Job Description
At RAKBANK, we believe in fostering a culture of innovation, growth, and excellence. We are not just a bank – we are a community that thrives on teamwork, cutting-edge solutions, and the highest standards of governance.
As an Associate Vice President – Business Banking Payments, you will lead strategic payment initiatives, including launching QR code-based acquiring, increasing digital transactions, and boosting card spending. The role involves collaborating with stakeholders to drive growth.
What You’ll Do
- Develop and execute the payment strategy for business banking, focusing on new initiatives to increase transaction volume and income across cards, cash, and QR code-based payments.
- Collaborate with business, technology, marketing, and other stakeholders to identify opportunities and challenges, fostering growth and innovation in payment solutions.
- Establish metrics and KPIs to monitor the performance of payment initiatives, analyzing transaction data and trends to ensure alignment with business goals.
- Ensure compliance with relevant regulations and standards to maintain the integrity and security of payment processes.
- Coordinate with the marketing team to create engaging campaigns that highlight the benefits of new payment solutions.
- Work closely with the technology team to ensure seamless integration of new payment solutions with existing systems.
- Drive the adoption of debit and credit card transactions and migrate business transactions from cash to non-cash methods.
- Stay updated on emerging technologies and trends in the payment industry to drive continuous innovation.
