Head of Payments

Nextwo Co.; Riyadh; On-site; SAR 1,200,000 - 1,800,000; Full time

Job summary

Nextwo Co. in Riyadh seeks an executive to lead strategy, growth, and day-to-day operations spanning product, commercial, and partnerships.

You will build relationships with banks, merchants, and financial institutions; own the payments product roadmap; drive acquisition, revenue, and regulatory compliance with SAMA; lead a high-performing cross-functional team; engage regulators and investors.

Qualifications

• Hands-on experience in payments, fintech, digital banking, or a closely related field.
• Demonstrated experience in Electronic Payments, Payment Gateway, Merchant Acquiring, Digital Payments, Payment Services, or Digital Banking.
• Proven track record leading a team, project, or business unit.
• Strong commercial and product mindset, understands revenue, growth, customers, and partnerships.
• Genuine ambition and readiness to step into an Executive-level role and grow with the company.

Responsibilities

• Lead the company's overall strategy, growth, and day-to-day operations across product, commercial, and partnerships functions.
• Build and scale relationships with banks, merchants, and financial institutions to grow transaction volume and market share.
• Own the payments product roadmap, ensuring it meets merchant, customer, and regulatory needs.
• Drive customer and merchant acquisition, revenue growth, and overall commercial performance.
• Navigate and maintain compliance within Saudi Arabia's evolving payments regulatory environment (SAMA).
• Build and lead a high-performing team across product, operations, business development, and partnerships.
• Represent the company externally with banks, regulators, investors, and strategic partners.
• Set the vision for the company's next stage of growth and execute against it.

Skills

Payments

Fintech

Digital Banking

Team Leadership

Growth Strategy

Job description

• Lead the company's overall strategy, growth, and day-to-day operations across product, commercial, and partnerships functions.
• Build and scale relationships with banks, merchants, and financial institutions to grow transaction volume and market share.
• Own the payments product roadmap, ensuring it meets merchant, customer, and regulatory needs.
• Drive customer and merchant acquisition, revenue growth, and overall commercial performance.
• Navigate and maintain compliance within Saudi Arabia's evolving payments regulatory environment (SAMA).
• Build and lead a high-performing team across product, operations, business development, and partnerships.
• Represent the company externally with banks, regulators, investors, and strategic partners.
• Set the vision for the company's next stage of growth and execute against it.

Requirements

• Hands-on experience in payments, fintech, digital banking, or a closely related field (longer experience considered for exceptional candidates).
• Demonstrated experience in one or more of: Electronic Payments, Payment Gateway, Merchant Acquiring, Digital Payments, Payment Services, or Digital Banking.
• Proven track record leading a team, project, or business unit.
• Strong commercial and product mindset, understands revenue, growth, customers, and partnerships.
• Genuine ambition and readiness to step into an Executive-level role and grow with the company.

Technical Skills

• Payments & Product: Electronic Payments, Payment Gateway, Merchant Acquiring, Digital Payments, Payment Products
• Business: Partnerships with Banks / Financial Institutions, Business Development, Growth Strategy
• Regulatory: Familiarity with SAMA payments regulations
• FinTech: General FinTech and Digital Banking exposure