Portfolio Manager: Consumer Lending Function (eCommerce/Fintech) at Black Pen Recruitment

About the job
Our client, a leading technology communications company in Europe and Africa, is looking to hire a Portfolio Manager (Consumer Lending Function) to join their team in Midrand, Johannesburg, South Africa.

As Portfolio Manager you will need to develop a portfolio of lending products, manage them through the stages of the Consumer Lending products life cycle as well as:

Keep pace with the latest in industry & technology developments as well as the broader regulatory environment;
Improve the overall revenue contribution and performance of lending products in the company
Form part of the Super Application team, developing lending products for a payments Super Application.

Type: Full-Time

The ideal candidate:

• Matric and a relevant 3-year Business degree essential
• A minimum of 8 years of experience within the Consumer Lending industry is essential 
• Experience within a fintech or e-commerce  environment essential 
• Prior Consumer lending product design and development experience is essential 
• A detailed knowledge understanding of the fast-paced unsecured lending industry 
• Understanding of regulatory requirements
• Understanding of system requirements to launch consumer lending offerings preferential; 

Key Accountabilities:

• Develop new innovative consumer lending products 
• Identify and foster relationships/partnerships with entities that are able to deliver on the team’s product wishlist 
• Negotiate contracts and commercials with identified partners 
• Build a brand new business with limited to no pre-existing processes, controls and systems; 
• Grow existing products, such as Voucher Advance; 
• Build and manage a team to create and maintain consumer lending offerings; 
• Development of the Consumer lending marketplace proposition which will span multiple segments from Consumer enterprise  
• Developing all relevant documentation, providing inputs and evaluation for financial business cases, defining business rules and working with customer experience teams to define and refine existing and new customer journeys 
• Revenue projections and forecasts for revenue and analyse and identify shortfalls and areas of improvement 
• Be an expert in making innovative, less than R1000, lending products commercially viable; ∙ Provide insights to the broader team around innovations and developments within the Consumer Lending and Fintech industry ∙ 
• To regularly review launched products to ensure the performance is in line with initial assumptions and implement corrective measures if needed and also look at how to improve/enhance products 
• Keep track of competitor launches and take measures to mitigate risks 
• Monthly product presentations for an audience consisting of managing executives and senior management  

Please Note: Only shortlisted candidates will be contacted.

If this sparks your interest, apply today! we’d love to hear from you!