SVP - Head of Innovation - financial services (AI)

Posted 05 August 2024
Salary 55-65K AED p/m and benefits
LocationDubai
Job type Permanent
Contact NameHarry Silvester

Job description

​We have partnered with a bank in United Arab Emirates that are catalysing their digital transformation, re-designing their digital product experiences, and innovating faster and further than any other bank in the region

This role will focus on identifying, selecting, incubating and realising commercial value from technology-led innovation for a leading bank.

We are looking for someone with strong experience in AI, ML, Cognitive Computing, Blockchain. Banking experience is not required, but advantageous. Industry experience in Telco / Consultancy will also be reviewed in the same light.

This position is SVP level, and a role that has been priortised by C-suite; to hire a subject-matter expert, supporting two core objectives

Grow revenues by accessing new segments/value pools through BIN sponsorship

Increase distribution of the banks products through embedded finance and banking-as-a-service offerings

Your primary role will be to set up the innovation framework and pipeline such that internal sponsors and stakeholders are aligned and subsequently manage the full lifecycle of innovation to launch for the agreed opportunities.

Other responsibilities will include:

  • Develop and implement innovative solutions by creating and launching cutting-edge products and services tailored to meet customer demands

  • Engage with external stakeholders, including partners and industry experts, to drive innovative initiatives through effective collaboration

  • Ensure all innovation activities adhere to regulatory requirements and guidelines, maintaining compliance

  • Establish and secure agreement on a comprehensive innovation management framework that covers focus areas, challenges, funnel management, and valuation methodologies

  • Lead the ideation process and frame opportunities, guiding them from conception through to business case submission

  • Oversee the development of innovation opportunities throughout the entire product lifecycle

  • Act as the primary representative of the bank’s innovation efforts, managing interactions with partners, Fintechs, and regulators

  • Develop and execute the bank's overarching innovation strategy, ensuring alignment with organizational goals

On offer:

Salary: 55,000 - 65,000 AED p/month (tax-free) + bonus

Visa, private healthcare insurance (both covered for family)

Flights, short-stay in hotel on arrivalFor more information, or immediate consideration, apply today.