Overview
JOB TITLE : Retail Strategy and Business Planning Expert
TERM : 12 months (with potential extension)
CLIENT LOCATION : Riyadh, Saudi Arabia (on-site)
DIVISION : Retail Banking
REPORTS TO : Head of Consumer Products
RELEVANT EXPERIENCE :
- 15+ Years of Retail Products and Credit Risk Experience
- Understanding of KSA Retail banking market
- Proven experience in designing and executing Retail strategies
- Deep knowledge of retail products, credit policy, retail sales, performance management and strategy
MANDATORY REQUIREMENTS
Demonstrated ability to lead digital transformation, system integrations, and regulatory compliance initiativesPURPOSE OF THE PROJECT
The Head of Consumer Products for a leading bank is seeking a seasoned Credit Risk professional with over 20 years of experience to support in the development and execution of robust credit frameworks, lead digital transformation initiatives, ensure regulatory compliance, and enhance operational efficiency. The resource will lead the strategic planning, performance monitoring, and transformation initiatives for the Retail Products Department. This role is pivotal in aligning product strategies with business goals, regulatory frameworks, and market dynamics. The manager will collaborate with cross-functional teams to drive growth, optimize operations, and enhance customer experience across retail products such as mortgages, personal finance, auto finance, credit cards, liabilities, and loyalty programs.
Key Activities
Core Responsibilities and Accountabilities
Develop and implement strategic plans for retail product lines, aligned with bank-wide objectives and regulatory requirements.Support in reviewing and enhancing credit risk policies for retail asset products to explore new segments and market opportunities to gain market shareConduct market scans and competitive analysis to identify growth opportunities and innovation areasDeliver weekly and monthly performance dashboards covering KPIs such as sales volumes, profitability, market share, and customer segmentationTrack strategic initiatives including CEO priorities, transformation programs, and compliance actionsDevelop and execute strategic business plans to enhance shareholder value and customer experienceDesign and implement end-to-end credit risk and operational frameworks for the bankDrive digital transformation initiatives including credit scoring modules, online approvals, and core banking system integrations.Oversee key product launches and system readinessDesign and oversee campaigns to drive business volume and product utilization across customer segmentsManage governance and PMO functions for strategic initiatives, including risk tracking and steering committee updatesWork closely with product, marketing, business technology, and digital teams to ensure seamless execution of strategic plansKPIs
Development of strategy documents for each product lineDevelopment of credit policy and risk management structure for key products in order to open up new segments and opportunities and optimize existing portfolioDevelopment of performance monitoring dashboards and presentations for driving growthMarket benchmarking reports and studiesProject management of critical and centrally driven initiativesManagement of key retail KPIs and suggestions on improvementsKnowledge and Experience
Extensive Experience : Over 20 years in credit risk and retail banking, with proven success in managing large portfolios and implementing risk frameworksEducational Background : Bachelors degree in Business Administration, Finance, Economics, or related field; MBA preferred.Technical Expertise : Deep knowledge of retail products, core banking systems, credit scoring, loan origination, and collection systemsProject & Change Management : Demonstrated ability to lead digital transformation, system integrations, and regulatory compliance initiativesLeadership Skills : Experience managing multicultural teams and driving performance across operational and strategic functionsMandatory Skills
Results-oriented with a strong drive for achieving targets and KPIsCreative and innovative thinker with a passion for developing new solutionsTeam player with strong leadership and project management skillsCustomer-centric mindset with a focus on delivering exceptional service and value#J-18808-Ljbffr
