Regulatory Quality Assurance Manager📣 Job Ad

About the Role

SAB is seeking a Regulatory Quality Assurance Manager to join its Financial Quality Assurance department. This full-time position is based in Riyadh.

Role Overview

The Regulatory Quality Assurance Manager will be responsible for overseeing and enhancing the standardized Regulatory Reporting Quality Assurance Framework. This role is critical in ensuring the accuracy, completeness, and compliance of key reports submitted to SAMA (Saudi Central Bank) by various finance and non-finance departments.

Core Responsibilities

• Manage and continuously improve the standardized Regulatory Reporting Quality Assurance Framework across all departments producing key SAMA reports.
• Review and update testing methodologies, control checklists, and validation templates to assess report accuracy and completeness.
• Oversee procedures for identifying, escalating, and remediating errors and control weaknesses prior to report submission.
• Ensure QA reviews are properly documented, traceable, and compliant with audit and regulatory standards.
• Conduct regular and thematic QA reviews on all key SAMA reports (monthly, quarterly, bi-annual).
• Perform data lineage validation, verifying consistency between source systems, financial ledgers, and regulatory templates.
• Test the operational effectiveness of key reporting controls and recommend remediation actions.
• Track and follow up on corrective actions to ensure sustainable improvements.
• Partner with Regulatory Reporting, Risk, Compliance, and business units to embed the QA process into the overall reporting cycle.
• Act as the first point of contact for internal and external audit reviews related to regulatory reporting controls.
• Prepare regular reporting and dashboards for senior management and SAMA on QA outcomes, control issues, and remediation progress.
• Coordinate with the Data Management Office to ensure compliance with the bank’s data governance policies.
• Actively contribute to a high-performing team environment through knowledge sharing, peer collaboration, and supporting team goals.

Qualifications and Requirements

• Bachelor’s degree in Accounting, Finance, Risk Management, or a related field.
• Experience in Finance, Regulatory Reporting, or Internal Controls within the banking sector.
• Strong understanding of SAMA regulatory requirements, prudential reporting standards, and governance expectations.
• Proven experience in control assurance, audit, or quality review roles.
• Excellent analytical, communication, and stakeholder management skills.

Work Environment

This is a full-time position located in Riyadh.