SAP Deposit Management Functional Consultant (Banking Domain)

Job Title: SAP Deposit Management Functional Consultant (Banking Domain)

Location: Saudi Arabia

About the Employer:

Our client is a leading banking institution in Saudi Arabia, embarking on a digital transformation journey to enhance its core banking operations. As part of their strategic expansion, they are seeking a seasoned SAP Deposit Management Functional Consultant to join their team of experts. This position offers a unique opportunity to work with cutting-edge SAP solutions, drive continuous improvement, and contribute significantly to the financial services landscape within the region.

Key Responsibilities:

Lead the design, configuration, and implementation of SAP Deposit Management solutions, ensuring alignment with the banks strategic objectives.

Work closely with business stakeholders to gather requirements, perform gap analysis, and propose optimal SAP-based solutions.

Configure and customize deposit products, account types, interest calculations, fee structures, and other relevant banking processes.

Collaborate with cross-functional teams (Loans, Payments, Treasury, Finance, etc.) to ensure seamless integration and end-to-end process efficiency.

Develop functional specifications, test scenarios, and conduct system testing to validate the quality and reliability of implemented solutions.

Provide end-user training, documentation, and ongoing support to ensure smooth adoption of new functionalities.

Troubleshoot and resolve issues promptly, ensuring minimal disruption to banking operations and a superior customer experience.

Qualifications & Experience:

Bachelor’s degree in IT, Finance, or a related field.

5+ years of SAP Deposit Management functional experience, preferably within the banking or financial services sector.

Strong knowledge of core banking products, deposit lifecycle, and regulatory requirements in the Middle East region.

Proven track record in full-cycle SAP project implementations, including business requirements gathering, configuration, testing, and user training.

Excellent communication, stakeholder management, and problem-solving skills.

SAP certification in Banking or Financial Services modules is an added advantage.