Assistant Vice President-Business Solutions

About the Company:

Albilad Capital, the investment arm of Bank Albilad, was established in 2008 with a current capital of 500,000,000 Saudi Riyals, licensed by the Saudi Capital Market Authority (License No. 08100-37) to provide dealing activities, arrangement, advisory, custody, investment management and funds operations as well as investment management of securities. Albilad Capital seeks to meet the needs of individual and institutional investors by providing innovative and Sharia-compliant investment products and services, including Investment Banking Advisory, Corporate Finance, Custody and Brokerage Services, in addition to Asset Management Services through Investment Funds and Discretionary Portfolio Management (DPM).

About the Role:

The AVP – Business Solutions is responsible for leading the strategic standardization and execution of business analysis practices across the company. This role owns the development and implementation of a unified BA framework that enhances requirement elicitation, improves requirement quality, and accelerates project delivery. By driving cross-functional collaboration, engaging stakeholders, and coordinating with IT and vendors, the AVP ensures that business requirements are captured accurately, efficiently, and in alignment with regulatory standards and organizational goals. This role plays a critical part in enabling transformation initiatives by delivering high-impact, techno-functional solutions that support the company business and investment strategies.

Key Responsibilities & Accountabilities:

Business Analysis Leadership

• Define and implement a standardized business analysis framework across the company.
• Ensure consistent delivery of high-quality business requirements across all units.
• Monitor and improve BA performance metrics, including turnaround time and quality.
• Lead the development and adoption of BA tools, templates, and best practices.

Stakeholder Engagement & Requirement Management

• Facilitate structured requirement elicitation sessions with internal stakeholders.
• Validate and prioritize business needs to ensure alignment with strategic goals.
• Resolve requirement ambiguities through collaborative analysis and documentation.
• Maintain strong relationships with business units to ensure ongoing alignment and feedback.

Vendor & IT Collaboration

• Coordinate with IT and vendors to ensure solutions meet business and regulatory requirements.
• Support vendor selection and evaluation processes from a business analysis perspective.
• Translate business needs into functional specifications for external solution providers.
• Monitor vendor deliverables to ensure alignment with documented requirements.

Regulatory & Domain Expertise

• Ensure all business requirements comply with Saudi regulatory frameworks.
• Integrate capital markets domain knowledge into requirement analysis and solution design.
• Act as a subject matter expert on investment products and operational processes.
• Liaise with compliance and legal teams to validate regulatory alignment of solutions.

Team Direction & Capability Building

• Mentor and develop junior business analysts to build internal capability.
• Set clear goals and execution plans for cross-functional project teams.
• Promote a culture of continuous improvement and knowledge sharing within the BA function.
• Lead performance reviews and provide feedback to enhance team effectiveness.

Qualifications:

Education

• Bachelor’s degree in (technology).
• CBAP, TOGAF or business analysis certifications is a plus.

Experience

• Minimum 8-12 years’ experience in financial services industry with at least 3 years in capital markets working in technology department.

Required Skills:

• Competent knowledge in English and Arabic, Spoken and Written.
• In-depth knowledge about CMA, Saudi Regulators and relevant regulations.
• Strong leadership skills with the ability to lead and motivate a team.
• Excellent communication and interpersonal skills for effective collaboration.
• Strong analytical and problem-solving skills for issue resolution.