56 Banking Intern jobs in Saudi Arabia

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 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.

Role Overview:
We are seeking an experienced Solution Architect with strong experience in technology consulting and core banking transformation . You will design and implement scalable, secure, and cost-effective digital solutions for financial services clients.

Key Responsibilities:

Lead design and validation of solution architectures (cloud, on-prem, hybrid).

Define target architectures for core banking, payments, channels, and integration platforms.

Collaborate with clients and stakeholders to translate business requirements into technical solutions.

Support delivery teams to ensure architectural integrity during implementation.

Prepare RFP/RFI responses and deliver technical presentations for diverse audiences.

Requirements:

7+ years in technology consulting, with 3+ years in solution architecture.

Proven core banking transformation experience (mandatory).

Strong knowledge of Java Spring Boot ; ability to analyze C# or Java code.

Experience with enterprise architecture, cloud-native, microservices, and integration patterns.

Excellent communication skills for both technical and business stakeholders.

Banking, fintech, or financial services experience preferred.

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Company Description

Wise is a global technology company, building the best way to move and manage the world’s money.

Min fees. Max ease. Full speed.

Whether people and businesses are sending money to another country, spending abroad, or making and receiving international payments, Wise is on a mission to make their lives easier and save them money.

As part of our team, you will be helping us create an entirely new network for the world's money.

For everyone, everywhere.

More about our mission and what we offer .

Job Description

Our banking relationships determine the quality of our product and a large part of its economics. And our relationships with regulators, governments and payment systems are crucial too. So, we’re on the hunt for an executor with a brilliant mind and strong communication skills to expand our product offering in Saudi Arabia.

This is a unique and exciting opportunity to play a pioneering role to grow Wise in one of our key markets, allowing millions more potential customers to save money by using our services. You will have full responsibility for overseeing our local operations, defining our market expansion strategy and executing on it, and being the face of Wise in Saudi Arabia.

What will you be doing?

Working with the Product teams (Product Managers, Analysts and Engineers), you will help define the opportunities for our products in Saudi Arabia and in other markets in the Gulf, and will help build better products and experiences for our customers. You will collaborate across teams and inspire others so that we deliver the best solution. Your contribution will mainly be from the payments infrastructure, regulatory and operational banking partnerships point of view.

Your mission :

To own and expand Wise’s regulatory presence in the region.

Identify the most appropriate way to grow Wise in Saudi Arabia, and in other countries in the region. You will manage the entire licensing process for Wise’s entry into Saudi Arabia and will : understand the regulations, prepare, coordinate and submit the application, and get the regulatory buy-in as well as support the fulfillment of any other local requirements for the licence applications.

Identify opportunities to offer the best product in the market taking advantage of our existing and future authorizations.

Understand existing and new regulations and figure out the best ways our product can comply with them. You will translate regulatory requirements into product implementations together with our Compliance teams. You will be one of the product team’s go-to people for regulatory knowledge. We see regulation as an opportunity!

Contribute to defining the opportunities and direction for our products in Saudi Arabia. Collaborate across teams and inspire others so that we deliver the best solution.

Work closely with product teams (Product Managers and Product Engineers) to develop our vision and build better products and experiences for our customers. Your contribution will mainly be from the payments infrastructure, regulatory and operational banking partnerships point of view.

Work with our global teams (Product, Finance, Treasury, etc.) to ensure our customers and products are at the centre of our mission.

To build new relationships with relevant financial institutions :

Open new relationships with relevant financial institutions (i.e. banks, payment processors, cards issuers, processors, etc.). You will manage the process end-to-end : find the right potential partners, pitch Wise as a client, negotiate the commercial agreements and contracts, complete account opening forms, explain our compliance processes, pass due diligence, and do anything else needed to be ready for development.

Take ownership of improving existing relationships with transactional banking partners and other financial institutions. You will :

Lead commercial and relationship discussions with partners and monitor our economics to ensure we offer the most sustainable and competitive service in the market.

Create new opportunities within existing relationships with financial institutions in Saudi Arabia and in the Gulf to ensure we continuously improve our product (i.e. increase speed, reduce costs, add more visibility to our transactions, etc.).

Qualifications

Able to independently negotiate the most ideal terms with a clear product vision and understanding in mind and you can figure out the ideal operational and commercial process with every new partner.

Excellent at managing financial regulatory relationships, constantly creating opportunities to improve them.

Able to get stuff done. Not afraid to get hands dirty to deliver what is needed - we’re a fast growing company and you will need an entrepreneurial mindset to thrive.

Deep understanding of how financial, payments and FX regulators work and the different decision makers that need to be taken into account to make things happen.

Understand financial, payments and FX regulation in a changing regulatory environment and have an interest in AML / KYC and risk controls.

Familiar with different financial licensing frameworks and requirements in Saudi Arabia, including payments institutions, FX brokers, and securities brokers.

Familiar with how corporate banks and financial institutions work and their decision makers. You’re excellent at managing those relationships and are constantly creating opportunities to improve them.

You are fluent in Arabic and English.

Happy to work independently and flexibly within a fast-moving environment.

Passionate about transforming the financial industry for good.

It would be ideal, but not essential if you :

Have strong relationships and experience with regulators in Saudi Arabia, especially SAMA.

Understand financial regulation in the broader Gulf region, or have experience working with financial regulators.

Have experience in obtaining licenses in the Gulf.

Understands payments infrastructure in the region and is well-versed in the nuances of the FX market in the Gulf.

Additional Information

For everyone, everywhere. We're people building money without borders — without judgement or prejudice, too. We believe teams are strongest when they are diverse, equitable and inclusive.

We're proud to have a truly international team, and we celebrate our differences.

Inclusive teams help us live our values and make sure every Wiser feels respected, empowered to contribute towards our mission and able to progress in their careers.

If you want to find out more about what it's like to work at Wise visitWise.Jobs.

Keep up to date with life at Wise by following us onLinkedInandInstagram.

Description

It’s about caring for the generations ahead.

Are you a customer experience champion? Someone who enjoys seeking out and fostering long-standing relationships with affluent market clients, supporting moderately complex financial circumstances, and providing exceptional personal financial advice?

At Frost, it’s about more than a job. It’s about having a flourishing career where you can thrive, both in and out of work. At Frost, we’re committed to fostering an environment that reflects our values and encourages team members to be the best they can be. In joining our adaptable, integrity-driven team, you’ll become part of Frost’s over 150-year legacy of providing unparalleled banking services.

Who you are :

As a Private Banking Officer II , you will help customers manage their financial lives. Often, our private bankers are a helping hand to families for generations and continue to share their love and knowledge of finance with them. They do so by collaborating with other Frost lines of business, especially investments, insurance, and the customer’s other advisors, like attorneys and CPAs, to build a team around the customer. They work with a team to develop tailored plans based on customers’ needs and goals.

What you’ll do :

Develop, manage, retain and expand client relationships within the affluent to high net worth markets (clients with $1.5-5 million in investable assets)

Generate a minimum of $4.5 million in new business per quarter and secure at least 10 new affluent client relationships annually

Actively make sales calls to clients and prospects. Engage in pre-call / post-call planning and strategy review

Monitor and manage client’s existing credit relationships by reviewing current loan portfolio on a regular basis

Identify and recommend products and services best suited to meet clients’ needs

Develop and maintain excellent working relationship with credit underwriting team

Participate in community and professional activities in order to enhance Frost’s image and expand personal network of business contacts

Develop, maintain, and enhance relationships with individuals whose circles of influence include potential new clients

Provide leadership within the private banking team, while remaining a team player

Accept special project assignments in support of the private banking group

What you’ll need :

Bachelor’s degree or equivalent work experience

5+ years of experience in financial industry

Working knowledge of financial analysis relating to personal financial statements and personal income tax returns

NMLS license; the ability to transfer license to Frost or obtain license within 60 days

Comprehensive understanding of lending practices and loan servicing requirements for personal finance needs

Specialized knowledge of client benefits offered by Frost’s brokerage, investment management, trust, and insurance groups

Ability to perform with limited supervision

Experience in managing a portfolio of affluent and high net worth clients

Demonstrated capacity to sell products and services within the financial services industry

Proven record of success in cultivating new relationships

Outstanding interpersonal, calling, sales, and negotiation skills

Excellent verbal, written, communication, organizational, and customer service skills

Proficient in Microsoft computer applications

Additional Preferred Skills :

Series 7, 63, & Group 1 Insurance license (or attainment within 6 months).

Property and Casualty Insurance license

Certified Financial Planner designation

Certified Wealth Strategist designation

Completion of formal credit training

Our Benefits :

At Frost, we care about your health, your family, and your future and strive to have our benefits reflect that. This includes :

Medical, dental, vision, long-term disability, and life insurance

401(k) matching

Generous holiday and paid time off schedule

Tuition reimbursement

Extensive health and wellness programs, including our Employee Assistance Program

Referral bonus program + more!

About the job Business Analyst-Banking Operations

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

Job Summary:

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.

Key Responsibilities:

1. 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.

2. 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.

3. 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.

4. Data Analysis and Reporting:

- Conduct data analysis on banking-related metrics and create reports to support business decision-making.

5. 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.

6. 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.

Qualifications and Experience:

- 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.

Technical Skills:

- 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.

• Gather, analyze, and document business requirements from internal stakeholders and translate them into functional specifications.
• Act as a liaison between business units and IT teams to ensure alignment on project goals and deliverables.
• Conduct gap analysis, process mapping, and impact assessments for new initiatives or changes in banking systems.
• Develop BRDs (Business Requirements Documents), FSDs (Functional Specification Documents), and user stories.
• Support project lifecycle activities including UAT planning, test case development, defect tracking, and issue resolution.
• Collaborate with Product Owners, Solution Architects, and QA teams in Agile or Waterfall environments.
• Assist in the implementation of digital banking platforms (e.g., mobile apps, internet banking), core banking systems, or regulatory compliance solutions.
• Monitor key performance indicators (KPIs) and provide post-implementation support and analysis
  
  

• Bachelor's degree in Business Administration, Finance, Information Systems, or related field.
• 3+ years of experience as a Business Analyst in the banking or financial services industry.
• Strong knowledge of banking products and operations (e.g., retail banking, loans, payments, compliance).
• Hands-on experience with requirement gathering techniques, documentation standards, and business process modeling.
• Familiarity with core banking systems (e.g., Temenos, Flexcube, Finacle) or digital banking platforms.
• Experience with Agile methodologies (Scrum, Kanban) and tools like JIRA, Confluence, or similar.
• Excellent communication, stakeholder management, and analytical skills.
• Strong understanding of regulatory and compliance frameworks (e.g., KYC, AML, Basel, etc.) is a plus

Position: - Sales Manager -Banking and Financial Services.

Nature of work: - The individual is responsible for managing business with banks and financial institutions in the KSA region.

Qualification and Experience: -

• MBA and/ or engineer with specialization in marketing from an institute of repute.
• 6-8 years of software solutions sales experience in BFS vertical handling KSA customers and should be based out of Saudi Arabia.

Skill Set Required: -

• Strong track record of selling high value-based software solutions.
• Good understanding of BFS software solutions.
• Proven track record of consistent high performance and new business acquisition
• Ability to forecast future sales trends and devise future sales strategies for the same.
• Strong account management and business acumen.
• Having excellent relationships at CXO level of Banks/Non-Banking Financial institutions.

Key Responsibilities

• Revenue Generation from New Accounts
• Participate in Business Plan and execute the strategy to expand customer base in BFS vertical in KSA
• Constantly Qualify and build new opportunities / prospects
• Accurately forecast and execute Booking,Billing and Collection figures
• Positioning of Company’s products and solutions
• Building and maintaining healthy business relations with major customers, ensuring maximum customer satisfaction.
• Responsible for creating a compelling value proposition in BFS segment.
• Competition Analysis by keeping abreast of Market Trends achieving market share metrics.

Reporting to : Vice President -Sales (Middle East)

• Seniority level Mid-Senior level

• Employment type Full-time

• Job function Sales and Business Development
• Industries Software Development and Information Services

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