217 Credit Analyst jobs in Saudi Arabia

Role Summary

The Credit and Collection Analyst will be responsible for review client credit profiles to assess credit limits, risk levels, and payment terms.

Role Responsibility

Review client credit profiles to assess credit limits, risk levels, and payment terms.

Analyse Arabic credit reports, notarized contracts, and legal documents

Monitor and track overdue accounts across assigned regions; implement collection strategies.

Collaborate with Sales, Legal, and Finance teams to evaluate receivables risk and issue credit recommendations.

Prepare and maintain reports on overdue accounts and high-risk clients.

Support legal recovery efforts through promissory notes, notarization, and litigation when necessary.

Conduct regular reassessments of client creditworthiness to ensure ongoing risk control.

Regular Visit to customer sites to assess customer Credit Worthiness and collections and resolve disputes

Send the required report to all stakeholders as per requirements. Work closely with internal departments, including Marketing, Operations, Parts, Service, HR, Finance, Warehouse, and Logistics, to ensure seamless coordination.

Undertake additional job roll-related tasks as necessary to support the company's mission and operations.

Carry out additional tasks as requested by management.

Key Performance

Excellent negotiation and communication skills.

Strong analytical and problem-solving abilities.

Attention to detail and accuracy in financial reporting.

Ability to work under pressure and manage multiple accounts effectively.

Knowledge of local financial regulations and credit risk management best practices.

Proactive and results-driven approach to debt recovery

Reduction in overdue receivables and bad debt ratio.

Timeliness and accuracy of credit risk assessments.

Efficiency of collection processes and customer dispute resolution.

Compliance with credit policies and financial regulations.

Experience & Background

Bachelor's degree or higher in Finance, Accounting, Risk Management, Law, or a related discipline.

Solid understanding of corporate credit review procedures and financial statement analysis is mandatory.

Familiarity with receivables collection processes, instalment contracts, and legal enforcement mechanisms.

Strong communication and negotiation skills; ability to work under pressure.

Proficiency in English and Arabic language is mandatory.

The Important Stuff

• Location: Riyadh, KSA
• Reporting to: Group Head of Credit & Country Head KSA
• Start Date: ASAP
• Interviews: 2 rounds and a take home assignment totaling a commitment of 3-4 hours over 2 weeks
• Your team: The current credit team comprises of 2 credit analysts in KSA, and this role is for a slightly senior team member.

Your mission:

To provide fast, accessible, and digital lending solutions for SMEs in KSA. In this role that means:

Involvement in collaborating and diagnosing Credit, Market, Liquidity, and Operational Risk. Accountable for ensuring that the Credit team is working efficiently.

Day to Day, you will:

• Responsible for undertaking detailed credit risk assessment analysis, recommendations, application approval, and, when required, visiting client premises.
• Responsible for identifying potential fraudulent applicants to protect the reputational and financial interests of Beehive's investors/platform.
• Provide recommendations tied to analysis and assessment of credit risk.
• Responsible for liaising with external credit reference agencies and other financial bodies and analysis of third-party risk management reports and requirements.
• Conduct a thorough analysis of financial statements and assessment of credit requests, including new requests, changed requests, refinancing, and annual due diligence.
• Accountable for ensuring clients' requests sit within Beehive's risk appetite and credit policy.
• Responsible for presenting credit proposals and deviations to the Group Head of Credit, demonstrating strong communication skills articulating all known material and significant risk.
• Present a summary report of analysis, findings, and recommendations to the Group Head of Credit, especially findings involving a borrower's ability to repay; the report should cover all the key areas.
• Responsible for ensuring that Beehive's credit model and scorebook are errorless, and all parameters are within the set parameters.
• Develop and prepare spreadsheets and models to support analysing new and existing credit applications and managing the portfolio.
• Reconcile credit files and identify discrepancies and variances.

KPIs:

Your performance in this role will be judged on the below key metrics

• Loan Portfolio Quality: Non-performing loan (NPL) ratio
• Credit Risk Assessment: Accuracy of credit risk assessments. Also, the average time taken to complete credit assessments and approve/reject loan applications
• Portfolio Growth and Diversification: Diversification of loan portfolio

This might be for you if:

• You have a bachelor's degree in finance, Business Administration, or a related field (preferred).
• You have excellent communication.
• You possess strong analytical skills, with the ability to interpret financial statements, assess credit risk, and make informed decisions.
• You can work independently, prioritize tasks, and thrive in a dynamic, multicultural environment.

Bonus points for:

• Financial Background
• Self-Starter attitude
• Problem Solving skills.

Why join us?

With us, you have the opportunity to join a growing team with immense growth opportunities within the company.

Beehive is a rapidly growing and one of the longest standing startups in the MENA region. We are a people-first organization, and we believe in empowerment of our workforce.

Analyze data related to credit facility requests received by the department and record recommendations for use by relevant bank entities in decisions regarding new lending/investments, renewals, modifications, and restructuring of existing loans/investments.

Conduct in-depth analysis of available data to enhance the identification, assessment, and measurement of risks more effectively and efficiently for all credit decisions.

Provide decision-makers with accurate figures, information, data, and analyses to ensure sound credit decisions aligned with the bank’s objectives.

Review and analyze credit information and any matters related to credit reports, including studying the economic sector’s situation, financial solvency and sustainability, collateral status, guarantors, etc.

Prepare detailed credit reports on borrowers, covering their credit standing, repayment capabilities, potential default risks, and the benefits of establishing/maintaining relationships with them, record observations, and submit to the direct supervisor.

Provide all required data and reports to relationship managers and the direct supervisor upon request to facilitate decision-making and recommendation processes.

Contribute to the analysis of projected cash flows by preparing necessary reports and supplying the direct supervisor with all relevant data and information.

Keep the direct supervisor informed of all developments, events, and economic reports related to market sectors, credit portfolios, and clients.

Provide necessary support for all corporate-related projects and supply relevant parties with data/reports/information as needed.

Bachelor’s degree in Business Administration, Economics, Banking & Finance, Statistics, or a related field.

Minimum of 1 year of experience in credit or data analysis in banks or related institutions.

Strong analytical abilities with proficiency in advanced statistical and mathematical tools, solid quantitative skills, and knowledge of stress tests, Basel, and Credit/Market/Operational/Liquidity Risk.

Full proficiency in English.

Computer literacy and ability to work with applied systems.

Good knowledge of the bank’s services and products.

Full understanding of work-governing policies and procedures, including internal and external updates.

Ability to work under pressure.

Strong communication and interpersonal skills.

Planning and organizational skills.

Overview

Analyze data related to credit facility requests and record recommendations for use by relevant bank entities in decisions regarding new lending/investments, renewals, modifications, and restructuring of existing loans/investments. Conduct in-depth analysis of available data to enhance the identification, assessment, and measurement of risks for all credit decisions. Provide decision-makers with accurate figures, information, data, and analyses to ensure sound credit decisions aligned with the bank's objectives. Review and analyze credit information and related matters such as credit reports, economic sector conditions, financial solvency and sustainability, collateral status, and guarantors. Prepare detailed credit reports on borrowers, covering credit standing, repayment capabilities, potential default risks, and the benefits of establishing or maintaining relationships with them. Submit observations to the direct supervisor. Provide required data and reports to relationship managers and the direct supervisor upon request to facilitate decision-making and recommendation processes. Contribute to the analysis of projected cash flows by preparing necessary reports and supplying the direct supervisor with all relevant data and information. Keep the direct supervisor informed of developments, events, and economic reports related to market sectors, credit portfolios, and clients. Provide necessary support for corporate-related projects and supply relevant parties with data/reports/information as needed.

• Bachelor's degree in Business Administration, Economics, Banking & Finance, Statistics, or a related field.
• Minimum of 1 year of experience in credit or data analysis in banks or related institutions.
• Strong analytical abilities with proficiency in advanced statistical and mathematical tools, solid quantitative skills, and knowledge of stress tests, Basel, and Credit/Market/Operational/Liquidity Risk.
• Full proficiency in English.
• Computer literacy and ability to work with applied systems.
• Good knowledge of the bank's services and products.
• Full understanding of work-governing policies and procedures, including internal and external updates.
• Ability to work under pressure.
• Strong communication and interpersonal skills.
• Planning and organizational skills.

• Entry level

• Full-time

• Other

• IT Services and IT Consulting

• Perform cash collection activities to ensure timely receipt of customer payments for the Middle East region and any other additional country
• Ensure the smooth invoicing process to 3 rd party customers according to Zatca requirements
• Process and book manual adjustments and credit memos
• Review and prepare documents to ensure a timely issuance and collection of Letters of Credit
• Perform the AR month-end close process in a timely manner for several databases and countries
• Maintain a clean debtor’s ledger and reconcile customer payments to invoices
• Reconcile and calculate agents sales commission for any given period
• Prepare reports for management on AR metrics for the region
• Review orders for release and enforce ship-hold of supply of goods to customers when necessary
• Support finance team in Switzerland as well as local management
• Develop professional relationships with customers and Masimo Sales team to ensure a mutual understanding of managing collection risks for the company
• Work with Customer Service department on customer/order inquiries
• Ensure compliance with Masimo credit policy.
• Work on ad hoc AR reports and projects as and when they arise.

Experience and Skill Requirements:

• The ideal candidate will have 7+ years of relevant credit/collections experience
• Excellent command of English and Arabic is mandatory
• Strong Interpersonal and communication skills are required
• Ability to work independently and as a member of a team
• Experience in documentary credit is preferred

Education:

Bachelor’s degree in finance, accounting or equivalent is preferred

Responsibilities

• Perform cash collection activities to ensure timely receipt of customer payments for the Middle East region and any other additional country
• Ensure the smooth invoicing process to 3rd party customers according to Zatca requirements
• Process and book manual adjustments and credit memos
• Review and prepare documents to ensure a timely issuance and collection of Letters of Credit
• Perform the AR month-end close process in a timely manner for several databases and countries
• Maintain a clean debtor’s ledger and reconcile customer payments to invoices
• Reconcile and calculate agents sales commission for any given period
• Prepare reports for management on AR metrics for the region
• Review orders for release and enforce ship-hold of supply of goods to customers when necessary
• Support finance team in Switzerland as well as local management
• Develop professional relationships with customers and Masimo Sales team to ensure a mutual understanding of managing collection risks for the company
• Work with Customer Service department on customer/order inquiries
• Ensure compliance with Masimo credit policy.
• Work on ad hoc AR reports and projects as and when they arise.

• The ideal candidate will have 7+ years of relevant credit/collections experience
• Excellent command of English and Arabic is mandatory
• Strong Interpersonal and communication skills are required
• Ability to work independently and as a member of a team
• Experience in documentary credit is preferred

Bachelor’s degree in finance, accounting or equivalent is preferred

• Perform cash collection activities to ensure timely receipt of customer payments for the Middle East region and any other additional country
• Ensure the smooth invoicing process to 3 rd party customers according to Zatca requirements
• Process and book manual adjustments and credit memos
• Review and prepare documents to ensure a timely issuance and collection of Letters of Credit
• Perform the AR month-end close process in a timely manner for several databases and countries
• Maintain a clean debtor’s ledger and reconcile customer payments to invoices
• Reconcile and calculate agents sales commission for any given period
• Prepare reports for management on AR metrics for the region
• Review orders for release and enforce ship-hold of supply of goods to customers when necessary
• Support finance team in Switzerland as well as local management
• Develop professional relationships with customers and Masimo Sales team to ensure a mutual understanding of managing collection risks for the company
• Work with Customer Service department on customer/order inquiries
• Ensure compliance with Masimo credit policy.
• Work on ad hoc AR reports and projects as and when they arise.

Experience and Skill Requirements:

• The ideal candidate will have 7+ years of relevant credit/collections experience
• Excellent command of English and Arabic is mandatory
• Strong Interpersonal and communication skills are required
• Ability to work independently and as a member of a team
• Experience in documentary credit is preferred

Education:

Bachelor’s degree in finance, accounting or equivalent is preferred

Overview

Aramco energizes the world economy.

Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities 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 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.

As a Credit Risk Analyst, you will 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, and Contracting. Therefore, it is essential to possess excellent interpersonal and communication skills in order to succeed in this role.

Key Responsibilities

• 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 .
• Professional certification such as FRM, ERP, CMA or CFA, are highly regarded.
• At least 15 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

Job posting start date: 07/01/2025

Job posting end date: 12/31/2025

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.

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.