Reporting line:
AVP, Loyalty & Partnerships
Job Purpose
- Campaign configuration and testing: Setup and implementation of product-specific parameter updates, documentation of system changes for BAU spending, acquisition, and testing.
- Financial impact monitoring: Monitor rewards costs against projections and previous periods to assess engagement and profitability.
- Cost optimization review: Conduct monthly evaluations of costs versus spend and acquisition targets, highlighting areas of concern for ROI.
- Card-specific engagement: Drive category-wise spend outcomes for loyalty propositions on specific cards to maximize participation.
- User experience enhancement: Review and improve UI/UX aligned with new card CVPs, manage theme-based games and tactical rewards boosters for in-app engagement.
- Documentation and audit: Maintain records of system changes, test results, sign-offs, and migration setups.
Core Responsibilities
- Campaign configuration, testing, and system setup for loyalty programs.
- Develop and execute end-to-end testing strategies and test cases for new campaign components.
- Present test strategies for approval before go-live.
- Monitor financial performance of loyalty programs, compare against business case metrics, and forecast budgets.
Cost Optimization and ROI Monitoring
- Evaluate loyalty costs monthly, identify optimization opportunities, and monitor rewards ROI.
- Implement engagement strategies aligned with product owners to drive category spend and customer participation.
- Collaborate with digital and marketing teams to ensure successful communication and customer behavior influence.
User Experience Enhancement
- Review and improve user experience related to loyalty programs, including dynamic redemptions and card-specific gamification strategies.
- Present tailored redemption options based on customer segments and card types.
Documentation and Audit
- Maintain detailed records of system changes, migration mapping, test evidence, and post-go-live performance.
- Conduct audits to ensure program functionality and compliance with standards and policies.
Key Performance Indicators
- Timely, error-free campaign setup.
- Achievement of business case metrics and ROI targets.
- Cost reductions without compromising customer satisfaction.
- Category-driven engagement success.
Qualifications, Experience, Skills, and Competencies
Threshold Qualifications: Bachelor’s/Master’s in business, IT, finance, banking, or related; experience with loyalty management systems like Collinson XLS; understanding of card business and enterprise products.
Experience: 3-5 years in banking/financial industry with strong financial and technical skills.