Basel Credit Risk RWA Consultant - PMO Lead (Contract)

About the role

A senior Basel credit risk RWA specialist is sought to lead a PMO-driven remediation programme at a major bank in Riyadh. The role combines technical Basel expertise with hands-on programme management, fixing the bank's credit risk RWA calculation process end-to-end while aligning several internal departments around a shared plan of action. It is a full-time on-site contract starting as soon as possible.

Key responsibilities

• Lead the PMO for the Basel credit risk RWA remediation programme, setting up governance, RAID logs and status reporting to senior stakeholders such as ALCO and the Risk Committee.
• Drive technical fixes across RWA workstreams, including exposure classification, credit risk mitigation (CRM), external credit rating (ECAI) mapping, CCF application and Q17/SAMA regulatory reconciliation.
• Coordinate and align Business, IT, Risk, Finance and Data teams who own different parts of the RWA calculation chain, securing buy-in and closing regulatory and audit observations.
• Guide and direct existing junior team members embedded at the client, who hold deep knowledge of legacy systems.
• 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.

Required profile

• 10+ years of experience in Basel credit risk RWA calculation, regulatory reporting or capital adequacy programmes within banking.
• Proven PMO/programme management experience, running governance structures and driving cross-departmental alignment in complex stakeholder environments.
• Strong stakeholder management skills, able to win buy-in from 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, is highly advantageous.

Required skills

• RWA mechanics: exposure classification, CRM, ECAI ratings, CCF application, asset classification (MSME/PSE/Default)
• Direct SAMA regulatory reporting experience strongly preferred (Q17 or equivalent)

What we offer

• Accommodation and related logistics covered for the contract duration.
• Fast-track interview process.