Associate - Strategy Consultant

Leading Edge; Riyadh; On-site; SAR 80,000 - 120,000; Full time

Job summary

A leading consulting firm in Riyadh is seeking a Strategy Associate / Senior Associate specializing in Banking Transformation. The ideal candidate will possess 2-5 years of experience in strategy or consulting, with a strong understanding of banking and financial services. This role involves supporting the development of strategic initiatives, conducting market analyses, and collaborating with cross-functional teams. Exceptional analytical and presentation skills are essential. An MBA is preferred, along with proficiency in PowerPoint and Excel.

Qualifications

• 2-5 years of experience in strategy, consulting, or transformation.
• Understanding of banking, financial services, or fintech ecosystems.
• Experience in top-tier strategy consultancies is a plus.

Responsibilities

• Support the development of corporate and business unit strategies.
• Conduct market, financial, and competitive analysis.
• Prepare strategic roadmaps, business cases, and presentations.
• Contribute to transformation and profitability improvement programs.
• Analyze market trends and financial performance data.
• Collaborate with product, finance, risk, and technology teams.

Skills

Analytical skills

Problem-solving ability

Presentation skills

Communication skills

Education

Bachelors or Masters degree in Business, Economics, Finance

Tools

PowerPoint

Excel

Financial modeling tools

Job description

Strategy Associate / Senior Associate Banking Transformation

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:

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.