Job Purpose:

• Ensure strategy and the development of the Open Banking (Open APIs and BaaS) platform and all required APIs to be able to be provided to other parties through BaaS and Open Banking platforms and provide all requirements related to the API creation. Also, responsible for the Performance (Transactions and P&L Direct or Shadow) of all related developed solutions.

Responsibilities:

• Define and lead the development and delivery of Bank Albilad BaaS and Open Banking product strategy in partnership with key internal partners.
• Deliver thought leadership on future of Open Banking, Open Finance and Embedded Finance for Bank Albilad and in Saudi Market as a leader bank in the country
• Define the prioritization for Open Banking use cases and products working closely with functional product team leads indifferent businesses functions (i.e. DBI, Retail and Corporate)
• Monitor for building and sustaining relationships with Open Banking partners (working closely with the DBI partnership and Digital Solutioning teams)
• Monitor for building business cases for new Products Building
• Serve as champion and subject matter expert of Open Banking – share regional/global knowledge with key stakeholders in markets and act as the SPOC with SAMA for all activities encountering Open Banking and Banking as a Service.
• Conduct market research on market players working closely with Digital Business Engagement Teams
• Monitor and sustain external relationships with clients through the relationship teams and Solutioning team and potential partners in Open Banking/BaaS and also considering Market Places integrations.
• Monitor the development and the foundation and be the Owner of Bank Albilad Developer Portal and ensure the technology foundation readiness and in place for easy expansion and drive future business adoption and customer acquisition.
• Work closely with all teams and stakeholders to ensure operational infrastructure is in place to expand organization and drive future product adoption
• Represent Bank Albilad in industry steering committees and client events as the voice of Open Banking, positioning Bank Albilad as a thought leader in the ecosystem
• Handle 1st level of FinTech sandbox and production concerns & Issues and provide full support for the developer portal forums via the support team
• Monitor and handle all integrations technical integrations issues and to be resolved by IT team via the support team.

Qualifications:

Bachelor’s Degree graduate in Computer Science/engineering, Business or equivalent

Experience:

6-10 years of experience

Skills:

• Open Banking expert, and extensive experience in product management and/or payments overall.
• Experience at an Open Banking company preferred.
• High energy, motivated leader, able to influence across functions to drive projects and key initiatives to completion.
• Previous experience with managing a team.
• Problem solving – uses creativity and resourcefulness to overcome unexpected roadblocks
• Executive presence – effective presenting ideas and engaging the attention of senior executives
• Product vision - able to develop and drive a product vision that takes into consideration Bank Albilad’s business model as well as the broader competitive environment
• Customer centricity - evaluates client’s needs and identifies ways to address key challenges; develops partnerships and strategy to ensure market demand.
• Technical fluency – understands how products are developed and the agile method.
• Strong commercial acumen understands the economics of client’s business and how our products impact a client’s P&Las well as the commercial drivers of Bank Albilad’s business
• Deep understanding of agile delivery and DevOps principles as well as quality software engineering processes and practices
• Track record in building and delivering new products into the market.
• Strong understanding of business transformation, digital, software builds and change delivery an entrepreneurial drive, with the ability to deconstruct and solve problems, to investigate drivers and figure out why things happen
• Proven ability to build strong relationship across stakeholder groups with the ability to effectively influence and communicate across various business lines and units and at senior levels within the organization
• Strong Analytical, Leadership and Stakeholder management skills
• Structured thinker and effective communicator with excellent written communication skills who is able to flex between strategic and tactical items for varying audiences
• Ability to think strategically and to connect the dots to the bigger picture, while still comfortable diving into the details required to ensure successful execution
• Strong grasp of new technologies, competitive landscapes, marketplace, and regulatory environment
• Must be able to effectively communicate in both business and technical contexts
• Exposure to a fast growing and highly competitive market environment.
• Knowledge of / Experience with Retail Banking and Wealth Management, corporate banking is an add
• Familiar with the New Open Banking Methodologies, white labeled and Banking as a Service
• Familiar with Saudi Arabia banking rules and regulations and governance
• Must be highly organized and detail-oriented
• Pragmatic decision-making skills, with the ability to make clear judgments based on data and understand the implications
• Ability to lead and influence
• Strong negotiation and relationship management skills to satisfy a wide range of internal and external customers with conflicting priorities