Manager - FAAS, Private Equity, Operational Excellence

Ernst & Young AE; Riyadh; On-site; SAR 270,000 - 420,000; Full time

Job summary

Ernst & Young AE is seeking a seasoned consultant to lead banking and cap markets advisory engagements in Riyadh. You will design finance operating models, drive transformation programs, and collaborate with stakeholders across finance, technology, risk, and compliance.

The role emphasizes governance, program management, and executive-level communication, with a focus on delivering client-ready insights and scalable solutions.

Qualifications

• 5–7 years of relevant professional experience in top-tier advisory or Financial Services technology.
• Experience serving Banking & Capital Markets clients with core platforms knowledge.
• Experience with asset management and private equity sectors.
• Familiarity with fund structures and operating model redesign.
• Experience in transformation programmes including data, technology and governance.

Responsibilities

• Lead and support advisory engagements across finance transformation and banking modernization.
• Design operating models, governance structures, and target-state roadmaps.
• Collaborate with client stakeholders across business, finance, tech, risk, and compliance.
• Translate strategy into actionable workplans and implementation deliverables.
• Support large-scale transformation programs, including PMO setup and benefits tracking.
• Contribute to business development, proposals, and client presentations.
• Coach junior consultants ensuring high-quality analysis and timely delivery.

Skills

Banking & Cap Markets

Finance transformation

Operating model design

PMO governance

Stakeholder management

Executive reporting

Structured problem solving

Team coaching

Education

Bachelor's in Finance/Accounting/Business/Economics

CA/CPA/ACCA/CFA or equivalent

Job description

Your key responsibilities

• Lead and support Banking and Capital Markets advisory engagements across finance transformation operating model design core banking modernisation digital channels data controls and technology-enabled change
• Lead and support asset management private equity advisory engagements across finance operating model design both as the management company level and at the portfolio company levelStrong understanding of fund controllership and fund accounting principles and practices
• Work with client stakeholders across business finance operations technology risk and compliance functions to assess current-state challenges define target-state requirements and develop practical implementation roadmaps
• Translate banking strategy and business requirements into actionable workplans process designs capability maps target operating models governance structures and implementation deliverables
• Support large-scale transformation and implementation programmes including programme governance PMO setup milestone tracking RAID management business readiness change adoption and executive reporting
• Contribute to business development activities including proposal development credentials scope definition effort estimation client presentations and preparation of boardroom-ready materials
• Coach and manage junior team members ensuring high-quality analysis structured problem solving strong documentation and timely delivery of client outputs

Skills and attributes for success

• Strong structured problem-solving skills with the ability to break down complex banking issues into clear hypotheses analyses and recommendations
• Excellent stakeholder management skills with the ability to engage confidently with client teams across business finance technology operations and risk functions
• Strong written and verbal communication skills including the ability to develop executive-level presentations reports process documentation and decision-ready materials
• Ability to manage multiple workstreams prioritize tasks meet deadlines and maintain high-quality delivery standards in a fast-paced consulting environment
• Commercial mindset with the ability to identify client needs support proposal development and contribute to the growth of the FAAS Banking and Capital Markets practice
• Experience coaching junior consultants and reviewing deliverables to ensure analytical rigour traceability and professional quality

To qualify for the role

• you must have 5 7 years of relevant professional experience preferably gained within a top-tier consulting firm Big Four advisory practice financial services technology advisory firm or a leading banking transformation environment
• Strong experience serving Banking and Capital Markets clients with exposure to retail banking corporate banking transaction banking treasury payments lending deposits cards trade finance capital markets or related banking products
• Strong experience serving asset management and private equity clients
• Familiarity with different types of fund structures
• Demonstrated experience in transformation programmes within the asset management private equity and banking sector including operating model redesign process improvement technology implementation digital transformation core banking modernisation or large-scale programme delivery
• Experience working with or around core banking platforms digital banking channels payments platforms workflow tools data platforms reporting systems ERP finance systems CRM treasury systems or other technologies that support day-to-day banking operations
• Experience with asset management technology platforms
• Familiarity with leading AI use cases in the banking market including intelligent document processing GenAI-enabled reporting AI-assisted credit analysis anomaly detection predictive controls intelligent reconciliations workflow automation and AI-enabled back-office productivity improvements
• Practical understanding of how banks operate across front office middle office back office finance operations risk technology and control functions
• Experience supporting implementation projects including requirements gathering solution assessment vendor coordination testing support business readiness cutover planning hypercare or benefits tracking
• Bachelor s degree in Finance Accounting Business Economics or a related discipline Professional qualifications such as CA CPA ACCA CFA or relevant certifications will be advantageous Prior experience in a top-tier consulting firm or advisory environment serving Banking and Capital Markets clients is strongly preferred Fluency in English is required Arabic language capability would be an advantage for regional client delivery Ideally you ll also have

Strong understanding of core banking products and processes including customer onboarding account servicing lending deposits payments cards transaction banking treasury and financial reporting touchpoints Familiarity with core banking and peripheral banking technology landscapes including digital channels mobile and internet banking middleware payments infrastructure enterprise data platforms reporting tools and operational workflow solutions Strong understanding of private equity fund structures and asset management operations Ability to assess banking operating models across people process technology data governance controls and service delivery dimensions Strong appreciation of the role of data controls automation and technology architecture in supporting reliable scalable and compliant banking operations Ability to identify assess and prioritize AI and automation opportunities across banking back-office functions including operations finance reconciliations reporting controls onboarding support service request management and exception handling Working knowledge of transformation delivery methodologies including waterfall agile hybrid delivery PMO governance business case development benefits tracking and change management Bachelor s degree in Finance, Accounting, Business, Economics or a related discipline. Professional qualifications such as CA, CPA, ACCA, CFA, or relevant certifications will be advantageous. Prior experience in a top-tier consulting firm or advisory environment serving Banking and Capital Markets clients is strongly preferred. Fluency in English is required; Arabic language capability would be an advantage for regional client delivery.