• The function holder might be answerable for driving the funds acceptance enterprise throughout digital/conventional acceptance, product growth (together with lending services), portfolio administration, partnerships/relationship administration, know-how, operations danger administration and repair supply.
• Guarantee enterprise stability, progress, strategic alignment and enhanced profitability for Service provider Banking & Partnerships.
• Act as an business knowledgeable in addition to being the first contact for all inside stakeholders on Service provider Banking & Partnerships and POS finance
• Develop product alternative research highlighting advantages, prices & dangers. As well as, making ready enterprise circumstances and technique for brand spanking new / enhanced merchandise roll-out.
• Set up strategic priorities, gross sales targets, and income targets for merchandise and the related distribution channels to keep up and speed up income progress.
• Handle and doc modifications to insurance policies and procedures that come up throughout the shopper on-boarding course of to enhance future shopper expertise, financial institution’s operational and native regulatory expertise.
• Adhere to insurance policies together with escalation and compliance necessities, and comply with some other related inside controls and procedures as they relate to course of, merchandise, insurance policies and laws.
• Develop enterprise necessities for constructing Service provider Banking & Partnership capabilities, and work with IT division, audit , danger, compliance, operations and different stakeholders to formulate the venture plan, supply schedules testing and implementation.
• Monitor the venture progress in all features from necessities conceptualization to implementation.
• Analyse, plan and execute Pilots and Proof of Ideas for product innovation within the Service provider Banking & Partnerships house.
• Function subject material knowledgeable to assist assessment shopper wants, formulate proposals, help in implementation and function liaison with inside and exterior service suppliers to resolve advanced shopper points.
• Perceive banks infrastructure to make sure that operations and techniques are in a position to assist the merchandise launched and work with know-how and Operations to make sure that the functionalities are as per required specs.
• Talk new product updates and enhancements, market traits to gross sales and implementation groups and help in monitoring product efficiency when it comes to volumes, worth and income. Work with involved items to make sure product MIS is in place for correct administration experiences.
• Drive the service provider banking digital roadmap throughout contactless and rising cost methodologies.
• Facilitate the approaching collectively of recent know-how & options (e.g. m-POS, scan to pay, tokenization, and so forth.) to launch new acceptance initiatives.
• Foster trusting partnerships by proactively develop relationships by way of a steady dialogue of market traits and the event of a consultative gross sales strategy to make sure the enterprise targets of the shopper are maximized.
• Handle exterior and inside stakeholders to make sure the execution and achievement of service provider enterprise plans by using inside/cross-functional relationships to align sources and ship in opposition to buyer wants.
Schooling and Expertise:
• Bachelor’s diploma or equal
• Minimal total 8-10 years of expertise gained from playing cards/service provider buying P&L administration, POS finance product growth, and funds expertise within the monetary companies enviornment.
In 1969, once we at Business Financial institution of Dubai began out little did we all know that sheer grit and willpower would get us the place we’re right now. An Emiri Decree issued by His Highness the Late Sheikh Rashid Bin Saeed Al Maktoum, the founder of recent Dubai, laid the cornerstone of Business Financial institution of Dubai. We began out as a three way partnership of Commerzbank, Chase Manhattan Financial institution and Business Financial institution of Kuwait. A minority stake was held by a number of UAE businessmen.
By 1982, little greater than a decade later, we advanced right into a Nationwide Public Shareholding firm. A feat complimented by an exponential improve within the capital base and mammoth restructuring of our operations. The feather within the cap got here when the Authorities of Dubai grew to become a key shareholder.
Over the a long time, we’ve remodeled ourselves right into a progressive and fashionable banking establishment. We’re supported by a sturdy monetary base and reigned by a powerful and steady administration. The proof of which lies with our prospects who’ve stood by us over time.