Banking and finance is one of the historical engines of Morocco’s economy and a top employer of white-collar professionals. It is regulated by Bank Al-Maghrib (central bank) and the AMMC for capital markets. The financial district is concentrated in Casablanca, anchored by Casablanca Finance City (CFC).
Key players
- Universal banks, Attijariwafa Bank, Banque centrale populaire (BCP), Bank of Africa (ex-BMCE), CIH Bank, Crédit Agricole du Maroc, Société Générale Maroc, BMCI, Crédit du Maroc.
- Participative banks (Islamic finance), Umnia Bank, Bank Assafa, Bank Al Yousr, Al Akhdar Bank.
- Insurance, Wafa Assurance, Saham, RMA, Sanlam Morocco, AtlantaSanad.
- Capital markets, Casablanca Stock Exchange, brokerages, mutual funds.
Regulators
- Bank Al-Maghrib, monetary policy and prudential supervision.
- AMMC, capital-markets authority.
- ACAPS, insurance and social provision.
- UTRF, anti-money-laundering unit.
Hiring roles
- Front office, retail, SME and corporate relationship managers, wealth advisors, traders, portfolio managers.
- Middle office, risk managers, credit analysts, compliance officers, actuaries, project leads.
- Back office, financial controllers, accountants, payroll specialists, internal control.
- Banking IT, core-banking developers, enterprise architects, cybersecurity, data engineers, digital project managers.
Training
ISCAE, ENCG, Hassan II University (FSJES), Mundiapolis, International University of Rabat, Sup de Co Rabat. Specialised master’s degrees in market finance, actuarial science, banking; certifications CFA, FRM, CIA.