Assistant Product Manager – Card Schemes Management

Raqami Islamic Digital Bank Ltd.; Karachi Division; Presencial; PKR 1.800.000 - 2.800.000; Jornada completa

Descripción de la vacante

Raqami Bank seeks an Assistant Product Manager – Card Schemes Management to own Visa and PayPak relationships, ensuring compliance with scheme rules and managing certifications for new digital payments capabilities. The role supports billing, incentives, and portfolio profitability through close collaboration with Technology, Compliance, and Operations teams.

The candidate will handle scheme registrations, BIN management, licensing, and performance analyses to drive growth and customer adoption

Formación

• Minimum 2–3 years in card issuing, schemes, card operations or payments within a bank, processor or fintech.
• Hands-on in at least one card implementation: scheme certification, BIN launch, tokenization, or digital card deployments.
• Direct exposure to Visa and/or PayPak programs preferred.

Responsabilidades

• Serve as primary day-to-day contact for Visa and PayPak on product, operational and compliance matters.
• Maintain scheme records, BIN allocations, attributes, and product registrations.
• Coordinate BIN setup and changes with Technology teams and processors.
• Monitor scheme bulletins, rules, mandates, and requirements; assess impact on the Bank.
• Ensure timely compliance with Visa and PayPak mandates.
• Coordinate scheme certifications and implementations for new products/services (virtual cards, tokenization, etc.).
• Support scheme security and fraud programs including PCI DSS, PIN attestations, 3-D Secure.
• Validate scheme fees, invoices, and charges; ensure billing accuracy and reconciliation.
• Track incentives, rebates, and marketing fund entitlements; realize earned benefits.
• Prepare performance analyses, cost assessments, benchmarks, and MIS reports.
• Coordinate with Operations on chargebacks, settlement, reconciliation, and escalations.
• Ensure card designs and marketing campaigns comply with scheme branding.
• Coordinate reviews with Compliance, Information Security, Risk, and Shariah teams.

Conocimientos

Card Schemes Rules

Visa & PayPak Operations

Card Issuing & Transaction Lifecycle

Authorization, Clearing & Settlement

Chargeback Management

EMV & Tokenization

3-D Secure & PCI DSS Awareness

Certification & Implementation

Scheme Billing & Commercial Analysis

Incentive Tracking & Reconciliation

BRD & UAT Management

Excel-Based Reporting & MIS

Regulatory & Shariah Compliance

Card Scheme Portals & Reporting Tools

Educación

Bachelor's degree in Business Admin/Finance/Economics/CS/IT

MBA or equivalent Master's degree

Scheme/Payments or Islamic Banking certifications (advantage)

Descripción del empleo

Job Title: Assistant Product Manager – Card Schemes Management

Department: Retail Business – Cards & Payments

Job Overview

We are seeking a detail-oriented and commercially aware Assistant Product Manager – Card Schemes Management to own the Bank’s relationships with card schemes, including Visa and PayPak (1LINK). The role is responsible for ensuring compliance with scheme rules and mandates, supporting new product certifications and digital payment capabilities, managing scheme billing and incentives, and maximizing the value of card scheme partnerships to support business growth, customer adoption, and portfolio profitability.

Key Responsibilities

• Act as the Bank’s primary day-to-day contact for Visa and PayPak on product, operational, and compliance matters.
• Maintain scheme membership records, BIN allocations, BIN attributes, and product registrations.
• Coordinate BIN setup, updates, and changes with Technology teams and card processors.
• Monitor scheme bulletins, rule changes, mandates, and operating requirements and assess their impact on the Bank.
• Maintain and track compliance against Visa and PayPak mandates to ensure timely implementation.
• Coordinate scheme certifications and implementation activities for new products and services, including virtual cards, tokenization, contactless payments, and digital wallet integrations.
• Support scheme security and fraud programs, including PCI DSS certifications, PIN attestations, 3-D Secure requirements, and fraud reporting activities.
• Validate scheme fees, invoices, assessments, and charges, ensuring billing accuracy and reconciliation.
• Track scheme incentives, rebates, and marketing fund entitlements and ensure timely realization of earned benefits.
• Prepare performance analysis, cost assessments, benchmarks, and MIS reports to support commercial negotiations and agreement renewals.
• Coordinate with Operations teams on chargebacks, settlement matters, reconciliation issues, and network-level escalations.
• Ensure card designs, artwork, and scheme-funded marketing campaigns comply with scheme branding requirements and approval processes.
• Coordinate reviews with Compliance, Information Security, Risk, and Shariah teams where applicable.

Experience Required

• Minimum 2–3 years of experience in card issuing, card schemes, card operations, cards product management, or payments-related roles within a bank, processor, or fintech.
• Hands‑on involvement in at least one card implementation initiative such as scheme certification, BIN launch, tokenization, card migration, or digital card deployments.
• Direct exposure to Visa and/or PayPak programs will be preferred.

Educational Background Required

• Bachelor's degree in Business Administration, Finance, Economics, Computer Science, Information Technology, or a related discipline.
• MBA or equivalent Master's degree preferred.
• Scheme, payments, or Islamic Banking certifications will be considered an added advantage.

Skills & Competencies

• Card Schemes & Network Rules
• Visa & PayPak Operations
• Card Issuing & Transaction Lifecycle
• Authorization, Clearing & Settlement Processes
• Chargeback Management
• EMV, Contactless & Tokenization
• 3-D Secure & PCI DSS Awareness
• Certification & Implementation Coordination
• Scheme Billing & Commercial Analysis
• Incentive Tracking & Reconciliation
• BRD Preparation & UAT Management
• Excel-Based Reporting & MIS
• Regulatory & Shariah Compliance Awareness
• Card Scheme Portals & Reporting Tools

Raqami Bank is an equal opportunity employer. We welcome applications from all qualified individuals, including Persons with Disabilities (PWDs), and are committed to fostering an inclusive workplace where everyone has the opportunity to succeed.

Last date to apply: November 6, 2026