Title: Banking Operations Specialist
Aramco energizes the world economy.
Aramco occupies a special position in the global energy industry. We are one of the world’s largest producers of hydrocarbon energy and chemicals, with among the lowest Upstream carbon intensities of any major producer.
With our significant investment in technology and infrastructure, we strive to maximize the value of the energy we produce for the world along with a commitment to enhance Aramco’s value to society.
Headquartered in the Kingdom of Saudi Arabia, and with offices around the world, we combine market discipline with a generations’ spanning view of the future, born of our nine decades experience as responsible stewards of the Kingdom’s vast hydrocarbon resources. This responsibility has driven us to deliver significant societal and economic benefits to not just the Kingdom, but also to a vast number of communities, economies, and countries that rely on the vital and reliable energy that we supply.
We are one of the most profitable companies in the world, as well as amongst the top five global companies by market capitalization.
Overview
We are seeking an experienced Banking Operations Specialist to join our team at Banking Operations Division. The ideal candidate will possess in-depth knowledge of banking operations, including bank account management, KYC, SWIFT and SARIE payments, investments, FX, data analysis, credit cards, and strong relationship management skills, to support our banking operations and deliver exceptional service to our clients.
The Banking Operations Division oversees the company’s payment processes, and manages the company’s banking accounts. This includes maintaining KYC compliance, opening and closing accounts, and ensuring accurate record-keeping. The division also manages contracts and agreements related to banking operations as well as Retail Banking Services within the company premises.
Your primary role is to Oversee and facilitate payment processing, manage bank accounts, and ensure timely KYC updates for the company and its subsidiaries. Additionally, foster and maintain the relationships with partner banks to efficiently manage all banking operations, including branch-related matters.
Key Responsibilities
As the successful candidate you will be required to perform the following:
- Manage the end-to-end lifecycle of bank accounts, including opening, closing and maintaining accounts, while ensuring accurate record-keeping in the group’s banking master database.
- Contribute to the development and optimization of Bank Account Management, In-House Bank, and related processes, including cash pooling and payment factory operations.
- Collaborate with internal departments to support the development and implementation of new treasury and banking products and address general inquiries effectively.
- Ensure adherence to local and international regulatory requirements including Anti-Money Laundering (AML) and KYC standards.
- Identify and mitigate operational risks, such as fraud, compliance breaches and cybersecurity threats.
- Build and maintain strong relationship with banking partners to optimize processes, resolve issues promptly and negotiate favorable terms and agreements.
- Review and negotiate banking agreements and contracts, including ISDA master agreements, SLA’s, MA-CUG and other key documents, ensuring alignment with corporate objectives.
- Lead the negotiation and execution of investment agreements with local and international financial institutions, ensuring compliance with Saudi Aramco standards.
- Prepare comprehensive reports on banking operations, performance and key metrics to support data-driven strategic decision-making.
- Continuously evaluate and improve banking operations, leveraging best practices and emerging technologies to enhance operational efficiency.
- Oversee all aspects related to the Corporate Credit Card program, including reviewing and negotiating agreements with banking partners. Manage the internal processes for issuing, monitoring and reconciling corporate credit card usage, ensuring compliance with internal policies, regulatory requirements and industry best practices. Collaborate with relevant departments to streamline workflows, address user inquiries and Implement process improvements to enhance program efficiency and control.
Minimum Requirements
As a successful candidate, you will hold a Bachelor’s degree in Finance, Account or Business Administration from a recognized and approved program.
You will have a minimum of 5 years of experience in back-office corporate treasury operations, preferably within an integrated oil company.
Proficiency in treasury software and systems, with expertise in SAP, SWIFT messaging standards, and electronic banking platforms is a requirement.
Solid understanding of Shariah-compliant business banking is also necessary.
You will have the ability to coach and develop staff in analytical skills and project delivery.
You will have an advanced proficiency in Microsoft Excel and excellent presentation skills.
You will have a strong analytical and problem-solving skills.
You will have a proven ability to manage multiple projects and meet tight deadlines.
You will have an excellent communication and interpersonal skills, with a focus on collaboration and stakeholder engagement.
Work Location and Work Schedule
Work Location: Within Saudi Arabia – To be specified in Job offer
Work Schedule: Full Time - To be specified in Job offer
Job Posting
Job posting start date: 02/08/2026
Job posting end date: 12/31/2026
Working environment
Our high-performing employees are drawn by the challenging and rewarding professional, technical and industrial opportunities we offer, and are remunerated accordingly.
At Aramco, our people work on truly world-scale projects, supported by investment in capital and technology that is second to none. And because, as a global energy company, we are faced with addressing some of the world’s biggest technical, logistical and environmental challenges, we invest heavily in talent development.
We have a proud history of educating and training our workforce over many decades. Employees at all levels are encouraged to improve their sector-specific knowledge and competencies through our workforce development programs – one of the largest in the world.