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Remittance Product Manager – Retail Banking Abu Dhabi UAE


Job title: Remittance Product Manager – Retail Banking Abu Dhabi UAE

Company: First Abu Dhabi Bank

Job description: Remittance Product Manager – Retail Banking Abu Dhabi UAEJob Overview
First Abu Dhabi Bank is hiring a Remittance Product Manager to lead the development and growth of its remittance business within the Retail Banking division in Abu Dhabi, UAE. This role is responsible for expanding remittance capabilities, managing partner relationships, and launching innovative products that align with FAB’s revenue and customer engagement goals. Candidates should have a minimum of 10 years of experience in product and portfolio management within banking or payments.Job Location: Abu Dhabi, UAE
Industry: Banking
Function: Product Management
Salary: 18000-22000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Candidate Current Location: UAE preferred
Job Type: Full TimeJob Overview
The Remittance Product Manager – Retail Banking Abu Dhabi UAE is responsible for developing, managing, and enhancing domestic and cross-border remittance products. The role involves leading product innovation, optimizing remittance profitability, ensuring regulatory alignment, and maintaining a competitive edge in the UAE market. This position also oversees collaboration with fintech partners, exchange houses, and internal technology teams.Key Responsibilities

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  • Develop and implement strategic plans to grow FAB’s remittance product portfolio
  • Introduce new functionalities and capabilities to enhance customer penetration
  • Oversee marketing campaigns in collaboration with internal marketing teams to drive product adoption
  • Manage the full lifecycle of remittance products, from ideation to launch and post-rollout enhancement
  • Conduct competitor analysis to maintain market relevance and product differentiation
  • Collaborate with legal and compliance teams to ensure regulatory compliance across remittance solutions
  • Serve as the subject matter expert and point of contact for all remittance-related initiatives
  • Build and maintain partnerships with payment schemes, fintechs, and exchange houses
  • Work closely with digital, IT, and distribution teams to integrate remittance products into electronic delivery channels
  • Lead product harmonization initiatives and optimize the product mix for profitability
  • Track product performance metrics including growth, profitability, volume, and audit risk ratings
  • Attend industry events and forums to identify emerging trends and business opportunities
  • Ensure time-to-market goals are met for all new remittance offerings
  • Provide internal training, documentation, and marketing support materials

Job Requirements

  • Bachelor’s degree in business administration, finance, or a related field
  • Master’s degree is preferred
  • Minimum 10 years of experience in product management within banking or payment solutions
  • Proven track record in launching and managing remittance products or money transfer services
  • Strong understanding of customer needs, market dynamics, and regulatory requirements
  • Experience working with cross-functional internal teams and external partners
  • Strong analytical, project management, and communication skills
  • Ability to lead initiatives and deliver within defined timelines

What We Offer

  • High-impact role in the UAE’s largest banking institution
  • Exposure to cutting-edge payment technologies and remittance partnerships
  • Competitive compensation and performance-based incentives
  • Career development within a progressive and innovation-driven environment

About the Company
First Abu Dhabi Bank is the UAE’s largest bank and one of the most secure and trusted financial institutions in the region. Headquartered in Abu Dhabi, FAB provides a full range of financial solutions, products, and services to individuals and businesses. With a strong global presence and commitment to innovation, FAB supports growth and development across the markets it serves.Job Title Remittance Product Manager – Retail Banking Abu Dhabi UAE
Job Description Remittance Product Manager – Retail Banking Abu Dhabi UAEJob Overview
First Abu Dhabi Bank is hiring a Remittance Product Manager to lead the development and growth of its remittance business within the Retail Banking division in Abu Dhabi, UAE. This role is responsible for expanding remittance capabilities, managing partner relationships, and launching innovative products that align with FAB’s revenue and customer engagement goals. Candidates should have a minimum of 10 years of experience in product and portfolio management within banking or payments.Job Location: Abu Dhabi, UAE
Industry: Banking
Function: Product Management
Salary: 18000-22000 monthly (Market estimated)
Gender: Any
Candidate Nationality: Any
Candidate Current Location: UAE preferred
Job Type: Full TimeJob Overview
The Remittance Product Manager – Retail Banking Abu Dhabi UAE is responsible for developing, managing, and enhancing domestic and cross-border remittance products. The role involves leading product innovation, optimizing remittance profitability, ensuring regulatory alignment, and maintaining a competitive edge in the UAE market. This position also oversees collaboration with fintech partners, exchange houses, and internal technology teams.Key Responsibilities

  • Develop and implement strategic plans to grow FAB’s remittance product portfolio
  • Introduce new functionalities and capabilities to enhance customer penetration
  • Oversee marketing campaigns in collaboration with internal marketing teams to drive product adoption
  • Manage the full lifecycle of remittance products, from ideation to launch and post-rollout enhancement
  • Conduct competitor analysis to maintain market relevance and product differentiation
  • Collaborate with legal and compliance teams to ensure regulatory compliance across remittance solutions
  • Serve as the subject matter expert and point of contact for all remittance-related initiatives
  • Build and maintain partnerships with payment schemes, fintechs, and exchange houses
  • Work closely with digital, IT, and distribution teams to integrate remittance products into electronic delivery channels
  • Lead product harmonization initiatives and optimize the product mix for profitability
  • Track product performance metrics including growth, profitability, volume, and audit risk ratings
  • Attend industry events and forums to identify emerging trends and business opportunities
  • Ensure time-to-market goals are met for all new remittance offerings
  • Provide internal training, documentation, and marketing support materials

Job Requirements

  • Bachelor’s degree in business administration, finance, or a related field
  • Master’s degree is preferred
  • Minimum 10 years of experience in product management within banking or payment solutions
  • Proven track record in launching and managing remittance products or money transfer services
  • Strong understanding of customer needs, market dynamics, and regulatory requirements
  • Experience working with cross-functional internal teams and external partners
  • Strong analytical, project management, and communication skills
  • Ability to lead initiatives and deliver within defined timelines

What We Offer

  • High-impact role in the UAE’s largest banking institution
  • Exposure to cutting-edge payment technologies and remittance partnerships
  • Competitive compensation and performance-based incentives
  • Career development within a progressive and innovation-driven environment

About the Company
First Abu Dhabi Bank is the UAE’s largest bank and one of the most secure and trusted financial institutions in the region. Headquartered in Abu Dhabi, FAB provides a full range of financial solutions, products, and services to individuals and businesses. With a strong global presence and commitment to innovation, FAB supports growth and development across the markets it serves.
Post DetailsJob Start Date 1970-01-01
Salary from 18000.00
Salary to 22000.00
Number of Vacancies 1
Location –Location City Abu DhabiDesired Candidate’s Profile
Gender No Preference
Nationality
Candidate Current Location

Expected salary: 18000 – 22000 per month

Location: Abu Dhabi

Job date: Thu, 22 May 2025 22:44:16 GMT

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