Senior Remittance Strategy Consultant

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

Job summary

A financial technology company is looking for a Senior Remittance Strategy Consultant in Riyadh to enhance remittance flows and develop digital channels. Applicants must have at least 10 years in the industry and prove their ability to increase remittance volumes for banks. This role focuses on strategic market expansion, fintech partnerships, and initiative implementation.

Qualifications

• Minimum of 10 years in the remittance industry.
• Demonstrated experience in developing and launching remittance products.
• Deep understanding of the regional remittance landscape.

Responsibilities

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

Skills

Proven track record of increasing remittance volumes

Experience in the remittance industry

Strong analytical skills

Excellent communication skills

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.

TASKS

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

• Experience: Minimum of 10 years in the remittance industry, with a proven track record of increasing remittance volumes for banking institutions.
• Product Implementation: Demonstrated experience in developing and launching remittance products and solutions.
• Regional Expertise: Prior experience working in the Middle East, with a deep understanding of the regional remittance landscape.
• Technical Proficiency: Familiarity with digital remittance platforms and emerging fintech solutions.
• Communication Skills: Exceptional ability to liaise with internal teams and external partners, with strong negotiation and relationship-building skills.
• Analytical Aptitude: Strong analytical skills with the ability to interpret complex data and make informed strategic decisions.