Corporate and SME Card Product Specialist

PayTech Nexus Ltd; Riyadh; On-site; SAR 200,000 - 250,000; Full time

Job summary

A leading financial services firm is seeking a Corporate and SME Card Product Specialist based in Riyadh, KSA. The role involves managing and scaling credit card programs, developing product strategies, and ensuring business profitability. Candidates must have over 10 years of experience in credit card product management, strong understanding of the corporate credit card market, and fluency in Arabic. This position offers a stimulating environment with challenges in product innovation and market expansion.

Qualifications

• 10+ years of experience in credit card product management.
• Ability to manage multiple projects simultaneously.
• Experience in the Corporate and SME credit card segment.

Responsibilities

• Manage and scale Corporate and SME credit card programs.
• Develop and implement product strategies to grow the portfolio.
• Monitor and analyse portfolio performance.

Skills

Strong understanding of the corporate credit card market

Excellent analytical skills

Excellent communication skills

Strategic planning

Problem-solving skills

Education

Bachelor's degree in business or Finance

MBA or relevant professional qualification

Job description

Job Role

Corporate and SME Card Product Specialist

Location

Riyadh, KSA

Term

12 months

Relevant Experience

10+ years of experience in credit card product management.

Mandatory Requirements

• Strong understanding of the corporate credit card market, financial products, and regulatory environment in the Middle East.
• Arabic is mandatory.

Purpose of Job

The Corporate and SME Credit Card Product Manager will be responsible for managing and scaling our Corporate and SME credit card programs, developing, and implementing strategies to grow the portfolio, and ensuring the profitability and sustainability of the business.

Tasks

Core Responsibilities and Accountabilities

Product Management

• Develop and implement product strategies and initiatives to meet the needs of Corporate and SME clients.
• Design innovative credit card products and features tailored to the Corporate and SME segment.
• Collaborate with cross-functional teams including marketing, sales, and operations to launch and promote new products.

Portfolio Management

• Monitor and analyse the performance of the Corporate and SME credit card portfolio, including profitability, utilization, and customer satisfaction.
• Identify trends, opportunities, and risks within the portfolio and develop strategies to address them.
• Optimize pricing, fees, and rewards to maximize revenue and customer retention.

Scaling the Business

• Develop and execute growth strategies to expand the Corporate and SME credit card business.
• Identify and pursue new market opportunities and partnerships to increase market share.
• Implement marketing and promotional campaigns to attract new Corporate and SME clients and increase card usage.

Risk Management

• Monitor and manage credit risk, fraud risk, and compliance with regulatory requirements.
• Develop and implement risk mitigation strategies and controls to protect the business and customers.

Stakeholder Management

• Build and maintain relationships with internal and external stakeholders, including Corporate and SME clients, partners, and regulatory authorities.
• Collaborate with sales teams to train and support them in promoting and selling Corporate and SME credit card products.

Knowledge and Experience

• Bachelors degree in business, Finance, or related field; MBA or relevant professional qualification is a plus.
• Minimum of 10+ years of experience in credit card product management, preferably in the Corporate and SME segment.
• Excellent analytical, strategic planning, and problem-solving skills.
• Ability to work effectively in a fast-paced, dynamic environment and manage multiple projects simultaneously.
• Excellent communication, presentation, and interpersonal skills.

Mandatory Skills

• Arabic is mandatory.
• Strong understanding of the corporate credit card market, financial products, and regulatory environment in the Middle East.