Prepaid Card Product Manager – Career Maker Bahrain

About the Role

We are looking for an experienced Prepaid Card Product Manager to lead the end-to-end

product lifecycle of a new prepaid card and digital wallet proposition. The role will be responsible

for product strategy, regulatory readiness, customer value proposition (CVP) design, launch

execution, portfolio management, and continuous optimization.

The ideal candidate should have strong experience in prepaid card product management, digital

payments, card issuing processes, and UAE/GCC banking or fintech environments. This role

requires close collaboration with technology, operations, risk, finance, marketing teams, card

schemes, and external partners to successfully deliver and scale the prepaid card proposition.

Key Responsibilities

Product Launch & Implementation

Own the complete prepaid card product lifecycle from concept development to

commercialization.

Drive launch activities including regulatory submissions, BIN setup, scheme onboarding,

card configuration, KYC/AML workflow design, limit management, testing, UAT, pilot

launch, and go-live readiness.

Coordinate with internal teams and external partners to ensure timely delivery of all

product dependencies.

Customer Value Proposition (CVP) & Product Strategy

Define and enhance prepaid card customer value proposition including features, pricing,

rewards, and digital wallet integrations.

Develop product strategies aligned with customer needs and business objectives.

Identify opportunities for customer segmentation and segment-specific propositions such

as youth/student, institutional, or education-linked prepaid solutions.

Benchmark competitors and analyze market trends to continuously improve product

offerings.

Portfolio Management & P&L Ownership

Manage prepaid card portfolio performance through key metrics including:

Card issuance and activation rates

Average load and spend per active account

Revenue growth

Customer retention and churn

Fraud performance

Own prepaid card P&L management including interchange revenue, fees, funding costs,

and scheme-related expenses.

Use analytics and insights to recommend initiatives for improving profitability and

customer engagement.

Digital Payments & Wallet Integration

Manage integration of prepaid cards with digital wallets such as Apple Pay, Google Pay,

and Samsung Pay.

Ensure seamless integration with existing payment ecosystems and digital platforms.

Work closely with technology teams on product requirements, enhancements, and issue

resolution.

Stakeholder Management & Governance

Act as the primary product owner and business representative across technology,

operations, risk, compliance, finance, marketing, and external partners.

Coordinate with bank scheme partners on pricing, certifications, mandates, and

compliance requirements.

Prepare management dashboards, performance reports, and executive updates.

Support governance forums by tracking milestones, risks, and issue resolution.

Job Details

Preferred Candidate

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