Basel Credit Risk RWA Consultant - PMO Lead (Contract)

Capitex; Riyadh; On-site; SAR 350,000 - 550,000; Full time

Job summary

Capitex is seeking a senior Basel credit risk RWA consultant to lead a PMO-driven remediation programme in Riyadh. The role combines technical Basel expertise with hands-on programme management to drive end-to-end fixes in the bank's RWA calculation process.

You will coordinate multiple departments, guide junior colleagues, prepare executive packs, and support broader regulatory alignment, with an on-site full-time contract in Riyadh.

Qualifications

• 10+ years' experience in Basel credit risk RWA or capital adequacy programmes.
• Hands-on knowledge of RWA mechanics: exposure classification, CRM, ECAI ratings, CCF, asset classification.
• Direct SAMA regulatory reporting experience is strongly preferred.
• PMO/programme management experience with cross-department alignment.
• Strong stakeholder management and ability to secure buy-in from multiple departments.

Responsibilities

• Lead the PMO for a Basel credit risk RWA remediation programme, establishing governance, RAID logs, and status reporting to senior stakeholders.
• Drive technical fixes across RWA workstreams (exposure classification, CRM, ECAI mapping, CCF, asset classification).
• Coordinate stakeholders across multiple departments to secure buy-in and close regulatory observations.
• Guide and direct junior team members embedded at the client with legacy system knowledge.
• Prepare executive communication packs and manage escalations for senior governance forums.
• Support broader Basel/RWA regulatory alignment work as needed.

Skills

Basel credit risk RWA

PMO governance

Regulatory reporting (SAMA)

Stakeholder management

Banking domain knowledge

Job description

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