Prepaid Card Product Manager

PayTech Group; Dubai; On-site; AED 300,000 - 550,000; Full time

Job summary

PayTech Group in Dubai seeks a Prepaid Card Product Manager to own the full lifecycle of a new prepaid card proposition within a digital wallet platform. You will drive CVP design, regulatory readiness, BIN setup, onboarding, go-live and ongoing optimization.

You will lead cross-functional workstreams across product, operations, risk, and technology, ensuring seamless integration with existing rails and driving growth in issuance, activation, and spend. Fluency in English is required.

Qualifications

• 6–8 years in card product management, prepaid/digital payments or fintech.
• At least 3 years focused on card issuing or prepaid product lifecycle.
• UAE/GCC market experience in prepaid card or digital payments.
• End-to-end prepaid product launch experience from CVP design to go-live.
• Proficiency in English; immediate availability or 30-day notice.

Responsibilities

• Own end-to-end prepaid card product lifecycle from CVP to go-live and post-launch optimization.
• Translate CVP into clear business requirements, features and pricing.
• Design and execute customer acquisition and activation strategies.
• Monitor portfolio performance, kpi's and profitability; manage P&L.
• Coordinate with scheme partners on pricing, certifications and compliance.
• Prepare executive dashboards and steering committee materials.

Skills

Card product management

Prepaid/digital payments

UAE/GCC market experience

English proficiency

Tools

TSYS Prime

PowerCARD

Way4

Marqeta

Jira

Confluence

Job description

Job Title Prepaid Card Product Manager Term 12 months Location Dubai UAE Division Cards amp Payments Retail Banking Reports to SVP- Head of Product

Relevant experience 6 8 years in card product management prepaid digital payments or fintech -with at least 3 years focused on card issuing or prepaid product lifecycle in the UAE GCC Mandatory requirements UAE market experience in prepaid card or digital payments product management End-to-end prepaid product launch experience CVP design through go-live Professional proficiency in English Immediately available or 30- day notice period b b b

PURPOSE OF THE PROJECT b The client is preparing to launch a digital wallet based on prepaid card product under its established consumer payment platform -a market-leading app serving secure fee payments installment plans and digital enterprise management tools This role will own the end-to-end product lifecycle of the new prepaid card -from regulatory readiness and CVP definition through BIN setup scheme onboarding go-live and post-launch portfolio optimization as well as the complete life cycle of the wallet proposition The successful candidate will also carry portfolio management responsibilities across the platform s product ecosystem ensuring the prepaid card integrates seamlessly with existing payment rails and drives measurable growth in card issuance activation and spend This is a high-impact opportunity to shape a net-new prepaid proposition within a digitally progressive UAE bank that is actively expanding its digital payments footprintKey Activities

• Product Launch Execution 40 Drive all prepaid card launch workstreams -including UAE Central Bank regulatory submissions BIN setup scheme onboarding Mastercard Visa card profiling KYC AML flow design limit configuration testing and go-live readiness
• CVP Design amp Commercialization 25 Define the prepaid card customer value proposition features pricing rewards digital wallet integration Apple Pay Google Pay Samsung Pay ensuring alignment with the platform s existing user base and the client s broader retail strategy
• Portfolio Management amp P amp L Oversight 20 Monitor portfolio performance across activation rates average load spend revenue per active card churn and fraud manage the prepaid card P amp L interchange fees funding costs scheme fees and recommend actions to improve profitability
• Cross-Functional Coordination 10 Serve as the central product contact across the client s technology operations risk finance marketing and platform teams as well as external scheme partners and processors
• Reporting amp Governance 5 Prepare monthly performance dashboards and insight packs for senior stakeholders support steering committees by tracking milestones risks and issue resolution

Core Responsibilities and Accountabilities

• Own the end-to-end prepaid card product lifecycle -from CVP design BIN setup and scheme onboarding through configuration UAT pilot launch full commercialization and ongoing optimization - ensuring all launch dependencies card profiles limits KYC AML flows settlement fee structures are delivered on time and to specification
• Translate the agreed CVP into clear business requirements product features pricing models and servicing models tailored to the platform s core user segments parents schools institutions students ensuring the prepaid card complements existing payment methods credit debit cards Apple Pay Google Pay direct debit
• Design and execute customer acquisition and activation strategies for the prepaid card across the client s digital and branch channels building onboarding and first-90-day journeys that maximize activation first load and early usage while reducing drop-off and time-to-first-transaction
• Manage prepaid card portfolio performance and P amp L monitoring KPIs active rate average load spend revenue per active ENR churn fraud rate and recommending data-driven actions to improve profitability and sustainability review P amp L lines including interchange fees funding costs and scheme fees
• Continuously enhance the prepaid CVP based on customer feedback competitor benchmarking and performance analytics -identifying opportunities for segment-specific propositions e g school-fee linked prepaid youth student prepaid institutional prepaid and integrating with the platform s existing ERP installment and notification capabilities
• Coordinate with scheme partners on scheme pricing mandates certifications and compliance activities support internal teams on any required scheme certifications and maintain alignment with card network rules and regulations

Relevant experience:

6 8 years in card product management, prepaid/digital payments, or fintech -with at least 3 years focused on card issuing or prepaid product lifecycle in the UAE/GCC.

Mandatory requirements: UAE market experience in prepaid card or digital payments product management End-to-end prepaid product launch experience (CVP design through go-live) Professional proficiency in English; Immediately available or 30- day notice period.

Domain Expertise:

Full lifecycle experience of prepaid card product management -ideation, regulatory approval, CVP design, BIN setup, scheme onboarding, launch, scaling, and optimization. Understanding of card issuing operations: settlement, scheme pricing (interchange, assessment fees), card profiling, limit management, and fraud/chargeback processes. Knowledge of digital wallet integration (Apple Pay, Google Pay, Samsung Pay) and tokenization. Experience with customer segmentation, CVP design, and rewards/loyalty program mechanics.

Tools, Platforms & Technologies:

• Card management platforms (e.g., TSYS Prime, PowerCARD, Way4, Marqeta, or similar issuer?processor platforms).
• Fraud management tools: Falcon, PRM, etc.
• Data analytics tools: SQL, Power BI, Tableau, or equivalent for portfolio analytics and reporting.
• Product management tools: Jira, Confluence, or similar for backlog management and agile delivery.
• Scheme portals and tools: Mastercard Connect / Visa Online for BIN management, scheme compliance, and mandate tracking.

Soft Skills & Competencies:

Strong stakeholder management across business and technical teams ability to coordinate with technology, operations, risk, finance, marketing, and external partners simultaneously. Excellent communication and presentation skills -ability to prepare executive-level dashboards, steering committee materials, and training toolkits. Analytical mindset with a data-driven approach to product decisions and portfolio optimization. Self-starter comfortable operating with autonomy in a fast-paced, cross functional environment.

Preferred Certifications (Nice to Have):

• Mastercard Academy or Visa University certifications in card product management or digital payments.
• Certified Payments Professional (CPP) from the Electronic Transactions Association (ETA).
• Agile/Scrum certification (e.g., CSPO, SAFe Product Owner).
• PMP or PRINCE2 for structured project delivery.

MANDATORY SKILLS**:

Prepaid card product launch experience -end-to-end, from CVP design and BIN setup through go-live and post-launch optimization. UAE/GCC market experience in card issuing or digital payments product management. Portfolio analytics -ability to interpret performance data (activation, spend, churn, P&L) and translate into actionable product and commercial decisions. Scheme coordination -working knowledge of Mastercard and/or Visa card issuing processes, pricing, and compliance requirements. Professional proficiency in English.