Executive Director Products

About the Role

We are seeking a visionary and results-driven Executive Director of Products to lead the development and execution of innovative real estate financing initiatives across the Kingdom. In this pivotal leadership position, you will be responsible for shaping and implementing strategic plans that drive product innovation, expand housing solutions, and contribute to the Organization’s mission of increasing homeownership rates among citizens. Your role will encompass the oversight of the entire Product Sector, ensuring alignment with the Organization’s vision, mission, and strategic priorities while maintaining rigorous compliance with regulatory frameworks and delivering high-quality, cost-efficient services.

Key Responsibilities

• Strategic Leadership and Vision: Develop and cascade the overall Product Sector strategy, ensuring seamless alignment with the Organization’s long-term objectives. Lead the design and execution of initiatives that foster real estate financing growth, product innovation, and housing solutions tailored to meet national priorities.
• Policy Implementation and Governance: Establish and enforce robust policies, procedures, and governance frameworks to govern all Product Sector activities. Ensure full compliance with regulatory requirements while maintaining operational excellence and service quality.
• Financial Stewardship: Oversee the consolidation and management of the Product Sector budget, closely monitoring financial performance against established targets. Identify areas of underperformance, implement cost optimization measures, and drive revenue enhancement opportunities to maximize efficiency and impact.
• Workforce and Operational Oversight: Approve workforce plans and operational requirements to ensure the seamless execution of Product Sector activities. Foster a high-performance culture by aligning talent with strategic goals and operational demands.
• Cross-Functional Collaboration: Facilitate effective coordination with internal departments to provide the necessary support and resources for achieving sector objectives. Act as a liaison to ensure alignment and synergy across all functional areas.
• Market Research and Product Innovation: Lead comprehensive market research, feasibility studies, and financial analyses to identify gaps and opportunities in real estate financing products. Develop innovative product offerings that target underserved segments while aligning with national strategic goals and evolving market dynamics.
• Product Lifecycle Management: Oversee the end-to-end lifecycle of financing products, from ideation and development to delivery. Ensure thorough assessment of product requirements, specifications, and market viability to drive successful outcomes.
• Change Management and Continuous Improvement: Champion change management initiatives to enhance systems, processes, and operational practices. Drive continuous improvement by integrating global best practices and adapting to market shifts to maintain a competitive edge.

Qualifications and Experience

To excel in this role, you must possess the following qualifications and experience:

• Education: A Bachelor’s degree in Marketing, Advertising, or a related field is required. Advanced degrees such as a Master’s or PhD are highly desirable and may reduce the required years of experience.
• Experience:
  • With a Bachelor’s degree: Minimum of 12 years of progressive experience in a leadership role within the real estate, financial services, or product development sectors.
  • With a Master’s degree: Minimum of 10 years of relevant experience.
  • With a PhD: Minimum of 8 years of relevant experience.
• Core Competencies:
  • Proven track record in strategic planning, product innovation, and financial management within the real estate or financial services industry.
  • Strong leadership skills with the ability to inspire and guide cross-functional teams toward achieving organizational goals.
  • Exceptional analytical and problem-solving abilities, with a keen understanding of market trends and regulatory landscapes.
  • Excellent communication and stakeholder management skills, with the ability to influence and collaborate across all levels of the organization.
  • Commitment to driving continuous improvement and fostering a culture of innovation and excellence.