (CMA). The fund will give Saudi SMEs flexible, growth-focused financing. It supports the Kingdom’s Vision 2030 goal of strengthening the SME sector and widening access to finance.

Why FlapKap?

FlapKap is a fast, smart, collaborative and first of a kind startup that aims to disrupt the financial industry in the MENA region. We are backed by QED, BECO Capital, A15, Outliers, and Nclude with a total financing of over $40m USD. FlapKap offers a safe environment with a welcoming atmosphere to creativity and innovation. Everyday there are new challenges and significant achievements that make everyone charged, excited and proud to belong.

What is this role?

We are looking for a senior leader to build and lead the fund from day one as its Head of Asset Management and Managing Director.

What you will do

Lead the fund post establishment working with legal, compliance and our group leadership

Tailor the fund’s investment strategy, credit policy and risk framework for SME direct financing within Saudi market

Raise capital and manage relationships with institutional investors, family offices and strategic partners in the Kingdom

Oversee portfolio origination, underwriting, monitoring and collections

Represent the fund before the CMA, the board, investors and other stakeholders

Ensure full compliance with CMA Investment Funds Regulations and the fund’s governance framework

Why join us

This is a rare chance to build a CMA-regulated fund from the ground up. You will be backed by FlapKap’s technology, data-driven underwriting and experience in SME financing across the region, and you will help shape SME access to finance in the Kingdom.

The fund is currently under establishment, subject to the approval of the Capital Market Authority.

Requirements

  • At least 10 years of experience in asset management, private credit, direct lending, SME banking or investment banking, with significant experience in the Saudi market
  • A proven record of leading teams and managing investment portfolios or funds
  • Strong knowledge of the Saudi regulatory environment and CMA regulations
  • CMA qualification certificates, or eligibility to be registered as a CMA-registered person in a senior role, are strongly preferred
  • Established relationships with Saudi investors, banks and financial institutions
  • A bachelor’s degree in finance, economics or a related field; CFA, an MBA or an equivalent qualification is a plus
  • Fluency in Arabic and English

Benefits

  • Fast career growth in a high-growth fintech company.
  • Ongoing learning and professional development.
  • A collaborative, high-performance culture where your ideas matter.
  • The opportunity to make a real impact from day one.

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