53 Banking Analyst jobs in Saudi Arabia

Job Description:

Location: KSA (Onsite)
Contract: 6 months (extendable)

Our client is seeking an experienced Business Analyst to join their team in the banking sector. The successful candidate will be responsible for identifying, analyzing, and documenting business requirements within the banking environment to support project goals. This role will bridge the gap between business and IT teams, ensuring alignment with regulatory standards, and drive process optimization, digital transformation, and regulatory compliance within banking operations.

• Requirement Gathering and Analysis:
  • Collaborate with business units and IT teams to gather, analyze, and document functional and technical requirements for banking products and services.
  • Translate requirements related to banking functions (e.g., loan processing, payments) into technical specifications.
  • Create data models, flowcharts, and process diagrams to communicate findings.
  • Conduct feasibility studies and cost-benefit analysis for proposed projects.
  • Assist in project management activities, including planning, monitoring, and reporting.
• Process Improvement and Compliance:
  • Analyze and optimize banking processes, ensuring alignment with regulatory requirements (e.g., AML, KYC).
  • Recommend workflow improvements to enhance efficiency in areas like risk management and customer service.
• Solution Design and Implementation Support:
  • Partner with IT and project teams to design, test, and implement banking solutions.
  • Develop and maintain documentation, including functional specifications and user guides.
• Data Analysis and Reporting:
  • Conduct data analysis on banking-related metrics and create reports to support business decision-making.
• Stakeholder Engagement and Communication:
  • Act as the main liaison between business stakeholders and technical teams, managing expectations.
  • Conduct workshops, provide updates, and ensure alignment across teams on banking-specific projects.
• Testing and Quality Assurance Support:
  • Support UAT (User Acceptance Testing) by developing test cases tailored to banking systems.
  • Collaborate with QA teams to identify and resolve issues, ensuring compliance and system functionality.

• Educational Background: Bachelor's degree in Business, Finance, IT, or a related field.
• Experience: 5-7 years of experience as a Business Analyst in the banking or financial services sector.
• Familiarity: Banking products and regulatory standards, including AML and KYC compliance.
• Certifications: Preferred certifications include CBAP, PMP, PBA, or banking-specific certifications.

• Proficiency with core banking platforms (e.g., Temenos, Oracle Flexcube) and data analysis tools (e.g., SQL, Power BI).
• Knowledge of digital banking transformation, core banking systems, and compliance protocols.
• Understanding of Agile methodologies and SDLC, as applied in the banking sector.

• Operations
• Business

Arthur Lawrence is urgently looking for a Business Analyst – Banking domain for a client in Riyadh, Saudi Arabia. Kindly review the job requirements below. Your immediate application will enable us to place you successfully.

Must-Have:

• 8+ years of solid experience as a Business Analyst within the banking domain
• Proven ability to gather, analyze, and interpret data from various sources to provide valuable insights
• Strong interpersonal skills and the ability to effectively collaborate with clients, stakeholders, & team members
• Proficiency in creating comprehensive and accurate documentation, including test cases & system enhancements
• Understanding of current trends and technological advancements in IT automation

Nice to Have

• Bachelor's degree in IT, Computer Science, or any related field

About Us:

Arthur Lawrence is a management and technology consulting firm providing enterprise-wide business transformation and business applications implementation services. Our in-depth technical knowledge and broad experience of working with world-class companies enables organizations to leverage our capabilities in developing winning strategies and cost-effective solutions.

We are an UN Women Empowerment Principal Signatory and are certified from National Minority Supplier Development Council.

Acknowledgements from Industry Peers:

• Winner of Entrepreneur 360 Award (2019).
• IAOP Award; Ranked in top 100 internationally.
• Arthur Lawrence ranked within the Inc 5000 twice in 2016 and 2017 as one of the fastest growing companies of America.
• Named one of the top ten fastest growing businesses in Houston in 2016.
• Ranked 25th in the HBJ's Fast 100 Private Companies Award in 2017.

Our Seven Pillars:

We rely on the seven core values that we believe enable us to deliver quality for our consultants and clients: Education, Integrity, Value Creation, Collaboration, Best Client, Best People and Stewardship. Through strict adherence to these core values, we have achieved success beyond all documented forecasts and anticipation.

You will work at McKinsey & Company, Saudi Arabia as part of the Panorama Financial Institutions Insights and consulting (PFIC) team. PFIC is one of the largest knowledge capabilities and Insights teams globally and part of the Banking & Insurance practice, with 250+ members across 25+ locations, focusing across financial services domains, e.g., retail banking, corporate and investment banking, FIG PE, Asset Management, Fintech, Payments, and Insurance.

There is flexibility to hire at the Analyst or Senior Analyst level, depending on the candidate’s experience.

Typically, the primary job responsibilities fall into these categories:

1. Staffing on client engagements as a knowledge professional either remotely or at client site to solve FIG client’s business problems;
2. Analyzing and synthesizing information on financial service companies as well as the industry;
3. Developing expertise over time in a particular FIG industry sub-topic or function;
4. Developing knowledge innovation and proprietary FIG assets;
5. Collaborating with the global client capability network to deliver knowledge and share best practices.

You will be expected to possess and build a good understanding of industry trends/issues. You will work directly with fellow colleagues, consultants, and clients on analysis that requires in-depth market and domain understanding, financial modeling, and client-ready presentation material. Sr. analyst or Analyst designation for the right candidate would depend on relevant prior experience, skillset, and qualifications.

• PG/MBA in commerce, finance, business studies, operations, or economics;
• Work experience of 2+ years in consulting firms, PE, or Equity research; Fintech; digital transformation knowledge or experience will be an added advantage;
• Strong understanding of financial statements and general business concepts;
• Strong written and verbal communication skills (in English and Arabic);
• Superior problem-solving, analytical, and quantitative skills;
• Professional attitude and service orientation;
• Ability to work independently as well as in a team;
• Willing to work in a demanding and result-oriented team environment;
• Candidates for this role should be entrepreneurial and self-starters who enjoy the challenges and rewards of research work in a dynamic and changing environment.

There is flexibility to hire at the Senior Analyst level, depending on the candidate’s experience.

You will work at McKinsey & Company, Saudi Arabia, as part of the Panorama Financial Institutions Insights and Consulting (PFIC) team. PFIC is one of the largest knowledge capabilities and insights teams globally and is part of the Banking & Insurance practice, with 250+ members across 25+ locations, focusing on financial services domains, e.g., retail banking, corporate and investment banking, FIG PE, Asset Management, Fintech, Payments, and Insurance. There is flexibility to hire at the Analyst or Senior Analyst level, depending on candidate’s experience.

Your impact within our firm

Typically, the primary job responsibilities fall into these categories:

1. Staffing on client engagements as a knowledge professional either remotely or at client site to solve FIG client’s business problems;
2. Analyzing and synthesizing information on financial service companies as well as the industry;
3. Developing expertise over time in a particular FIG industry sub-topic or function;
4. Developing knowledge innovation and proprietary FIG assets;
5. Collaborating with the global client capability network to deliver knowledge and share best practices.

Your qualifications and skills

1. PG/MBA in commerce, finance, business studies, operations, or economics;
2. Work experience of 2+ years in consulting firms, PE or Equity research; Fintech; digital transformation knowledge or experience will be an added advantage;
3. Strong understanding of financial statements and general business concepts;
4. Strong written and verbal communication skills (in English and Arabic);
5. Superior problem-solving, analytical, and quantitative skills;
6. Professional attitude and service orientation;
7. Ability to work independently as well as in a team;
8. Willing to work in a demanding and result-oriented team environment;
9. Candidates for this role should be entrepreneurial and self-starters who enjoy the challenges and rewards of research work in a dynamic and changing environment.

2026 | EMEA | Riyadh | Investment Banking, Classic | New Analyst

About the program

Our New Analyst Program is a full-time program for final year undergraduate and graduate students. As a new analyst, you will learn about our businesses, develop important relationships, and build career-enhancing skills.

As a participant, you will:

• Learn about the firm and how we do business
• Gain the skills and knowledge necessary to support our businesses
• Have unlimited access to the training and guidance to help you prepare for the next level
• Build your professional network and interact with colleagues across the firm
• Each applicant has the opportunity to apply to up to 4 separate business / location combinations in any given recruiting year. Any additional application will be auto withdrawn. In order to apply to an additional opportunity, you must withdraw a current application that has not been turned down.
• A single applicant should not create multiple email addresses to apply to additional opportunities

Our Investment Banking teams deliver high-quality strategic advice and creative financing solutions to our clients, including mergers and acquisitions, financing, and risk management transactions.

We pride ourselves in our resourcefulness and work on a variety of initiatives. On any given day, our work could include advising a company on a cross-border merger, structuring the initial public offering of a subsidiary, refinancing an outstanding bond and more.

As a division, our strategic objectives include:

• To be the world’s preeminent investment bank – trusted advisor, financier and risk manager for our clients on their most important transactions
• Build long-term relationships with clients and bring them world-class execution by “delivering the firm” over time
• Be the employer of choice for all career levels by providing a highly dynamic, meritocratic, diverse and rewarding workplace

• Job Category: Analyst
• Areas of the Firm: Global Banking & Markets

We believe who you are makes you better at what you do. We are committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has opportunities to grow professionally and personally.

We offer competitive vacation policies based on employee level and office location. We promote time off from work to recharge by providing generous vacation entitlements and a minimum of three weeks expected vacation usage each year.

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Read more about the full suite of class-leading benefits our firm has to offer.

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This position is a seconded position to the Royal Commission Crisis and Disaster Management Department. The role will be dependent on the need of the Royal Commission into the future.

The person appointed will work within the Crisis & Disaster Management Department (CDMD).

• The role is to provide technical Risk Management (RM) expertise, advice and guidance to the Royal Commission RM Section.
• The purpose of the Section is to implement a RM strategy and structure across Royal Commission Jubail (RCJ) and Royal Commission Ras-Al-Khair (RC RIC).
• Within that role the following tasks will be expected to be delivered:
• Oversee the coordination and development of organization wide risk management plans.
• Provide detailed advice on risk management best practice to the whole organization from Departments to the C-Suite.
• Lead in the implementation of a Risk management system across 2 major organisations.
• Developing risk management frameworks. Review and enhance existing risk management systems, ensuring compliance with local and national regulatory requirements.
• Tracking metrics: Define and report on key risk indicators and performance measures to highlight emerging issues and trends.
• Engaging stakeholders: Act as a trusted advisor, providing training and fostering accountability across teams.
• Assist in obtaining ISO 31000 certification for RCJ. Assist in maintaining ISO 31000 certification for RC RIC.
• Develop and deliver training materials and presentations to internal and external groups.
• Reporting capability: Demonstrated experience creating tools, frameworks, and dashboards.
• Leads risk mitigation and response protocols according to the latest trends and best practices if faced with a crisis.
• Engages in continuous personal learning and development that enhances individual performance and organization capabilities.

• Bachelor’s degree in business or related field with 10-13 of relevant experience or 14-17 years of relevant work experience.
• Experience in operational Risk Management essential. Ideally in the context of a large diverse organization.
• Extensive knowledge across the following resilience fields: Business Continuity and Crisis Management.
• Experience in planning and program management.
• Skill in oral and written communication. Fluency in English Language mandatory.
• Ability to provide strong, active leadership to adopt and enforce a consistent approach that nurtures a culture of quality, creativity, innovation and empowerment.
• Emotionally mature and intelligent with ability to train, coach and develop direct reports, peers and colleagues.
• Able to work in a culturally diverse environment.

• Knowledge of industry/ regulatory codes and standards.
• Experience with risk assessment and risk management. Ability to manage a large number of Risk Registers.
• Familiarity with ISO 31000 certification process.
• Familiarity with emergency evacuation and shelter plans, crisis communications procedures and business continuity management.
• Experience working in KSA or Middle East, preferable.
• Successful implementation of mentoring programs for young career minded professional.
• Hands-on approach, solution and delivery oriented.

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably. Click here to learn more about the people who power our legacy.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal, state or local law. Applicants with a disability, who require a reasonable accommodation for any part of the application or hiring process, may e-mail their request to

Department:
Risk Management

Employment Type:
Full Time

Location:
KSA

Reporting To:
Ahmed Almughriyah

Description
About the role:

The
Risk Management Analyst
will support the Risk Manager in developing, implementing, and maintaining effective risk management strategies that protect the organization from potential threats and vulnerabilities. This role requires a detail-oriented and analytical thinker who can conduct risk assessments, assist in compliance monitoring, and support business continuity planning.

The Risk Management Analyst will work closely with various departments to gather risk-related information, provide insights for decision-making, and ensure alignment with regulatory requirements and organizational goals. The ideal candidate will have experience in risk management processes, data analysis, and reporting, contributing to the continuous improvement of the organization's risk management practices.

Key Responsibilities

• Assist in Risk Management Processes
• Support the Risk Manager in identifying, assessing, and mitigating risks across the organization.
• Assist in the development and implementation of risk management strategies and frameworks.
• Conduct Risk Assessments
• Perform risk assessments to evaluate potential risks and vulnerabilities.
• Assist in developing risk mitigation plans and strategies.
• Compliance Monitoring
• Ensure compliance with relevant regulations and industry standards.
• Assist in preparing compliance reports and maintaining documentation for audits.
• Data Analysis and Reporting
• Analyze risk data and generate reports to support decision-making processes.
• Monitor key risk indicators and prepare regular reports for senior management.
• Support Business Continuity Planning
• Assist in the development and maintenance of Business Continuity Plans (BCPs) and Disaster Recovery Plans (DRPs).
• Participate in BCP and DRP testing and updates.
• Collaboration and Communication
• Collaborate with various departments to gather risk-related information and ensure alignment on risk management objectives.
• Communicate risk findings and recommendations to relevant stakeholders.
• Continuous Improvement
• Contribute to the continuous improvement of risk management processes and practices.
• Stay updated on emerging risks and industry trends to provide timely insights.

Skills, Knowledge & Expertise

• At least 3 years of experience in risk management or a related field.
• Experience in conducting risk assessments and developing risk mitigation strategies.

Skills And Competencies

• Strong analytical skills with the ability to interpret complex data.
• Excellent communication and interpersonal skills.
• Proficiency in risk management tools and software.
• Ability to work collaboratively in a team-oriented environment.
• Detail-oriented with strong organizational skills.

Technical Expertise

• Familiarity with risk management frameworks such as ISO 31000 or COSO ERM.
• Understanding of compliance requirements and industry regulations.

Job Benefits

We are seeking an experience
Legal GRC Risk Supervisor
that he will be a key member of the GRC team, responsible for overseeing the organization's
enterprise risk management (ERM)
program. This role involves the proactive
identification, assessment, and mitigation
of risks across all business units. The supervisor will lead a team of risk analysts, conduct in-depth risk analyses, and prepare comprehensive reports for management to support strategic decision-making and ensure the organization's resilience.

Key Responsibilities

• Risk Identification & Assessment:
  Supervise the process of identifying potential risks, including operational, financial, strategic, and reputational threats. Conduct quantitative and qualitative risk assessments to determine the probability and potential impact of identified risks.
• Risk Mitigation & Monitoring:
  Develop and implement effective
  risk mitigation strategies
  and internal controls to reduce exposure. Track and monitor the status of key risks and the effectiveness of control measures.
• Risk Reporting & Communication:
  Maintain and manage the corporate
  risk register
  , ensuring all information is accurate and up-to-date. Prepare and present regular risk reports to senior management, highlighting top risks and trends.
• Team Leadership:
  Lead, mentor, and provide guidance to a team of risk analysts. Assign tasks, manage project timelines, and ensure the team meets its objectives efficiently.

Qualifications and Skills

• Education:
  Bachelor's degree in a relevant field such as Business, Law, Finance, or a related discipline.
• Experience:
  Proven experience in a risk management, GRC, or internal audit role. Prior experience in a
  supervisory or leadership position
  is essential.
• Skills & Competencies:
  Strong analytical and problem-solving skills, with a deep understanding of
  risk management principles
  and methodologies (e.g., ISO 31000, COSO ERM).
• Certifications (Preferred):
  CRISC (Certified in Risk and Information Systems Control) or FRM (Financial Risk Manager).
• 5+ years of experience in Governance, Corporate Affairs, or Legal/Compliance.
• Strong knowledge of governance codes, corporate laws, and regulatory frameworks.
• Experience supporting Boards, Committees, or corporate secretarial functions.
• Excellent communication, drafting, and organizational skills.
• Bilingual (Arabic & English) preferred in GCC context.