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A financial services company in Abu Dhabi is seeking a Commercial Product Development Lead to drive the launch of new commercial products and optimize existing offerings. The role involves market research, performance reporting, and collaboration with stakeholders. Ideal candidates will have 10-12 years of experience in commercial banking products, preferably within the UAE.
1. Term: 12 months
2. Experience requirement: 10 - 12 Years
3. Job location: Abu Dhabi, UAE
Role:
· Drive the launch of new Corporate /Commercial products and monitor & optimize the existing products
· Go to market strategy
· Active commercialization of proposition by working with all internal and external stakeholders
· By regularly producing Management Information/Performance dashboard on corporate card portfolio
· Work with scheme operators and ensure all revenues/costs are accounted on a regular basis
· Build out of Corporate Card proposition in the bank's global locations
· Ensure the end-to-end ownership of the proposition for seamless client journey i.e. to ensure all touch points internally and externally are aligned in delivery of this proposition
· Market Research and Analysis: Understanding the needs of businesses and the existing landscape of commercial products. This involves market research, competitor analysis, and identifying gaps or opportunities in the market
· Prepare and present reports on the performance of the commercial products, including cost,revenue, profitability, and market engagement
· Align product features with the risk and fraud frameworkto minimize fraud and ensure the security of card transactions
· Support on the optimization of Credit Risk policies
· Provide internal trainings on the new products
· Leverage Mastercard assets and resources, when applicable, to deliver the support on the above-mentioned responsibilities
Knowledge & Experience:
* The salary benchmark is based on the target salaries of market leaders in their relevant sectors. It is intended to serve as a guide to help Premium Members assess open positions and to help in salary negotiations. The salary benchmark is not provided directly by the company, which could be significantly higher or lower.