Co-Branded Cards Product Management Specialist

Job Title: Co-Branded Cards Product Management SpecialistTerm: 12 monthsLocation: Riyadh, KSADivision: Retail Banking/ Cards & PaymentsReports to: Head of Cards & PaymentsRelevant experience: 10-15 years Cards Product/ Portfolio managementCo-Brand Card Product launchesProcess/ Policy revampMandatory requirements: Experience of product launches, CVP development, SAMA regulations knowledgeCo-brand partner relationship managementKnowledge of cards (Debit, Credit and Prepaid) profitability and key metrics.PURPOSE OF THE PROJECTThe Co-branded Cards Product Management Specialist will be responsible for driving the strategic development, commercialisation, and lifecycle management of cobranded product and will support the client in management of the relationship with the co-brand partner. This includes overseeing product launches, optimizing portfolio performance, managing vendor relationships, and ensuring compliance with regulatory standards. The role is to support the client in the strategic and operational management of card-related sponsorship partnerships. The individual will be responsible for supporting in maximizing the value of sponsorship assets, coordinating with internal and external stakeholders, and driving impactful campaigns that enhance cardholder engagement and portfolio growth.Key ActivitiesCore Responsibilities And AccountabilitiesSponsorship Partnership Management Support in managing the relationship with the sponsorship partnerSupport in ensuring contractual obligations are fulfilled, including branding exposure, asset utilization, and milestone delivery.Coordinate with legal, marketing, and product teams to align sponsorship terms with business objectives.Stakeholder Engagement Act as the central point of contact for internal teams (e.g., marketing, product, analytics) and external vendors.Facilitate steering committees and milestone meetings with senior management to ensure alignment and timely execution.Drive cross-functional collaboration to support campaign development and execution.Product Development Lead the design and rollout of innovative card products tailored to market needs.Define product value propositions (CVPs) and pricing strategies.Collaborate with cross-functional teams (marketing, sales, operations, compliance) to ensure successful product launchesGuide and support in executing strategies aimed at generating revenue through products in alignment with consumer banking strategy. Supports the commercialization of new products and launch of new products and solutions, by recommending pricing, providing sales tools and training the sales team to ensure knowledge transfer resulting in successful sales in partnership with acquisitionsDevelop strong bonds with clients that endure beyond a particular assignment, serves as a go-to resource for client staff, is sought out for knowledge of industry and firmIdentify new business opportunities to support clients with company solutionsManage integration with card processing systems, switches, and vendors.Provide technical support for card applications and resolve operational issuesEnsure seamless delivery of regulatory changes and compliance adherenceAsset Leveraging & Campaign Development Identify opportunities to activate sponsorship assets (e.g., branding rights, experiences) across cardholder segments.Develop compelling campaign concepts that integrate sponsorship elements to boost card usage and engagement.Prepare business cases, creative briefs, and customer communication plans for each campaign.Performance Tracking & Optimization Monitor campaign performance using dashboards and KPIs (e.g., spend uplift, activation rates, engagement metrics).Coordinate with analytics teams to extract insights and optimize future campaigns.Report progress to stakeholders and adjust strategies based on performance outcomes.KPIs Sales and Acquisition growthSpend, ENR and Revenue growth from card productsSuccessful execution of marketing campaignsCustomer satisfaction and superior customer experienceTimely and effective product roll-out and commercializationKnowledge And Experience Bachelors or Masters degree in Business, Finance, Marketing, or related field.Strong understanding of card payments, processing systems, and regulatory environments.10 to 15 years of proven experience in product development, portfolio management, and cross-functional collaboration.Excellent analytical, communication, and stakeholder management skills.