Functional Lead: VP Incubation at Nedbank

Job Purpose

• This exciting role will be reesponsible for the end-to-end execution of the strategic digital roadmap across multiple digital front-end channels across a complex portfolio of business units. These product strategies must be aligned to the Group and business unit requirements and contribute to the overall achievement of the bank’s strategy. To deliver complex, large scale digital products through the integration and optimisation of the internal value chain

Job Responsibilities

• To manage digital and innovation initiatives through the innovation life cycle of ideation, incubation and acceleration.
• To create a vibrant network of digital activists and encourage the use of entrepreneurial management practices to deliver disruptive business solutions that are commercially viable and technically feasible and that can be sustained in the business context to deliver against well-defined business outcomes
• Coach the teams to identify and improve areas in the lifecycle with bottlenecks, inhibitors and/or obstacles to change and success, to reduce the time to market for initiatives, improve accuracy, consistency and scalability.
• Use various problem discovery methods to identify gaps and recommend the appropriate technology and digital design for a seamless client experience
• Proactively keep up to date with local and global digital innovations. Analyse digital solution capabilities in the market to identify opportunities to disrupt current business solutions and industry best-practice, develop new and enhance existing solutions to meet customers'' expectations, maximise the return of investment and position Retail Digital and Innovations as thought leaders
• Facilitating commercial and technical development discussions with external partners across a broad range of sectors
• Execute on commercial aspects of digital payment initiatives
• Ensuring customer acquisition and retention in terms of digital payments products
• Building and developing long term partnerships across digital channels
• Engaging with senior level Executives
• Identifying high yielding digital partnerships and propositions
• Creating and conveying compelling value propositions
• Supporting the establishment of business and technical relationships
• Generating and executing initiatives to drive growth with partners
• Supporting delivery of technical, marketing and commercial roadmaps
• Reviewing, analysing and evaluating the success of initiatives
   

Essential Qualification

• Bachelors or Honours Degree in Business, Commerce or Economics

Preferred Qualification

• MBA

Minimum Experience Level

• Strong commercial acumen across digital industries
• At least 5 years’ experience in business and product development, as well as identifying and securing relationships with external partners pertaining to digital channels
   

Behavioural Competencies

• Driving Innovation
• Customer Focus
• Operational Decision Making
• Strategic Planning
• Building Customer Relationships
• Driving for results

Technical / Professional Knowledge

• Awareness of the Software Development Life Cycle (SDLC)
• Knowledge of specific technology
• Business Acumen
• Company/Division/Cluster/Business Unit specific business knowledge
• Internal Business Products and Processes
• Business analysis
• User stories
• Multiple IT products
• Product design
• Specific IT products knowledge

Type of Exposure

• Maintained Productive Working Relationships
• Managed work deliverables
• Managed work processes
• Collaborating and networking with stakeholders
• Developing multiple creative solutions in terms of a Great Place to work
• Facilitate Working with a group to identify alternative solutions to a problem
• Networking and building business relationships
• Relationship and interpersonal skills in working with IT vendors across the entire contract life cycle.
• Working on large; complex; multi-disciplinary projects
• IT Practices and Industry Knowledge