Manager FAAS Private Equity Operational Excellence

About the Role

EY is seeking a Manager to join the Financial Accounting Advisory Services (FAAS) practice within the Banking and Capital Markets sector. This full-time role is based in Riyadh, Saudi Arabia, and requires a strong combination of banking domain knowledge, asset management, private equity accounting, and operational excellence expertise.

Key Responsibilities

• Lead and support Banking and Capital Markets advisory engagements across finance transformation, operating model design, core banking modernization, digital channels, data, controls, and technology-enabled change.
• Lead and support asset management and private equity advisory engagements in finance and operating model design at both the management company and portfolio company levels.
• Work with client stakeholders across business, finance, operations, technology, risk, and compliance to assess current challenges, define target requirements, and develop implementation roadmaps.
• Translate banking strategy and business requirements into actionable work plans, process designs, capability maps, target operating models, governance structures, and implementation deliverables.
• Support large-scale transformation and implementation programs, including governance, PMO setup, milestone tracking, RAID management, business readiness, change adoption, and executive reporting.
• Contribute to business development activities such as proposal development, credentials, scope definition, effort estimation, client presentations, and boardroom-ready materials.
• Coach and manage junior team members, ensuring high-quality analysis, structured problem-solving, strong documentation, and timely delivery of client outputs.

Skills and Attributes for Success

• Strong structured problem-solving skills to break down complex banking issues into clear hypotheses, analyses, and recommendations.
• Excellent stakeholder management skills, with the ability to engage confidently with client teams across various functions.
• Strong written and verbal communication skills, including the ability to develop executive-level presentations, reports, and documentation.
• Ability to manage multiple workstreams, prioritize tasks, meet deadlines, and maintain high-quality delivery standards in a fast-paced consulting environment.
• Commercial mindset to identify client needs, support proposal development, and contribute to practice growth.
• Experience coaching junior consultants and reviewing deliverables for analytical rigor and professional quality.

Qualifications and Requirements

• 5–7 years of relevant professional experience, preferably gained within a top-tier consulting firm, Big Four advisory practice, financial services technology advisory firm, or a leading banking transformation environment.
• Strong experience serving Banking and Capital Markets clients, with exposure to various banking products.
• Strong experience serving asset management and private equity clients, including familiarity with different fund structures.
• Demonstrated experience in transformation programs within the asset management, private equity, and banking sectors.
• Experience working with core banking platforms, digital banking channels, payments platforms, workflow tools, data platforms, reporting systems, ERP/finance systems, CRM, treasury systems, or other banking technologies.
• Experience with asset management technology platforms.
• Familiarity with leading AI use cases in the banking market.
• Practical understanding of how banks operate across front office, middle office, back office, finance, operations, risk, technology, and control functions.
• Experience supporting implementation projects, including requirements gathering, solution assessment, vendor coordination, testing support, and business readiness.
• Bachelor’s degree in Finance, Accounting, Business, Economics, or a related discipline.
• Professional qualifications such as CA, CPA, ACCA, CFA, or relevant certifications are advantageous.

Ideal Candidate Profile

• Strong understanding of core banking products and processes, including customer onboarding, account servicing, lending, deposits, payments, and financial reporting touchpoints.
• Familiarity with core banking and peripheral banking technology landscapes, including digital channels, mobile and internet banking, middleware, and enterprise data platforms.
• Strong understanding of private equity fund structures and asset management operations.
• Ability to assess banking operating models across people, process, technology, data, governance, controls, and service delivery dimensions.
• Strong appreciation of the role of data, controls, automation, and technology architecture in supporting reliable, scalable, and compliant banking operations.
• Ability to identify, assess, and prioritize AI and automation opportunities across banking back-office functions.
• Working knowledge of transformation delivery methodologies, including waterfall, agile, hybrid delivery, PMO governance, business case development, benefits tracking, and change management.

Application Process

To apply for this role, please submit your application. EY is committed to creating an equitable and inclusive recruitment experience; please inform us of any disability-related adjustments or accommodations you may need.