Divisional Controller

Role overview

This position is focused on strengthening divisional governance by identifying control gaps, tracing their underlying causes, and partnering with business leaders to create practical mitigation plans. The aim is to reduce risk exposure, support compliance with regulatory requirements, and drive the closure of audit issues and emerging risks.

Key responsibilities

• Work in line with the division’s policies, procedures, standard operating instructions, and related controls to ensure consistent and well-governed execution.
• Prepare budget recommendations for the division by compiling relevant analysis and data on assigned components.
• Track divisional financial results against approved budgets, flag underperformance early, and support corrective action and improvement opportunities.
• Handle the routine activities of the role to maintain smooth continuity of operations.
• Build the key controls testing plan, define scope, and keep the implementation and results aligned with the agreed timeline.
• Coordinate the testing approach with the Internal Control Manager and seek guidance when needed.
• Prepare and submit analytical reports to the division head on control-testing outcomes, including identified deficiencies and remediation plans to support informed risk decisions.
• Confirm that testing has been completed in accordance with the Control Testing Framework.
• Monitor audit, risk, compliance, Business Technology, and Internal Control observations and ensure timely follow-up so corrective actions are implemented without delay.
• Provide regular reports to the Head of Division on the division’s compliance, risk, audit, Business Technology, and Internal Control status, including issues and compliance breaches.
• Train division staff and offer guidance on regulatory, policy, and risk-related matters in coordination with the Compliance Department.
• Escalate all near-miss events and operational loss incidents that may affect the bank.
• Work with Compliance and, where needed, SAMA to help the division remain aligned with new regulations, policies, procedures, and regulatory instructions.
• Act as a link between the Head of Division, Compliance Department, and external regulators on exception closure and breach-mitigation actions.
• Recognize the major risks and controls within the selected significant processes and assess whether control design is effective in reducing those key risks.
• Consolidate and monitor divisional KPIs to measure performance against the business plan, and highlight any gaps or variances that need attention.
• Support the preparation of high-level financial analysis using internal finance, MIS, and KPI reporting to help management understand performance and decide on corrective actions.
• Review control-testing outcomes and build remedial action plans based on findings to help protect the bank from future exposures.
• Follow up with first- and second-line stakeholders on open observations and develop closure plans with agreed timelines.
• Track implementation of approved corrective and remedial actions through to completion.
• Design and manage ad hoc quality checks on divisional deliverables and services, including completeness, accuracy, and timeliness, to identify and resolve issues proactively.
• Support continuous improvement by identifying better practices, process enhancements, cost-saving ideas, and productivity gains.
• Follow all applicable safety, quality, and environmental controls to help maintain a healthy and safe workplace.
• Carry out other duties or assignments as requested.

Qualifications and experience

• A bachelor’s degree in Business, preferably with a focus on Finance or Accounting.
• 6 to 8 years of relevant banking experience.
• Intermediate English proficiency.

Additional information

This role also includes responsibility for preparing and monitoring the division budget, tracking KPIs, managing internal reporting, and supporting management with analysis used for performance improvement and risk mitigation. The selected candidate will be expected to contribute to control remediation, compliance follow-up, and continuous improvement activities across the division.