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. Show more Show less