Manager / Senior Manager - FAAS, Private Equity

Ernst & Young AE; Riyadh; On-site; SAR 300,000 - 500,000; Full time

Job summary

Ernst & Young AE is seeking a Manager to join FAAS within Banking and Capital Markets. The role combines banking domain knowledge with asset management, private equity accounting, and operational excellence to deliver finance transformation engagements.

You will lead advisory programs across target operating models, governance, and technology-enabled change, while coordinating with client stakeholders across finance, operations, risk, and technology to achieve practical roadmaps and measurable

Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Economics or related discipline.
• Professional qualifications (CA/CPA/ACCA/CFA) advantageous.
• Experience with Banking and Capital Markets clients preferred.
• Fluency in English; Arabic language capability would be an advantage for regional client delivery.

Responsibilities

• Lead and support advisory engagements across finance transformation and operating model design.
• Manage client stakeholders across business, finance, technology, risk, and compliance.
• Develop workplans, governance structures, and boardroom-ready materials.
• Coach and supervise junior team members to ensure quality and timely delivery.

Skills

Structured problem-solving

Stakeholder management

Communication skills

Project management

Business development

Coaching juniors

Education

Bachelor’s degree in Finance, Accounting, Business, Economics or related

CA / CPA / ACCA / CFA or equivalent

Tools

ERP/finance systems

Data analysis tools

Job description

We are seeking a Manager to join the Financial Accounting Advisory Services FAAS practice within Banking and Capital Markets practice This role requires a strong combination of banking domain knowledge Asset Management Private Equity Accounting and Operational Excellence

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

Experience

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

Qualifications

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.