46 Market Risk jobs in Saudi Arabia

PRINCIPAL DUTIES AND RESPONSIBILITIES/KEY ACCOUNTABILITIES

Principal Duties and Responsibilities:

1. Carry out daily operations assigned for the Department to comply with the CCP's standards.
2. Prepare timely and accurate functional reports to meet the requirements, objectives and standards of the Department and the CCP.
3. Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner.
4. Ensure monitoring on the market and clearing members.
5. Develop and update of the risk management policies and procedures.
6. Support in the risk system tests of key applications, bug fixes, enhancements and upgrades, deployment and maintenance.
7. Design and create process flow design of Risk processes and Process and report automation.
8. Support business development and other business related or regulatory changes with risk assessment and impact analysis.
9. Manage Internal Ratings exercise for members and counterparties including limit setting.
10. Support in default management process: hedging, auctions, position close out and process testing.

Key Accountabilities:

1. Carry out daily operations assigned for the department to comply with the company's standards.
2. Prepare timely and accurate department reports to meet the requirements, objectives, and standards of the company and the department.
3. Ensure the satisfaction of internal and external customers to address their needs in a courteous and timely manner.
4. Follow all relevant policies, procedures, and processes in order for the work to be carried out in a controlled and consistent manner.
5. Contribute to the identification of opportunities for continuous improvement of processes and practices, work processes, cost effectiveness, and productivity enhancement.
6. Promote to other employees within the organization the implementation and adherence to policies, procedures, processes, and instructions.
7. Maintain a good and respectful relationship with other colleagues and represent the company in a good image.

JOB SPECIFICATIONS

Education and Certifications:

• A Bachelor's degree in Finance, Economics, Statistics, or Econometrics as well as having a graduate degree in above mentioned fields or another quantitative field.

Knowledge and Experience:

• 4 + years of experience in treasury middle office and/or risk management of financial institution.

Skills Required:

• A Professional Qualification in Risk Management (such as FRM or PRM) is preferred.
• Familiarity with quantitative modeling, such as Value at Risk calculation methodologies.
• Proficiency in MS Office -especially in Excel and Power BI - and preferably one of the following: R, Python, VBA, Matlab, SQL and etc.
• Knowledge of Saudi Arabian or GCC capital market; knowledge of financial products especially derivatives will be an advantage.
• Excellent communication skills, in both Arabic and English.
• Proactive, attention to details and a good team player.

Our banking client is who is a leading investment bank with presence in 18 Arab countries, is currently recruiting a Financial Market Risk Officer, Credit Ratings to be based in Riyadh, Saudi Arabia.

The main role of the Financial Internal Auditor is to be responsible for monitoring the group's financial profile and business processes to assess impacts on its credit rating, while serving as the main liaison with international rating agencies. The role involves managing rating models, coordinating with internal departments and consultants, and supporting initiatives to strengthen credit risk assessments across projects, entities, and countries

Responsibilities:

The Market Risk (Credit Ratings) officer will have the following duties and responsibilities:

• Ongoing monitoring of the business processes and financial profile to identify any changes that might have an impact on their credit rating and recommending the necessary responses.
• Ongoing liaison with international rating agencies and the main point of contact for all matters related to their external rating.
• Collect all required information from different departments and accurately complete all rating models and provide any other information required by rating agencies.
• Develop and update internal data models linked to the external rating agency models to ensure accurate, faster and efficient rating/review processes.
• Liaise with external consultants involved in the credit rating process
• Contribute towards internal and external initiatives to improve their own/internal credit ratings for beneficiary entities, projects and countries to better measure and manage the company's credit risk.

Requirements:

Qualifications

• Hold at least a master's degree or its equivalent in Business Administration, Finance, Banking or related field (5 years of banking experience in Market Risk).
• Familiarity with the credit rating methodologies of international rating agencies (Moodys, Fitch and S&P) preferably with prior working knowledge/experience in the same.
• Strong analytical skills with a deep understanding of financial statement analysis and accounting concepts.
• Ability to deal with large volumes of data, proficiency with figures and the ability to maintain accuracy and be detail oriented while complying with deadlines.
• Strong Excel/Word/PowerPoint and database application skills. Ability to prepare forecasts based upon reasoned assumptions will be required.
• Professional certification in Risk and/or Finance such as Financial Risk Manager (FRM), Professional Risk Manager (PRM), Chartered Financial Analyst (CFA) or Certificate in Quantitative Finance (CQF) will be advantageous.
• Have a minimum of four (4) years of relevant professional experience in International Financial Institutions or Investment Banks, with a large scope of credit analysis.
• Ability to communicate effectively (written and oral) in English (required), Arabic (strong advantage), and French (desired).
• Able to work effectively in a fast-paced environment, possesses strong interpersonal and communication skills, is customer-oriented, and demonstrates excellent presentation skills in front of internal and external audiences.

If you wish to apply for the position, please send your CV to Chalden Du Toit at

Please visit for more exciting opportunities.

Chalden Du Toit

Senior Recruitment Consultant

CA Finance

CA Global will respond to short-listed candidates only. If you have not had any response in two weeks, please consider your application unsuccessful however your CV will be kept on our database for any other suitable positions.

Overview

JASARA PMC is looking for a motivated Risk Analyst to join our esteemed team. In this role, you will be a crucial part of our efforts to manage risks across various infrastructure projects, contributing to our mission to deliver outstanding social infrastructure programs in Saudi Arabia as part of a joint venture with the Public Investment Fund (PIF), Jacobs, and Saudi Aramco. You will engage with project teams and stakeholders to identify, assess, and mitigate risks effectively, ensuring that our projects meet their objectives while adhering to the Kingdom's Vision 2030.

• Assist in conducting risk assessments and identifying potential risks affecting projects
• Support the development of risk management plans and strategies
• Conduct data analysis to evaluate risk likelihood and impact
• Collaborate with various departments to collect risk-related information
• Prepare risk reports and presentations for management review
• Monitor and track risk management activities and effectiveness
• Participate in risk management workshops and meetings

• Bachelor's degree in Risk Management, Business Administration, Engineering, or a related field
• 5 years of experience in risk analysis, project management, or a similar role
• Strong analytical and problem-solving skills
• Proficiency in Microsoft Office Suite, particularly Excel
• Effective written and verbal communication abilities
• Capability to work collaboratively in a team-oriented environment
• Familiarity with risk management frameworks and tools is a plus
• Fluency in English; knowledge of Arabic is an advantage

Overview

JASARA PMC is looking for a motivated Risk Analyst to join our esteemed team. In this role, you will be a crucial part of our efforts to manage risks across various infrastructure projects, contributing to our mission to deliver outstanding social infrastructure programs in Saudi Arabia as part of a joint venture with the Public Investment Fund (PIF), Jacobs, and Saudi Aramco. You will engage with project teams and stakeholders to identify, assess, and mitigate risks effectively, ensuring that our projects meet their objectives while adhering to the Kingdom's Vision 2030.

• Assist in conducting risk assessments and identifying potential risks affecting projects
• Support the development of risk management plans and strategies
• Conduct data analysis to evaluate risk likelihood and impact
• Collaborate with various departments to collect risk-related information
• Prepare risk reports and presentations for management review
• Monitor and track risk management activities and effectiveness
• Participate in risk management workshops and meetings

• Bachelor's degree in Risk Management, Business Administration, Engineering, or a related field
• 5 years of experience in risk analysis, project management, or a similar role
• Strong analytical and problem-solving skills
• Proficiency in Microsoft Office Suite, particularly Excel
• Effective written and verbal communication abilities
• Capability to work collaboratively in a team-oriented environment
• Familiarity with risk management frameworks and tools is a plus
• Fluency in English; knowledge of Arabic is an advantage

JASARA PMC is looking for a motivated Risk Analyst to join our esteemed team. In this role, you will be a crucial part of our efforts to manage risks across various infrastructure projects, contributing to our mission to deliver outstanding social infrastructure programs in Saudi Arabia as part of a joint venture with the Public Investment Fund (PIF), Jacobs, and Saudi Aramco. You will engage with project teams and stakeholders to identify, assess, and mitigate risks effectively, ensuring that our projects meet their objectives while adhering to the Kingdom's Vision 2030.

• Assist in conducting risk assessments and identifying potential risks affecting projects
• Support the development of risk management plans and strategies
• Conduct data analysis to evaluate risk likelihood and impact
• Collaborate with various departments to collect risk-related information
• Prepare risk reports and presentations for management review
• Monitor and track risk management activities and effectiveness
• Participate in risk management workshops and meetings

• Bachelor's degree in Risk Management, Business Administration, Engineering, or a related field
• 5 years of experience in risk analysis, project management, or a similar role
• Strong analytical and problem-solving skills
• Proficiency in Microsoft Office Suite, particularly Excel
• Effective written and verbal communication abilities
• Capability to work collaboratively in a team-oriented environment
• Familiarity with risk management frameworks and tools is a plus
• Fluency in English; knowledge of Arabic is an advantage

We are seeking a highly motivated and experienced Sr. Financial Crime Risk Analyst to join our team to support the Client in face of one of the top financial institutions in the region based in Riyadh. As a Sr. Financial Crime Risk Analyst, you will be responsible for assessing and analyzing financial risks associated with our clients' activities, identifying potential financial crime risks, and developing strategies to mitigate them.

Responsibilities

Conducting risk assessments to identify and assess financial crime risks associated with our clients' activities, including anti-money laundering (AML), fraud, and terrorist financing, in the context of banks and other financial institutions.

Developing and implementing risk mitigation strategies to ensure compliance with regulatory requirements and industry best practices for financial institutions and banks.

Conducting investigations into suspected financial crime activity within the banking and financial services industries and preparing reports for senior management and regulatory bodies on behalf of our clients.

Developing and delivering training programs on financial crime risk management specifically tailored to the needs of financial institutions and banks, to increase staff awareness and promote adherence to regulatory requirements.

Monitoring and reviewing transactions and other activities to detect potential financial crime activity, with a focus on identifying potential financial crime risks in the context of banks and other financial institutions.

Staying up-to-date with industry developments and regulatory changes related to financial crime risk management specifically in the banking and financial services industries.

Qualifications

• Deep knowledge of SAMA Compliance Requirements/Regulations
• Bachelor's or master's degree in a relevant field such as finance, economics, or business administration.
• Minimum of 3 years of experience in financial crime risk management, compliance, or a related field.
• Strong analytical and problem-solving skills.
• Experience with regulatory requirements related to financial crime risk management.
• Excellent communication and interpersonal skills.
• Ability to work independently and as part of a team.
• Professional certifications such as CAMS, CFE, or CFA are a plus.

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.

About Al-Khaleej

Founded in 1979, Al Khaleej Computers & Electronic Systems is one of the leading IT service providers in Saudi Arabia. With over 45 years of experience and hundreds of successful projects across government, education, and enterprise sectors, the company delivers innovative technology solutions and managed services that support the Kingdom's Vision 2030.

About Job

Job Title:
Governance, Risk & Performance Specialist

Location:
Makkah, Saudi Arabia

Job Description:

We are seeking an enthusiastic and detail-oriented Governance, Risk & Performance Specialist to join our team in Makkah. The role involves supporting IT governance and risk frameworks, assisting in the evaluation of IT service performance, and helping develop dashboards and reports to support decision-making and continuous improvement.

Responsibilities:

• Assist in developing and maintaining frameworks for IT governance, risk management, and performance monitoring.
• Support risk assessments and contribute to identifying and mitigating potential issues.
• Help collect, analyze, and report on IT service performance and KPIs.
• Design and prepare visual dashboards and performance reports.
• Collaborate with teams to ensure IT services align with strategic goals and compliance standards.
• Contribute to audits, reviews, and improvement initiatives within IT operations.

Qualifications:

• Bachelor's degree in Computer Science, Information Technology, Engineering, or a related field (Design background is an advantage).
• 1–3 years of experience in IT governance, risk management, or performance analysis.
• Basic understanding of IT risk assessment, KPI tracking, and reporting tools.
• Preferred certifications: ITIL Foundation, COBIT, ISO 27001, or equivalent .
• Strong analytical, documentation, and communication skills.
• Eagerness to learn, develop, and grow within a structured IT governance environment.