Wholesale Banking Business Finance and Product Control Manager

Title: Wholesale Banking Business Finance and Product Control Manager Department: Finance - Product Control Location: Riyadh Core Responsibilities: • Support in strengthening control over Product Control processes and procedures, and to ensure that all control weaknesses are documented and reported both financial and non-financial incidents are reported to business heads and Operational Risk. • Support in reviewing new policies, regulations, procedures and guidelines to ensure smooth and timely implementation. • Work with the team to ensure Murex system set up readiness to adhere any new regulations, requirements or procedure changes. • Support in reviewing new product proposals, related accounting requirements, market risk impact analysis, etc. • Support in Murex system capability/feasibility reviews for new products to ensure timely readiness • Support in the Overall Mentoring and review of the BS and IS balances, movements and trends to identify and highlight unusual and abnormal movements and advise on corrective actions. • Support management in System Controls and Gaps and ensure effective engagement with the business to create effective partnership. • Support in developing valuable financial, feasibility, profitability and cost savings modules, while ensuring proper measuring and monitoring financial aspects in timely manners. • Support in explaining and analyzing variances in depth by identifying the real drivers and causes and recommend corrective actions. Qualifications and Requirements: • Bachelor’s degree in Finance, Accounting, Economics, or a related field. • Relevant experience in Product Control, Financial Control, or a similar role within the banking sector. • Strong knowledge of financial accounting, balance sheet analysis, financial products, market risk, and internal controls. • Familiarity with Murex systems, regulatory requirements, financial analysis, and variance analysis, with strong analytical and problem-solving skills.

Bachelor’s degree in Finance, Accounting, Economics, or a related field. Relevant experience in Product Control, Financial Control, or a similar role within the banking sector. Strong knowledge of financial accounting, balance sheet analysis, financial products, market risk, and internal controls. Familiarity with Murex systems, regulatory requirements, financial analysis, and variance analysis, with strong analytical and problem-solving skills.

Support in strengthening control over Product Control processes and procedures, and to ensure that all control weaknesses are documented and reported both financial and non-financial incidents are reported to business heads and Operational Risk. Support in reviewing new policies, regulations, procedures and guidelines to ensure smooth and timely implementation. Work with the team to ensure Murex system set up readiness to adhere any new regulations, requirements or procedure changes. Support in reviewing new product proposals, related accounting requirements, market risk impact analysis, etc. Support in Murex system capability/feasibility reviews for new products to ensure timely readiness. Support in the Overall Mentoring and review of the BS and IS balances, movements and trends to identify and highlight unusual and abnormal movements and advise on corrective actions. Support management in System Controls and Gaps and ensure effective engagement with the business to create effective partnership. Support in developing valuable financial, feasibility, profitability and cost savings modules, while ensuring proper measuring and monitoring financial aspects in timely manners. Support in explaining and analyzing variances in depth by identifying the real drivers and causes and recommend corrective actions.