Full-time Loan Officer Jobs in Riyadh

About the Role

Aajil is a fintech company focused on redefining Buy Now, Pay Later (BNPL) solutions for small and medium-sized enterprises (SMEs) in the construction and manufacturing sectors. The company provides financial tools designed to support underserved businesses. The Credit function is central to Aajil's operations, influencing risk management, capital allocation, and business growth. This role is designed to ensure that all credit decisions are well-informed, consistent, and based on sound financial analysis.

As a Credit Specialist, you will be responsible for assessing client creditworthiness, supporting financing decisions, and maintaining the integrity of credit processes. This early-career position requires accuracy, structured thinking, and consistent execution, with close collaboration with internal teams to translate financial data into actionable insights.

Key Responsibilities

• Review and interpret financial statements and supporting documentation to assess client creditworthiness.
• Apply credit ratios and basic risk metrics to form structured evaluations of client financial health.
• Prepare clear and concise credit assessments detailing findings and recommendations.
• Communicate credit assessment findings to relevant stakeholders to support informed financing decisions.
• Operate within established credit workflows and systems, ensuring consistency and accuracy in case processing.
• Ensure timely processing of credit applications and related documentation.
• Work closely with internal teams to facilitate the efficient progression of cases through the credit lifecycle.
• Maintain alignment and clarity across different departments involved in the credit process.

Qualifications and Requirements

• 1-3 years of experience in credit, finance, accounting, or a related field.
• Bachelor's degree in Finance, Accounting, or a related discipline.
• Strong ability to read and interpret financial statements.
• Familiarity with credit analysis principles and basic risk metrics, such as liquidity and leverage ratios.
• Strong organizational and time management skills.
• Ability to work independently within structured workflows.
• Fluency in both Arabic and English is required.

Required Skills

• Credit Analysis
• Financial Statement Interpretation
• Risk Metrics Assessment
• Organizational Skills
• Time Management
• Clear Communication

Work Environment

This is a full-time position based in Riyadh, Saudi Arabia. The role is suitable for individuals with 0-1 years of experience, offering a structured environment to develop credit analysis skills.

About the Role

Dnaneer Financing is seeking a skilled Credit Analyst to join its team in Riyadh, Saudi Arabia. This full-time position is designed for individuals with 2-5 years of experience in credit analysis within the banking, fintech, or financial services sectors. The Credit Analyst will be responsible for assessing the creditworthiness of potential clients, contributing to informed lending decisions.

This role requires a solid understanding of financial principles, strong data interpretation capabilities, and familiarity with the Saudi Arabian credit market and its regulatory framework. The successful candidate will play a key part in evaluating financial risks and ensuring adherence to relevant regulations.

Key Responsibilities

• Conduct thorough credit analysis of potential borrowers, evaluating financial statements, credit history, and other pertinent data.
• Develop and maintain financial models to assess risk and forecast financial performance.
• Interpret complex financial data to provide clear and concise recommendations on credit applications.
• Ensure all credit assessments and decisions comply with SAMA regulations and internal policies.
• Monitor existing loan portfolios and identify potential risks or early warning signs.
• Collaborate with internal teams to facilitate the lending process and manage client relationships.

Qualifications and Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• A minimum of 2 years of experience in credit analysis, preferably within banking, fintech, or financial services.
• Demonstrated proficiency in financial modeling and data interpretation.
• Familiarity with Saudi Arabian Monetary Authority (SAMA) regulations.
• Understanding of the Saudi credit market dynamics.
• Proficiency in Microsoft Excel.
• Excellent written and verbal communication skills in both English and Arabic.

Additional Skills and Experience

• Proficiency in Financial Modeling and Data Interpretation.
• Expertise in Microsoft Excel.
• Experience with Credit Systems is considered a plus.
• Familiarity with SAMA regulations and the Saudi credit market is essential.
• Progress towards CFA, FRM, or CAIA certifications is desirable.
• Experience in SME or corporate lending is a plus.
• Exposure to lending platforms or digital credit products is advantageous.
• Knowledge of EWS frameworks or early warning tools is beneficial.

Work Details

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 2-5 years of relevant experience in credit analysis.

About the Role

Atmaal is looking for a Saudi national to join the Retail Credit Quality Assurance team. This is an entry-level position suitable for recent graduates or individuals with up to one year of experience, who are looking to build a career in credit risk, quality assurance, and retail banking operations. The role aims to support the review of credit decisions and ensure that all credit files, approvals, and associated processes are in strict compliance with Atmaal's internal policies and procedures.

The successful candidate will play a vital role in maintaining the integrity and compliance of retail credit operations by carefully examining credit applications and decisions, identifying any discrepancies, and contributing to the continuous improvement of quality assurance processes within the department.

Key Responsibilities

• Review retail credit applications and all associated documentation to ensure completeness and accuracy.
• Assess the quality and accuracy of credit decisions made by the team.
• Verify that all credit cases are processed and approved in full compliance with the Bank's applicable policies and procedures.
• Assist the team in identifying any errors, missing documentation, or policy violations within credit files.
• Prepare simple reports and summaries of findings using Microsoft Excel.
• Coordinate with various internal teams to follow up on pending credit cases.
• Maintain proper documentation and accurate tracking of all reviewed credit cases.
• Support initiatives aimed at continuous improvement in credit review and quality assurance processes.

Qualifications and Requirements

• Applicant must be a Saudi national.
• Hold a Bachelor's degree in Finance, Business Administration, Accounting, Risk Management, or a closely related field.
• Recent graduates are encouraged to apply.
• Previous experience in credit risk, underwriting, quality assurance, or retail credit is preferred.
• A good level of English proficiency is preferred.
• Demonstrate good knowledge of Microsoft Excel for data analysis and reporting.
• Possess a strong attention to detail to ensure accuracy in reviews.
• Ability to analyze information effectively and follow policies and procedures accurately.

Core Skills

• Credit Risk Analysis
• Quality Assurance
• Retail Banking Operations
• Proficiency in Microsoft Excel
• Attention to Detail
• Information Analysis
• Policy Adherence
• Underwriting Principles
• Retail Credit Operations
• Knowledge of financing products, personal finance, credit cards, mortgages, and leasing.

Additional Job Information

This is a full-time position, requiring 0-1 year of experience. The work location is Riyadh, Saudi Arabia.

About the Collection Officer Role

Aljeel Medical is seeking a diligent and detail-oriented Collection Officer to join its team in Riyadh, Saudi Arabia. This full-time position is crucial for ensuring the timely recovery of outstanding payments from customers, thereby maintaining positive client relationships and supporting the company's financial stability. The Collection Officer will play a key role in managing accounts receivable, minimizing financial risk, and contributing to the organization's healthy cash flow.

Key Responsibilities

• Ensure the timely recovery of outstanding payments from customers while maintaining positive client relationships.
• Monitor accounts receivable and follow up on overdue invoices using the aging receivables report.
• Compare amounts to be collected with customer account balances to ensure accuracy.
• Collect and submit collection-related transactions on time in coordination with the direct manager.
• Receive checks and cash payments and submit them to the cashier for deposit.
• Resolve collection-related issues that may arise from sales and maintenance departments.
• Prepare financial statements for customers to support debt collection efforts within specified timelines.
• Perform any other duties or tasks assigned by the direct manager, provided they do not violate labor law.

Qualifications and Experience

• Bachelor's degree in Accounting, Finance, Business Administration, or a related field.
• 1 to 3 years of experience in collections, accounts receivable, or a similar role.
• Basic knowledge of accounting principles and financial processes.
• Familiarity with collection procedures and relevant regulations.
• Ability to work under pressure and meet deadlines.

Required Skills and Abilities

• Proficiency in Microsoft Excel and accounting/ERP systems.
• Strong numerical and analytical skills.
• Good communication and negotiation abilities.
• Excellent interpersonal abilities.
• Ability to handle difficult customers professionally.
• Attention to detail and a high level of accuracy.
• Good problem-solving and conflict resolution skills.
• Effective time management and ability to meet deadlines.
• Ability to analyze accounts and identify discrepancies.
• Teamwork and collaboration skills.
• Adaptability and the ability to work effectively under pressure.

Work Details

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 0-1 years of experience in collections or a related field.

About the Role

The Olayan Group's General Trading Company (GTC) is seeking a meticulous and detail-oriented Credit & Collections Coordinator to join their team in Riyadh, Saudi Arabia. This role is vital in supporting the credit control function by ensuring accurate and timely application of customer collections, diligent monitoring of customer accounts, and effective management of balance confirmations. This position primarily contributes to the preparation of necessary financial provisions and assists in optimizing collection performance, aiming to mitigate credit risk and enhance the company's cash flow through the maintenance of accurate financial records.

Key Responsibilities

• Accurately and promptly apply customer collections and payments within the ISELL system.
• Monitor daily collection activities and proactively follow up with sales representatives to ensure timely remittances.
• Escalate any collection delays or cash handling exceptions to the relevant management for necessary action.
• Review daily bank transactions to identify and reconcile any unallocated receipts, ensuring proper allocation.
• Reconcile customer open items and perform regular account reconciliations to maintain accuracy.
• Prepare customer balance confirmations and diligently follow up to achieve set targets.
• Calculate and prepare monthly Expected Credit Loss (ECL) provisions and support efforts to minimize these provisions.
• Contribute to the improvement of Days Sales Outstanding (DSO) through effective collection follow-up strategies.
• Actively participate in weekly collection review meetings, providing insights and updates.
• Process credit notes (DN), journal entries, and other necessary adjustments in a timely manner.
• Effectively coordinate with sales teams regarding collection status and confirmation processes.
• Communicate directly with customers to resolve any discrepancies identified during reconciliation processes.
• Work collaboratively with accounting, finance, and credit control teams to ensure smooth operations.
• Support internal and external audit requirements by providing necessary documentation and information.
• Prepare daily collection reports to track performance and identify trends.
• Generate monthly reports for Expected Credit Loss (ECL) provisions for management review.
• Track and report on Days Sales Outstanding (DSO) performance metrics.
• Monitor the progress of balance confirmation activities.
• Prepare collection review reports and maintain action trackers for items requiring follow-up.
• Perform additional duties as assigned by management to support departmental objectives.

Qualifications and Requirements

• A Bachelor's degree in Finance and Accounting is required.
• A minimum of 1 to 2 years of experience in credit control, accounts receivable, or collections is essential.
• Experience in a distribution environment is preferred.

Required Skills

• Proficiency in credit control principles and practices.
• Strong understanding of accounts receivable processes.
• Experience in collections operations.
• Ability to maintain accurate financial records.
• Skill in performing reconciliations.
• Competence in report generation and analysis.

Job Details

This is a full-time position based in Riyadh, Saudi Arabia. The role requires 0-1 years of experience and presents an opportunity for career development within a reputable organization in the Saudi market.