Title: Assistant Vice President, Market & Liquidity Risk
Location: Riyadh, Saudi Arabia
About the Client
Our client is a leading regional banking group. They are seeking an Assistant Vice President, Market & Liquidity Risk to strengthen risk oversight for their Riyadh office, supporting balance sheet management, liquidity control, and operational risk governance at the branch level.
Key Responsibilities
- Support the management of core prudential risks - counterparty, leverage, liquidity, interest rate, currency, and other market exposures - across the branch's portfolio.
- Advise senior management on current and emerging risk exposures, contributing to capital and liquidity strategy in light of the prevailing macroeconomic environment.
- Drive the branch's transition toward more advanced methodologies for measuring and capitalising operational risk.
- Liaise with Compliance on regulatory developments and assess their impact on the branch's risk profile.
- Deliver timely, accurate risk reporting to management committees, auditors, and regulators as required.
- Review and refine portfolio risk procedures in line with Basel standards, SAMA regulations, and evolving market conditions.
- Monitor exposure limits across counterparties, related-party transactions, credit concentration, and liquidity positions using appropriate risk systems and MIS tools.
- Support remediation of findings raised through internal/external audits or regulatory examinations.
- Take ownership of operational risk oversight for the branch, covering fraud, business disruption, process failures, and client/product-related risk events.
Key Requirements
- Bachelor's degree in Finance, Economics, Mathematics, or a related quantitative discipline; Master's degree preferred.
- Professional certification such as CFA, FRM, or CPA advantageous.
- 10+ years experience in international banking, with a strong focus on liquidity risk, ALM, and stress testing methodologies.
- Solid grounding in market risk, VAR, and interest rate risk modelling.
- Strong understanding of operational risk frameworks across banking products and processes.
- Excellent stakeholder management and communication skills, with the ability to work independently across multiple priorities.
- Sound knowledge of relevant regulatory frameworks, IFRS, and industry best practices.
- Detail-oriented, self-motivated, and comfortable operating in a fast-paced, deadline-driven environment.
