Management Consultant - IT

Engagement Details: Role: Management Consultant - IT Engagement Type: Short-term, immediate start Location: On-site in Riyadh Duration: 3-4 months Experience Level: Mid-level, 4-6 years *Candidates who are immediately available or able to start within one week are strongly encouraged to apply. Role Overview: Our client, a Riyadh-based consulting firm, is seeking an Management Consultant - IT to support a dedicated team delivering a large-scale cost optimization engagement, with a specific focus on IT spend across both CapEx and OpEx. The selected candidate will play a key role in working alongside a team of high-performing professionals driving cost-saving initiatives, bringing deep technical and commercial understanding of banking IT environments to identify, quantify, and help implement savings opportunities. Key Responsibilities: - Analyze IT contracts (software licensing, hardware, telecom, cloud, outsourcing/managed services, maintenance and support agreements) to identify cost-saving and renegotiation opportunities. - Review the client’s existing IT architecture and application landscape to understand what is deployed, how heavily it is used, and which banking products run on which platforms. - Break down IT cost structures into relevant cost drivers and variables, distinguishing fixed vs. variable costs, and identifying root causes of cost inefficiencies. - Collect and analyze usage and consumption data (licenses, infrastructure capacity, cloud consumption, support tickets, etc.) to detect overuse, underuse, and optimization potential. - Engage directly with IT vendors and internal IT stakeholders to gather information, validate assumptions, and support negotiation strategies. - Build clear, structured, and data-driven business cases and savings trackers to quantify identified opportunities. - Summarize findings and recommendations into concise, senior-stakeholder-ready presentations that you build yourself, and present them effectively to client leadership and C-level executives. Clear storyline, accurate charts and tables, an explicit conclusion on every slide. - Support the implementation and PMO follow-up of validated initiatives, tracking savings realization against target and flagging risks or delays. Requirements - 4-6 years of professional experience in IT cost management, IT procurement, IT infrastructure, consulting, or a related field within financial services or banking. - Deep knowledge of and proficiency with the main IT vendors and products used in the banking industry (e.g., core banking systems, infrastructure, cloud providers, telecom, security, and enterprise software). - Demonstrated ability to independently develop high-quality presentations, including storyline development, data-driven charts and tables, and clear, actionable conclusions. Candidates should be comfortable owning presentation development end-to-end as a core part of their role. - Proven experience assessing IT contracts and identifying cost-saving opportunities (renegotiation, rightsizing, consolidation, etc.). - Bachelor's or Master's degree in Information Technology, Engineering, Business, Finance, or a related discipline. - Fluency in English (Arabic is a strong plus). - Immediately available or able to start within one week for a 2-month engagement. - Previous experience at a top-tier consulting firm, preferably MBB or Big Four.

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