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Associate Vice President, Remittance Product

Rak Bank Career Site

New
Senior 🇬🇧 English
APIs blockchain digital assets

Job description

About the role

The Associate Vice President – Remittance Product will lead the bank’s domestic and international payments strategy, driving growth, innovation and commercial performance across payment corridors and partnerships.

Key responsibilities

  • Support implementation of domestic and cross‑border payments strategy, identifying new corridors and revenue opportunities.
  • Manage and enhance domestic payment solutions (NPSS, Aani, account‑to‑account, bill payments, WPS 2.0) ensuring operational resilience and compliance.
  • Drive growth and monetisation of Western Union and other correspondent corridors, exploring emerging markets and technologies such as blockchain.
  • Develop and manage strategic partnerships with fintechs, payment providers and correspondent banks, negotiating commercial agreements and service‑level commitments.
  • Lead product and proposition development, building business cases for new payment capabilities and value‑added services.
  • Oversee governance, risk and compliance for payment products, maintaining strong controls and audit readiness.

Required profile

  • Bachelor’s degree in a STEM discipline; postgraduate qualification in Business, Finance, Technology or Payments is a plus.
  • 8‑10 years of experience in payments, remittances, transaction banking or fintech, with a proven track record of managing domestic or cross‑border payment products.
  • Strong understanding of domestic and international payment rails, remittance corridors, and emerging technologies such as blockchain and real‑time payments.
  • Experience negotiating and managing complex strategic partnerships and delivering revenue growth.

Required skills

  • APIs
  • blockchain
  • digital assets

What we offer

  • Competitive, performance‑linked compensation
  • Medical coverage for you and your family
  • Comprehensive life insurance
  • Opportunity to shape the future of payments and remittances at a leading UAE bank
  • Exposure to strategic partnerships, fintech ecosystems and emerging payment technologies
  • Collaborative, innovation‑focused environment with strong leadership visibility

Questions fréquentes

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Published 14 hours ago

Expires 1 month from now

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Rak Bank Career Site