Strategic FI Partnership Development Manager
4 days ago
XTransfer Limited is seeking a highly experienced Financial Institutions Partnership Director to build and nurture key partnerships with local financial institutions (FIs) and licensed Non-Banking Financial Institutions (NBFIs) in the Middle East. The successful candidate will play a pivotal role in enhancing our B2B trade payment solutions and related services for SMEs by fostering long-term, collaborative relationships and driving the execution of strategic initiatives.
Job Description:
- The ideal candidate will establish and manage strategic partnerships with local FIs and licensed NBFIs to enhance our product offerings for B2B trade payments and related services targeted at SMEs.
- The successful candidate will gain in-depth knowledge of the local banking and Fintech ecosystems, aligning market demand with our strategic goals. Identify, evaluate, and onboard the right partners to co-develop new products, negotiate commercial terms, and manage partnership execution from start to finish.
- The Financial Institutions Partnership Director will work closely with internal teams such as Sales, Operations, Product, Risk, and Compliance to ensure customer-centric product development, smooth operational workflows, and compliance with regulations.
- The successful candidate will lead the implementation of partnership projects, ensuring timely delivery with high-quality standards. Oversee the coordination of legal agreements, product rollouts, and post-launch optimization.
- He/She will continuously assess and identify areas for improvement in payment processes and collaborate with partners to drive operational efficiency and customer satisfaction.
- The successful candidate will maintain ongoing communication with local regulators to stay informed about regulatory changes and compliance requirements related to trade payments and cross-border fund movements, and actively engage with regulators to navigate any regulatory challenges and ensure smooth operations.
- The Financial Institutions Partnership Director will track the performance of partnerships, review success metrics, and hold regular meetings with partners to assess progress and identify opportunities for improvement.
Requirements:
- Minimum of 8 years of experience working with local FIs, licensed NBFIs, or in a similar strategic partnership role in the payments or Fintech industry.
- Strong understanding of local financial regulations and compliance requirements, particularly in the areas of trade payments, cross-border transactions, and payment processing.
- Proven experience in negotiating partnership terms, creating proposals, and managing complex commercial agreements.
- Ability to manage partnerships across different countries and cultures, ensuring high levels of efficiency, collaboration, and communication.
- Excellent interpersonal skills with a strong ability to think critically, analyze data, and drive solutions in a fast-paced environment.
- Highly organized and capable of managing multiple projects simultaneously, with an ability to prioritize effectively and work under tight deadlines.
- A customer-centric mindset, with a keen eye on ensuring compliance and mitigating risks in every partnership and product implementation.
- Fluency in both Mandarin and English (speaking and writing) is required. Proficiency in Arabic is a plus, as it will enhance communication and relationship-building within the Middle East market.
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