Manager – International Remittance at Safaricom Kenya

Detailed Description

Reporting to the Senior Manager – Universal Payments The position holder will be responsible for the product strategy, execution and expansion of international money transfers. The incumbent will interact regularly with the regulator, various partners and Hubs serving different corridors to ensure sustained growth while managing the contractual obligations and pricing .The incumbent will also ensure additional and adequate ongoing strategic and tactical focus on the proper execution of the overall IMT strategy.

Responsibilities

• Develop and manage the overall FS IMT strategy from strategic planning through tactical execution
• Own the product roadmap of the organization platform thinking holistically across the entire value chain to further the organization’s position in the market
• Guide the business in the growth of both outward and inward remittances
• Exploit new business opportunities beyond wallet to wallet transactions
• In charge of the overall IMT revenue
• Develop an IMT business strategic partnership framework that defines the contractual engagement for onboarding new partners and Hubs.
• Identify key corridors and strategic partners for key marketing and pricing decision.
• Work closely with existing and new IMT partners to identifying opportunities that will ensure growth on revenue
• Define marketing strategy and plans to grow business in key corridors
• In liaison with the regulatory team drive deeper relationships with the regulator to ensure approval of new partners to new corridors
• Analyze the impact of the grey route partners and devise strategy that will reduce impact on the overall business performance
• Develop targeted IMT loyalty scheme aimed at retaining and recruiting new customers
• Working closely with the AML and AML teams ensure proper due diligence and compliance monitoring on existing and new partners

 
QUALIFICATIONS

• Degree from a recognized university preferably in Business, Research, Finance or Economics
• A Master’s degree will be an added advantage
• At least 3 years’ experience in private banking or Financial Services industry, demonstrated progression and at least 3 years’ experience in a Telecommunications in a similar position.
• Must have a good understanding of the payment/financial services market.
• Must have excellent financial and analytical skills.
• Must demonstrates an awareness of current events and trends