222 Banking Risk jobs in Saudi Arabia

As we continue to grow at Lendo, we’re looking for a Credit Risk Manager to strengthen the integrity of our lending process and ensure sound credit decisions. In this key role, you’ll evaluate client creditworthiness, assess risk across portfolios, and drive strategies to approve or reject loan requests with confidence and consistency.

Key Responsibilities:

• Assess the creditworthiness of potential borrowers through financial analysis, risk scoring, and due diligence.

• Recommend credit approvals or rejections to the Credit Committee with well-supported justifications.

• Ensure all credit activities and loan decisions comply with internal policies, regulatory guidelines, and Shariah principles.

• Monitor the health of the loan portfolio, identifying risk trends and proposing mitigation strategies.

• Generate reports and insights related to borrower performance, loan exposures, and credit portfolio quality.

• Support the broader Credit & Risk function with tasks related to loan origination, portfolio tracking, and borrower management as required.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

• 4–5 years of experience in a similar credit or risk-related role, preferably within the lending or FinTech space.

• Solid understanding of Invoice Financing products and how they function in a commercial lending context.

• Strong knowledge of KSA banking data and its application in credit assessment and decision-making.

• Familiarity with the KSA lending environment, including regulatory frameworks and market dynamics.

General Requirements:

• Excellent communication skills - fluent in Arabic & English is a must.

• Strong analytical mindset with the ability to interpret complex financial data.

• Detail-oriented and highly organized in a fast-paced environment.

• Strong interpersonal skills and the ability to collaborate across teams.

• Comfortable working under pressure and managing multiple priorities simultaneously.

As we continue to grow at Lendo, we’re looking for a Credit Risk Manager to strengthen the integrity of our lending process and ensure sound credit decisions. In this key role, you’ll evaluate client creditworthiness, assess risk across portfolios, and drive strategies to approve or reject loan requests with confidence and consistency.

Key Responsibilities:

• Assess the creditworthiness of potential borrowers through financial analysis, risk scoring, and due diligence.

• Recommend credit approvals or rejections to the Credit Committee with well-supported justifications.

• Ensure all credit activities and loan decisions comply with internal policies, regulatory guidelines, and Shariah principles.

• Monitor the health of the loan portfolio, identifying risk trends and proposing mitigation strategies.

• Generate reports and insights related to borrower performance, loan exposures, and credit portfolio quality.

• Support the broader Credit & Risk function with tasks related to loan origination, portfolio tracking, and borrower management as required.

Qualifications:

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.

• 4–5 years of experience in a similar credit or risk-related role, preferably within the lending or FinTech space.

• Solid understanding of Invoice Financing products and how they function in a commercial lending context.

• Strong knowledge of KSA banking data and its application in credit assessment and decision-making.

• Familiarity with the KSA lending environment, including regulatory frameworks and market dynamics.

General Requirements:

• Excellent communication skills - fluent in Arabic & English is a must.

• Strong analytical mindset with the ability to interpret complex financial data.

• Detail-oriented and highly organized in a fast-paced environment.

• Strong interpersonal skills and the ability to collaborate across teams.

• Comfortable working under pressure and managing multiple priorities simultaneously.

Overview

As we continue to grow at Lendo, we’re looking for a Credit Risk Manager to strengthen the integrity of our lending process and ensure sound credit decisions. In this key role, you’ll evaluate client creditworthiness, assess risk across portfolios, and drive strategies to approve or reject loan requests with confidence and consistency.

• Assess the creditworthiness of potential borrowers through financial analysis, risk scoring, and due diligence.
• Recommend credit approvals or rejections to the Credit Committee with well-supported justifications.
• Ensure all credit activities and loan decisions comply with internal policies, regulatory guidelines, and Shariah principles.
• Monitor the health of the loan portfolio, identifying risk trends and proposing mitigation strategies.
• Generate reports and insights related to borrower performance, loan exposures, and credit portfolio quality.
• Support the broader Credit & Risk function with tasks related to loan origination, portfolio tracking, and borrower management as required.

• Bachelor’s degree in Accounting, Finance, Business Administration, or a related field.
• 4–5 years of experience in a similar credit or risk-related role, preferably within the lending or FinTech space.
• Solid understanding of Invoice Financing products and how they function in a commercial lending context.
• Strong knowledge of KSA banking data and its application in credit assessment and decision-making.
• Familiarity with the KSA lending environment, including regulatory frameworks and market dynamics.

• Excellent communication skills - fluent in Arabic & English is a must.
• Strong analytical mindset with the ability to interpret complex financial data.
• Detail-oriented and highly organized in a fast-paced environment.
• Strong interpersonal skills and the ability to collaborate across teams.
• Comfortable working under pressure and managing multiple priorities simultaneously.

Job Location: Riyadh, Saudi Arabia

Background

• 8 to 12 years of experience in bank model development or model validation
• Experience in responding to regulatory reviews and external/internal model validation and audits relating to credit risk models

Functional Expertise

• Credit risk model (credit loss forecasting including IFRS9, loan loss allowance)
• Experience in AI/ML modeling his highly desirable
• Managing of model validation teams
• Experience in regulatory reviews and communication with regulators and internal risk and audit committees.

Relevant Experience

The consultant will be collaborating with the model developers and owners to remediate and respond to findings per the Independent MRM group and internal model risk management policy

Engagements Summary

• Model documentations (model white paper and technical specification and data validations)
• Model risk assessment and model performance monitoring
• Model calibration and parameter estimation and other model enhancements
• Validation or experience in AI/ML models highly desirable

CreditRISK, IFRS9, loan loss allowance,modeldevelopment,model validation

The consultant will be collaborating with the model developers and owners to remediate and respond to findings per the Independent MRM group and internal model risk management policy

Engagements Summary

• Model documentations (model white paper and technical specification and data validations)
• Model risk assessment and model performance monitoring
• Model calibration and parameter estimation and other model enhancements

Validation or experience in AI/ML models highly desirable

Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

We are seeking a Credit Risk Analyst to join the credit team in its Credit & Market Analysis Division which is part of the Treasury organization. The main role of the division is to manage credit and market risks.

Your main responsibility will be to safeguard the company’s assets by performing quantitative and qualitative credit assessments of counterparties, propose appropriate credit risk mitigation strategies and provide recommendations to management. This position requires strict adherence to the company’s credit risk policy and operating procedures.

You will also be required to collaborate with other areas such as Operations, Sales, LAW, Contracting, among others. Therefore, it is essential to possess excellent interpersonal and communication skills in order to succeed in this role.

As a successful candidate, you will perform the following:

• Conduct credit evaluations of counterparties (financial and non-financial institutions).
• Carry out financial qualification of service providers for new projects.
• Conduct in-depth analysis of financial statements and employ the company’s internal credit model to derive credit ratings.
• Ensure new business transactions and related risks are appropriately defined, captured, and managed, by the Company’s risk methodologies and systems.
• Maintain approved credit limits and ratings in credit database.
• Actively monitor counterparty credit ratings and latest market developments to keep management informed on potential risks.
• Perform stress testing on various portfolios in order to identify and mitigate unwanted exposure.
• Review policies, procedures, and align risk policies across the Group.
• Assist in the consolidation and preparation of reports for management.
• Complete assigned ad-hoc tasks as directed.

As a successful candidate, you will have:

• A Bachelor’s degree in finance, economics, accounting, or a related field. MBA or other advanced business degree is preferred.
• Professional certification such as FRM, ERP, CMA or CFA, are highly regarded.
• At least 10 years of relevant credit experience in energy, banking or financial risk management.
• Experience with implementation and application of credit risk models.
• In-depth knowledge of qualitative and quantitative credit assessments.
• Extensive experience analyzing financial statements.
• Ability to meet tight deadlines to submit credit recommendations to management.
• Advanced proficiency in Microsoft Excel including Excel models.

Title: Assoc of Chartered Certified Accountant (ACCA)
Req./Pref.: Preferred
Comments: A leading international body providing certification in accounting.

Title: Certified Financial Analyst (CFA)
Req./Pref.: Preferred
Comments: Certification in the areas of investment analysis, portfolio management.

Title: Certified Internal Auditor (CIA)
Req./Pref.: Preferred
Comments: Certification in the areas of internal audit and practice.

Title: Certified Management Accountant (CMA)
Req./Pref.: Preferred
Comments: Certification in the areas of management accounting, budgeting, and decision-making.

Title: Certified Public Accountant (CPA)
Req./Pref.: Preferred
Comments: Certification in the area of financial accounting and reporting.

Title: Saudi Org of Certified Public Accountant (SOCPA)
Req./Pref.: Preferred
Comments: Certification in the areas of accounting and auditing standards.

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.

Aramco occupies a unique position in the global energy industry. We are the world's largest producer of hydrocarbons (oil and gas), with the lowest upstream carbon intensity of any major producer.

With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.

Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.

We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.

We are seeking a Credit Risk Analyst to join the credit team in its Credit & Market Analysis Division which is part of the Treasury organization. The main role of the division is to manage credit and market risks.

Your main responsibility will be to safeguard the company’s assets by performing quantitative and qualitative credit assessments of counterparties, propose appropriate credit risk mitigation strategies and provide recommendations to management. This position requires strict adherence to the company’s credit risk policy and operating procedures.

You will also be required to collaborate with other areas such as Operations, Sales, LAW, Contracting, among others. Therefore, it is essential to possess excellent interpersonal and communication skills in order to succeed in this role.

As a successful candidate, you will perform the following:

• Conduct credit evaluations of counterparties (financial and non-financial institutions).
• Carry out financial qualification of service providers for new projects.
• Conduct in-depth analysis of financial statements and employ the company’s internal credit model to derive credit ratings.
• Ensure new business transactions and related risks are appropriately defined, captured, and managed, by the Company’s risk methodologies and systems.
• Maintain approved credit limits and ratings in credit database.
• Actively monitor counterparty credit ratings and latest market developments to keep management informed on potential risks.
• Perform stress testing on various portfolios in order to identify and mitigate unwanted exposure.
• Review policies, procedures, and align risk policies across the Group.
• Assist in the consolidation and preparation of reports for management.
• Complete assigned ad-hoc tasks as directed.

As a successful candidate, you will have:

• A Bachelor’s degree in finance, economics, accounting, or a related field. MBA or other advanced business degree is preferred.
• Professional certification such as FRM, ERP, CMA or CFA, are highly regarded.
• At least 10 years of relevant credit experience in energy, banking or financial risk management.
• Experience with implementation and application of credit risk models.
• In-depth knowledge of qualitative and quantitative credit assessments.
• Extensive experience analyzing financial statements.
• Ability to meet tight deadlines to submit credit recommendations to management.
• Advanced proficiency in Microsoft Excel including Excel models.

Title: Assoc of Chartered Certified Accountant (ACCA)
Req./Pref.: Preferred
Comments: A leading international body providing certification in accounting. Title: Certified Financial Analyst (CFA)
Req./Pref.: Preferred
Comments: Certification in the areas of investment analysis, portfolio management. Title: Certified Internal Auditor (CIA)
Req./Pref.: Preferred
Comments: Certification in the areas of internal audit and practice. Title: Certified Management Accountant (CMA)
Req./Pref.: Preferred
Comments: Certification in the areas of management accounting, budgeting, and decision-making. Title: Certified Public Accountant (CPA)
Req./Pref.: Preferred
Comments: Certification in the area of financial accounting and reporting. Title: Saudi Org of Certified Public Accountant (SOCPA)
Req./Pref.: Preferred
Comments: Certification in the areas of accounting and auditing standards. Working Environment

Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.

At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.

We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.

Rize is a groundbreaking rent-now-pay-later platform reshaping the rental landscape in Saudi Arabia. We're dedicated to making rentals more accessible and affordable, enabling tenants to manage their finances with ease and landlords to secure their income effortlessly. We're on a mission to revolutionize the rental industry, breaking down barriers and creating opportunities for all. We're a team of innovators, thinkers, and problem-solvers, committed to creating a positive impact and driving change in the market.

Our Team

We love working together, being creative, and doing things differently Our team is made up of over 20 people with different nationalities. We work from a cozy office in Riyadh, Saudi Arabia. And hey, we're not just smart—we're really good at coming up with new ideas Plus, you can work from wherever you want because we like to keep things flexible.

Our core values & Principles

• Innovation – We're a technology-driven team with the purpose of uplifting the real estate sector. We are the leaders of the industry in innovation.
• Customer Centricity – We put the customer at the core of every decision and action.
• Adaptability - Being able to adapt quickly to changing market conditions and customer needs.
• Empowerment & Collaboration – Our team is the most valuable aspect of the company; We respect all ideas, our team enjoys authority, autonomy, and collaboration.
• Ethical Excellence - We perform within the highest ethical standard.

Job Summary

We are looking for a Credit Underwriter to manage tenant and landlord contracts from start to finish. This role ensures that all leasing agreements meet legal standards and Rize's internal credit policies.

What will you be doing?

• Prepare, review, and finalize tenant contracts and landlord contracts.
• Ensure accuracy and compliance with Saudi leasing regulations.
• Be able to make contracts on Ejari platform submissions and resolve any related issues.
• Coordinate with Legal, Risk, and Credit teams to maintain complete, error-free records.
• Monitor contract turnaround times and escalate delays when needed.

You're a perfect match if you have

• 1+ years of related experience.
• Experience in legal real estate operations and strong knowledge of leasing practices.
• Hands-on experience using the Ejari platform is highly preferred.
• Excellent attention to detail with strong organizational skills.
• Ability to work accurately under pressure and tight deadlines.

What do we offer?

• Competitive salary - Receive a competitive salary package in USD or SAR, reflecting your skills and contributions in our industry.
• Diverse International team - Join a diverse international team where different perspectives and backgrounds enrich our collaborative culture.
• Flexibility - Enjoy the option to work full remote or hybrid, allowing you to balance work and life in a way that suits you best.
• Innovation - Shape the future of Proptech with your groundbreaking ideas and technological prowess.
• Direct Impact - See your ideas come to life and make tangible changes in an industry ripe for revolution.
• Fast-paced Learning - Grow personally and professionally every day with opportunities to master new skills in our dynamic start-up environment.
• Creative Freedom - Take the reins, innovate, and push boundaries with the freedom to experiment, learn, and grow at Rize.
• Close-knit Community - Join a collaborative, supportive team where your voice matters and your contributions are recognized and celebrated.

Rize
is a groundbreaking rent-now-pay-later platform reshaping the rental landscape in Saudi Arabia. We're dedicated to making rentals more accessible and affordable, enabling tenants to manage their finances with ease and landlords to secure their income effortlessly. We're on a mission to revolutionize the rental industry, breaking down barriers and creating opportunities for all. We're a team of innovators, thinkers, and problem-solvers, committed to creating a positive impact and driving change in the market.

Our Team
We love working together, being creative, and doing things differently Our team is made up of over 20 people with different nationalities. We work from a cozy office in Riyadh, Saudi Arabia. And hey, we're not just smart—we're really good at coming up with new ideas Plus, you can work from wherever you want because we like to keep things flexible.

Our core values & Principles

• Innovation – We're a technology-driven team with the purpose of uplifting the real estate sector. We are the leaders of the industry in innovation.
• Customer Centricity – We put the customer at the core of every decision and action.
• Adaptability - Being able to adapt quickly to changing market conditions and customer needs.
• Empowerment & Collaboration – Our team is the most valuable aspect of the company; We respect all ideas, our team enjoys authority, autonomy, and collaboration.
• Ethical Excellence - We perform within the highest ethical standard.

Job Summary
We are looking for a Credit Underwriter to manage tenant and landlord contracts from start to finish. This role ensures that all leasing agreements meet legal standards and Rize's internal credit policies.

What will you be doing?

• Prepare, review, and finalize tenant contracts and landlord contracts.
• Ensure accuracy and compliance with Saudi leasing regulations.
• Be able to make contracts on Ejari platform submissions and resolve any related issues.
• Coordinate with Legal, Risk, and Credit teams to maintain complete, error-free records.
• Monitor contract turnaround times and escalate delays when needed.

You're a perfect match if you have

• 1+ years of related experience.
• Experience in legal real estate operations and strong knowledge of leasing practices.
• Hands-on experience using the Ejari platform is highly preferred.
• Excellent attention to detail with strong organizational skills.
• Ability to work accurately under pressure and tight deadlines.

Benefits
What do we offer?

• Competitive salary - Receive a competitive salary package in USD or SAR, reflecting your skills and contributions in our industry.
• Diverse International team - Join a diverse international team where different perspectives and backgrounds enrich our collaborative culture.
• Flexibility - Enjoy the option to work full remote or hybrid, allowing you to balance work and life in a way that suits you best.
• Innovation - Shape the future of Proptech with your groundbreaking ideas and technological prowess.
• Direct Impact - See your ideas come to life and make tangible changes in an industry ripe for revolution.
• Fast-paced Learning - Grow personally and professionally every day with opportunities to master new skills in our dynamic start-up environment.
• Creative Freedom - Take the reins, innovate, and push boundaries with the freedom to experiment, learn, and grow at Rize.
• Close-knit Community - Join a collaborative, supportive team where your voice matters and your contributions are recognized and celebrated.

Job Title:
Credit Manager

Division:
Risk

Location:
Riyadh

Working Hours:
8:00 AM to 5:00 PM (Sunday to Thursday)

Core Responsibilities:

• Constantly liaises with the business units and provide updates and explanation on credit policy and guidelines and other credit related matters to ensure adequacy of resources and appropriateness of procedures and processes.
• Coordinates the liaison with IBSA, the concerned Relationship Manager and external consultants for syndicated deals.
• Identifies appropriate approval limits, submits/presents recommendations to the concerned party and facilities approval/decision process.
• Liaises with the Financial Analysis team (FAS) in order to receive financial input and finalize the credit approval note.
• Provides insights and/or recommendations on facility structure or possible caveats to the agreement with regard to general lending limits or other risk related implications and presents these to the Head of Wholesale and Market Risk for approval.
• Provides prompt advice and operational support to Relationship Managers and ensures timely response to credit proposals while maintaining credit appraisal quality in order to contribute to the bank and rsquo;s strategic goals.
• Reviews credit appraisal notes, and liaises with Relations Managers for any clarifications required in order to ensure transactional risks have been identified and proper mitigations established.
• Reviews credit proposals prepared by the business functions, and examines adherence to risk acceptance criteria (RAC) with the aim to safeguard the standards of the bank and rsquo;s credit portfolio.

Qualifications and Experience:

• Bachelor's degree in Finance / Accounting.
• Around 3-4 years of experience with preferred 3 years in a relevant role.