As the implementation phase of Buna, formerly known as the Arab Regional Payment System (ARPS), project picks up momentum, we are looking for a Product Specialist to join our founding team. Duties of the Product Specialist include setting the strategy, roadmap and vision for Buna’s products. The job holder is also responsible for driving and promoting innovation via new products as well as improvement opportunities of existing products. This position will report to Chief Strategy & Development. In this context, the following sections detail the main qualifications, skills and responsibilities related to this position:
Job Responsibilities
Product Design and Development
Build functional and technical requirements of Buna products
Propose enhancements and development of Buna products with emphasis on innovation that addresses the current and future business needs of Buna’s participants
Develop metrics and measurable KPIs to assess the success of products and determine necessary enhancements
Define, in collaboration with the engineering team the timeline for product implementation
Product Management and Optimazation
Construct business cases for Buna products based on market research, competitive analysis and data analytics tools
Drive and communicate Buna core existing and new products vision and goals to keep the business relevant and competitive
Provide advice and guidance on direction of Buna products
Prioritize product opportunities, requirements and features
Lead and participate in product planning meetings
Maintain in-depth knowledge of products, solutions, and company offerings
Coordinate with other divisions to ensure alignment on product development and expectations
Collaborate with cross-functional teams in operations, product, and engineering to deliver all products and features as per developed plans
Provide subject-matter expertise on go-to-market strategy, product positioning, and pre-sales support to Buna’s business development and marketing teams, as well as other internal and external stakeholders
Demonstrate functionality of completed products to internal team members and other stakeholders
Manage in proof-of-concept initiatives to test additional features
Market ANalysis
Conduct market research and competitive analysis to identify potential future market needs (new features or products)
Leverage data analytics tools to monitor and enhance the partner’s experience and business performance of Buna products
Work with direct participants to identify their product needs
Analyse key gaps between Buna features and participants’ needs
Qualifications and Skills
Experience & Education
5+ years of product management experience
Experience in cross-border payment systems, FX solutions and fintech products
Prior experience with payment APIs and backend technologies
Experience in the following areas is a plus (Payment Market Infrastructures (PMIs), Instant Payments, Securities and Debt markets, and CBDCs)
Graduate degree from a reputable university preferably in computer science or any relevant technical field
Skills / Agile stuff
Knowledge of product development, management, optimization, data collection and extraction and analysis
Excellent communication skills (oral and written)
Proficient in product management methodologies and tools, data analytics tools, Microsoft Project, and Microsoft Office (Outlook, Word, Excel and PowerPoint).
Excellent organization and time management skills, negotiation skills, and ability to work on own initiative, accurately to tight deadlines, and to prioritize between conflicting demands
Ability to handle multiple tasks with tight deadlines simultaneously
Effective team player and excellent relationship building skills with ability to demonstrate a high level of discretion and positive attitude with all internal and external stakeholders
Ability to maintain the highest level of confidential/sensitive information and professionalism
Languages
Fluent in English
Knowledge of Arabic and French
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