Fortis
Fortis

General Manager Banking Products

Fortis is expanding its SME Financial Services offering and seeking a Head of Banking Products to build, launch and scale our full suite of SME banking solutions. This is a business leadership role with ownership over P&L, commercial strategy, banking partnerships and market expansion across selected MENA markets.

You will define the strategy, economics and execution model for our SME Banking Products portfolio — spanning accounts, cards, spend management, cash management and embedded credit — ensuring they deliver clear, repeatable value to SME merchants.

What You’ll Do

  • Own and scale the SME Banking Products portfolio, including full P&L responsibility across revenue, margins, unit economics and investment planning.

  • Define the multi-year vision and roadmap for SME financial products: accounts & wallets, corporate/expense cards, spend controls, cash management, reconciliation flows, credit lines and value-added financial services.

  • Identify unmet financial needs of SMEs and translate them into high-impact, scalable banking propositions with clear commercial outcomes.

  • Architect the commercial, operational and partner-bank models supporting product delivery (account issuing, card issuing, lending, compliance frameworks).

  • Lead end-to-end go-to-market strategy, including proposition design, pricing models, partner enablement, distribution channels, and onboarding funnels.

  • Build robust and compliant product economics, ensuring clarity on revenue models, cost drivers and sustainable contribution margins.

  • Develop business cases, investment approaches and launch plans for new SME financial products and regional expansions.

  • Partner closely with Product, Growth, Sales and Customer Success to drive merchant adoption, activation and retention.

  • Lead expansion into selected MENA markets based on product readiness, banking partner availability and market economics.

  • Continuously evaluate SME banking trends, competitor offerings and regulatory shifts to inform strategy and prioritization.

What You’ll Need

  • 8+ years in banking, fintech, neobanking or embedded finance, focused on SME or business banking.

  • Fluency in English and Russian; additional languages are a plus.

  • Proven track record of building, scaling or commercializing SME financial products.

  • Experience owning or leading a product line or business unit with P&L responsibility.

  • Strong exposure to bank partnerships: account issuing, card issuing, credit programs, compliance frameworks and operational delivery.

  • Deep understanding of SME financial workflows: cash flow, payables/receivables, expense controls, reconciliation, credit access.

  • Experience launching banking products or expanding them into new markets.

  • Strong commercial acumen: pricing, unit economics, financial modeling, portfolio optimization.

Nice to Have

  • Prior exposure to MENA SME banking, especially UAE.

  • Experience integrating financial products into a broader merchant or operational ecosystem (POS, merchant portals, payments).

  • Background working with AI-enabled decisioning, underwriting or financial operations.

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