Job Title: Credit Risk Consultant — FS Risk Analytics
Location: Riyadh, Saudi Arabia
Employment type: Full-time
Environment: Leading Global Consultancy – FS Advisory Practice
About the Role
Supported — candidates from UK, France, Germany, Singapore and similar markets actively encouraged
A leading global consultancy is seeking an experienced Credit Risk Consultant to join its FS Advisory — Risk Analytics practice in Riyadh. This role focuses on supporting banks and financial institutions across the GCC with a comprehensive range of credit and enterprise risk services, including model development, validation, governance frameworks, and portfolio analytics. This is a senior, hands-on consulting position.
Key Responsibilities
• Lead and contribute to credit risk modelling engagements for major banking clients.
• Develop data-driven and expert-judgement-based models for retail and wholesale portfolios, including PD, LGD, EAD, and scorecards.
• Perform statistical and qualitative validation of risk models using methods such as BIS Working Paper 14.
• Build and enhance model governance frameworks, encompassing policies, procedures, and lifecycle management.
• Conduct portfolio analytics, including slicing/dicing, root-cause analysis, and segment performance reviews.
• Automate manual reporting processes using statistical tools and develop AI/ML models for client decision support.
• Mentor and guide junior team members on consulting engagements.
• Present findings and recommendations to senior client stakeholders, including boards and regulators.
Your Profile
• 10+ years of experience in leading consultancies (FS Advisory) or credit risk/ERM functions within banks.
• Mandatory international experience and prior exposure to large investment banks; local-market-only profiles will not be considered.
• Strong educational background: Bachelor’s/Master’s in a quantitative discipline (Maths, Statistics, Science, Engineering), MBA (Finance) from a leading business school, or Chartered Accountancy.
• Certifications such as FRM, SCR, or CFA are advantageous.
• Fluent in at least one data and modelling language: R, SAS, or Python.
• Expert-level proficiency in Excel, PowerPoint, and Word.
• Proven ability to manage and mentor junior team members.
• Confident in presenting to senior client audiences.
• Fluent in English.
What’s Offered
• Permanent role based in Riyadh.
• Competitive salary
• Relocation support provided.
• Opportunity to work with major financial institutions in the GCC.
• Exposure to a wide spectrum of credit and enterprise risk services.
• Professional development and career growth within a leading global consultancy.
Ideal Candidate
The ideal candidate possesses a strong blend of creative thinking and rigorous quantitative analysis, with a proven track record in credit risk modelling and consultancy. You are a high-energy, self-starting individual with excellent communication skills, capable of managing competing priorities and presenting complex information to senior stakeholders with confidence and discretion. Experience working with international clients and diverse teams is essential.
