Islamic Cards ProductPortfolio Support - Dubai, United Arab Emirates - PayTech Nexus Ltd

    PayTech Nexus Ltd
    PayTech Nexus Ltd Dubai, United Arab Emirates

    1 week ago

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    Description
    1. Term: 10 months
    2. Location: Dubai UAE
    3. Experiencerequirement: 8 years
    4. Scope : Portfolio managementis the main requirement with activation spend build (domestic andcross border) and growing the portfolio. Product developmentpartnerships sales will be abonus.

    Role

    Theclient is looking for candidates with strong record driving cardsbusiness development and it can be in conventional or/and Islamicbanking.

    Planning:

    • Support in development and implementation of the newproduct development plan in line with annual strategic plan toensure the ongoing development of commercially effective productsand services to maximize short medium and longterm profitability.

    MarketResearch

    • Scan theexternal business environment and keep abreast of developments inthe financial sector to identify business opportunities and todevelop new products and enhance the features of existingproducts;
    • Research regulatory changescompetitor policies and practices and consumer trends to ensurethat products and services remain competitive;
    • Closely monitor Branch and Outlet business volumesproduct performance and results. (assuming performance dashboardsMIS analytics reports available); and
    • Supportin preparation of feasibility studies to propose suitable pricingpolicies.

    Product andService Development

    • Support product development and enhancement and processeswhich are innovative and relevant to market trends and businessstrategy;
    • Regularly review product and serviceportfolio to advise management on deletion of obsolete productsidentify products; that need revitalizing and gaps which need to beplugged by new offerings;
    • Forecast thefinancial viability of new products and services to maximizefinancial profitability;
    • Identify prioritizeand design effective processes to maintain a competitive edge inthe market on product initiatives while ensuring adherence to theCompanys policies and code of conduct;
    • Supportin ensuring profitability of the Card business through developmentand close monitoring of budgets and ensuring that both revenues andcosts are achieved in accordance with business plans;and
    • Analyze and interpret business financialindicators relating to all aspects of the Card business in order toguide and correct variances in accordance with business plans.

    Requirementsexperience and skills

    • Knowledge of Islamic banking and payments market trendsopportunities and products launch;
    • Experiencein full lifecycle of product launch including: Designing productfeatures understanding segment needs and exploringpartnerships
    • Independence and ability to driveprojects and achieve objectives with initial guidance;
    • Experience to communicate and interact with seniorstakeholders in the bank for periodic update;
    • Excellent verbal and written communicationskills;
    • Ability to multitask in a fastpaceddeadlinedrivenenvironment;

    Remote Work :

    No