Director Of Product - Banking Software Vendor

Job description / Role

Director Of Product - Banking Software Vendor (Kuwait)

Reporting directly to the CEO, you will be responsible for building and executing product roadmaps, including the evolution of our client's banking platform offering, ensuring alignment with business needs, market trends, and emerging technologies. This role would be both internal and client facing.

Client Details

This Kuwait-based company specializes in providing innovative technology solutions for the financial services sector, including core banking, payment systems, and digital banking platforms. They focus on helping financial institutions optimize operations, ensure compliance, and enhance customer experiences. With a strong presence in the MENA region, they leverage emerging technologies like AI and big data to drive digital transformation.

Description

• Product Strategy & Roadmap Development: Define and champion the overall product vision and strategy for the banking solutions, including core banking, AI-powered products, and IT offerings. Develop and maintain comprehensive product roadmaps, prioritizing features, enhancements, and new product introductions, with a focus on maximizing value and market competitiveness.
• Product Lifecycle Management: Oversee the entire product lifecycle from ideation and concept development through launch, adoption, and ongoing management. Conduct market research, competitive analysis, and customer feedback analysis to identify opportunities and inform product decisions.
• New Product Innovation: Drive the development of innovative banking products and solutions, including those leveraging AI and other cutting-edge technologies. Identify market needs, evaluate feasibility, and collaborate with engineering, design, and marketing teams to bring new products to market successfully.
• Core Banking Expertise: Leverage a deep understanding of core banking systems, processes and regulations to guide product strategy and ensure alignment with industry best practices.
• Technical Proficiency: Effectively collaborating with engineering teams, understanding technical challenges, and making informed product decisions.
• Client Engagement: Identify and evaluate potential business partnerships, integrations, and go-to-market strategies to expand market reach and drive product adoption. Collaborate with sales and marketing teams on client presentations and to develop effective product positioning. Support clients with their business needs, challenges, and pain points. Gather feedback on existing products and solicit input for future product development.
• Stakeholder Management: Effectively communicate product vision, strategy, and roadmaps to internal and external stakeholders, including senior management, engineering, sales, marketing, and customers.
• Performance Monitoring & Analysis: Track key product metrics, analyze performance data, and identify areas for improvement. Use data-driven insights to inform product decisions and optimize product performance.
• Team Leadership: Build and mentor a high-performing product management team, fostering a culture of innovation, collaboration, and customer focus.

Job Offer

This is a chance to join a leading Banking Solutions provider in the GCC region. The candidate would be given managerial responsibility and autonomy to drive product development/innovations.

• Bachelor's degree in Computer Science, Information Technology, Business Administration, or a related field; MBA 1 or Master's degree preferred.
• Extensive experience in product management, catered towards the banking industry
• Deep understanding of core banking systems, processes, and regulations in the GCC region.
• Good technical background in banking application development
• Proven track record of successfully launching and managing banking products, including AI-driven solutions and IT offerings.
• Ability to interact with client, build & maintain strong relationships and represent the brand

About the Company

Michael Page is one of the world's leading professional recruitment consultancies, specializing in the placement of candidates in permanent, contract, temporary and interim positions with clients around the world.

The Group has operations in the UK, Continental Europe, Asia-Pacific and the Americas. In the Middle East we focus on the areas of:

Finance & Accounting Banking & Financial Services Procurement Property & Construction Engineering & Supply Chain Oil & Gas Technical and Engineering Human Resources Sales Marketing Technology Secretarial Executive Search Legal

The Group operates through 161 offices in 33 countries and employs over 5,000 employees worldwide.