Business Analyst

Business Analyst / Operating Model Consultant

(Req (phone number removed

Location: London (Hybrid)
Contract Duration: 6 Months

About the Role

Our client is expanding its custody and securities services capabilities across the Middle East and is seeking an experienced Business Analyst / Operating Model Consultant to support the development of its Saudi capital markets operating model.

Based in London, this 6–month contract role will focus on mapping and designing the end–to–end Saudi custody operating model, including process flows, operational capabilities, service requirements, and client demand within the Saudi market.

The successful candidate will work closely with business SMEs and cross–functional stakeholders across Product, Operations, Technology, Legal, Compliance, Risk, Finance, and Client Service to understand market requirements and define the processes, controls, governance, and operating structures required to support a successful Saudi market offering.

The ideal candidate will have experience within Saudi custody markets; however, candidates with strong Saudi capital markets experience and a deep understanding of post–trade processes, market infrastructure, and client requirements will also be considered.

Knowledge of Edaa (Saudi Securities Depository Center) and Tadawul (Saudi Exchange) is highly desirable.

Key Responsibilities

• Map end–to–end Saudi custody process flows, including current–state and target–state operating models.
• Define the operating model required to support Saudi capital markets capabilities, including processes, controls, roles, governance, and technology requirements.
• Assess market needs and client demand to help shape custody and securities services capabilities.
• Conduct current–state assessments and identify business, operational, regulatory, and service gaps.
• Facilitate requirements workshops across Product, Operations, Technology, Legal, Compliance, Risk, Finance, and Client Service teams.
• Translate Saudi market requirements into business processes, operating procedures, and operational capabilities.
• Document requirements relating to Edaa, Tadawul, settlement, custody, and asset servicing activities.
• Produce detailed process maps, operating model documentation, requirements specifications, and RACI models.
• Support implementation planning, governance, and operational readiness reviews.
• Collaborate with internal stakeholders and external advisors to validate the operating model design.

Required Experience & Skills

• Experience working within Saudi custody markets or Saudi capital markets .
• Strong understanding of custody operations, securities settlement, asset servicing, and post–trade processes.
• Experience mapping complex business processes and designing target operating models.
• Knowledge of Saudi market infrastructure, including Edaa and Tadawul .
• Experience assessing client requirements and market demand within financial services.
• Experience delivering market entry, regulatory change, or transformation programmes.
• Ability to translate regulatory, market, and client requirements into practical operating capabilities.
• Strong stakeholder management, workshop facilitation, and documentation skills.

PLEASE APPLY WITH AN UP–TO–DATE CV

• Candidates will ideally show evidence of the above in their CV in order to be considered.
• Please be advised if you haven't heard from us within 48 hours then unfortunately your application has not been successful on this occasion, we may however keep your details on file for any suitable future vacancies and contact you accordingly.

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We use generative AI tools to support our candidate screening process. This helps us ensure a fair, consistent, and efficient experience for all applicants. Rest assured, all final decisions are made by our hiring team, and your application will be reviewed with care and attention.