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  • Posted: Nov 4, 2021
    Deadline: Not specified
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  • Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise the possibilities on our continent and beyond.
    Read more about this company

     

    Product Development Manager - Payments (Everyday Banking)

    Job Summary

    BRIEF OVERVIEW OF THE SPECIFIC BUSINESS UNIT:
    This role is within RBB: Everyday Banking in Transactional Banking reporting into the head of Product Development

    BRIEF OVERVIEW OF THE ROLE:
    An exciting role that focuses at optimization opportunities within the Transactional Banking business into digital solutions and channels such as Online or App To provide advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist product development expertise.

    The role provides an opportunity to engage at various levels across the in the formulation of innovations in the Transactional.

    Job Description

    KEY RESPONSIBILITIES:

    The high-level duties of the role:

    • Product Innovation: Undertake market analysis to determine product/market share opportunities.

    • Build product improvement and innovation pipeline in-line with opportunities identified 

    • Product Change: Plan and manage on-going product Investments, activities and changes

    • Stakeholder Management: Build and maintain effective stakeholder relationships within the industry and within bank to ensure the unit is successfully positioned to manage risks and expectations

    • Product Performance: Manage and monitor product essentials such as but not limited to profitability, sales volumes etc

    • Risk and Control: Ensure that required Regulatory/Compliance requirements for products are in place and understood by all. Will require detail understanding of Regulatory environment relating to the product

    • Commercialization of Initiatives : Ensure that all initiatives have sound commercial and go to Market  plans before implementation.

    • Participate in various initiatives to support customer experience objectives, assessment of processes with a view to identify opportunities for automation as a stakeholder and act as subject matter expert to support continuous process improvement efforts

    • Product Innovation: Undertake market analysis to determine product/market share opportunities. Build product improvement and innovation pipeline inline with opportunities identified

    • Product Change: Plan and manage on-going product Investments, activities and changes | Stakeholder Management: Build and maintain effective stakeholder relationships within the industry and within bank to ensure the unit is successfully positioned to manage risks and expectations

    • Product Performance: Manage and monitor product essentials such as but not limited to profitability, sales volumes etc Risk and Control: Ensure that required Regulatory/Compliance requirements for products are in place and understood by all. Will require detail understanding of Regulatory environment relating to the product

     

    MINIMUM REQUIREMENTS:

    • Relevant B degree or equivalent NQF level 7 qualification

    • At least 3-5 years banking ⁄ technology/ financial services environment experience

    • At least three (3) years Product Development and Management knowledge and experience

    • Extensive knowledge and experience in Payments

    • Project management experience

    • Commercial Assessment capability

    • At least 3-5 years’ experience in business systems management or process optimization

    Education

    Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

    Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

    Absa Bank Limited reserves the right not to make an appointment to the post as advertised

    Method of Application

    Interested and qualified? Go to Absa Group Limited (Absa) on absa.wd3.myworkdayjobs.com to apply

    Note: Never pay for any training, certificate, assessment, or testing to the recruiter.

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