Remittance Business/Project Manager

PayTech Nexus Ltd; Riyadh; On-site; SAR 550,000 - 750,000; Part time

Job summary

PayTech Nexus Ltd in Riyadh, Saudi Arabia seeks a Remittance Business/Project Manager on a 6-12 month on-site contract embedded within a major bank’s Cards & Payments department. You will own end-to-end delivery of payments and remittance projects—from initiation and BRD alignment to UAT, go-live, and post-deployment monitoring—working closely with technology, operations, and vendors.

The role is hands-on and client-facing, requiring coordination across internal teams, external banks, and scheme

Qualifications

• Essential project management experience in payments/remittance.
• Experience delivering payments/remittance projects at banks/fintechs/MTOs in KSA or GCC.
• Solid understanding of Saudi/GCC payment schemes and SAMA requirements.
• Hands-on SWIFT messaging (MT/MX) and cross-border payments.
• Experience with API integrations and MTO connectivity.
• Familiarity with core payments platforms (OPF/TMS), etc.

Responsibilities

• Lead end-to-end delivery of payments and remittance projects, including launches and upgrades.
• Develop and maintain project plans, timelines, and BRD coordination.
• Coordinate across business, technology, compliance, and vendors to meet milestones.
• Manage UAT cycles and defect resolution with vendors.
• Support ongoing remittance operations, settlements and reconciliation.
• Ensure compliance with SAMA regulations across activities.

Skills

Project management

Payments domain

Remittance systems

Stakeholder management

JIRA

CLM

UAT management

API integration

SWIFT knowledge

Vendor management

Saudi schemes knowledge

Regulatory compliance

Tools

JIRA

CLM

OPF

TMS/X

GTX

Job description

Job Title: Remittance Business/Project Manager

Employment type: Contract (On-site)

Contract length: 6-12 months

Location: Riyadh, KSA

PURPOSE OF THE PROJECT

We are looking for a driven and detail-oriented Project Manager to be seconded full-time at a leading bank in the Kingdom of Saudi Arabia, embedded within the Cards & Payments department. In this role, you will own the end-to-end delivery of payments and remittance projects — from initiation and requirements gathering through to UAT, go-live, and post-deployment monitoring — while also supporting day-to-day operational flows within the remittance and payment's function.

This is a hands-on, client-facing role that requires strong coordination across internal bank teams, third-party vendors, technology partners, and scheme operators. You will be expected to operate independently on-site, represent the engagement professionally, and drive project outcomes with minimal supervision.

Core Responsibilities and Accountabilities:

Project Delivery:

• Lead end-to-end delivery of payments and remittance projects including new product launches, system upgrades, API integrations, and payment scheme implementations (e.g. SARIE, BUNA, AFAQ, IPS).
• Develop and maintain detailed project plans, timelines, RACI matrices, and status reports using tools such as JIRA, CLM, or equivalent.
• Gather and review functional requirements and support the production of Business Requirement Documents (BRDs) in coordination with technology and business teams.
• Coordinate across business, technology, compliance, and vendor teams to ensure milestones are met on time and within scope.
• Manage UAT cycles: define test cases, coordinate functional, regression, and system testing, review UAT evidence, track defects, and manage resolution with vendors and technical teams.
• Monitor post-deployment production performance and escal…

Payments & Remittance Operations Support:

• Support the operational management of inbound and outbound payment and remittance flows, including SWIFT, local transfers, bulk payments, and API-based transactions.
• Assist with monitoring remittance flows via portals, FTP, and API tools, and support settlement activities including nostro/vostro account reconciliation and correspondent bank charge management.
• Help identify and implement process improvements and automation opportunities within existing operational workflows.
• Act as a point of escalation for operational incidents, coordinating with technology teams to drive timely resolution.
• Support compliance with SAMA regulations and relevant scheme rules across all project and operational activities.

Stakeholder & Vendor Management:

• Build and maintain strong working relationships with internal client stakeholders across operations, technology, compliance, and business.
• Manage day-to-day interactions with external vendors, MTOs, correspondent banking partners, and scheme operators.
• Prepare and present project updates, steering committee materials, and risk/issue logs to senior stakeholders.

Knowledge and Experience:

Essential:

• 6-8 years of experience in project management within the payments, remittance, or financial services sector.
• Demonstrated experience delivering payments or remittance projects at a bank, fintech, or money transfer operator (MTO) in KSA or the GCC.
• Solid understanding of Saudi and GCC payment schemes, including SARIE, BUNA, AFAQ (GCC RTGS), IPS (Instant Payment System), and SAMA regulatory requirements.
• Hands-on experience with SWIFT messaging standards - MT (Series 1, 2 & 9) and MX/ISO 20022 messages (PACS, PAIN, CAMT) - and cross-border payment flows.
• Experience with API integration projects, including correspondent bank integrations, identity/KYC APIs, and MTO platform connectivity.
• Familiarity with payment system platforms such as OPF (Open Payment Framework), TMS/X, GTX, or similar core payments infrastructure.
• Experience managing end-to-end UAT processes including functional, regression, and system testing, and coordinating vendor-side defect resolution.
• Proficiency with project management tools such as JIRA, CLM, or equivalent.
• Excellent stakeholder management and communication skills - able to engage confidently with both technical teams and senior business leaders.

Desirable:

• Familiarity with incident management tools.
• Exposure to core banking systems (e.g., T24/Temenos, Oracle)
• Knowledge of settlement mechanisms including SWIFT, GCC RTGS, and local scheme settlement flows.
• Familiarity with ELM APIs (e.g., Tahaquq, Nafath, Yakeen) and Saudi digital identity integration frameworks.
• Arabic language proficiency (spoken and/or written) is a plus.
• PMP, PRINCE2, or equivalent project management certification is an advantage.