Operations Manager - Banking (OMB001)
Posted 14 days ago
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Job Description
Foreground is partnering with a leading international bank to identify a seasoned Operations Manager for its Head Office in Jeddah.
This critical leadership role will oversee the full spectrum of banking operations within the Saudi market, ensuring seamless process execution, compliance with SAMA regulations, and alignment with the banks global operational standards. The ideal candidate will bring strategic oversight, hands-on process control, and strong people leadership to drive operational excellence in a regulated banking environment.
Key Responsibilities
Operational Oversight
- Manage end-to-end banking operations, including customer account management, payments, clearing, trade finance, treasury operations, and reconciliation.
- Monitor day-to-day activities to ensure adherence to internal policies, regulatory frameworks, and operational KPIs.
- Ensure strong controls are in place across cash handling, transactional accuracy, and risk mitigation.
Governance & Compliance
- Maintain full compliance with the Saudi Central Bank (SAMA) requirements, anti-money laundering laws, and global operational risk policies.
- Coordinate internal and external audits, ensuring timely resolution of audit observations and implementation of corrective actions.
- Keep management informed of regulatory updates and advise on the operational implications.
Process Improvement & Automation
- Identify opportunities to optimize workflows, reduce turnaround time, and digitize manual processes.
- Lead or support systems enhancements and operational projects in coordination with IT, risk, and compliance teams.
- Implement and maintain business continuity procedures and internal control frameworks.
Team Management & Development
- Lead, train, and develop the operations team to meet performance targets while ensuring quality and service standards are maintained.
- Establish clear responsibilities, monitor team outputs, and ensure professional growth within the function.
- Foster a proactive and solutions-oriented culture within the department.
Stakeholder Collaboration
- Act as a key liaison between operations and other internal stakeholders including Compliance, Risk, Relationship Management, Finance, and Technology.
- Provide insights to senior management regarding operational challenges, performance, and improvement areas.
Required Qualifications & Experience
- Bachelors degree in Banking, Finance, Business Administration, or a related field; a Masters degree or relevant certification (e.g., ACAMS, CISA, PMP) is an advantage.
- 7+ years of progressive experience in banking operations, with a minimum of 3 years in a leadership or managerial capacity.
- Solid understanding of local and international banking regulations, especially within the Saudi context.
- Proven track record in managing cross-border operational environments, trade finance instruments, and treasury operations.
- Experience in process transformation, systems implementation, and stakeholder engagement in the banking sector.
- Strong leadership and decision-making capabilities
- High level of operational discipline and risk awareness
- Excellent communication and reporting skills
- Ability to manage multiple functions and priorities under pressure
- Strategic thinker with hands-on execution skills
Relationship Mgr. (Corporate Banking), Jeddah
Posted 19 days ago
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Job Description
3 weeks ago Be among the first 25 applicants
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Direct message the job poster from Riyad Bank
Talent Acquisition Specialist | Recruiter at Riyad BankJOB ROLE:
To build, manage and maintain relationships with Government Banking customers, through selling and cross selling products and services, as well as providing solutions based on client needs with the objective of achieving sales targets, while ensuring that credit quality is maintained.
Follows all relevant departmental policies, processes, standard operating procedures and instructions so that work is carried out in a controlled and consistent manner.
Day- to-day operations:
Follows the day-to-day operations related to own job to ensure continuity of work.
Builds relationships with Government Banking clients that are buyers of financial services through visits to major prospects and existing customers.
Develops a thorough understanding of customer’s organization, industry and global practices to maintain proximity to the clients and meet their banking needs and expectations.
Business Development:
Identifies revenue opportunities to actively sell Corporate Banking products to Government customers in order to support the sales targets.
Maximizes product penetration and cross selling and actively seeks structured finance opportunities in-order to ensure the services required by the organization are delivered in the most effective manner.
Develops account plans in a consistent and timely manner in order to swiftly follow-up on identified action items.
Provides inputs demand insights to the team for loans which are commercially viable and also meet the required market demand.
Credit Approval:
Reviews CAs and approve them as per authority levels in order to ensure quality and completeness of all CAs before sending them to Credit for CA Review.
Collaborates with the Credit Analytics Section and Risk Management on an ongoing basis in order to constantly secure and enhance the quality of the credit portfolio.
Contributes to the identification of opportunities for continuous improvement of processes and practices taking into account ‘international best practice’, improvement of business processes, cost reduction and productivity improvement.
Reporting:
Assists in the preparation of timely and accurate reports of Riyad Bank to meet company and department requirements, policies and standards.
Related Assignments:
Undertake any other related duties or tasks as directed and required by the Bank.
QUALIFICATIONS & EXPERIENCE:
Minimum Qualifications:
Bachelor’s degree in Business with preferably a specialization in Finance or Accounting.
Minimum Experience: 3-5 years relevant experience in the banking sector.
TECHNICAL KNOWLEDGE AREAS:
Good Knowledge in Corporate Banking products and services.
Good Knowledge in client relationship planning.
Ability in business development and planning.
Seniority level- Seniority level Mid-Senior level
- Employment type Full-time
- Job function Finance, Customer Service, and Business Development
- Industries Banking
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#J-18808-LjbffrFinancial Analyst
Posted today
Job Viewed
Job Description
Provide financial analysis, forecasting, reporting of the Institute’s activities as well as new Business Opportunities. Identify opportunities for performance improvement across the Institute. Contribute to the Periodical financial reports of the Institute.Key Accountabilities
Finance and Business Management:
- Carry out timely and accurate reconciliations of the financial transactions, identifying conflicts and resolve them.
- Contribute to improving on the business processes and proposing effective internal controls.
- Support in proceeding the Institute payments to the vendors, suppliers, consultants and service providers and maintain accurate accounts of the same.
- Coordinate with all partners, donors and sponsors to maintain accurate records of contributions and report periodically.
- Contribute in monitoring activities progress by tracking these activities; resolving problems; producing progress reports; recommending actions
Financial Analysis & Reporting:
- Prepare the regular financial and business reports for the review of the Management.
- Prepare and submit periodic Financial Reports, on the status of revenues generated, funds raised, earnings realised, and expenses incurred.
- Provide financial analysis, forecasting, reporting of the Institute’s activities as well as new Business Opportunities.
- Identify opportunities for performance improvement across the Institute.
- Develop financial models that help with decision-making.
- Create informative, actionable and repeatable reporting that highlights relevant business trends and opportunities for improvement.
Policies & Procedures:
- Contribute to the development and enhancement Reporting procedures and incorporate the changes in the business processes and internal controls.
- Comply with the Institute rules and regulations from financial perspective.
Education, Certification and Experience
- Bachelor’s degree in Accounting, Finance, Business Administration or related field is required.
- Minimum 3 years’ experience in finance, accounting or related field.
Languages
- English (mandatory)
- Arabic (preferred)
- French (preferred)
Bank teller
Posted 4 days ago
Job Viewed
Job Description
Bank Teller
We are hiring a Bank Teller to join our team in Jeddah, Saudi Arabia. As a Bank Teller, you will be responsible for providing excellent customer service while performing various banking transactions. This is a full-time position with a salary of 1600$ per month.
Responsibilities:
- Assist customers with deposits, withdrawals, and other transactions
- Provide information about bank products and services to customers
- Process loan applications and perform credit checks
- Maintain accurate records of all transactions
- Balance cash drawers and reconcile discrepancies
- Follow all bank policies and procedures
Requirements:
- High school diploma or equivalent
- Previous experience in banking or customer service preferred
- Strong communication skills in English (Arabic language skills are a plus)
- Basic math and computer skills
- Attention to detail and accuracy
- Ability to work independently and as part of a team
Benefits:
- Competitive salary with potential for bonuses
- Training and development opportunities for career growth
- Medical insurance coverage
- Paid time off and holidays
Note: This position is open to both local candidates as well as foreigners who have their own valid visa. Accommodation may be provided for those who require it.
If you are passionate about delivering exceptional customer service and have the required qualifications, we would love to hear from you! Apply now to join our dynamic team as a Bank Teller.
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#J-18808-LjbffrBank teller
Posted 19 days ago
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Job Description
Bank Teller
Location: Jeddah, Saudi Arabia
We are seeking a skilled and efficient Bank Teller to join our team in Jeddah. As a Bank Teller, you will be responsible for providing excellent customer service and performing various financial transactions for our clients. This is a full-time position with a salary of 1300$ per month.
Responsibilities:
- Greet customers and assist them with their banking needs
- Process deposits, withdrawals, and payments accurately and efficiently
- Verify customer identities and signatures on checks and withdrawal slips
- Promote bank products and services to customers as needed
- Keep accurate records of all transactions and balances
- Resolve customer complaints or issues in a timely manner
- Adhere to all banking regulations and security procedures
Requirements:
- High school diploma or equivalent; Bachelor's degree in finance or related field preferred
- Experience working as a bank teller or in a similar role is preferred
- Knowledge of banking products, services, and procedures
- Excellent customer service skills with the ability to handle difficult situations professionally
- Strong attention to detail and accuracy in handling financial transactions
- Basic math skills with the ability to count and handle cash accurately
- Good communication skills in English
- Ability to work full-time without accommodation
We offer:
- Competitive salary of 1300$ per month
- Visa sponsorship for non-Saudi nationals
- Training and development opportunities
If you are passionate about providing exceptional customer service and have experience in banking, we would love to hear from you! Apply now to join our team as a Bank Teller in Jeddah.
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#J-18808-LjbffrSenior Financial Analyst
Posted 16 days ago
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Job Description
We are seeking a Financial Analyst to join our Finance department at MDLBEAST. As a Financial Analyst, you will play a crucial role in conducting detailed financial analysis, assisting in budgeting and forecasting processes, and analyzing variances to communicate findings effectively.
Develop and maintain financial models to support decision-making processes.
Analyze costs to identify savings opportunities and evaluate capital expenditure proposals.
Prepare financial reports and presentations to provide insights to key stakeholders.
Perform ad hoc financial analysis and projects to support strategic initiatives.
Manage financial data and automate processes to improve efficiency.
Ensure compliance with regulations and policies to maintain financial integrity.
Collaborate with other departments as needed to drive cross-functional projects.
Minimum of 3 years of experience in financial analysis or related field
Bachelor's degree in Finance, Accounting, Economics, or related field
Proficiency in financial modeling and data analysis
Strong analytical skills with attention to detail
Excellent communication and presentation abilities
Ability to work independently and collaboratively in a team environment
Familiarity with financial software and tools
Knowledge of accounting principles and financial regulations
Ability to meet deadlines and work under pressure
Saudi Nationals are encouraged to apply
#J-18808-LjbffrSenior Financial Analyst
Posted today
Job Viewed
Job Description
We are seeking a Financial Analyst to join our Finance department at MDLBEAST. As a Financial Analyst, you will play a crucial role in conducting detailed financial analysis, assisting in budgeting and forecasting processes, and analyzing variances to communicate findings effectively.
Develop and maintain financial models to support decision-making processes.
Analyze costs to identify savings opportunities and evaluate capital expenditure proposals.
Prepare financial reports and presentations to provide insights to key stakeholders.
Perform ad hoc financial analysis and projects to support strategic initiatives.
Manage financial data and automate processes to improve efficiency.
Ensure compliance with regulations and policies to maintain financial integrity.
Collaborate with other departments as needed to drive cross-functional projects.
Minimum of 3 years of experience in financial analysis or related field
Bachelor's degree in Finance, Accounting, Economics, or related field
Proficiency in financial modeling and data analysis
Strong analytical skills with attention to detail
Excellent communication and presentation abilities
Ability to work independently and collaboratively in a team environment
Familiarity with financial software and tools
Knowledge of accounting principles and financial regulations
Ability to meet deadlines and work under pressure
Saudi Nationals are encouraged to apply
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About the latest Banking Jobs in Jeddah !
Financial Analyst (Saudi Arabia)
Posted 19 days ago
Job Viewed
Job Description
A leading Talent Acquisition Company in SaudiArabia is on the lookout for a skilled Financial Analyst to join our team. In this role, you will be responsible for analyzing financial data, preparing reports, and providing insights that drive strategic decision-making within our organization. You will work closely with various departments to support financial planning and assess the company’s performance against its financial goals.
Key Responsibilities- Analyze financial performance by collecting, monitoring, and studying data.
- Prepare daily, monthly, and annual reports of financial activities.
- Assemble, summarize, and analyze financial data to structure reports on budgets, forecasts, and trends.
- Conduct variance analysis, comparing actual results with budgets to determine financial performance.
- Track financial status by analyzing trends and forecast models for Research Operations.
- Business & Financial Modeling:
- Reconcile financial transactions by identifying discrepancies and correcting data as needed.
- Suggest ways to reduce costs and enhance revenue.
- Monitor budgets and perform variance analysis.
- Assist in financial forecasting and operational planning.
- Collaborate with teams to gather insightful information for strategic planning.
- Evaluate financial trends and provide recommendations based on findings.
- Bachelor’s degree in finance and accounting
- 4+ years of experience in management reporting and analysis
- Ability to assemble and analyze data to create reports: Budgets, Forecasts, Variance analysis, Reconciliation, Monthly closing.
- Knowledge of and experience in calculating the cost of service to generate revenue
- Advanced Excel skills and Power BI.
- Experience withSAPandAriba
Financial Analyst (Saudi Arabia)
Posted today
Job Viewed
Job Description
A leading Talent Acquisition Company in SaudiArabia is on the lookout for a skilled Financial Analyst to join our team. In this role, you will be responsible for analyzing financial data, preparing reports, and providing insights that drive strategic decision-making within our organization. You will work closely with various departments to support financial planning and assess the company’s performance against its financial goals.
Key Responsibilities- Analyze financial performance by collecting, monitoring, and studying data.
- Prepare daily, monthly, and annual reports of financial activities.
- Assemble, summarize, and analyze financial data to structure reports on budgets, forecasts, and trends.
- Conduct variance analysis, comparing actual results with budgets to determine financial performance.
- Track financial status by analyzing trends and forecast models for Research Operations.
- Business & Financial Modeling:
- Reconcile financial transactions by identifying discrepancies and correcting data as needed.
- Suggest ways to reduce costs and enhance revenue.
- Monitor budgets and perform variance analysis.
- Assist in financial forecasting and operational planning.
- Collaborate with teams to gather insightful information for strategic planning.
- Evaluate financial trends and provide recommendations based on findings.
- Bachelor’s degree in finance and accounting
- 4+ years of experience in management reporting and analysis
- Ability to assemble and analyze data to create reports: Budgets, Forecasts, Variance analysis, Reconciliation, Monthly closing.
- Knowledge of and experience in calculating the cost of service to generate revenue
- Advanced Excel skills and Power BI.
- Experience withSAPandAriba