# Basel Credit Risk RWA Consultant - PMO Lead (Contract)

> Capitex · Riyadh, Saudi Arabia · — · Posted 2026-07-15

**Workplace:** on_site

## Description

**Job Title: Basel Credit Risk RWA Consultant – PMO Lead (Contract)**

**Location:** Riyadh, Saudi Arabia (full-time on-site)  
**Start Date:** ASAP / within 2 weeks

**About the Role**

We're seeking a senior Basel credit risk RWA specialist to lead a PMO-driven remediation programme at a major bank in Riyadh. This role sits at the intersection of technical Basel expertise and hands-on programme management — you'll be driving fixes to the bank's credit risk RWA calculation process end-to-end while aligning multiple internal departments around a shared plan of action.

**What You'll Do**

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

**What We're Looking For**

-   10+ years' experience in Basel credit risk RWA calculation, regulatory reporting, or capital adequacy programmes within banking
-   Hands-on technical knowledge of RWA mechanics: exposure classification, CRM, ECAI ratings, CCF application, asset classification (MSME/PSE/Default)
-   Direct SAMA regulatory reporting experience strongly preferred (Q17 or equivalent)
-   Proven PMO/programme management experience — comfortable running governance structures and driving cross-departmental alignment in complex stakeholder environments
-   Strong stakeholder management skills; able to secure buy-in from multiple 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, highly advantageous

**Contract Details**

-   Full-time on-site presence in Riyadh required
-   Accommodation and related logistics covered for the contract duration
-   Fast-track interview process

## Apply

[Apply at Capitex](https://apply.workable.com/capitex/j/C16552AB88/apply)

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