Strategy Associate / Senior Associate Banking Transformation

Leading Edge; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A prominent consulting firm is seeking a Strategy Associate/Senior Associate focusing on banking transformation in Riyadh. The role involves strategic planning, market analysis, and collaboration with senior leadership on high-impact projects. Ideal candidates have 2-5 years of experience in strategy or consulting, strong analytical skills, and proficiency in financial modeling tools. A degree in Business, Economics, or Finance is required. Competitive compensation and growth opportunities available.

Qualifications

• 2-5 years of experience in strategy, consulting, or transformation.
• Experience in Big 4 firms or top-tier strategy consultancies preferred.
• Strong understanding of banking or fintech ecosystems.

Responsibilities

• Support the development of corporate and business unit strategies.
• Conduct market and financial analysis for growth opportunities.
• Collaborate with various teams to align initiatives.

Skills

Analytical skills

Communication skills

Presentation skills

Financial modeling

Education

Bachelors or Masters degree in Business, Economics, Finance

Tools

PowerPoint

Excel

Job description

Job Title: Strategy Associate / Senior Associate Banking Transformation

Location: Riyadh, Saudi Arabia
Industry: Banking | Financial Services | Consulting
Experience Level: 2-5 years

Job Summary

Our client is seeking astrategy-focused professionals with a strong background in banking strategy, management consulting, or financial transformation.
The ideal candidate will bring analytical rigor, problem-solving ability, and experience in developing and executing strategic initiatives within the banking or financial services sector.

This role offers the opportunity to work closely with senior leadership on high-impact projects, including business transformation, product strategy, and performance optimization.

Key Responsibilities

Strategic Planning & Execution

• Support the development of corporate and business unit strategies aligned with overall banking objectives.

• Conduct market, financial, and competitive analysis to identify growth opportunities and operational efficiencies.

• Assist in preparing strategic roadmaps, business cases, and board-level presentations.

• Contribute to the design and implementation of transformation and profitability improvement programs.

Research & Insights

• Analyze market trends, customer behaviors, and financial performance data to support strategic decision-making.

• Benchmark against competitors and identify emerging opportunities in digital banking, fintech, and risk management.

• Work on scenario modeling and financial projections to support investment and growth strategies.

Stakeholder Collaboration

• Collaborate with product, finance, risk, and technology teams to align business initiatives with strategic priorities.

• Support leadership in developing performance dashboards and strategic KPIs.

• Engage with consulting partners and external stakeholders on specialized strategy or transformation projects.

Requirements

• Bachelors or Masters degree in Business, Economics, Finance, or related discipline (MBA preferred).

• 2-5 years of experience in strategy, consulting, or transformation, ideally within:

  • Big 4 firms (Deloitte, PwC, EY, KPMG), or

  • Top-tier strategy consultancies (McKinsey, BCG, Oliver Wyman, Bain & Co.)

• Strong understanding of banking, financial services, or fintech ecosystems.

• Exceptional analytical, presentation, and communication skills.

• Proficiency in PowerPoint, Excel, and financial modeling tools.