Senior Manager - Regulatory Relations at D360 Bank

D360 Bank, a leading digital banking institution in the Kingdom of Saudi Arabia, is announcing an opening for the position of Senior Manager - Regulatory Relations at its headquarters in the capital city, Riyadh. This role represents an exceptional opportunity for experienced professionals in the banking and regulatory fields to join an innovative financial institution shaping the future of digital banking services in the region.

Job Description

The Senior Manager for Regulatory Relations will be responsible for leading and managing all aspects of the relationship with key regulatory bodies in the Kingdom, primarily the Saudi Central Bank (SAMA). This role is central to the bank's governance and compliance operations, serving as the strategic liaison between the institution and its supervisors.

Key Expected Responsibilities:

• Regulatory Relationship Management: Lead and orchestrate all forms of communication with regulatory authorities, including coordinating periodic meetings, submitting required reports, and responding to formal inquiries and requests.
• Compliance & Monitoring: Continuously monitor the local regulatory landscape to identify new changes in laws, regulations, and circulars impacting the bank's operations, and ensure their translation into effective internal policies and procedures.
• Internal Coordination: Act as a central point of contact between internal departments (such as Risk, Compliance, Legal, Operations) and regulatory bodies to ensure accurate and timely information flow.
• Meeting & Examination Preparation: Oversee comprehensive preparation for regulatory meetings and on-site examination visits, including preparing presentations, support documentation, and ensuring the readiness of relevant teams.
• Reporting & Briefing: Prepare periodic analytical reports for senior management on the status of regulatory relations, potential risks, and overall compliance standing.
• Continuous Development: Contribute to developing and enhancing the regulatory relationship governance framework within the bank, proposing improvements to current policies and procedures.

Requirements & Qualifications

To be a successful candidate for this leadership role, you should meet the following criteria:

Academic Qualifications:

• A Bachelor's degree in a relevant field such as Finance, Business, Law, or Accounting. A Master's degree (e.g., MBA, Masters in Financial Law) or relevant professional certifications (e.g., CRCM, GRCP) is a strong competitive advantage.

Professional Experience:

• Minimum 8 to 10 years of experience in regulatory compliance, regulatory affairs, risk management, or internal audit within the banking or financial sector in Saudi Arabia.
• Proven, hands-on experience in direct dealings with the Saudi Central Bank (SAMA) and a deep understanding of the local financial sector regulatory framework.
• Experience in leadership or supervisory positions, with the ability to manage teams and influence stakeholders across various departments.
• Good knowledge of digital banking products and services is a significant plus.

Personal & Professional Skills:

• Deep and up-to-date knowledge of regulations and circulars issued by SAMA and related authorities.
• Exceptional written and verbal communication and interpersonal skills in both Arabic and English.
• High analytical ability to interpret complex regulatory texts and assess their operational impact.
• Negotiation and influencing skills, with the ability to represent the bank with the highest professionalism.
• Accuracy, attention to detail, and the ability to work under pressure to meet deadlines.
• High integrity and professional ethics.

How to Apply

Applications for the position are submitted via the specialized online platform Naukrigulf. Please search for the job under the title "Senior Manager - Regulatory Relations" and company name "D360 Bank" or follow the direct link if available. Ensure your CV is updated to highlight your relevant experience in regulatory management within the Saudi banking sector, citing tangible achievements. Given the sensitive nature of this role, the selection process is rigorous and may involve several rounds of interviews.

Join D360 Bank and be part of a team setting new standards for innovation and compliance in Saudi Arabia's rapidly evolving financial landscape.