Head of Advisory📣 Job Ad

About Moomoo Arabia Capital and the Role

Moomoo Arabia Capital, a part of FUTU Group, is a global digital brokerage and wealth management platform. As the company expands its presence in the Kingdom of Saudi Arabia, it is establishing a local team in Riyadh to deliver advisory services to clients. This full-time position for a Head of Advisory is a foundational hire, reporting directly to the CEO.

Role Purpose and Scope

The Head of Advisory is responsible for leading, designing, and scaling the organization's licensed advisory business line within Riyadh. This role involves structuring client portfolio frameworks, overseeing suitability models, and building a high-performing advisory team. The position directs the overall advisory function, ensuring full compliance with market conduct and client protection rules.

Advisory Governance and Suitability Responsibilities

• Design and oversee client risk-profiling and suitability assessment frameworks prior to issuing any advice.
• Structure diversified asset allocation strategies and model portfolios, ensuring all guidance aligns with client risk boundaries.
• Review and approve all advisory disclosure statements, fee structures, and conflict-of-interest logs.
• Partner with Compliance and Risk teams to maintain a zero-breach environment across all advisory activities.

Business Growth and Team Development

• Recruit, train, and manage a lean team of certified investment advisors as the business expands.
• Collaborate with regional product teams to localize the application's advisory, wealth tools, and market insight features for Saudi users.
• Manage relationships with premium and High-Net-Worth (HNW) platform investors, providing macro market insights.
• Act as the technical point of contact for the advisory business line during routine CMA inspections and audits.

Required Qualifications and Experience

• 5-10 years of professional experience.
• Prior experience at an asset management firm, wealth management platform, or investment bank (institutional coverage) is strongly preferred.
• Demonstrated working knowledge of advisory policies, procedures, KYC, suitability frameworks, and internal controls.
• Must meet the Capital Market Authority (CMA)'s fit-and-proper requirements.

Preferred Skills and Attributes

• Deep structural understanding of local and international investment markets.
• Prior experience or strong comfort working within an app-based brokerage or advisory environment, demonstrating a fintech mindset.