WorkerAppz Payments Looking for Head | Remittances and Payments – Banking Sector (GCC) at Saudi Arabia Full Time

Job Description:

As the Head of Remittances and Payments, you will be responsible for overseeing and managing all aspects of the remittances and payments vertical at a key banking client of ours in the GCC. You will lead a team of professionals and work closely with other departments to ensure efficient and effective processing of payments and remittances for our customers.

Roles and Responsibilities:

• Remain in-charge of the P&L for the remittances and payments vertical to maintain and accelerate the revenue and earnings generated by the vertical.
• Develop and execute business plans to expand market share and enhance customer satisfaction.
• Develop and implement strategies to improve the efficiency and accuracy of payment processing.
• Ensure compliance with regulatory requirements and internal policies.
• Monitor industry trends and recommend changes to processes and procedures as needed.
• Lead, manage and grow a team of remittances and payments professionals.
• Collaborate with other departments, such as IT and risk management, to enhance payment systems and mitigate risks.
• Analyse data and generate reports to support decision-making.
• Foster a culture of innovation, collaboration, and continuous improvement within the remittance business unit.

Qualifications and Skills:

• Bachelor’s degree in finance, banking, or a related field. Master’s degree is a plus.
• Minimum of 8-10 years of experience in a similar role in a bank.
• Strong understanding of payment systems, including SWIFT, RTGS, and ACH.
• Excellent leadership and communication skills.
• Ability to work in a fast-paced environment and manage multiple priorities.
• Knowledge of regulatory requirements related to payments and remittances in Saudi Arabia.
• Proven track record of driving process improvements and delivering results.
• Willingness to relocate to the GCC region and commit to the role long-term.

Benefits:

• Competitive salary package
• Health insurance
• Career development opportunities
• Collaborative and inclusive work environment

If you are a seasoned professional with a passion for payments and remittances and are looking for an exciting opportunity to make a difference, we would love to hear from you. Apply now and join our team.

How to Apply:

Please send your resume and a cover letter outlining your qualifications and why you are interested in this position to [Confidential Information].