Executive Specialist: Product and Proposition Management at Absa South Africa

Job Summary

• Develop the product strategy, portfolio shape, commercial agenda and drive the full lifecycle for new and existing credit products and services (Term Loans, Student Loans, Revolving Loans and Payday Loans) from proposition to development, to deliver a compelling and market competitive value proposition.

Job Description

Strategy Formulation and Execution:

• Develop the product and proposition management strategy incorporating the use of market analysis and data from product conceptualization, design, financials, commerciality, development, implementation and go-to-market planning.
• Includes the formation integrated proposition development incorporating products, services and proposition across product houses and clusters (where required)
• Provide Pricing strategy input & direction

Customer Primacy:

• Drive customer primacy through the formulation and management of compelling product propositions and product offerings

Sustainable Growth:

• Using extensive market data and trend analytics, understand the product make-up mix and offerings that would ensure future sustainability and growth including the explorations of next-generation products and propositions.
• Provide steer into effective product management and product life cycle management for sustained product and customer growth

Client-Driven Innovation and Change:

• Accountable for the exploration, introduction and implementation of innovative new products and services, through driving of change initiatives through BOW prioritization
• Ensure that Customer experience standards are aligned to the product/proposition
• Drive competitive advantage through continuous innovation

Leading Talent:

• Coach, mentor and manage team members toward driving business objectives and ensuring colleague development.
• Maintain and drive strong operational and solutioning capabilities within the team to deliver on evolving customer and market requirements.
• Drive colleague experience and stability and create a culture of continuous improvement.

Operational Effectiveness:

• Ensure the operationalisation of existing and new initiatives in a cost-effective, operationaly efficent and timely manner to ensure speed to market and commercial viability.
• Drive Product/position simplification/rationalization to ensure remains relevant and fit for purpose

Digital Adoption:

• Drive the conceptualisation, design, build and development of products and propositions to ensure uptake and usage via the digital platforms thus driving digital adoption.
• Good Governance, Risk and Compliance:
• Drive governance, risk mitigation and compliance in all phases of product proposition, development, delivery and managment including the change process. Ensure adherance with all regulatory requirements and standards in all phases to prevent non-complaince.

Education

• Bachelor's Degree: Business, Commerce and Management Studies