Project Manager – Operating Model Design – Saudi market

Project Manager – Operating Model Design – Saudi market

Contract duration: 6 months contract

Pay: £675-800/day via PAYE or umbrella (inside IR35)

Location: London (4 days onsite)

Responsibilities:

• Develop and document the end-to-end Saudi custody operating model in collaboration with bank SMEs.
• Conduct current-state assessments and identify business, operational, and regulatory gaps.
• Facilitate requirements workshops across Product, Operations, Technology, Legal, Compliance, Risk, Finance, and Client Service.
• Define target-state processes, controls, roles, and operating procedures.
• Document Saudi market requirements, including EDAA, Tadawul, and regulatory obligations.
• Produce process maps, requirements documentation, and RACI models.
• Support implementation planning, governance, and readiness reviews.
• Coordinate with internal stakeholders and external advisors to validate operating model design.

Experience required:

• Experience with the Saud capital markets.
• Operating model design within custody, asset servicing, or financial market infrastructure.
• Strong understanding of custody operations, settlement, cash, and asset servicing.
• Experience delivering large-scale market entry, regulatory, or transformation programs.
• Ability to translate regulatory requirements into business and operational capabilities.
• Strong stakeholder management and workshop facilitation skills.