Framework Structure
Reflects the market structure and typical roles found in the market as the following:
- Four sectors were classified, as identified by the Saudi Central Bank (SAMA) and Capital Markets Authority (CMA): Banking, Capital Market, Insurance, and Financing.
- Segments represent a breakdown of the main functional areas in each sector, based on the uniqueness of activities.
- Job families are groups of roles classified according to shared knowledge and required skills.
- Job roles represent the typical roles found in each job family.
Sector Definition
Retail banking - also known as consumer banking - is the provision of services by a bank to the general public, rather than to companies, corporations or other banks. Services offered include savings and checking accounts, mortgages, personal loans, debit/credit cards and certificates of deposit (CDs).
Job Families
- BHR Human Resources Job Family Common
- BIT Information Technology Job Family Common
- BFI Finance Job Family Common
- BPA Project Management Job Family Common
- BPR Procurement Job Family Common
- BMA Marketing Job Family Common
- BLE Legal Job Family Common
- BIR Investor RelationsJob Family Common
- BIA Internal Audit Job Family Common
- BFM Facilities Management Job Family Common
- BCY Cyber Security Job Family Common
- BCP Corporate Strategy Job Family Common
- BCG Corporate GovernanceJob Family Common
- BDS AI and Data Science Job Family Common
- BSC Sharia Compliance and Audit
- BSA Sharia Advisory and Research
- BRM Risk ManagementJob Family Common
- BPM Portfolio Management
- BPD Product DevelopmentJob Family Common
- BFA Financial Advisory
- BDC Delivery Channels
- BCT Credit
- BCR Collection and Recovery
- BCO Compliance, AML, and CTFJob Family Common
- BCC Customer CareJob Family Common
- BBO Banking Operations
Sector Definition
Corporate banking is the tailor-made financial services that financial institutions offer to corporations in the context of corporate financing and raise capital.
Job Families
Sector Definition
Credit Bureaus collect consumer and commercial credit information making it available to respective banks or individuals in form of credit reports enabling the assessment of creditworthiness of borrowers.
Job Families
Sector Definition
Payment system is any system used to settle financial transactions through the transfer of monetary value. This includes the institutions, instruments, people, rules, procedures, standards, and technologies that make it exchange possible.
Job Families
Sector Definition
Private banking is banking, investment and other financial services provided by banks to high-net-worth individuals (HNWIs) with high levels of income or sizable assets. The main purpose of these banks is to provide these individuals, with options that suit their needs of investing their financial assets(wealth management).
Job Families
Sector Definition
SME finance is the funding of small and medium-sized enterprises, and represents a major function of the general business finance market in which capital for different types of firms are supplied, acquired, and costed or priced.