Regulatory Reporting Manager
SAB · Riyadh, Saudi Arabia
Apply & track with Apply EdgeTitle: Regulatory Reporting Manager Department: Finance - Regulatory Reporting Location: RiyadhManage and support all regulatory reporting activities to facilitate regulatory supervision and strategic decision-making, both for the Central Bank and the organization’s senior management.Support and manage the preparation and submission of regulatory reports to the Central Bank to effectively supervise and regulate financial and non-financial metrics.Utilize available resources, in coordination with the Regulatory Reporting management, to ensure the timely, accurate, and consistent preparation and submission of all regulatory reports.Manage the collection and consolidation of complex financial and non-financial information from across all divisions in SAB.Support and manage the preparation of ad hoc regulatory and Central Bank reporting requests from Senior Management.Implement and operationalize SAB’s regulatory policies, ensuring they are applied consistently and in a controlled manner.Conduct periodic internal reviews to ensure that business units record and report data in accordance with the SAB Financial Instruction Manual and applicable to SAB standards.Ensure the implementation and timely closure of action points raised by internal and external auditors.Prepare and submit key variance reports to support effective management oversight and decision-making.Facilitate management reviews and obtain CFO sign-off by providing accurate information, supporting analysis, and clear explanations within the required timelines.Monitor regulatory KPIs against established targets, analyze variances, and provide relevant commentary and insights.Monitor compliance with established processes across transactions and identify opportunities for continuous improvement.Liaise with and support external auditors during financial audits, responding to queries and addressing issues raised during internal and external audit activities.Qualifications and Requirements:Bachelor’s degree in Finance, Accounting, or a related field.Prior relevant experience in regulatory reporting and financial reporting within the banking industry.Good understanding of Central Bank regulatory reporting requirements and applicable banking regulations.Experience in preparing and reviewing regulatory reports, financial data, variance analysis, and management reports.Good knowledge of financial reporting principles, internal controls, and audit requirements.