83 Risk Analysis jobs in Saudi Arabia

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.

JOB PURPOSE / ROLE:

To develop analysis of the market and liquidity risks that the portfolio of the bank entails using advanced market risk tools and methods, e.g. VaR, stress / back tests etc, to identify adherence of all related business functions to established risk levels and statutory standards.

Policies, Processes & Procedures:

Implements approved departmental policies, processes, procedures and provides instructions to subordinates and monitor their adherence so that work is carried out in a controlled manner.

Day- to-day operations:

Implements the day-to-day operations assigned for the Market Risk department to ensure compliance with the established standards and procedures.

Market & Liquidity Risk:

• Monitors the local and international market practices and developments to identify trends that can be used in the development of scenarios and stress tests
• Participates in the development of the Bank's market and liquidity risk appetite and work closely with business units, in an advisory capacity, to identify, assess and mitigate market and liquidity risk exposures as and when they arise
• Handles the development and implementation of stress and back tests to Bank's activities and financial results, in order to assess the portfolio market, liquidity and treasury risks and to provide insight on the level of exposure to risk
• Develops risk models and uses quantitative methods of market risk analysis to identify and reveal potential risk in Bank's portfolio, while monitors their effectiveness in order to apply improvements that will increase their accuracy
• Compares and analyses the results from stress and back tests with the risk appetite of the Bank, raising flags in case of discrepancy, while provides risk mitigation guidance to the Asset & Liability Committee (ALCO) to protect assets and business interests of the Bank
• Provides management and ALCO of the required information and analysis regarding the financial and liquidity risk status, so as to facilitate the development of corrective actions that will protect shareholders' interests and enable the structure and manage of Bank's balance sheet
• Evaluates the liquidity risks identified in relevance to SAMA and Bank's standards and ensures the provision to management of the required information and reports regarding the market and liquidity risk exposure
• Produces the market risk capital charge calculation under various Basel approaches and pillars; coordinates with different departments for accurate and timely reporting of regulatory numbers viz. ICAAP.
• Reviews the Bank's products and processes and provide risk mitigation controls while leads the accurate identification of market & liquidity risks in new products and services to ensure that relevant risks have been identified and considered in the development of risk policies
• Analyses and generates relevant risk metrics for interest rate risk in the banking book (IRRBB). Ensures correct modelling and reporting by acceptable and approved approaches for management reporting, capital charge calculation and disclosure purposes.
• Participates and guides in the selection, implementation and oversight of market risk & ALM monitoring and reporting systems by evaluating the functionality, capability and price offered by prospective vendors keeping in line with the approved budgets and timelines.

Direction of Subordinates:

Organizes and supervises the activities of his subordinates to ensure that all work within a specific area of Market Risk Management activity is carried out in an efficient and procedurally compliant manner.

Continuous Improvement:

Contributes to the identification of opportunities for continuous improvement of systems, processes and practices taking into account 'international best practice', improvement of business processes, cost reduction and productivity improvement.

Reporting:

Prepares departmental and regulatory reports of Riyad Bank timely and accurately to meet company and department requirements, policies and standards.

Committees & Meetings:

Represents the function and actively contributes in various committees/meetings (internal and external) as applicable and per authority levels in order to ensure relevant matters are dealt with in a timely and efficient manner.

People Management:

Ensures all staff have clear objectives, regular performance feedback sessions, formal annual appraisals, and individual development plans, with particular emphasis on the development of talented staff, Ensures and facilitates the employment, training and development within the organization.

Safety, Quality & Environment:

Complies with all relevant safety, quality and environmental management policies, procedures and controls to ensure a healthy and safe work environment.

Related Assignments:

Performs other related duties or assignments as directed.

QUALIFICATIONS & EXPERIENCE:

Minimum Qualifications:

• Bachelor's degree in a Finance of Business Administration with preferably at a postgraduate level
• International certificate in Risk management, such as CFA or FRM

Minimum Experience:

• 8-10 years of relevant experience in banking including at least 3 years in positions of progressively increasing managerial responsibilities

Language:

English: Advanced

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.

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.

Credit Risk ManagerRole Summary

Lead and establish the credit risk function at
DaftarPay (BNPL/Fintech)
, covering frameworks and policies, credit decisioning models, end-to-end credit lifecycle (origination to collections), and regulatory alignment with the Saudi Central Bank (SAMA) and related frameworks (e.g., CRFR, AML/CFT, data privacy, cybersecurity).

Key Responsibilities

Strategy & Governance

• Build the Enterprise Risk Management (ERM) and
  Credit Risk Policy
  , including Risk Appetite and limits.
• Set up the internal
  Risk & Credit Committee
  , escalation paths, exception management, and meeting minutes.
• Align policies with
  SAMA
  requirements and BNPL/consumer credit best practices.

Origination & Pricing

• Develop
  creditworthiness models
  (rule-based & scorecards) for customers/counterparties (PD/LGD/EAD where applicable).
• Design
  underwriting standards
  , credit limits, and pricing/fees aligned with risk appetite and return targets.
• Embed
  KYC/eKYC, AML/CFT, and sanctions
  controls in automated underwriting flows.

Portfolio Monitoring & Early Warning

• Build dashboards for portfolio quality (NPL, PAR, roll rates, vintage curves).
• Define
  Early Warning Indicators (EWI)
  and corrective actions; manage restructurings where needed.
• Review thresholds regularly; issue
  monthly and quarterly
  reports to management/boards.

Collections & Delinquency Management

• Define
  collections strategy
  (amicable/legal) segmented by risk and customer cohorts.
• Oversee third-party collectors (if any), SLAs, and performance KPIs.
• Coordinate
  loss provisioning
  (e.g., IFRS 9) with Finance.

Controls & Compliance

• Ensure adherence to
  CRFR
  and cybersecurity controls from a credit-risk/data-risk perspective.
• Coordinate with
  Compliance & AML
  on periodic assessments and regulatory reporting.
• Lead
  model validation
  , back-testing, and continuous improvement.

Data & Systems

• Specify
  data requirements
  (credit bureaus, data providers, LOS/LMS/CMS inputs).
• Co-design LOS/LMS/CMS workflows, decision rules, and automation.
• Drive
  data quality
  and governance across the credit lifecycle.

Leadership & Team Building

• Establish the credit risk team (underwriting, portfolio analytics, collections analytics, model management).
• Own the
  Saudization succession plan
  : structured knowledge transfer and capability building to place a qualified Saudi in the role within the approved timeline.

Qualifications

• Bachelor's in Finance/Economics/Statistics/Math/Engineering; Master's or certifications (FRM/PRM/CFA) preferred.
• 7–12 years
  in credit risk/underwriting/collections analytics; BNPL or consumer credit startup build-outs preferred.
• Strong grasp of
  PD/LGD/EAD, vintage analysis, IFRS 9/ECL
  , and portfolio quality metrics.
• Working knowledge of
  SAMA
  frameworks (governance, CRFR, AML/CFT, consumer protection).
• Proficiency in Excel/SQL; plus for
  analytics/modelling
  (Python/R) and BI tools.
• Proven leadership, cross-functional influence, and data-driven decision making.

KPIs

• Portfolio quality:
  NPL%, PAR30/60/90, roll rates, cure rate
  .
• Risk-adjusted returns:
  Risk-Adjusted Margin / ROA
  by segment.
• Underwriting effectiveness:
  Approval rate
  within risk appetite;
  Bad rate
  below thresholds.
• Collections:
  Recovery rate, Cost-to-Collect, DSO
  .
• Governance & compliance: audit/regulatory outcomes;
  on-time closure of findings
  .
• Capability building: execution of the
  Saudization succession plan
  and knowledge transfer milestones.

Reporting Lines

• Reports to:
  CEO / Risk Committee
  per approved governance.
• Supervises: Underwriting, Portfolio Analytics, Collections Analytics, and Model Management (as scaled).

Location & Employment

• Riyadh, Saudi Arabia
  — Full-time.
• Performance-linked incentives;
  ESOP
  where applicable.

Regulatory Notes

• This is a
  senior management role
  , not a committee membership.
• Saudi Nationals are preferred, appointment will proceed
  subject to SAMA non-objection
  .

How to Apply

Send your CV with relevant achievements to hr

using the subject:
Credit Risk Manager – Riyadh
.

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.

About Us:

At Lendo, we are a fast-growing FinTech company on a mission to revolutionize the financial landscape in Saudi Arabia. Through our innovative digital lending platform, we empower SMEs by providing fast, secure, and transparent access to capital-fueling growth and supporting Vision 2030.

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.