The Academy of Finance extends its sincere gratitude and appreciation to all those who participated in the phases of this project from various organizations to experienced professionals for their fruitful efforts and active participation that contributed to reflect the existing practices of the Saudi financial market and bring them in line with the best applicable standards to bring the industry to global best practice. Will follow a 4-layer architecture that reflects the market structure and typical roles in the market, with a description at the bottom level.
BANKING
Retail Banking
Corporate BankingPayment Systems
SME Banking
Segment Definition
Banking
The FS Competency Framework Structure
Job Family
Job Family Job Family Code
Job Family Code
Job Family Code Delivery Channels
Job Family Definition
Job Family CodeTreasury
Job Family Code Product Development
Settlement covers everything from preparing the documentation required for a sale to ensuring that the company has been paid for all the shares it has sold and bought. Responsible for taking control of the property when a borrower is unable to pay full principal and interest on their loan.
Job Family CodeSharia Advisory
Job Family Code AI and Data Science
Job Family Code Facilities Management
Job Family CodeInternal Audit
Job Family CodeProcurement
Job descriptions provide the financial sector with a highly standardized tool to align professional skills and introduce financial sector professionals to new job opportunities.
Job role descriptions provide the Financial Sector with a strong standardised tool to match professional skills and expose Financial Sector professionals to new job opportunities. Each job role
4-6 competencies
3 core competencies, shared by all job roles in the same sector
Technical competencies, mapped based on skills needed for successful performance
Introduction
Job FamilyJob Family Code
Banking Job Families and Job Role Breakdown
Banking OperationsBBO
Customer careBCC
Credit ModellingBCE
Corporate GovernanceBCG
Collateral ManagementBCM
Compliance, AML, and CTFBCO
Corporate StrategyBCP
Collection and RecoveryBCR
Clearing, Reconciliation and SettlementsBCS
CreditBCT
Cyber SecurityBCY
Job role rank Job role code Job role Page
Delivery ChannelsBDC
AI and Data ScienceBDS
Financial AdvisoryBFA
FinanceBFI
Facilities ManagementBFM
Human ResourcesBHR
Internal AuditBIA
Investor RelationsBIR
Information TechnologyBIT
LegalBLE
MarketingBMA
Project ManagementBPA
Product DevelopmentBPD
Portfolio ManagementBPM
ProcurementBPR
Risk ManagementBRM
Sharia Advisory and ResearchBSA
Sharia Compliance and AuditBSC
TreasuryBTR
Job role profile
Job family code Job family title Job role code Job role title
BBO Banking Operations BBO50 Head of Banking Operations
Core Competencies
Technical Competencies
Accountabilities Competencies
Behavioral Competencies
Banking Operations Team Lead
Perform start of day and end of day processes, generate daily reports that capture all types of operation activities.
Banking Operations Administrator
Approve and ensure implementation of customer care function policies and procedures and ensure its effectiveness. Manage the customer care function and ensure it complies with regulatory requirements as well as market standards.
Customer Care Manager
Customer Care Associate
Contribute to the formulation of the overall organization's strategy, in collaboration with others on the executive team, focusing on the organization's credit modeling function. Approve and ensure implementation of credit modeling function policies and procedures and ensure their effectiveness. Manage credit modeling function and ensure it meets regulatory requirements as well as market standards.
Credit Modelling Manager
Develop the statistical analysis credit models according to customers' needs taking into account the changing factors that determine an accurate credit score. Use statistical analysis excluding subjective factors to ensure consistency of data and accuracy of the modeling factors to make the process fair, transparent and protect consumers. Develop factor weights according to the importance of the risk predictors, and ensure accurate input into the model.
Credit Modelling Analyst
Contribute to the formulation of the overall organization's strategy in collaboration with others in the executive board with a focus on the organization's corporate governance function. Manage the corporate governance function and ensure it adheres to regulatory requirements and best practices.
Corporate Governance Manager
Corporate Governance Analyst
Contribute to shaping the organization's overall strategy in collaboration with others on the executive team, with a focus on the organization's collateral management function. Approve and ensure the implementation of policies and procedures of the insurance management function and ensure their effectiveness. It manages the property insurance management function and ensures its compliance with regulatory requirements and market standards.
Collateral Manager
Conduct an assessment of the adequacy of the collateral to determine the debt coverage ratio, taking into account the type of collateral and the estimated value, and make the necessary recommendations. Coordinate collateral valuation and periodic revaluation to ensure collateral value is adequate and recommend replacement or additional collateral in the event of devaluation. Process collateral foreclosure and execute collateral obligation in case of default, ensuring appropriate action is taken to sell collateral, settle debt and distribute proceeds, accounting for all costs incurred .
Head of Compliance and Anti-Money Laundering
Have due diligence procedures and forms in place that ensure all information necessary to detect AML/CTF is captured. Conduct regular audits of business operations and ensure compliance with AML/CTF rules and regulations and report suspicious transactions as per legal requirements.
Compliance Manager
AML Officer
Implement compliance programs by conducting compliance reviews and coordinate efforts related to audits, external reviews and regulatory examinations.
Compliance Administrator
Contribute to the formulation of the overall organization's strategy, in collaboration with others on the executive team, focusing on the organization's corporate strategy function. Approve and ensure implementation of corporate strategy function's policies and procedures and ensure their effectiveness. Manage corporate strategy function and ensure compliance with regulatory requirements as well as market standards.
Corporate Strategy Manager
Corporate Strategy Specialist
Contribute to formulating the organization's overall strategy, in collaboration with others in the management team, focusing on the collection and recovery function of the organization. Approve and ensure the implementation of collection and recovery policies and procedures and ensure their efficiency. Manage collection and recovery and ensure it meets legal requirements and market standards.
BCR Collection and Recovery BCR40
Collection Manager
BCR Collection and Recovery BCR20
Collection Officer
BCS Clearing, Reconciliation BCS40 and Settlements
Clearing and Settlements Manager
BCS Clearing, Reconciliation BCS10 and Settlements
Clearing and Settlements Administrator
Contribute to formulating the overall strategy of the organization, in collaboration with others in the executive team, focusing on the credit function of the organization.
Credit Manager
Assesses overall risk related to complex requests for new or additional lines of credit and reports results to management for approval/denial. Participate in setting organizational risk criteria, credit lines and credit limits, as well as loan repayment conditions.
Credit Specialist
Process customer loan applications and review document requirements as outlined in the credit policy to ensure completion. Assist with the financial analysis, credit transactions and approval process, including assistance with reviews of loan documents prior to closing.
Head of Cyber Security
Develop cybersecurity governance, risk and compliance frameworks and ensure compliance with standards and applicable regulations.
Senior Cyber Security Specialist
Support with operational cyber security activities, including but not limited to vulnerability scanning and penetration testing.
Head of Delivery Channels
Branch Manager
Accountabilities Competencies (channel specialisation)
Alternative Channel Specialist
Ensure tellers follow procedures accurately to reduce fraud and ensure KYC is performed for new and existing customers. Maintain, audit and balance cash drawers and ensure that daily operations are correctly entered into the system.
Teller
Contribute to the formulation of the overall organization's strategy in collaboration with others in the executive board with a focus on the organization's data science function. Approve and ensure implementation of data science function policies and procedures and ensure its effectiveness. Manage the data science function and ensure it complies with regulatory requirements as well as market standards.
Data Science Manager
Develop different types of machine learning and data science models using complex and advanced algorithms.
Data Science Analyst
Head of Financial Advisory
Design financial strategies and comprehensive plans according to clients' situations and requirements ensuring adherence to fiduciary responsibility at all times.
Financial Advisor
Head of Finance
Asset Liability Management Manager
Senior Zakat and Tax Specialist
Monitor cash management processes, identify non-standard activity, exceptions or non-adherence to financing and ALM policies, and escalate to management. Coordinate the communication with banks, including drafting requests for proposal (RFP), negotiating terms of financing and legal document review.
Senior Finance Specialist
Asset Liability Management Specialist
Perform all types of financial activities including, but not limited to, preparation of liquidity forecasting and monthly liquidity request.
BFM Facilities Management BFM50
Head of Facilities Management
BFM Facilities Management BFM30
Facilities Management Supervisor
BFM Facilities Management BFM10
Facilities Administrator
Contribute to formulating the overall strategy of the organization, in collaboration with others in the executive team, with an emphasis on the human resources function of the organization. Approve and ensure the implementation of the policies and procedures of the HR function and ensure their efficiency. Manage the HR function and ensure it meets legal requirements and market standards.
Talent Acquisition Manager
Develop and evaluate reward strategy in line with an organization's overall strategy and maintain internal equity and external competitiveness. Oversee the process of job analysis, keep up to date job descriptions in accordance with the market standards.
Learning and Development Manager
Manages the promotion of employee well-being, such as resolving human relations issues and promoting employee health and well-being to maintain a productive and harmonious workplace. Oversee employee services including but not limited to employee data, payroll plan, benefits programs, …etc.
Senior Talent Acquisition Specialist
Accountabilities Competencies Development Specialist
Senior Learning and Development Specialist
Accountabilities CompetenciesSpecialist
Talent Acquisition Specialist
Learning and Development Specialist
Talent Acquisition Coordinator
Accountabilities CompetenciesAdministrator
Human Resource Operations Administrator
Contribute to the formulation of the overall organization's strategy, in collaboration with others on the executive team, focusing on the organization's internal audit function. Approve and ensure implementation of internal audit function policies and procedures and ensure their effectiveness. Manage internal audit function and ensure compliance with regulatory requirements as well as Internal Audit Standards.
BIA40
Internal Audit Manager
Review the audit work documentation to ensure that key controls have been tested and all imperative risks are being addressed. Review financial reporting to ensure accuracy and reliability of accounting guidance and compliance with applicable standards.
BIA20
Internal Audit specialist
BIR50
Head of Investor Relations
BIR Investor Relations
BIR30
Senior Investor Relations Analyst
Coordinate the organization's investor events, including but not limited to investor day, conference presentations, investor calls. Prepare internal reports and updates on stock price performance for the organization and its colleagues, investor dialogue, stock analysis reports, upcoming investor relations events,.
BIR10
Investor Relations Associate
Contribute to the formulation of the overall organization's strategy in collaboration with others in the executive board with a focus on the organization's information technology function. Approve and ensure implementation of information technology function policies and procedures and ensure its effectiveness. Manage the information technology function and ensure it complies with regulatory requirements as well as market standards.
BIT44
Network and Infrastructure Manager
BIT Information Technology
BIT42
IT Governance Manager
BIT Information Technology BIT34
Senior Network and Infrastructure Engineer
BIT Information Technology BIT32
Senior IT Governance Specialist
BIT24
Network and Infrastructure Engineer
Assist in the creation of design document and implementation of development solutions regarding the specifications, standards and procedures.
BIT22
IT Governance Analyst
Monitor and analyze hardware, software and system performance, diagnose and resolve technical issues in a timely manner.
BIT Information Technology BIT14
Network and Infrastructure Technician
Head of Legal
Assess the organization's legal risks, recommend mitigation measures and manage risks in business processes and decision making. Manage the organization's assets, including but not limited to intellectual property, and carry out procedures to protect patents, trademarks and industrial designs.
Senior Legal Specialist
Represent the organization in litigation before semi-judicial committees and judicial bodies on simple legal matters. Draft and confirm agreements, contracts and other legal documents to ensure the organization full legal rights.
Head of Marketing
Senior Markeing Specialist
Conduct online advertising, social media campaigns, email marketing campaigns, and website traffic statistics and analytics. Use marketing communication channels such as digital channels and traditional channels to achieve the organization's marketing goals. Contributes to the preparation of social media and digital marketing campaigns in line with strategy and goals.
Head of Project Management
Plan and lead various projects and programs aligned with portfolio goals and strategic objectives. Ensure all portfolio projects and programs are managed and executed in line with strategic goals and objectives. Ensure portfolio goals and objectives are met by providing support to program and project managers.
Program Manager
Project Coordinator
Contribute to formulating the overall strategy of the organization, in collaboration with others in the executive team, focusing on the product development function of the organization. Approve and ensure the implementation of policies and procedures for the product development function and ensure its efficiency. Manage the product development function and ensure it meets regulatory requirements and market standards.
Product Development Manager
Identify critical gaps in the organization's product portfolio and develop and implement product development opportunities.
Product Development Specialist
Use internal and external data sources to improve the organization's understanding of product markets, competitor activities, and customer segments.
Head of Portfolio Management
Develop a portfolio model as per risk tolerance and ensure timely rebalancing to minimize risk against a target segment. Develop innovative approaches, tools and techniques for modeling changes in loan portfolio performance and ensuring proper risk mitigation management.
Assistant Portfolio Manager
