Commercial Product Development Lead

PayTech Nexus Ltd; Abu Dhabi; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is seeking a Commercial Product Development Lead to spearhead the launch and optimization of Corporate and Commercial products. This role involves developing go-to-market strategies, conducting market research, and ensuring seamless client journeys. The ideal candidate will have a strong background in commercial banking products and a proven track record of collaboration with stakeholders. If you are results-driven and ready to take on a pivotal role in shaping product offerings, this opportunity is perfect for you.

Qualifications

• 10-12 years of experience in Corporate/Commercial products.
• Strong understanding of commercial banking products.

Responsibilities

• Drive the launch and optimization of Corporate/Commercial products.
• Conduct market research and competitor analysis to identify opportunities.
• Align product features with risk and fraud frameworks.

Skills

Corporate/Commercial product development

Market research and analysis

Stakeholder management

Risk management

Team collaboration

Job description

About the job Commercial Product Development Lead

1. Term: 12 months

2. Experience requirement: 10 - 12 Years

3. Job location: Abu Dhabi, UAE

Role:

1. Drive the launch of new Corporate/Commercial products and monitor & optimize the existing products.
2. Go to market strategy.
3. Active commercialization of proposition by working with all internal and external stakeholders.
4. Regularly produce Management Information/Performance dashboard on corporate card portfolio.
5. Work with scheme operators and ensure all revenues/costs are accounted on a regular basis.
6. Build out of Corporate Card proposition in the bank's global locations.
7. Ensure end-to-end ownership of the proposition for a seamless client journey, ensuring all touch points internally and externally are aligned in the delivery of this proposition.
8. Market Research and Analysis: Understand the needs of businesses and the existing landscape of commercial products, involving market research, competitor analysis, and identifying gaps or opportunities in the market.
9. Prepare and present reports on the performance of the commercial products, including cost, revenue, profitability, and market engagement.
10. Align product features with the risk and fraud framework to minimize fraud and ensure the security of card transactions.
11. Support the optimization of Credit Risk policies.
12. Provide internal training on the new products.
13. Leverage Mastercard assets and resources, when applicable, to deliver support on the above-mentioned responsibilities.

Knowledge & Experience:

• 10 to 12 years of Corporate/Commercial products with a strong understanding of commercial banking products.
• UAE experience preferred.
• Strong team player, results-driven, and high level of energy and initiative.