Senior Remittance Strategy Consultant

PayTech Nexus Ltd; Riyadh; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading financial services company is seeking a Senior Remittance Strategy Consultant based in Riyadh. This role involves providing strategic advisory services to enhance remittance flows, identifying new corridors, and establishing partnerships with fintech companies. The ideal candidate will have over 10 years of relevant experience in the remittance industry and strong analytical and communication skills.

Qualifications

• Minimum of 10 years in the remittance industry with a proven track record.
• Experience in developing and launching remittance products and solutions.
• Prior experience in the Middle East with a deep understanding of the remittance landscape.

Responsibilities

• Develop and implement strategies to increase remittance volumes via digital platforms.
• Identify and evaluate new remittance corridors through market analyses.
• Lead the execution of initiatives to scale the remittance business.

Skills

Analytical Skills

Communication

Negotiation

Relationship Building

Job description

About the job: Senior Remittance Strategy Consultant

Term: 12 months

Location: Riyadh, KSA

Relevant experience: Minimum of 10 years in the remittance industry

Mandatory experience:

• Proven track record of increasing remittance volumes for banking institutions
• Prior experience working in the Middle East

Purpose of Job:

We are seeking a highly experienced Senior Remittance Strategy Consultant to provide strategic advisory services to our clients' remittance team. The consultant will be instrumental in enhancing remittance flows through our digital channels, identifying and developing new remittance corridors, and fostering partnerships with fintech companies.

Core Responsibilities and Accountabilities:

• Strategic Advisory: Develop and implement strategies to increase remittance volumes via digital platforms, ensuring alignment with the bank's overall objectives.
• Market Expansion: Identify and evaluate new remittance corridors, conducting market analyses to assess potential opportunities and risks.
• Initiative Implementation: Lead the execution of initiatives aimed at scaling the remittance business, collaborating with cross-functional teams to ensure timely and effective delivery.
• Stakeholder Liaison: Serve as the primary point of contact between MasterCard Cross-Border Services and the bank, facilitating communication and addressing any issues that arise.
• Trend Monitoring: Stay abreast of emerging trends in the remittance industry, providing insights and recommendations to keep the bank competitive.
• Fintech Partnerships: Explore and establish partnerships with fintech companies to enhance remittance offerings and expand service capabilities.

Knowledge and Experience:

• Minimum of 10 years in the remittance industry, with a proven track record of increasing remittance volumes for banking institutions.
• Experience in developing and launching remittance products and solutions.
• Prior experience working in the Middle East, with a deep understanding of the regional remittance landscape.
• Familiarity with digital remittance platforms and emerging fintech solutions.
• Exceptional communication skills for liaising with internal teams and external partners, along with strong negotiation and relationship-building abilities.
• Strong analytical skills with the ability to interpret complex data and make strategic decisions.