Basel Credit Risk RWA Consultant - PMO Lead (Contract)
At a glance
Senior Risk & Financial Compliance role at Capitex. Riyadh.
Pay not stated Risk & Financial Compliance salary
financeroles summary, based on the employer's posting.
What you'll do
- Run the PMO for the remediation effort, setting governance, tracking risks and issues, and updating senior forums
- Drive corrections to RWA calculations across exposure classification, CRM, rating mappings, CCF, and regulatory reconciliation
- Bring Business, IT, Risk, Finance, and Data teams into alignment and close audit or regulatory findings
- Guide junior client team members, prepare executive updates, and handle escalations to governance groups
- Support related Basel work on counterparty credit risk and market risk RWA when needed
What you bring
- At least ten years working on Basel credit RWA, regulatory reporting, or banking capital adequacy programmes
- Practical command of RWA mechanics, including exposure treatment, CRM, rating inputs, CCF, and asset classes
- PMO or programme leadership experience, including governance and alignment across departments with competing priorities
- Direct SAMA reporting work is strongly preferred, such as Q17 or an equivalent process
Who this fits
This senior contract suits someone who combines technical Basel credit RWA knowledge with hands-on programme leadership. You must work full-time on-site in Riyadh for the contract period, or be able to relocate there. Accommodation and related logistics are covered.
From the employer
Job Title: Basel Credit Risk RWA Consultant – PMO Lead (Contract)
Location: Riyadh, Saudi Arabia (full-time on-site)
Start Date: ASAP / within 2 weeks
About the Role
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 workstreams, 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 (counterparty credit risk, market risk RWA) as needed
What We're Looking For
- 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
Contract Details
- Full-time on-site presence in Riyadh required
- Accommodation and related logistics covered for the contract duration
- Fast-track interview process
Risk & Financial Compliance work from LinkedIn, X, Reddit and Upwork, in one list.
Each morning you get everything that fits, strongest first.
Risk & Financial Compliance
Find me workBy the team behind financeroles.