Basel Credit Risk RWA Consultant - PMO Lead
Job in
Riyadh, Riyadh Region, Saudi Arabia
Listed on 2026-07-18
Listing for:
Capitex
Contract
position Listed on 2026-07-18
Job specializations:
-
Finance & Banking
Risk Manager/Analyst, Regulatory Compliance Specialist, Financial Compliance -
Management
Risk Manager/Analyst, Regulatory Compliance Specialist
Job Description & How to Apply Below
Job Title:
Basel Credit Risk RWA Consultant – PMO Lead (Contract)
Location: Riyadh, Saudi Arabia (full‑time on-site)
Start Date: ASAP / within 2 weeks
We're seeking a senior Basel credit risk RWA specialist to lead a PMO‑driven remediation programme at a major bank in Riyadh. This role sits at the intersection of technical Basel expertise and hands‑on programme management — you'll be driving fixes to the bank's credit risk RWA calculation process end‑to‑end while aligning multiple internal departments around a shared plan of action.
What You'll Do- Lead the Project Management Office (PMO) for a Basel credit risk RWA remediation programme, establishing governance, RAID logs, and status reporting to senior stakeholders (ALCO, Risk Committee)
- Drive technical fixes across credit risk RWA work streams, including exposure classification, credit risk mitigation (CRM), external credit rating (ECAI) mapping, CCF application, and Q17/SAMA regulatory reconciliation
- Coordinate and align stakeholders across multiple departments (Business, IT, Risk, Finance, Data teams) who own different parts of the RWA calculation chain — securing buy‑in and closing regulatory/audit observations
- Guide and direct existing junior team members embedded at the client, who hold deep legacy system knowledge
- Prepare executive communication packs and manage escalations for senior governance forums
- Support broader Basel/RWA regulatory alignment work (counter party credit risk, market risk RWA) as needed
- 10+ years' experience in Basel credit risk RWA calculation, regulatory reporting, or capital adequacy programmes within banking
- Hands‑on technical knowledge of RWA mechanics: exposure classification, CRM, ECAI ratings, CCF application, asset classification (MSME/PSE/Default)
- Direct SAMA regulatory reporting experience strongly preferred (Q17 or equivalent)
- Proven PMO/programme management experience — comfortable running governance structures and driving cross‑departmental alignment in complex stakeholder environments
- Strong stakeholder management skills; able to secure buy‑in from multiple departments with competing priorities
- Based in or able to relocate to Riyadh full‑time for the contract duration
- Prior experience at a Saudi or GCC bank, or with a consultancy delivering Basel/RWA programmes in the region, highly advantageous
- Full‑time on‑site presence in Riyadh required
- Accommodation and related logistics covered for the contract duration
- Fast‑track interview process
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