AVP - Open Finance

4 days ago


Dubai, Dubai, United Arab Emirates Dubai Islamic Bank Full time
  • Lead the implementation and management of open finance frameworks within the organization.
  • Work closely with the product and IT teams to design and implement open finance solutions that meet regulatory, operational, and strategic goals.
  • Stay updated on regulatory requirements around open banking and finance, ensuring all initiatives are compliant with local and international regulations.
  • Identify and manage risks related to data privacy, security, and financial transactions in open finance ecosystems.
  • Cultivate and manage relationships with fintech companies, third-party providers, financial institutions, and regulatory bodies to leverage open finance opportunities.
  • Establish and enforce policies around data sharing and security, ensuring that financial data is handled responsibly and securely in compliance with industry standards.
  • Collaborate with internal teams to innovate and develop new financial products and services based on open finance models.
  • Evaluate opportunities to integrate alternative data sources into financial products to improve customer experiences and expand financial inclusion.
  • Prepare regular reports on the status of open finance initiatives, financial performance, and strategic goals for senior management.
  • Provide insights on industry trends, competitor activity, and customer needs to drive product development and improve market positioning.

Work Experience:

Education:

Seniority level

Mid-Senior level

Employment type

Full-time

Job function

Finance

Industries

Banking

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