Domain Expertise (Business Analyst / Islamic Finance & Credit Risk Specialist) – Saudi Arabia

Aninver Development Partners SL (www.aninver.com) is looking for a Domain Expertise (Business Analyst / Islamic Finance & Credit Risk Specialist) for a consultancy assignment financed by Islamic Development Bank Institute in Saudi Arabia.

Aninver Development Partners is preparing a strategic proposal for the Islamic Development Bank Institute (IsDBI) in Saudi Arabia to deliver an enterprise-grade enhancement and pilot implementation of a modern credit incentive and enhancement system. This initiative aims to address critical financing gaps and facilitate access to credit for micro, small, and medium enterprises (MSMEs) by leveraging advanced technological architectures and robust risk mitigation frameworks.

To support this high-impact advisory and implementation initiative, we are seeking a qualified Domain Expertise (Business Analyst / Islamic Finance & Credit Risk Specialist). The successful candidate will play a pivotal role in aligning the platform's functionality with core financial principles, ensuring that credit risk management mechanisms and sharia-compliant financial structures are seamlessly integrated into the technical infrastructure during the upcoming implementation phase.

Aninver is preparing a proposal for this assignment. The selected expert will be part of the proposed team; the engagement is conditional on the contract being awarded to Aninver. The full Terms of Reference for the position are shared with shortlisted candidates.

Objectives of the assignment

• Enhance and validate an enterprise-grade credit incentive and enhancement platform to boost credit availability for MSMEs.
• Ensure strict alignment with Islamic Finance principles across all platform workflows and transaction mechanisms.
• Design and refine robust credit risk management frameworks suited for participating financial institutions.
• Facilitate stakeholder engagement and smooth system integration with financial institutions in Saudi Arabia.

Scope of work

• Conduct comprehensive technical reviews and business analysis of the existing platform Minimum Viable Product (MVP).
• Translate complex credit risk and Islamic finance requirements into functional specifications for software developers.
• Collaborate with technical teams to integrate credit provider-specific custom features and workflows.
• Support user acceptance testing (UAT) and quality assurance processes from a domain perspective.
• Coordinate closely with participating financial institutions and credit providers during the pilot implementation phase.
• Contribute to capacity building, stakeholder onboarding, and the production of operational and technical documentation.

Your role as Domain Expertise (Business Analyst / Islamic Finance & Credit Risk Specialist)

• Provide expert guidance on Islamic Finance principles and credit risk management throughout the platform enhancement lifecycle.
• Analyze existing credit workflows and propose optimized business processes for participating financial institutions.
• Draft detailed functional requirements and business requirement documents for platform refactoring and customization.
• Engage with key financial sector stakeholders in Saudi Arabia to gather feedback and refine system features.
• Support the execution of user acceptance testing (UAT) to ensure business logic and credit risk rules are accurately implemented.
• Assist in designing training materials and conducting capacity-building workshops for end-users and administrators.

Requirements

• Deep knowledge of Islamic Finance principles, credit risk management, implementing core banking, credit registries, or credit scoring systems within the Islamic Finance sector
• Languages: Key personnel shall be proficient in English

Desirable

• Prior experience working with multilateral development banks or international financial institutions.
• Familiarity with digital financial services, credit enhancement systems, or fintech platforms in the region.

An experienced Business Analyst and Islamic Finance specialist with deep expertise in credit risk management, strong analytical skills, and full professional proficiency in English.

Assignment details

• Location: Saudi Arabia
• Financed by: Islamic Development Bank Institute
• Estimated duration: 7 months
• Contract: individual consultancy (conditional on award)

About Aninver Development Partners

Aninver is an international development consulting firm headquartered in Spain. It supports governments, development banks, UN agencies and bilateral donors with feasibility studies, technical assistance, evaluations and capacity building across Africa, Latin America, the Caribbean, Europe, the Caucasus, Central Asia and Asia-Pacific, working with a network of international and national experts.

Why apply

• Join a multidisciplinary team on a Islamic Development Bank Institute-financed project in Saudi Arabia.
• Individual consultancy: flexible, output-based engagement with an experienced proposal team.
• Your CV stays in Aninver's expert network for future assignments that match your profile.

How to apply

Sign in (or create a free account) and upload your CV in English. Add your LinkedIn profile, indicative daily rate and availability to speed up the assessment. Aninver will contact the shortlisted candidates.

Frequently asked questions

Is the position confirmed? The engagement depends on the contract being awarded to Aninver. Shortlisted experts are included in the proposal with their consent.

Can I apply if I am not based in the country? Yes, unless the requirements say otherwise; relevant regional experience is an asset.

What happens with my CV? It is used to assess your fit for this and future positions and is not shared with third parties without your consent.