Job Description
Job Summary
- The Team Member, Fintech Partnerships & Ecosystem works with the Team Lead/Head in driving the Bank’s fintech partnership strategy, expanding the digital ecosystem, and delivering measurable business value through innovation, revenue growth, and operational efficiency.
- The role ensures the development of strategic collaborations, seamless integration of fintech solutions, and adherence to regulatory, data security, and risk management standards.
Principal Duties and Responsibilities
- Drive the expansion of strategic fintech partnerships to enhance the Bank’s ecosystem and competitive positioning.
- Identify, evaluate, negotiate, and onboard fintech partners aligned with business objectives.
- Collaborate with internal and external stakeholders to design and launch innovative products and services within optimal timelines.
- Ensure reduced time-to-market for partnership-driven initiatives.
- Structure and manage partnerships to achieve strong return on investment (ROI) and measurable business outcomes.
- Drive revenue growth through increased cross-selling opportunities enabled by fintech collaborations.
- Monitor and improve the commercial performance of all fintech partnerships.
- Ensure strict adherence to data security, privacy standards, and regulatory requirements in all partnerships.
- Identify, assess, and mitigate risks associated with fintech partnerships in collaboration with Risk, Compliance, and Information Security teams.
- Oversee the seamless and efficient integration of fintech technologies into the Bank’s systems and platforms.
- Promote innovation and adoption of emerging technologies to improve operational efficiency and customer experience.
- Provide periodic reports to Management on partnership performance, risks, and opportunities.
Key Performance Indicators
- Percentage increase in the number of strategic fintech partnerships.
- Time taken to launch new features or services with fintech partners.
- Return on investment (ROI) from fintech partnerships.
- Percentage increase in cross-selling success driven by partnerships.
- Compliance with data security and privacy standards.
- Effectiveness in identifying and mitigating risks associated with partnerships.
- Efficiency in integrating fintech technologies into existing systems
Qualifications and Experience
- First degree in Business Administration, Finance, Technology, or a related discipline.
- Master’s degree or relevant professional certification is an added advantage
- Minimum of 3 - 7 years’ experience in banking, fintech, digital transformation, or partnerships.
- Proven track record in managing fintech partnerships or digital ecosystems.