Business Analysis Manager Business Technology

About the Role

Riyad Bank is seeking a Business Analysis Manager, Business Technology, to join its team in Riyadh. This full-time role involves supervising the transformation and modernization of the bank's new core banking system, focusing on program and project management. The manager will act as a central point of contact for the new Core Banking program, ensuring seamless interaction with stakeholders and support teams.

Role Purpose and Context

The primary purpose of this role is to lead the implementation of new Core Banking modernization initiatives. This includes managing activities such as business process re-engineering, defining functional and technical requirements, and addressing impacts on surrounding systems. The manager will ensure all activities align with the bank’s target architecture, strategy, and objectives, providing expertise and guidance while maintaining proper controls and program governance to mitigate risks and ensure a smooth rollout.

Key Responsibilities

• Manage the new Core Banking program, including related projects, change requests, and activities, in line with approved project management policies.
• Collaborate with stakeholders to understand existing bank applications, business processes, challenges, and limitations.
• Develop the Program charter, governance framework, and project plans in accordance with Riyad Bank’s policies and procedures.
• Manage the Program budget and monitor expenditures effectively.
• Oversee project situations and propose necessary resource allocation based on project phases and progress.
• Manage all program stakeholders and project teams to deliver program requirements on time, within budget, and according to agreed scope.
• Ensure streamlined execution of assigned projects within the overall program, ensuring Project Managers comply with the project lifecycle from initiation to closure.
• Monitor program scope, timelines, budget, and resources for any slippages, issues, or risks.
• Conduct regular program reviews with stakeholders and maintain consistent communication channels.
• Ensure all deliverables to business and IT meet high quality standards and stakeholder expectations.
• Proactively manage program tasks and activities to ensure milestone completion and critical path management.
• Act as an escalation point between various project steering committees and senior management to resolve issues and risks during program delivery.
• Monitor execution progress of projects within the program, identifying deviations from plans, targets, and budgets.
• Support Project Managers in project implementation and documentation preparation to ensure compliance with bank policies.
• Manage inter-project dependencies within the assigned program and across the bank-wide portfolio.
• Lead daily check-in meetings for Project Managers within the division, reviewing assigned actions.
• Report program updates to senior management in a timely manner, adhering to bank governance standards.
• Actively manage the timely resolution of outstanding defects or issues impacting the program.
• Support in preparing key presentations, strategy documentation, and other relevant documents.
• Manage regular communication with all program stakeholders.
• Onboard required resources with appropriate skill sets and expertise.
• Contribute to identifying opportunities for continuous improvement in business processes, cost reduction, and productivity, considering international best practices in the banking industry.

Qualifications and Experience

• A minimum of 5 to 10 years of relevant experience is required for this role.

Work Environment and Compliance

The role operates within a full-time capacity in Riyadh. The incumbent will adhere to all relevant departmental policies, processes, standard operating procedures, and instructions to ensure work is carried out consistently and in a controlled manner. Compliance with all safety, quality, and environmental management policies, procedures, and controls is essential to maintain a healthy and safe work environment. The role also involves undertaking any other related duties or tasks as directed by the Bank.

Reporting and Continuous Improvement

This position assists in preparing timely and accurate reports for Riyad Bank, meeting company and department requirements, policies, and standards. The manager will actively contribute to identifying opportunities for continuous improvement in processes and practices, drawing on international best practices to enhance efficiency and productivity.