Saudi Arabia is undergoing major economic reforms under Vision 2030, aiming to diversify its economy away from oil dependence.
The finance, banking, and insurance sectors are pivotal in supporting the growth of new industries, infrastructure projects, and investment opportunities.
Working in these sectors means being part of a transformative economic environment with long-term growth prospects.
Saudi Arabia hosts one of the largest and most dynamic financial markets in the Middle East, including the Tadawul Stock Exchange.
The Saudi Arabian Monetary Authority (SAMA) is pushing regulatory reforms and modernization, encouraging fintech, digital banking, and insurance innovation.
This creates exciting career opportunities in traditional and emerging finance fields.
Positions in banking, finance, and insurance in Saudi Arabia often come with attractive compensation packages, including tax-free salaries, housing allowances, and bonuses.
International companies and local firms alike compete to attract skilled talent.
Working in Saudi Arabia offers exposure to a blend of traditional and modern business cultures.
The country is a financial hub for the Gulf Cooperation Council (GCC) region, enabling professionals to build regional networks.
Many international firms have regional offices in cities like Riyadh and Jeddah.
The insurance sector in Saudi Arabia is growing rapidly, driven by regulatory mandates (like compulsory health insurance) and increasing awareness.
There’s demand for skilled professionals in underwriting, risk management, actuarial science, and claims.
Saudi Arabia is investing heavily in fintech innovation to improve financial inclusion and services.
Working in the finance sector here offers the chance to be part of cutting-edge technology implementations like digital wallets, blockchain, and AI-driven financial products.
Many multinational banks and insurance companies operate in Saudi Arabia, offering exposure to global standards and practices.
For expatriates, it’s a chance to work in a rapidly developing market with a high international profile.
Saudi Arabia is rapidly transforming into a global financial powerhouse. For international professionals, this means stepping into a fast-moving, frontier market where you can pioneer new ideas, influence evolving regulations, and shape the future of finance and insurance in the Middle East.
Imagine being at the forefront of launching fintech startups or innovative insurance products that will serve millions in a country that's redefining its economy.
The Saudi government’s Vision 2030 offers an open door to professionals eager to innovate, lead, and grow alongside the nation’s ambitious plans.
Working in Saudi Arabia means immersing yourself in a rich cultural tapestry where East meets West. International professionals bring fresh perspectives, diverse expertise, and global best practices to the table—fueling innovation in traditionally conservative sectors.
Here, your global experience is not just welcomed but highly prized.
Collaborate with local talents and multinational teams on projects ranging from Islamic finance products to AI-driven risk analysis.
Build a career that’s not just about numbers but about bridging cultures and transforming financial landscapes.
Saudi Arabia’s push toward digital finance means international candidates with fintech, blockchain, or digital banking expertise have a golden opportunity to experiment and innovate in a relatively untapped market.
Lead the design of seamless digital payment systems, crypto asset frameworks, or smart insurance policies that leverage IoT and AI.
The country’s appetite for tech-driven financial solutions means you can be part of shaping the future—not just adapting to it.
Beyond competitive tax-free salaries, many financial and insurance roles come with benefits that support a comfortable lifestyle:
Modern cities like Riyadh, Jeddah, and Dammam offer a mix of luxury living, cultural experiences, and international schooling for families.
International candidates often enjoy generous housing allowances, health insurance, and travel perks.
The Kingdom is opening up culturally and socially, making it more inviting and accessible to global talent.
Saudi Arabia is the financial anchor of the Gulf Cooperation Council (GCC). A role here can be a springboard for regional influence across neighboring markets such as UAE, Bahrain, Qatar, and Kuwait.
Gain unmatched regional exposure that can accelerate your career trajectory.
Work on cross-border deals, insurance treaties, or investment funds impacting millions of people.
Financial Analyst
Analyze financial data, prepare reports, and provide investment recommendations.
Finance Manager
Oversee financial planning, budgeting, and reporting for organizations.
Accountant / Auditor
Manage bookkeeping, financial statements, and internal audits to ensure compliance.
Treasury Analyst / Manager
Handle cash flow, funding, and investment strategies for companies.
Investment Banker
Work on mergers, acquisitions, and raising capital for corporate clients.
Risk Manager
Identify, analyze, and mitigate financial risks.
Corporate Finance Specialist
Focus on capital structure, financing decisions, and valuation.
Financial Controller
Manage accounting operations, budgeting, and financial reporting.
Credit Analyst
Assess creditworthiness of individuals or companies applying for loans.
Bank Teller / Customer Service Officer
Handle customer transactions and provide banking services.
Relationship Manager / Private Banker
Manage high-net-worth clients and provide personalized banking solutions.
Branch Manager
Oversee bank branch operations, sales, and compliance.
Loan Officer / Credit Officer
Evaluate and process loan applications.
Compliance Officer
Ensure bank activities adhere to regulatory requirements (especially important with Saudi Arabian Monetary Authority (SAMA) regulations).
Operations Manager
Oversee day-to-day banking operations and improve efficiency.
Treasury Officer
Manage bank’s liquidity, investments, and risk.
Investment Advisor
Provide advice on investment portfolios and wealth management.
Insurance Underwriter
Assess insurance applications and decide coverage terms.
Claims Adjuster / Examiner
Investigate insurance claims to determine payout eligibility.
Actuary
Use statistics to calculate risks and premiums.
Insurance Sales Agent / Broker
Sell insurance policies and advise clients.
Risk Analyst
Evaluate and mitigate risks related to insurance policies.
Insurance Manager
Supervise operations, underwriting, and claims departments.
Compliance Officer (Insurance)
Ensure adherence to insurance regulations and policies.
Job Profile |
Avg. Salary (SAR/year) |
Avg. Salary (USD/year) |
Avg. Salary (INR/year) |
|---|---|---|---|
|
1. Financial Analyst |
120,000 - 180,000 |
32,000 - 48,000 |
26,00,000 - 39,00,000 |
|
2. Finance Manager |
200,000 - 350,000 |
53,000 - 93,000 |
43,00,000 - 75,00,000 |
|
3. Accountant / Auditor |
90,000 - 150,000 |
24,000 - 40,000 |
19,50,000 - 32,50,000 |
|
4. Treasury Manager |
220,000 - 400,000 |
58,000 - 107,000 |
47,00,000 - 87,00,000 |
|
5. Investment Banker |
300,000 - 600,000 |
80,000 - 160,000 |
65,00,000 - 1,30,00,000 |
|
6. Risk Manager |
180,000 - 320,000 |
48,000 - 85,000 |
39,00,000 - 69,00,000 |
|
7. Corporate Finance Specialist |
160,000 - 280,000 |
43,000 - 75,000 |
35,00,000 - 61,00,000 |
|
8. Financial Controller |
200,000 - 360,000 |
53,000 - 96,000 |
43,00,000 - 78,00,000 |
|
9. Credit Analyst |
120,000 - 190,000 |
32,000 - 51,000 |
26,00,000 - 41,50,000 |
|
10. Bank Teller / Customer Service |
50,000 - 90,000 |
13,000 - 24,000 |
10,80,000 - 19,50,000 |
|
11. Relationship Manager |
180,000 - 350,000 |
48,000 - 93,000 |
39,00,000 - 75,00,000 |
|
12. Branch Manager |
220,000 - 400,000 |
58,000 - 107,000 |
47,00,000 - 87,00,000 |
|
13. Loan Officer |
100,000 - 170,000 |
27,000 - 45,000 |
21,50,000 - 36,50,000 |
|
14. Compliance Officer |
150,000 - 280,000 |
40,000 - 75,000 |
33,00,000 - 61,00,000 |
|
15. Operations Manager |
200,000 - 380,000 |
53,000 - 101,000 |
43,00,000 - 78,00,000 |
|
16. Treasury Officer |
170,000 - 320,000 |
45,000 - 85,000 |
36,50,000 - 69,00,000 |
|
17. Investment Advisor |
180,000 - 360,000 |
48,000 - 96,000 |
39,00,000 - 78,00,000 |
|
18. Insurance Underwriter |
130,000 - 230,000 |
35,000 - 61,000 |
28,00,000 - 49,00,000 |
|
19. Claims Adjuster |
100,000 - 180,000 |
27,000 - 48,000 |
21,50,000 - 39,00,000 |
|
20. Actuary |
280,000 - 450,000 |
75,000 - 120,000 |
61,00,000 - 97,00,000 |
Work Visa: International applicants must secure a work visa before entering Saudi Arabia for employment. The sponsoring company typically arranges this.
Iqama (Residence Permit): Once in Saudi Arabia, employees must obtain an Iqama, which allows legal residency and work.
Bachelor’s degree (minimum) in relevant fields such as Finance, Accounting, Economics, Business Administration, or Actuarial Science is generally required.
Advanced degrees (MBA, CFA, CPA) or professional certifications (e.g., CPA, ACCA, CFA) are highly valued and sometimes required for senior roles.
Certain roles, especially in banking and insurance, might require specialized certifications (e.g., Certified Financial Analyst, insurance licensing).
Minimum experience requirements vary depending on the role:
Entry-level jobs: Usually 0-2 years of relevant experience.
Mid-level and senior roles: 3-10+ years of relevant experience, often with leadership or specialist expertise.
Experience with international markets, Islamic finance, or knowledge of Saudi regulatory environment (SAMA - Saudi Arabian Monetary Authority) is a plus.
English: Proficiency is generally required, especially for multinational banks and insurance companies.
Arabic: Knowledge of Arabic is often preferred or required, particularly in client-facing roles or government-linked entities.
Banking, finance, and insurance roles may require approval or licensing by Saudi regulatory authorities:
SAMA (Saudi Arabian Monetary Authority): Regulates banks and insurance companies. Employees in specific roles might need clearance or certification from SAMA.
Certain roles require passing exams or compliance training as mandated by Saudi law or regulatory bodies.
Saudi Arabia enforces Saudization policies aimed at increasing Saudi nationals' employment.
International workers are often hired when there’s a shortage of qualified Saudis.
Companies must comply with Saudization quotas; this impacts hiring and sometimes restricts the number of foreign employees in specific sectors or roles.
Criminal background checks are mandatory.
Medical fitness test (including tests for infectious diseases) is required before issuing an Iqama.
Employment contracts must comply with Saudi labor law.
The employer acts as the official sponsor of the foreign employee.
Contracts typically include details of job role, salary, benefits, working hours, and termination conditions.
Insurance agents and brokers might need to be registered with the Saudi Central Bank or relevant authorities.
Certain positions require specific insurance licenses and continuing education.
Job Title |
Sector |
General Roles & Responsibilities |
|---|---|---|
|
1. Financial Analyst |
Finance/Banking |
Analyze financial data, prepare reports, forecast financial trends, support investment decisions. |
|
2. Accountant |
Finance |
Manage financial records, prepare financial statements, ensure compliance with accounting standards. |
|
3. Risk Manager |
Banking/Finance |
Identify, assess, and mitigate financial risks, develop risk management policies. |
|
4. Credit Analyst |
Banking |
Evaluate creditworthiness of individuals or companies, recommend loan approvals or denials. |
|
5. Investment Banker |
Banking |
Advise clients on investments, mergers, acquisitions, and capital raising activities. |
|
6. Compliance Officer |
Banking/Finance |
Ensure company adheres to regulatory requirements, manage audits, implement compliance programs. |
|
7. Insurance Underwriter |
Insurance |
Assess insurance applications, evaluate risks, set premium rates. |
|
8. Claims Adjuster |
Insurance |
Investigate insurance claims, determine coverage, negotiate settlements. |
|
9. Actuary |
Insurance |
Analyze statistical data to calculate insurance risks and premiums. |
|
10. Treasury Manager |
Finance/Banking |
Manage company’s cash flow, investments, and liquidity to optimize financial position. |
|
11. Loan Officer |
Banking |
Evaluate and authorize loan applications, assist customers through loan process. |
|
12. Auditor |
Finance/Banking |
Conduct internal or external audits, assess financial processes and controls. |
|
13. Relationship Manager |
Banking |
Manage client accounts, build relationships, cross-sell banking products. |
|
14. Portfolio Manager |
Finance/Banking |
Manage investment portfolios to meet clients’ financial goals. |
|
15. Insurance Sales Agent |
Insurance |
Sell insurance policies, explain product features, develop client base. |
|
16. Financial Controller |
Finance |
Oversee accounting operations, budgeting, financial reporting, and internal controls. |
|
17. Branch Manager |
Banking |
Manage daily operations of a bank branch, supervise staff, ensure customer satisfaction. |
|
18. Claims Manager |
Insurance |
Oversee claims department, ensure timely processing, resolve escalated claims issues. |
|
19. Financial Planner |
Finance |
Develop personalized financial plans for individuals or businesses, including investments and retirement. |
|
20. Credit Risk Manager |
Banking |
Develop and implement credit risk policies, monitor credit portfolios, reduce loan defaults. |
Job Title |
Sector |
General Roles & Responsibilities |
General Eligibility Criteria |
|---|---|---|---|
|
1. Financial Analyst |
Finance/Banking |
Analyze financial data, prepare reports, forecast trends, support investment decisions. |
Bachelor’s in Finance/Accounting/Economics; 1-3 years experience; English proficiency; work visa & Iqama required. |
|
2. Accountant |
Finance |
Manage financial records, prepare statements, ensure compliance with standards. |
Bachelor’s in Accounting/Finance; CPA/ACCA preferred; 1-3 years experience; English/Arabic; work visa & Iqama required. |
|
3. Risk Manager |
Banking/Finance |
Identify, assess, and mitigate financial risks, develop risk policies. |
Bachelor’s in Finance/Economics; 5+ years risk management experience; regulatory knowledge (SAMA); work visa required. |
|
4. Credit Analyst |
Banking |
Evaluate creditworthiness, recommend loan approvals/denials. |
Bachelor’s in Finance/Accounting; 2-4 years banking experience; English proficiency; work visa & Iqama required. |
|
5. Investment Banker |
Banking |
Advise clients on investments, mergers, acquisitions, capital raising. |
Bachelor’s/MBA; CFA preferred; 3-7 years finance experience; English proficiency; work visa required. |
|
6. Compliance Officer |
Banking/Finance |
Ensure regulatory adherence, manage audits, implement compliance programs. |
Bachelor’s in Law/Finance; 3+ years compliance experience; knowledge of SAMA regulations; work visa required. |
|
7. Insurance Underwriter |
Insurance |
Assess insurance applications, evaluate risks, set premiums. |
Bachelor’s in Finance/Actuarial Science; 2-5 years underwriting experience; insurance certification preferred. |
|
8. Claims Adjuster |
Insurance |
Investigate claims, determine coverage, negotiate settlements. |
Bachelor’s degree; 1-3 years claims handling experience; good communication skills; work visa required. |
|
9. Actuary |
Insurance |
Analyze statistical data to calculate risks and premiums. |
Degree in Mathematics/Statistics/Actuarial Science; actuarial certification; 3+ years experience preferred. |
|
10. Treasury Manager |
Finance/Banking |
Manage cash flow, investments, liquidity. |
Bachelor’s in Finance/Economics; 5+ years treasury experience; CFA/CPA preferred; work visa required. |
|
11. Loan Officer |
Banking |
Evaluate and authorize loans, assist customers. |
Bachelor’s in Finance/Banking; 1-3 years experience; customer service skills; work visa required. |
|
12. Auditor |
Finance/Banking |
Conduct audits, assess financial controls. |
Bachelor’s in Accounting; CPA/ACCA preferred; 2-5 years audit experience; work visa required. |
|
13. Relationship Manager |
Banking |
Manage client accounts, build relationships, cross-sell products. |
Bachelor’s in Business/Finance; 3+ years client management; communication skills; work visa required. |
|
14. Portfolio Manager |
Finance/Banking |
Manage investment portfolios to meet goals. |
Bachelor’s/MBA; CFA preferred; 5+ years portfolio management; work visa required. |
|
15. Insurance Sales Agent |
Insurance |
Sell insurance policies, explain features, build client base. |
Bachelor’s degree; sales experience preferred; customer-oriented; work visa required. |
|
16. Financial Controller |
Finance |
Oversee accounting, budgeting, reporting, internal controls. |
Bachelor’s in Accounting/Finance; CPA preferred; 5+ years experience; leadership skills; work visa required. |
|
17. Branch Manager |
Banking |
Manage branch operations, supervise staff, ensure satisfaction. |
Bachelor’s in Business/Finance; 5+ years banking experience; leadership skills; work visa required. |
|
18. Claims Manager |
Insurance |
Oversee claims department, ensure timely processing. |
Bachelor’s degree; 5+ years claims experience; management skills; work visa required. |
|
19. Financial Planner |
Finance |
Develop financial plans for clients including investments, retirement. |
Bachelor’s in Finance; CFP certification preferred; 2-5 years planning experience; English proficiency. |
|
20. Credit Risk Manager |
Banking |
Develop credit risk policies, monitor portfolios, reduce defaults. |
Bachelor’s in Finance/Economics; 5+ years credit risk experience; regulatory knowledge; work visa required. |
Job Level |
Typical Experience Required |
Comments |
|---|---|---|
|
Entry-Level |
0 to 2 years |
Fresh graduates or interns; roles like Junior Analyst, Assistant Accountant, Insurance Sales Agent. Usually require relevant internships or training experience. |
|
Junior Roles |
1 to 3 years |
Roles like Financial Analyst, Loan Officer, Claims Adjuster. Requires basic understanding of industry and practical skills. |
|
Mid-Level |
3 to 7 years |
Roles like Risk Manager, Compliance Officer, Relationship Manager, Underwriter. Requires deeper industry knowledge and some management skills. |
|
Senior Roles |
7 to 15+ years |
Roles such as Investment Banker, Financial Controller, Branch Manager, Actuary. Requires extensive experience, leadership, and sometimes international exposure. |
|
Specialist Roles |
Varies; typically 3+ years with certifications (e.g., CFA, CPA, Actuary) |
Roles requiring specific certifications and expertise (Actuary, Portfolio Manager, Credit Risk Manager). Certification plus practical experience are critical. |
Company/Institution |
Sector |
Brief Description |
|---|---|---|
|
1. Saudi Arabian Monetary Authority (SAMA) |
Banking/Regulator |
Central bank and financial regulator, hires for regulatory, compliance, risk roles. |
|
2. National Commercial Bank (NCB) / SNB |
Banking |
One of the largest banks, offers roles in retail, corporate banking, and investment. |
|
3. Al Rajhi Bank |
Banking |
Leading Islamic bank, hires for finance, Sharia-compliant banking roles. |
|
4. Riyad Bank |
Banking |
Major bank with international exposure, recruits for various banking roles. |
|
5. Saudi British Bank (SABB) |
Banking |
Joint venture with HSBC, hires many international finance professionals. |
|
6. Saudi Aramco |
Finance/Energy |
World’s largest oil company with extensive financial operations and treasury roles. |
|
7. Samba Financial Group |
Banking |
Prominent bank known for investment banking and asset management. |
|
8. STC (Saudi Telecom Company) |
Finance/Corporate |
Large conglomerate with in-house finance and insurance functions. |
|
9. Saudi Arabian Insurance Companies (e.g., Tawuniya, Bupa Arabia) |
Insurance |
Leading insurers recruiting for underwriting, claims, actuarial, and sales roles. |
|
10. Gulf International Bank (GIB) |
Banking/Investment |
Regional bank hiring for corporate banking and investment roles. |
|
11. HSBC Saudi Arabia |
Banking |
International bank with strong regional presence, hires for corporate and investment banking. |
|
12. Citibank Saudi Arabia |
Banking |
Global bank recruiting in wealth management, compliance, and risk management. |
|
13. J.P. Morgan Saudi Arabia |
Investment Banking |
Leading global investment bank active in the Saudi market. |
|
14. Deloitte Saudi Arabia |
Finance/Consulting |
Big Four firm with financial advisory and risk consulting roles. |
|
15. PwC Saudi Arabia |
Finance/Consulting |
Big Four firm recruiting for audit, risk, and financial consulting. |
|
16. KPMG Saudi Arabia |
Finance/Consulting |
Big Four with strong presence in banking and insurance advisory. |
|
17. Ernst & Young (EY) Saudi Arabia |
Finance/Consulting |
Big Four firm hiring finance and insurance specialists. |
|
18. Alinma Bank |
Banking |
Growing bank with emphasis on digital banking and finance roles. |
|
19. Bank Aljazira |
Banking |
Islamic bank hiring finance professionals. |
|
20. Saudi Investment Bank |
Banking/Investment |
Focus on corporate finance, investment, and asset management. |
Job Title |
Salary Range (SAR/month) |
General Requirements |
Top Hiring Companies |
General Roles & Responsibilities |
|---|---|---|---|---|
|
Financial Analyst |
8,000 – 15,000 |
Bachelor’s in Finance/Economics, 1-3 years experience, English proficiency, work visa |
NCB, Al Rajhi Bank, Deloitte, PwC |
Analyze financial data, prepare reports, forecasting, support decisions |
|
Accountant |
7,000 – 14,000 |
Bachelor’s in Accounting/Finance, CPA/ACCA preferred, 1-3 years experience |
PwC, KPMG, Ernst & Young, Saudi Aramco |
Maintain financial records, prepare statements, ensure compliance |
|
Risk Manager |
15,000 – 30,000 |
Bachelor’s in Finance, 5+ years experience, knowledge of SAMA regulations |
SAMA, Samba, Riyad Bank, HSBC |
Identify, assess, mitigate risks, develop risk policies |
|
Credit Analyst |
9,000 – 18,000 |
Bachelor’s in Finance/Accounting, 2-4 years experience, English proficiency |
SABB, Citibank, Alinma Bank |
Evaluate creditworthiness, recommend loan approvals |
|
Investment Banker |
20,000 – 40,000+ |
Bachelor’s/MBA, CFA preferred, 3-7 years experience |
J.P. Morgan, Samba, HSBC |
Advise on investments, M&A, capital raising |
|
Compliance Officer |
12,000 – 25,000 |
Bachelor’s in Law/Finance, 3+ years compliance experience |
SAMA, Deloitte, PwC |
Ensure regulatory adherence, manage audits, compliance programs |
|
Insurance Underwriter |
8,000 – 18,000 |
Bachelor’s in Finance/Actuarial, 2-5 years underwriting experience |
Tawuniya, Bupa Arabia, Gulf Insurance |
Assess applications, evaluate risk, set premiums |
|
Claims Adjuster |
7,000 – 14,000 |
Bachelor’s degree, 1-3 years claims handling experience |
Tawuniya, Bupa Arabia |
Investigate claims, determine coverage, negotiate settlements |
|
Actuary |
20,000 – 45,000+ |
Degree in Math/Statistics, actuarial certification, 3+ years |
Tawuniya, Saudi Re, Gulf Insurance |
Analyze data to calculate risks and premiums |
|
Treasury Manager |
18,000 – 35,000 |
Bachelor’s in Finance/Economics, 5+ years treasury experience |
Saudi Aramco, NCB, Riyad Bank |
Manage cash flow, investments, liquidity |
|
Loan Officer |
7,000 – 16,000 |
Bachelor’s in Finance, 1-3 years experience, customer service skills |
Al Rajhi Bank, SABB, Bank Aljazira |
Evaluate loan applications, assist customers |
|
Auditor |
8,000 – 18,000 |
Bachelor’s in Accounting, CPA/ACCA preferred, 2-5 years audit experience |
PwC, KPMG, EY, Deloitte |
Conduct internal/external audits, assess financial controls |
|
Relationship Manager |
12,000 – 28,000 |
Bachelor’s in Business/Finance, 3+ years client management |
HSBC, Citibank, Riyad Bank |
Manage client accounts, build relationships, cross-sell products |
|
Portfolio Manager |
18,000 – 40,000+ |
Bachelor’s/MBA, CFA preferred, 5+ years portfolio management |
J.P. Morgan, Samba, HSBC |
Manage investment portfolios to meet client goals |
|
Insurance Sales Agent |
6,000 – 12,000 |
Bachelor’s degree, sales experience preferred |
Tawuniya, Bupa Arabia |
Sell insurance policies, explain features, develop client base |
|
Financial Controller |
20,000 – 45,000+ |
Bachelor’s in Accounting, CPA preferred, 5+ years experience |
Saudi Aramco, NCB, Deloitte |
Oversee accounting, budgeting, reporting |
|
Branch Manager |
18,000 – 40,000+ |
Bachelor’s in Business/Finance, 5+ years banking experience |
Riyad Bank, Al Rajhi Bank |
Manage branch operations, supervise staff, ensure customer satisfaction |
|
Claims Manager |
15,000 – 30,000 |
Bachelor’s degree, 5+ years claims experience |
Tawuniya, Gulf Insurance |
Oversee claims department, ensure timely processing |
|
Financial Planner |
10,000 – 25,000 |
Bachelor’s in Finance, CFP preferred, 2-5 years experience |
HSBC, Citibank, Private Wealth Firms |
Develop personalized financial plans, retirement, investments |
|
Credit Risk Manager |
18,000 – 35,000 |
Bachelor’s in Finance/Economics, 5+ years experience |
SAMA, Samba, Riyad Bank |
Develop credit policies, monitor portfolios, reduce defaults |
This is the most common visa type for professionals aiming to work in Saudi Arabia. To obtain it, you generally need a job offer from a Saudi employer who will act as your sponsor. The employer handles the visa application process, including obtaining the necessary approvals from the Ministry of Labor and the Saudi Arabian government. Once approved, you get an employment visa, allowing you to live and work legally in the country.
Typical process:
Secure a job offer.
Employer applies for a work permit (Iqama).
Visa is issued after approval.
Upon arrival, you get your Iqama (residence permit).
If you plan to invest in the finance or insurance sector by starting your own business or setting up a branch in Saudi Arabia, you may be eligible for an investor visa. This visa allows business owners to stay and operate their company in the country. It requires proof of investment and meeting certain capital requirements.
This visa is for short-term visits related to business meetings, conferences, or consultations. It does not allow you to work or receive a salary in Saudi Arabia but can be useful for networking, exploring job opportunities, or business negotiations in the finance or insurance sectors.
Saudi Arabia recently introduced freelance licenses for certain professions, allowing qualified individuals to work independently. For finance and insurance professionals, this may be possible if you qualify under the specific freelance categories approved by the Saudi Ministry of Human Resources and Social Development. This visa allows you to work without being tied to a single employer.
If you are accompanying a spouse or family member who already has an Iqama and works in Saudi Arabia’s finance or banking sector, you may enter on a dependent visa. This visa does not permit work unless you later obtain your own employment visa.
