Strategy Consultant (Remittance)

Client of Outsized

Core Responsibilities and Accountabilities

• Strategic Advisory: Develop and implement strategies to increase remittance volumes via digital platforms, ensuring alignment with the bank's overall objectives.
• Market Expansion: Identify and evaluate new remittance corridors, conducting market analyses to assess potential opportunities and risks.
• Initiative Implementation: Lead the execution of initiatives aimed at scaling the remittance business, collaborating with cross-functional teams for timely and effective delivery.
• Stakeholder Liaison: Act as the primary contact between MasterCard Cross-Border Services and the bank, facilitating communication and resolving issues.
• Trend Monitoring: Stay updated on emerging trends in the remittance industry, providing insights and recommendations to maintain competitiveness.
• Fintech Partnerships: Explore and establish partnerships with fintech companies to enhance remittance offerings and expand service capabilities.

Knowledge and Experience

• Experience: Minimum of 10 years in the remittance industry, with a track record of increasing remittance volumes for banks.
• Product Implementation: Proven experience in developing and launching remittance products and solutions.
• Regional Expertise: Prior experience in the Middle East with in-depth knowledge of the regional remittance landscape.
• Technical Proficiency: Familiarity with digital remittance platforms and emerging fintech solutions.
• Communication Skills: Strong ability to liaise with internal teams and external partners, with excellent negotiation and relationship-building skills.
• Analytical Aptitude: Strong analytical skills to interpret complex data and make informed strategic decisions.

This is a 12-month (extendable) contractual opportunity in Riyadh, KSA. If you have a proven track record of increasing remittance volumes for banking institutions in the Middle East, we encourage you to apply!