Product Manager - Banking Products

Job description / Role

Product Management & Development
• Manage the lifecycle of cash collection products, including Bulk Deposit Machines (BDM), and Cash Pickup Services, virtual Accounts…etc
• Analyze market trends and customer needs to enhance existing products and develop new solutions.
• Collaborate with technology teams to integrate digital and automation features into cash management solutions.
• Ensure product compliance with regulatory and security standards.

Sales & Business Development Engagement
• Work closely with the sales team to promote cash collection solutions to corporate and SME clients.
• Provide product training and support to relationship managers and sales teams.
• Develop pricing strategies and value propositions to attract new customers.
• Engage in client meetings to present solutions and address queries.

Operations & Service Management
• Oversee the deployment and maintenance of cash management products, ensuring smooth functionality.
• Coordinate with service providers, CIT (Cash-in-Transit) companies, and vendors for cash collection and deposit services.
• Monitor cash collection operations to optimize efficiency and reduce risks.
• Implement service improvements to enhance customer experience.

Risk & Compliance Management
• Ensure adherence to internal policies, regulatory guidelines, and security standards.
• Work with compliance teams to conduct risk assessments for cash handling operations.
• Implement fraud prevention measures and monitor transactions for suspicious activity.

Reporting & Performance Analysis
• Track product performance through key metrics such as transaction volumes, customer adoption, and revenue.
• Prepare reports on cash collection trends, service efficiency, and operational challenges.
• Recommend improvements based on data analysis and customer feedback.

• Minimum 4-5 years’ experience required in banking Products
• Proficient in MS Office, PowerPoint and Excel (mandatory)
• Strong written and verbal communication skills Arabic/English
• Excellent multitasking and problem-solving abilities
• Exceptional time-management skills

About the Company

Saudi Networkers Services, incorporated in 2001 with an aim to provide the world class business and consulting services through a combination of market insight, technical excellence and unrivalled agile methodology.

Our success stems from building strong relationships and trusted partners, which enabled us delivering exceptional services to public sector, as well as some world's leading organizations, in Telecommunication, Information Technology, Cyber Security, Banking, Energy, Utilities and various other industry arenas.

We collaborate closely, ideate that how the work gets done, while working alongside businesses to collaborate on growth and applying breakthrough innovations, that drive exponential impact, managed by teams specialized in their assigned industry sectors.