Job Title : SME / Commercial Lending Product Development and PMO Specialist
Location : Riyadh, Saudi Arabia
Job Summary
Our client is seeking an experienced SME / Commercial Lending Product Development and PMO Specialist to lead the development and implementation of innovative lending products and services for Small and Medium-sized Enterprises (SMEs) and commercial clients. This role will work closely with cross-functional teams to design, develop, and launch new products , while ensuring effective project management and governance.
(Commercial Lending Product : financial instruments that enable businesses to borrow money from financial institutions to fund various operational needs, investments, and growth or Loans provide the financing needed to acquire or expand into a new location.)
Key Responsibilities
1. Product Development
- Design and develop new SME and commercial lending products and services that meet customer needs and business objectives.
- Conduct market research , competitor analysis, and customer feedback to inform product development.
- Collaborate with stakeholders to define product features, pricing, and risk appetite.
2. Project Management
Oversee the project management office (PMO) for product development initiatives.Develop and execute project plans, timelines, and resource allocation.Ensure projects are delivered on time, within budget, and to the required quality standards.3. Stakeholder Management
Collaborate with cross-functional teams, including business stakeholders, risk management, and technology.Communicate product development progress and plans to stakeholders.Manage stakeholder expectations and ensure alignment with business objectives.4. Risk Management
Ensure product development and implementation comply with regulatory requirements and risk appetite.Collaborate with risk management teams to identify and mitigate potential risks.Requirements
Bachelor's or Master's degree in Business Administration, Finance, Economics, or a related field.Relevant certifications in project management (e.g., PMP) or product development (e.g., Agile Certified Practitioner ) would be an added advantage.Strong experience in product development, project management, and PMO in the financial services industry, preferably in SME / commercial lending.Excellent analytical, problem-solving , and communication skills.Strong understanding of regulatory requirements and risk management principles.