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Banking and Financial Services

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Saudi Arabia’s financial services sector continues to attract significant investment from international banks, asset managers, and financial institutions establishing Regional Headquarters (RHQs) in Riyadh, reinforcing the Kingdom’s ambition to become the leading financial hub in the Middle East.

Hiring activity remains positive but more selective than in previous years, with firms focusing on strategic growth, profitability, and market expansion. Demand is strongest for revenue-generating and client-facing professionals across corporate banking, investment banking, private banking, asset management, and insurance, particularly those with established client networks and strong business development capabilities.

At the same time, regulatory developments and digital transformation initiatives continue to support hiring across risk, compliance, fintech, digital banking, payments, and data analytics. Candidates who combine technical expertise with commercial acumen and a strong understanding of the Saudi market remain the most sought-after talent as organisations compete for market share, client acquisition, and growth opportunities.

Salary results for Wholesale Banking
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Banking and Financial Services Insights

    • Top 5 positions in demand

      1. Alternative Investments (Senior Associate/VP)
      2. Chief Compliance Officer
      3. Corporate Banking (Senior Relationship Manager/EVP)
      4. Real Estate Investments (Associate/VP)
      5. Chief Financial Officer

    • Most in-demand skills & experience

      1. Relationship management
      2. Financial modelling (real estate)
      3. Financial reporting, financial regulatory and budgeting 
      4. Strong AML/CTF laws and regulation knowledge 
      5. End-to-end deal closing experience

    • Top 5 factors people consider most important at work in Saudi Arabia

      1. Career progression & development
      2. Competitive salary & benefits
      3. Job satisfaction & organisational stability
      4. Work-life balance & flexibility
      5. Mental health & wellbeing


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