POSITION: Product Development Squad – Banking Transformation Programme
| SERVICE LINE : | Project Management, Risk Advisory |
| INDUSTRY LINE : | Financial Services |
| SALARY : | SAR2,500.00pd |
| LOCATION : | Middle East |
Riyadh, Saudi Arabia | 12-Month Contract (Onsite)
Consulting Point is supporting a leading financial institution in Saudi Arabia as it embarks on a major retail banking transformation. We are building a dedicated Product Development Squad to help design, enhance, and launch next-generation consumer banking products.
This team will play a critical role in shaping new propositions across deposits, savings, cards, and financing products. The environment is fast-moving and collaborative, with cross-functional squads working alongside digital, operations, and risk teams to bring innovative and compliant solutions to market.
We are looking for experienced banking professionals with strong product expertise and a delivery-focused mindset. Successful candidates will have prior experience in developing or managing retail banking products and will be confident navigating the end-to-end product lifecycle, from ideation and market analysis through to testing, launch, and performance tracking.
Available Roles
-Product Development Manager – Retail Financing
-Product Specialist – Liabilities
-Customer Value Management (CVM) Specialist
Key Responsibilities
-Develop and enhance consumer banking products, ensuring commercial viability and regulatory alignment.
-Lead or support cross-functional projects, working closely with risk, operations, finance, and digital channels.
-Analyse customer behaviour, market trends, and competitor offerings to identify opportunities for innovation.
-Define product requirements, documentation, and business cases to support executive approval.
-Manage pilot phases, testing, and post-launch performance tracking.
-Contribute to a culture of agile delivery, collaboration, and continuous improvement.
What We’re Looking For
-7+ years’ experience in retail or consumer banking product roles.
-Strong understanding of liability or financing products (current/savings accounts, deposits, loans, or cards).
-Exposure to Islamic banking principles is highly valued.
-Proven ability to work cross-functionally and deliver under tight deadlines.
-Excellent communication skills in English; Arabic is an advantage.
This is a 12-month, fully onsite assignment in Riyadh, with travel and accommodation covered. The project offers a unique opportunity to contribute to one of the region’s most significant banking transformation programmes while working alongside an experienced, international team.
To apply, please share your CV with Consulting Point referencing Product Development Squad – Riyadh.
Benjamin Scotson
position : Consultant
With a background in Law and Politics from the University of Aberdeen, Benjamin has maintained a strong interest in global affairs. Before joining Consulting Point, he spent two years in customer engagement and actively participated in team sports such as rugby and football. These experiences instilled in him a strong work ethic and a passion for collaborative environments. With over five years of search experience, Benjamin has developed a talent for building meaningful relationships with candidates and enjoys engaging in discussions on a wide range of topics. Focusing on financial services and technology, he primarily works within the UK market. Benjamin plays a vital role in our Leicester office.
switchboard : +44 (0) 207 977 7048
