Associate Vice President Business Credit Cards RAKBANK Dubai

RAKBANK Dubai is presently hiring suitable candidate for the job role of Associate Vice President Business Credit Cards. This is a senior level and full time role and for this job the salary ranges from 25000 AED to 50000 AED. The vacancy was announced by the bank on May 17, 2024.

Responsibilities of Associate Vice President Business Credit Cards

• Strategize and execute comprehensive plans for the credit card product line, ensuring alignment with the broader objectives of the bank.
• Assume responsibility of the entire product development lifecycle, from ideation to launch, working closely with diverse teams such as marketing, finance, risk management, and technology.
• Collaborate effectively to conceptualize and design innovative credit card products that not only address customer needs but also enhance the bottom line.
• Conduct continuous market research and analysis to stay abreast of emerging trends, competitive dynamics, and shifting consumer preferences within the credit card industry.
• Oversee the performance of existing credit card products and manage key portfolio metrics including acquisition, activation, utilization, and retention rates.
• Implement strategic initiatives to optimize portfolio profitability, mitigate risk exposure, and achieve growth objectives in line with the bank’s overall strategy.
• Ensure strict adherence to regulatory requirements governing credit card products and marketing initiatives, including consumer protection laws, data privacy regulations, and card network rules.

Requirements of Associate Vice President Business Credit Cards

• University Degree or Equivalent.
• Minimum 10 years of product management expertise in banking/financial services, especially in business/commercial credit cards.

Skills and Knowledge Desired

• Deep understanding of credit card products, payment networks, and regulatory compliance.
• Analytical prowess for interpreting complex data and deriving actionable insights.
• Exceptional communication and presentation abilities to influence stakeholders across all organizational levels.
• Proven track record of strategic thinking, driving results, and fostering innovation in dynamic settings.

Job Benefits

• Pay for performance culture (Competitive and performance-linked compensation).
• Provision of medical care plan for your family and you.
• Comprehensive Life insurance plan.
• Diverse workforce and inclusive culture.
• Career development and growth opportunities by design.
• Work with the best minds in the field.
• Get opportunities to bring your whole self to the organization and perform to your best.

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