Portfolio Manager

PayTech Nexus Ltd; Riyadh; On-site; SAR 299,000 - 450,000; Full time

Job summary

A financial services firm in Riyadh is seeking a seasoned Portfolio Manager to lead lifecycle management programs and optimize card portfolio performance. The ideal candidate will have over 12 years of experience in the cards market, strong analytical skills, and the ability to guide a diverse team. Responsibilities include developing strategies, collaborating across functions, and ensuring compliance with regulatory standards. Arabic language skills are preferred.

Qualifications

• 12+ years of experience in cards portfolio management or a related field.
• Proven track record of driving business growth and achieving targets.
• Strong leadership and team management skills.
• Excellent analytical and problem-solving abilities.
• Familiarity with regulatory compliance requirements.

Responsibilities

• Develop and implement strategies to optimize portfolio performance.
• Lead and mentor the cards management team.
• Analyze market trends and customer behavior.
• Collaborate with cross-functional teams.
• Monitor and report on portfolio performance.
• Ensure compliance with industry regulations.

Skills

Knowledge of the cards market

Data analysis

Portfolio management tools

Proficiency in Excel

Proficiency in Tableau

Tools

Card management systems

Payment processing platforms

Fraud detection tools

Risk management systems

Job description

Job Title: Portfolio Manager

Term: 12 months

Location: Riyadh, KSA

Relevant experience: 12+ years in cards portfolio management or a related field.

Mandatory requirements:

• Knowledge of the cards market, industry trends, and regulatory environment.
• Proficiency in data analysis and portfolio management tools, Excel, and Tableau.

Purpose of Job

Building and managing lifecycle management program for Client to increase card activeness, spend per active card, achieve lower inactivation and product attrition by leveraging advanced analytics and marketing

Tasks

Core Responsibilities and Accountabilities

• Develop and implement strategies to optimize the cards portfolio performance, including pricing, promotions, and product enhancements.
• Lead and mentor the cards portfolio management team, fostering a culture of continuous improvement and professional development.
• Analyze market trends, customer behavior, and competitive landscape to identify growth opportunities and potential risks.
• Collaborate with cross-functional teams, including marketing, IT, and customer service, to enhance product offerings and customer experience.
• Monitor and report on portfolio performance, providing insights and recommendations to senior management to drive strategic decisions.
• Ensure compliance with industry regulations and internal policies, maintaining high standards of governance and risk management.

Knowledge and Experience

• 12+ years of experience in cards portfolio management or a related field, with a proven track record of driving business growth and achieving targets.
• Strong leadership and team management skills, with the ability to inspire and motivate a diverse team.
• Excellent analytical and problem-solving abilities, with a data-driven approach to decision-making.
• Experience in developing and launching new card products, including credit, debit, and prepaid cards.
• Strong understanding of financial metrics and performance indicators, including Net Interest Margin (NIM), Fee Income, Charge-off Rates, Delinquency Rates, Average Spend per Card, Activation Rates, and Customer Retention Rates.
• Familiarity with card management systems (CMS) and payment processing platforms.
• Knowledge of fraud detection and prevention tools, as well as risk management systems.
• Understanding of regulatory compliance requirements in the UAE
• Arabic is preferred.

Mandatory Skills

• In-depth knowledge of the cards market, industry trends, and regulatory environment.
• Proficiency in data analysis and portfolio management tools, Excel, and Tableau.