Vice President - Open Finance, Product Owner
The Open Finance Product Owner will lead RAKBANK’s Open Finance strategy, overseeing the development and commercialization of the bank’s API and data-sharing platform. This role is pivotal in aligning regulatory requirements with business innovation, enabling new revenue streams through embedded finance and Banking-as-a-Service models.
What You’ll Be Doing :
- Define and own the Open Finance strategy, investment cases, and KPI framework.
- Prioritize use-cases across data, payments, identity, and embedded lending.
Platform Build & Governance
Develop the API product catalogue, consent-management model, and data-residency controls.Facilitate governance through the Open Finance Steering Committee.Create revenue models including transaction fees, data monetization, and platform licensing.Manage partnerships with fintechs, aggregators, and third-party providers.Regulatory & Industry Engagement
Represent RAKBANK in regulatory and industry forums.Ensure compliance with UAE Central Bank, Nebras, and other frameworks.Delivery Oversight
Lead cross-functional squads from ideation to launch.Track OKRs, manage budgets, and remove delivery blockers.Talent & Culture
Build a talent pipeline with Open Finance expertise.Promote a partnership-led, experiment-driven culture.What We’re Looking For :
Bachelor’s degree in Finance, Computer Science, Engineering, or related field.MBA or Master’s in Digital Finance preferred.10+ years in financial services innovation, digital banking, or fintech.Minimum 5 years as a product owner in Open Banking / Finance or API-platform programs.Proven success in launching commercial API products and ecosystem partnerships.Deep understanding of UAE regulatory landscape and Open Finance frameworks.Experience working with fintechs, BigTech, and financial institutions.Skills :
Strategic Thinking & Commercial AcumenPartnership & NegotiationRegulatory FluencyAgile Delivery LeadershipCustomer-Centric MindsetCommunication & Stakeholder ManagementPeople & Culture DevelopmentWhat’s In It For You :
Competitive, performance-linked compensationMedical coverage for you and your familyInclusive and diverse workplace cultureCareer development and fast-track growth opportunitiesWork alongside some of the best minds in the industryA chance to bring your whole self to work and thriveSeniority level
Mid-Senior levelEmployment type
Full-timeJob function
Product Management and FinanceIndustries
Banking and Financial Services#J-18808-Ljbffr