What's 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, in support of Vision 2030.

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 an Asset Management Associate to join the founding team and work closely with the Head of Asset Management.

What you will do

Support SME deal origination, credit analysis, due diligence and underwriting
Build financial models and prepare investment committee papers
Monitor portfolio performance, covenants and risk indicators
Help set up the fund’s policies, procedures and operating processes during establishment
Coordinate with legal, compliance, the fund administrator, the custodian and auditors

Why join us?

You will be part of the founding team of a new CMA-regulated fund, with real exposure to the full investment cycle and room to grow as the fund scales.

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

Requirements

5–7 years of experience in asset management, private credit, SME or corporate banking,Credit analysis or investment banking
Strong financial modelling, credit analysis and reporting skills
Good understanding of CMA regulations and the Saudi financial services market
CMA qualification certificates (such as CME-1) are a plus
A bachelor’s degree in finance, accounting, economics or a related field; CFA (or progress toward it) is a plus
Fluency in Arabic and English
An entrepreneurial, hands-on approach suited to a fund being built from the ground up

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.