Senior Remittance Strategy Consultant

Term

Riyadh, KSA

Mandatory Requirements

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

Purpose Of Job

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 MTOs/aggregators 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 15 years in the remittance industry, with a proven track record of increasing remittance volumes for banking institutions.
• Demonstrated 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 ability to liaise with internal teams and external partners, with strong negotiation and relationship-building skills.
• Strong analytical skills with the ability to interpret complex data and make informed strategic decisions