Product Solutions Cluster - Head of Strategy at Absa Group Limited (Absa)

Job Summary

• As a senior member of the Product Solution Cluster (PSC) Strategy and Value Management Function, the incumbent has accountability for the coordination, development and implement of the PSC strategy including managing the strategy setting process, development and interpretation of data, MI and fact bases as well as the preparation of strategy plans and business cases to support growth and target market share and revenue ambition.

Job Description

Accountability: Provide strategic leadership

• Stay abreast of industry trends and role players and ensure that PSC is well positioned to provide competitive and industry leading services. 
• Identify strategic role players and stakeholders and engage all stakeholders, role players and industry forums to understand changes to strategy, regulations and markets. 
• Set and communicate a long-term strategy that clearly articulates strategic targets and metrics to align the delivery of agreed strategy against the PSC strategic objectives and targets and shareholder expectations. 
• Drive the development and tracking of tactical plans and scoreboards and take corrective actions where required. 
• Orchestrate the necessary process to facilitate regular strategic alignment between Group, PSC and cascaded to the individual businesses.

Accountability: Strategic fact base and knowledge management

Accountable fact base development to inform business cases in support of the PSC strategy.  

This includes:

• Leveraging data already in the organisation 
• External market opportunity and market perception
• Regulatory and Competitor landscape 
• Innovation
• Overall economic and social trends relevant to the strategy
• Design, maintain and update the knowledge repository application using relevant systems, and in alignment to knowledge management standards, to ensure that the repository easy to navigate and the data stored is easy to access.

Create a vibrant knowledge network amongst all PSC strategic and analytical stakeholders to promote sharing in insights generated by businesses.  Create clear focus on Absa RBB knowledge assets.

Education and Experience Required

• B degree or equivalent NQF level 6 or higher qualification
• MBA would be advantageous
• Relevant Tertiary qualification e.g. CA(SA), B.Comm
• Five (5) years ‘experience in the Strategy sector which must include proven experience Banking experience

Education

• Postgraduate Degrees and Professional Qualifications: Business, Commerce and Management Studies (Required)