Head of Open Finance
3 weeks ago
The client is one of the leading banks in KSA with a strong corporate and retail presence across the country.
Responsibilities:- Strategy and Business Development: Define and execute a comprehensive strategy for the bank's Open Finance Division, ensuring alignment with the bank's overall objectives.
- P&L and Commercial Focus: Take full ownership of the division's P&L, driving revenue generation, cost optimisation, and profitability.
- Product and Technology Management: Oversee the creation, management, and delivery of APIs, micro services, and other Open Finance offerings, ensuring they meet client needs and are market-ready.
- Market Engagement and Partnerships: Establish strong relationships with FinTechs, NBFIs, and other potential clients, understanding their needs and aligning the bank's offerings to meet those requirements.
- Scaling and Growth: Scale the Open Finance business line by expanding the product portfolio, increasing client adoption, and driving operational efficiency.
- Team and Stakeholder Leadership: Build and lead a high-performing Open Finance team, fostering a culture of innovation, collaboration, and accountability.
- Visionary Leader: Strategic thinker with a hands-on approach to execution, able to balance long-term goals with immediate deliverables.
- Open Finance Expert: Deep understanding of the Open Finance ecosystem, including APIs, microservices, and digital platforms.
- Commercial Acumen: Proven experience in developing and managing a business line with full P&L responsibility.
- FinTech Savvy: Familiarity with the needs and behaviours of FinTechs, NBFIs, and other B2B clients who leverage Open Finance solutions.
- Technologically Adept: Experience working with IT and digital teams to develop and deliver APIs, platforms, and services at scale.
- Communication Mastery: Exceptional leadership and executive communication skills, capable of influencing and aligning senior stakeholders.
- Experienced: 12+ years in financial services, with at least 5 years in BaaS, Open Banking, or similar domains.
- Business and Technology Balance: Strong background in both business development and technology delivery, with a focus on commercialisation.
- Industry Knowledge: Strong knowledge of banking and financial services, including regulatory requirements and industry trends.
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