Director - Fraud Transformation Lead - Contract Riyadh, Saudi Arabia Posted 2026-07-16 📌 Job Title: Director - Banking - Contract📍 Location: Riyadh, Saudi Arabia🕐 Employment type: Contract, 6 months🌍 Environment: Banking Environment About the Role We are searching on behalf of our client for this role. This position is not with OVI.We are seeking a Director-level consultant to lead a major Fraud Transformation and regulatory remediation programme for a leading Saudi bank. The Director will oversee the Fraud Risk Assessment and SAMA Cyber Fraud Framework remediation workstreams while acting as the executive lead for the client engagement. Key Responsibilities Lead the overall Fraud Transformation programme. Own the delivery of the enterprise-wide Fraud Risk Assessment. Lead SAMA Cyber Fraud Framework remediation activities. Develop remediation roadmaps to increase the bank’s fraud maturity from Level 2 or 3 to Level 4. Act as the primary executive stakeholder for the engagement. Manage programme governance, delivery quality, risks, and regulatory deadlines. Lead workshops with senior client and banking stakeholders. Provide weekly executive-level programme updates. Lead and mentor Senior Managers and delivery teams. Ensure that all workstreams are aligned with the bank’s regulatory and transformation objectives. Your Profile 12–20+ years of experience in fraud, financial crime, risk management, or a closely related field. Previous experience as a Director, Partner, Principal, or equivalent senior banking leader. Extensive experience working with Saudi banks. Expert knowledge of the SAMA Cyber Fraud Framework. Proven experience leading Fraud Risk Assessments. Experience delivering Fraud Transformation and regulatory remediation programmes. Strong programme governance and delivery leadership capabilities. Excellent executive stakeholder management skills. Availability to begin within two to four weeks. Willingness to work on-site in Riyadh for the duration of the engagement. What's Offered Contract duration: 6 months Opportunity to lead a high-impact transformation programme Work with a leading Saudi bank Ideal Candidate The ideal candidate will be a seasoned professional with extensive experience in the Saudi banking sector, particularly in fraud and risk management. They will possess strong leadership skills and the ability to manage complex regulatory projects. Fluency in Arabic and experience with a Big Four consulting firm would be advantageous. When you apply to this role, AI may be used to help analyse and format your information so the hiring team can review it more easily. Frequently asked questionsHow do I apply for the Director - Fraud Transformation Lead - Contract role?You can apply directly on this page — submit your CV and contact details through the application form, no account required.