INNOVATION Consultant

Saudi Arabia (Riyadh) — KSA Banking Sector

INNOVATION Consultant

Salary: USD 10K per month

Location: Riyadh, KSA (on-site, client-embedded)

Engagement: Fixed term 12 months contract | ~6 months, extendable

Level: Consultant / Senior Consultant (3+ years of experience)

About the Role:

The Innovation consultant will be embedded within the Innovation Office of a leading KSA bank, supporting the operationalization of its R&D function across four key areas: executive reporting, innovation agenda-setting, market intelligence, and capability building. The consultant will report directly into Bank’s Head of Innovation Office (Deputy CEO -1)

Key Responsibilities:

• Design and maintain structured reporting mechanisms for senior and C-level stakeholders (e.g. Innovation SteerCo)
• Support setting and alignment of the bank's innovation agenda between IO and business units
• Conduct trend scanning and deliver benchmarks, competitive analysis, and global best practices reports on priority topics/themes (e.g. Digital Banking / GenAI, Fintech / BNPL / Embedded Finance)
• Contribute to formalizing the Innovation Office's research and planning function
• Support knowledge transfer and capability building within the internal innovation team.

Candidate Profile

• 3+ years in management consulting, in-house strategy function of a bank / fintech / venture capital firm
• Strong background in market research, industry analysis, and benchmarking
• Understanding of key financial services, technology and Digital trends
• Able to produce clear, executive-ready deliverables and operate independently on-site
• Arabic speaker strongly preferred
• Prior GCC/KSA experience is an advantage