Regulatory Reporting Manager

Department: Finance - Regulatory Reporting

Location: Riyadh

• Manage and support all regulatory reporting activities to facilitate regulatory supervision and strategic decision-making, both for the Central Bank and the organization's senior management.
• Support and manage the preparation and submission of regulatory reports to the Central Bank to effectively supervise and regulate financial and non-financial metrics.
• Utilize available resources, in coordination with the Regulatory Reporting management, to ensure the timely, accurate, and consistent preparation and submission of all regulatory reports.
• Manage the collection and consolidation of complex financial and non-financial information from across all divisions in SAB.
• Support and manage the preparation of ad hoc regulatory and Central Bank reporting requests from Senior Management.
• Implement and operationalize SAB's regulatory policies, ensuring they are applied consistently and in a controlled manner.
• Conduct periodic internal reviews to ensure that business units record and report data in accordance with the SAB Financial Instruction Manual and applicable to SAB standards.
• Ensure the implementation and timely closure of action points raised by internal and external auditors.
• Prepare and submit key variance reports to support effective management oversight and decision-making.
• Facilitate management reviews and obtain CFO sign-off by providing accurate information, supporting analysis, and clear explanations within the required timelines.
• Monitor regulatory KPIs against established targets, analyze variances, and provide relevant commentary and insights.
• Monitor compliance with established processes across transactions and identify opportunities for continuous improvement.
• Liaise with and support external auditors during financial audits, responding to queries and addressing issues raised during internal and external audit activities.

Qualifications and Requirements:

• Bachelor's degree in Finance, Accounting, or a related field.
• Prior relevant experience in regulatory reporting and financial reporting within the banking industry.
• Good understanding of Central Bank regulatory reporting requirements and applicable banking regulations.
• Experience in preparing and reviewing regulatory reports, financial data, variance analysis, and management reports.
• Good knowledge of financial reporting principles, internal controls, and audit requirements.