Toptal
Riyadh, Saudi ArabiaPosted 3 days ago
A fast-growing digital bank in Saudi Arabia is expanding its card business into point-of-sale acquiring, and we’re looking for a senior product leader to drive it. The bank started as a digital wallet and has grown into a full branchless bank, with a large prepaid card base and newly launched credit and debit products. Its eCommerce acquiring business is already live. The next step is physical merchant acceptance. This is a build role, not an optimization role. You’ll help design the products, processes, and commercial structures behind POS acquiring in an environment that is still taking shape, and you’ll bring a senior, outside perspective to an existing in-house team. What You’ll Do • Lead the expansion of the acquiring business into point-of-sale acceptance • Define and stand up merchant sign-up, onboarding, and enablement for physical card acceptance • Shape the product, operational, and commercial structures behind a still-maturing acquiring business • Work alongside the bank’s in-house acquiring and product teams, adding senior-level direction and experience • Drive execution against core outcomes: merchant growth, negotiated rates, revenue, and speed to market • Bring a clear point of view on acquiring strategy and execution in the KSA and wider GCC market What You Bring • Hands-on experience running an acquiring business that includes a point-of-sale component • Senior-level product management experience in banking, fintech, or payments • Deep expertise in both POS and eCommerce acquiring • A track record of building or scaling products and processes in a new or evolving operating environment • A strong understanding of digital-first, branchless banking models • The ability to set commercial and execution priorities tied to merchant acquisition and revenue • Direct experience in the Saudi (KSA) payments or banking market Nice to Have • Broader GCC market experience (UAE, Qatar, Kuwait, Bahrain, Oman) • A traditional banking background, paired with a clear perspective on how a digital bank should operate differently • Familiarity with local scheme and regulatory context, such as mada and SAMA requirements • Arabic language skills Show more Show less
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