145 Banking Professionals jobs in Saudi Arabia

Position Title: Investment Banking Officer

Department: Investment Banking

Reporting to: Head of Investment Banking

Registrable with CMA: Yes

Position Objective

The Investment Banking Officer supports the execution of strategic transactions, client relationship management, and market analysis within the Investment Banking Division. This role is crucial in assisting senior bankers in deal structuring, financial modeling, and regulatory compliance, contributing to the division's overall success.

Key Responsibilities

Transaction Execution & Support

Assist in the execution of mergers, acquisitions, capital raising, and other investment banking transactions.

Prepare financial models, valuation analyses, and pitch books.

Support due diligence processes and coordinate with internal and external stakeholders.

Client Engagement

Participate in client meetings and contribute to the preparation of presentations and proposals.

Maintain strong working relationships with clients and ensure timely communication and service delivery.

Market & Industry Research

Conduct market research and industry analysis to identify trends and opportunities.

Monitor financial markets and provide insights to support strategic decision-making.

Regulatory Compliance & Risk Management

Ensure compliance with CMA regulations and internal policies.

Assist in preparing documentation required for regulatory submissions and approvals.

Team Collaboration

Work closely with senior bankers and cross-functional teams to ensure smooth transaction execution.

Contribute to a collaborative and high-performance team culture.

Job Specification

Qualifications

Bachelor's degree in Finance, Economics, Business Administration, or a related field.

MBA or relevant postgraduate studies are a plus.

Certifications

CME-1 and CME-4 certified

Additional certifications in investment banking or financial analysis are advantageous.

Experience

5–8 years of experience in investment banking or corporate finance.

Proven experience in financial modeling, transaction support, and client interaction.

Competencies

Strong analytical and quantitative skills.

Excellent communication and presentation abilities.

High attention to detail and ability to work under pressure.

Team-oriented with a proactive and professional attitude.

T24 Core Banking — L2 IMS Engineer (Banking)

**Role Summary:** Responsible for L2-level delivery, operations, and governance for T24 Core Banking in a mission-critical banking environment, ensuring availability, performance, security, compliance, and audit readiness.

**Strategic / Leadership Responsibilities:**

• Plan architecture upgrades and capacity expansion for T24 systems.

• Define operational standards, maintenance schedules, and DR/BCP strategies for T24.

• Lead major incident recovery efforts and coordinate across technology teams.

• Collaborate with business stakeholders to align T24 capabilities with banking needs.

**Technical / Operational Responsibilities:**

• Administer T24 core banking environments across production, DR, and test systems.

• Manage application servers, middleware, and database integrations supporting T24.

• Troubleshoot incidents, perform root cause analysis, and implement permanent fixes.

• Coordinate with Temenos and vendors for patching, upgrades, and new feature deployments.

• Ensure application and data security compliance with PCI DSS, SWIFT, and local regulations.

**Required Tools & Technologies:**

• Temenos T24 administration tools

• Unix/Linux system administration utilities

• Database tools for Oracle/DB2 integrated with T24

• ITSM systems such as ServiceNow or BMC Remedy

**Relevant Certifications:**

• Temenos T24 Core Banking Certified Professional

• Oracle or IBM DB2 Database certifications

• ITIL Foundation

**Experience Requirements:**

• **Total:** 6-8 years

• **Relevant:** 4-6 years in T24 administration/support

**Soft Skills & Banking Behaviors:**

• Strong analytical and problem-solving skills with attention to detail.

• Clear communication with technical teams, management, and auditors.

• Ability to work under pressure in 24x7 banking operations and regulatory environments.

About Northern Trust

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Responsible for the delivery of all Finance services in the Middle East with entities in Saudi Arabia and Abu Dhabi. The Finance Country Head, is a key business partner in the location and will work with Line of Business heads and functional leads to achieve Northern Trust's business goals in the region.

Reporting into a member of the EMEA Finance Leadership Team, the Finance Country Head will be responsible for supporting the delivery and oversight of all Finance functions with the role is located in Riyadh, KSA.

The successful candidate will have excellent people management skills and provide effective oversight for financial processes outsourced to group affiliates. Individuals with previous Financial Service industry experience are of particular interest for the role.

• Oversight of all business finance activities, serving the global finance function heads, regional management, regulators, tax authorities and other local stakeholders and to provide leadership and guidance to the planning, organization, direction and control of the Finance function.
• Primary and direct responsibility for planning, overseeing and directing the activities of the
• Finance function towards achievement of the Corporation's objectives and for timely briefing and reporting on Finance matters to both management and appropriate governance bodies including Boards and Delegated Committees.
• Reporting to The Northern Trust Company of Saudi Arabia Board, manage the preparation and completion of all applicable financial statements, financial reports including submissions to the regulators both in the KSA and Abu Dhabi.
• Responsibility for the production and integrity of the locations financial information and its regulatory reporting in respect of its regulated activities. This includes supporting local payroll and other local related administration activity.
• Management of the allocation and maintenance of capital, funding and liquidity.
• Primary responsibility for understanding and managing the risk inherent to the Finance function and for taking reasonable steps to ensure the adequacy of the control and governance arrangements within that function.
• Ensure the requirements of the Finance function are properly supported by a robust infrastructure and that adequate resources, systems and controls are in place to comply with all applicable accounting standards, regulatory requirements, corporate policies and NT corporate governance standards.
• Manage key external relationships with the Capital Markets Authority, External Auditors and other key outside stakeholders and government bodies.

The successful candidate will benefit from having:

• Qualified Accountant with expertise in financial control, reporting and critical accounting related
• Ability to provide direction and leadership to champion new initiatives across all lines of business.
• Excellent analytical and evaluation skills combined with considerable attention to detail.
• Excellent time management and organisational skills.
• Excellent verbal and written communication skills with the ability to adapt to various audiences.
• Flexible approach to process changes and variable workloads.
• Ability to make sound decisions and resolve problems before they escalate.

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

For further information, and to apply, please visit our website via the “Apply” button below.

Overview

Job Title: Enterprise Architect – Banking Domain
Location: Riyadh, KSA
Employment Type: 1 Year extendable (Under Marc Ellis)

Role Overview:
We are seeking a highly experienced Enterprise Architect with 15+ years of proven expertise in the banking sector, covering Retail Banking, Corporate Banking, and Digital Banking domains. The successful candidate will define and oversee the bank’s enterprise architecture strategy, ensuring alignment between business goals and technology solutions, while driving large-scale digital transformation and innovation initiatives.

• Define, design, and govern the enterprise architecture framework in alignment with the bank’s strategic objectives.
• Lead the architecture roadmap for Retail, Corporate, and Digital banking, ensuring scalable, secure, and innovative solutions.
• Partner with business and technology stakeholders to translate business requirements into target architectures and technology solutions.
• Drive the adoption of emerging technologies (cloud, API-driven integration, microservices, data analytics, cybersecurity, AI/ML, blockchain, etc.) to enhance digital banking services.
• Ensure standardization and optimization across systems, applications, and infrastructure.
• Provide architectural guidance on core banking transformation programs, payment systems, CRM, and digital channels.
• Oversee solution designs, conduct architectural reviews, and ensure adherence to governance, compliance, and regulatory requirements.
• Develop and maintain architecture principles, guidelines, and best practices for the enterprise.
• Mentor and guide architecture teams, fostering knowledge sharing and capability building.
• Act as a trusted advisor to senior leadership on technology trends, risks, and opportunities in the financial services industry.

• Bachelor’s or Master’s degree in Computer Science, Information Technology, or related field.
• 15+ years of IT experience, with at least 7–10 years in enterprise/solution architecture roles within the banking domain.
• Strong domain knowledge across Retail Banking, Corporate Banking, Digital Banking, Wealth Management, Payments, and Channels.
• Proven expertise in architecture frameworks (TOGAF, Zachman, or equivalent).
• Hands-on experience with core banking systems, digital platforms, APIs, cloud technologies, and integration platforms.
• Solid understanding of data architecture, information security, and regulatory requirements in banking.
• Experience leading large-scale digital transformation and core banking modernization programs.
• Excellent stakeholder management, leadership, and communication skills.
• Relevant certifications such as TOGAF, AWS/Azure Architect, or equivalent are highly desirable.

Overview

We are seeking an experienced Project Manager with a valid PMP certification and 5-10 years of hands-on experience managing large-scale transformation projects within the banking domain. The ideal candidate will be responsible for the development and execution of detailed project plans, managing cross-functional teams, and ensuring all project deliverables meet the bank’s quality standards and business objectives.

• Project Planning & Implementation: Develop comprehensive project plans including resourcing, scheduling, key deliverables, milestones, and cost estimates. Ensure adherence to project management methodologies (SDLC) and compliance with the master project plan.
• Cross-Functional Coordination: Coordinate with all relevant parties involved in the execution of the project, communicating clear project requests, setting targets and timelines, and achieving maximum cooperation to ensure high-quality deliverables.
• Task Execution Monitoring: Monitor the execution process of tasks assigned to all involved stakeholders, ensuring that the work aligns with project targets and objectives. Identify compliance issues or potential discrepancies from the plans.
• Progress Tracking & Issue Resolution: Track and report project progress, proactively addressing and resolving issues. Escalate complex problems to management for decision-making. Monitor actual costs versus budget and provide detailed analytical reports to management.
• Vendor & Developer Guidance: Provide advice and guidance to external vendors or internal developers to ensure the accurate execution of targeted tasks and milestones.
• Quality Assurance & Deliverable Evaluation: Evaluate the deliverables submitted to ensure they meet quality standards and project goals. Drive the development and implementation of corrective actions where necessary.
• Project Scope Management: Identify and propose modifications to the project scope to maximize compliance, optimize project cost, and meet timelines.
• Steering Committee Presentations: Prepare presentations for the Project Steering Committee, providing clear updates on project development, costs, potential issues, and actions taken. Facilitate decision-making processes by offering a comprehensive view of project progress.
• Other Related Duties: Perform any other tasks or duties assigned during the execution of the program as required to ensure successful delivery of the project.

• Experience: 5-10 years of hands-on experience in managing large transformation projects, particularly within the banking industry.
• Certifications: A valid PMP (Project Management Professional) certification is required.
• Skills: Strong experience with project planning, scheduling, and resource management. In-depth knowledge of SDLC (Software Development Life Cycle) and project management tools. Strong ability to monitor progress, manage budgets, and resolve issues effectively. Experience in managing external vendors and internal teams to deliver high-quality outcomes. Excellent communication and presentation skills, especially in reporting to senior management and project steering committees. Ability to manage project scope, timelines, and costs to maximize efficiency and effectiveness.

• Mid-Senior level

• Full-time

• Project Management and Information Technology

• Household Services

About Northern Trust

Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.

Northern Trust is proud to provide innovative financial services and guidance to the world’s most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world’s most sophisticated clients using leading technology and exceptional service.

Responsible for the delivery of all Finance services in the Middle East with entities in Saudi Arabia and Abu Dhabi. The Finance Country Head, is a key business partner in the location and will work with Line of Business heads and functional leads to achieve Northern Trust's business goals in the region.

Reporting into a member of the EMEA Finance Leadership Team, the Finance Country Head will be responsible for supporting the delivery and oversight of all Finance functions with the role is located in Riyadh, KSA.

The successful candidate will have excellent people management skills and provide effective oversight for financial processes outsourced to group affiliates. Individuals with previous Financial Service industry experience are of particular interest for the role.

• Oversight of all business finance activities, serving the global finance function heads, regional management, regulators, tax authorities and other local stakeholders and to provide leadership and guidance to the planning, organization, direction and control of the Finance function.
• Primary and direct responsibility for planning, overseeing and directing the activities of the
• Finance function towards achievement of the Corporation's objectives and for timely briefing and reporting on Finance matters to both management and appropriate governance bodies including Boards and Delegated Committees.
• Reporting to The Northern Trust Company of Saudi Arabia Board, manage the preparation and completion of all applicable financial statements, financial reports including submissions to the regulators both in the KSA and Abu Dhabi.
• Responsibility for the production and integrity of the locations financial information and its regulatory reporting in respect of its regulated activities. This includes supporting local payroll and other local related administration activity.
• Management of the allocation and maintenance of capital, funding and liquidity.
• Primary responsibility for understanding and managing the risk inherent to the Finance function and for taking reasonable steps to ensure the adequacy of the control and governance arrangements within that function.
• Ensure the requirements of the Finance function are properly supported by a robust infrastructure and that adequate resources, systems and controls are in place to comply with all applicable accounting standards, regulatory requirements, corporate policies and NT corporate governance standards.
• Manage key external relationships with the Capital Markets Authority, External Auditors and other key outside stakeholders and government bodies.

• Qualified Accountant with expertise in financial control, reporting and critical accounting related
• Ability to provide direction and leadership to champion new initiatives across all lines of business.
• Excellent analytical and evaluation skills combined with considerable attention to detail.
• Excellent time management and organisational skills.
• Excellent verbal and written communication skills with the ability to adapt to various audiences.
• Flexible approach to process changes and variable workloads.
• Ability to make sound decisions and resolve problems before they escalate.

As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.

Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.

We’d love to learn more about how your interests and experience could be a fit with one of the world’s most admired and sustainable companies! Build your career with us and apply today. #MadeForGreater

Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at .

We hope you’re excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.

Apply today and talk to us about your flexible working requirements and together we can achieve greater.

Overview

Our client is seeking an experienced Islamic Banking Specialist to join their team in Saudi Arabia. The successful candidate will be responsible for providing expertise in Shariah-compliant banking products and services, ensuring compliance with Islamic banking principles, and developing new business opportunities.

• Develop and maintain a range of Shariah-compliant banking products and services, including Murabaha, Mudaraba, and Ijarah.
• Ensure that all banking products and services comply with Islamic banking principles and Shariah law.
• Identify and develop new business opportunities in the Islamic banking sector.
• Build and maintain relationships with clients, providing expert advice on Islamic banking products and services.
• Provide training and development programs for staff on Islamic banking products and services.
• Ensure compliance with regulatory requirements and Shariah standards.

• Bachelor's degree in Islamic Banking, Finance, or related field.
• Minimum 5 years of experience in Islamic banking or a related field.
• Certification in Islamic banking or Shariah principles is an advantage.
• Fluent in Arabic and English.
• Strong knowledge of Islamic banking principles, Shariah law, and regulatory requirements.

Overview

We are seeking an experienced Project Manager with a valid PMP certification and 5-10 years of hands-on experience managing large-scale transformation projects within the banking domain. The ideal candidate will be responsible for the development and execution of detailed project plans, managing cross-functional teams, and ensuring all project deliverables meet the bank’s quality standards and business objectives.

• Project Planning & Implementation: Develop comprehensive project plans including resourcing, scheduling, key deliverables, milestones, and cost estimates. Ensure adherence to project management methodologies (SDLC) and compliance with the master project plan.
• Cross-Functional Coordination: Coordinate with all relevant parties involved in the execution of the project, communicating clear project requests, setting targets and timelines, and achieving maximum cooperation to ensure high-quality deliverables.
• Task Execution Monitoring: Monitor the execution process of tasks assigned to all involved stakeholders, ensuring that the work aligns with project targets and objectives. Identify compliance issues or potential discrepancies from the plans.
• Progress Tracking & Issue Resolution: Track and report project progress, proactively addressing and resolving issues. Escalate complex problems to management for decision-making. Monitor actual costs versus budget and provide detailed analytical reports to management.
• Vendor & Developer Guidance: Provide advice and guidance to external vendors or internal developers to ensure the accurate execution of targeted tasks and milestones.
• Quality Assurance & Deliverable Evaluation: Evaluate the deliverables submitted to ensure they meet quality standards and project goals. Drive the development and implementation of corrective actions where necessary.
• Project Scope Management: Identify and propose modifications to the project scope to maximize compliance, optimize project cost, and meet timelines.
• Steering Committee Presentations: Prepare presentations for the Project Steering Committee, providing clear updates on project development, costs, potential issues, and actions taken. Facilitate decision-making processes by offering a comprehensive view of project progress.
• Other Related Duties: Perform any other tasks or duties assigned during the execution of the program as required to ensure successful delivery of the project.

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.