Senior Product Manager Liquidity And Accounts

Operating in the UAE for over 50 years, CBD manages the financial requirements of some of the largest corporates and businesses operating in the country, driving the UAE economy. Over the years, CBD has transformed into a progressive and modern banking institution winning multiple awards for its digital initiatives, credit cards, bank accounts, mobile app features and services.

CBD has been recognized as the number one bank in the UAE on the Forbes list of The World’s Best Banks 2022.

As we continue to build upon our successes, we are looking for ambitious individuals who are passionate about the banking and finance industry and the markets in which CBD operates. Just as important to us is your ability to demonstrate a talent for dealing with people - your colleagues and our customers and delivering service that really goes the extra mile.

Job Purpose:

The Liquidity & Accounts Senior Product Manager will manage the multi-billion AED balances for WBG and build functionality to support our clients operational balances.

Principal Accountability:



Liquidity Strategy & Optimization

Develop and refine liquidity models to maximize profitability and pricing efficiency.

Undertake balance and cash flow forecasting in collaboration with Treasury.

Product Development & Execution

Launch Full Virtual Account Management and deliver Notional Pooling as a holistic offering.

Align payment functionality between Physical Accounts (PA) and Virtual Accounts (VA) for seamless payment and reporting.

Implement Multibank Liquidity solutions and enhance reporting capabilities.

Market & Vendor Management

Benchmark reporting and develop associated strategy plans.

Optimize vendor relationships to extract maximum value and ensure best-in-class solutions.

Revenue & CASA Growth



P& L management, specifically driving conversion of cash deposits into operational deposits linked to business activity, improving stickiness and reducing attrition risk

Requirements:

Education And Experience

Bachelor’s/master’s degree in economics/Accounting/ finance / business management

Preferable if CertICM or equivilant

Minimum 10+ years in Transaction Banking, Liquidity Management, or Cash Management.

Proven track record in designing and implementing liquidity solutions (Virtual Accounts, Notional Pooling, Multibank structures).

Strong understanding of regulatory frameworks and treasury operations.

It will be beneficial if you have experience owning transaction banking vendors or software providers.