Saudi , Riyadh
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Company

Job Details

Job Description

Roles & Responsibilities

TASKS
Core Responsibilities and Accountabilities

  • Strategic Advisory: Develop and implement strategies to increase remittance volumes via digital platforms, ensuring alignment with the bank's overall objectives.
  • Market Expansion: Identify and evaluate new remittance corridors, conducting market analyses to assess potential opportunities and risks.
  • Initiative Implementation: Lead the execution of initiatives aimed at scaling the remittance business, collaborating with cross-functional teams to ensure timely and effective delivery.
  • Stakeholder Liaison: Serve as the primary point of contact between MTOs/aggregators and the bank, facilitating communication and addressing any issues that arise.
  • Trend Monitoring: Stay abreast of emerging trends in the remittance industry, providing insights and recommendations to keep the bank competitive.
  • Fintech Partnerships: Explore and establish partnerships with fintech companies to enhance remittance offerings and expand service capabilities.

Knowledge and Experience

  • Minimum of 15 years in the remittance industry, with a proven track record of increasing remittance volumes for banking institutions.
  • Demonstrated experience in developing and launching remittance products and solutions.
  • Prior experience working in the Middle East, with a deep understanding of the regional remittance landscape.
  • Familiarity with digital remittance platforms and emerging fintech solutions.
  • Exceptional ability to liaise with internal teams and external partners, with strong negotiation and relationship-building skills.
  • Strong analytical skills with the ability to interpret complex data and make informed strategic decisions

Desired Candidate Profile

Mandatory requirements:

  • Proven track record of increasing remittance volumes for banking institutions
  • Prior experience working in the Middle East

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