Head Retail Investments at Nedbank

Job Purpose

• To lead, develop and evolve client centred value propositions to maintain strong coverage of the target segments to achieve Nedbank's strategic objectives. The role requires an individual with extensive experience, expertise and technical skill and understanding of Financial Services and Liquidity Management. This requires an individual that is enable to define, socialise and execute strategy, ensuring it translates into exponential client and revenue growth. The ideal candidate should be a thought leader with the ability to navigate multiple disciplines and decisions within a shifting, uncertain and at times ambiguous landscape.

Job Responsibilities

• Achieve agreed financial objectives by driving sustainable growth and performance of Nedbank Investment product solutions.
• Develop a strategic and action plan to operationalise and implement how Nedbank will compete in market, how market share will be gained and what factors will give Nedbank a competitive capability and advantage within the Investment portfolio.
• Remain competitively positioned by proactively monitoring and responding to competitor activities and legislative requirements through proactive market research, benchmarking of industry best practices and legislative research.
• Meet business objectives by communicating and actioning insights for competitive advantage using integrated reports and analytics.
• Meet financial objectives by leading and supporting the organisational budgeting process and overseeing reporting and monitoring of organisational and functional business unit performance.
• Achieve excellence in strategy execution by integrating people, processes, management, systems, measurements and rewards.
• Create organisational alignment and collaboration with other business areas within the Cluster and Cross-Cluster to drive common achievement of the Nedbank strategy and objectives.
• Manage the overall quality and performance of the portfolio, as well as all aspects of portfolio administration.
• Develop and lead profitable product solutions that grow Investment Products market share and brand presence.
• Manage liquidity and deposit growth by managing co-ordinating pricing, marketing, distribution and margin management.
• Market awareness of the changing trends in investment solutions along with changing clients' needs.
• Exploring potential new opportunities based on how our products compare in the market and their profitability.
• Lead the implementation of new products and services from Incubation to Commercialisation and Scale.
• Explore the value and feasibility of new potential products and services.
• Define portfolio execution processes, planning and implementation, and ensuring consistency of delivery standards.
• Translate strategy into execution, playing a leadership role in guiding the team through the Agile delivery methodology.
• Work closely across the organisation, such as Client experience, segment, channel, Digital, marketing, finance, operations, risk, legal, etc.
• Drive the operationalisation of products and services needed, minimizing organisational complexity and cost to serve.
• Manage team effectively and efficiently across the HR value chain including recruitment, performance management, retention of critical staff, succession planning and coaching and talent management.
• Achieve risk management, governance and compliance requirements by ensuring adherence to agreed processes and policies.
• Mitigate risk by implementing non-financial and financial controls.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Any Relevant Degree with Honour’s/Masters Degree

Minimum Experience Level

• 7-10 years Senior Management experience in managing a team within Banking or Financial Services.

Technical / Professional Knowledge

• Digital Knowledge
• Payments Knowledge
• IT Technical Knowledge
• Financial Principles
• Client Experience
• Leadership and Communication
• Strategic Planning and Execution
• Governance, Risks and Controls
• Business Acumen
• Product Development and Life Cycle

Type of Exposure

• Working with a group to identify alternative solutions to work situations
• Implementing actions to improve the organisational culture
• Building and maintaining effective relationships with internal and external clients and vendors
• Implementing and managing strategies to achieve business area objectives
• Representing the company in Industry related forums
• Displaying high level of ethics, integrity and confidentiality
• Consolidate data from various sources and identify/interpret trends
• Formulating and implementing communication strategies to cascade functional strategies
• Negotiating a major deal/contract
• Providing input into strategy formulation

Technical / Professional Knowledge

• Change management
• Client service management
• Communication Strategies
• Diversity management
• Employee training/development
• Financial Accounting Principles
• Organisational behaviour theory
• Principles of project management
• Strategic planning
• Management information and reporting principles, tools and mechanisms

Behavioural Competencies

• Building Partnerships
• Communication
• Customer Focus
• Decision Making
• Continuous Improvement
• Guiding Sales Opportunities