Strategy Development Lead at Nedbank

Job Purpose

• To facilitate the formulation of strategy by providing analytical support, strategic research, strategy insights, articulation, translation, and communication of strategic implementation together with reporting of outcomes, as per Nedbank's business requirements - in support of the successful development and implementation of the Nedbank strategy.

Job Responsibilities

• Strategy Management: Through strategic research and market / competitor analytics drives strategy insights towards strategic opportunity identification. Support and drive the delivery of key strategic enterprise initiatives by proactively engaging with key stakeholders. Assist in cross-cluster decision making through collaborative resolution and problem solving. To facilitate long term strategy development and provide company management with strategy updates. Provides management with corporate performance measures and competitor analysis and ensures functional alignment with Group strategy. Responsible for developing partnerships, strategic alliances and associations whilst representing the company's views effectively.
• Strategy Development / Formulation: Facilitate the formulation of strategy in the form of three-year business plan. Identify and analyse key trends to improve business competitiveness. Facilitate discussions on key strategic interventions through business meetings. Assist in the identification of strategic opportunities for Group through market analytics and research. Obtain buy-in for developing new and/or enhanced processes (e.g., operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
• Business planning: Develop business planning guidelines and facilitate planning reviews to ultimately enable a consolidated annual Group business plan creation through cluster contributions.

Strategy Execution monitoring: Review Group strategic aspirations through reviewing contributing targets and milestones with analytics and reporting. Ensure execution of strategic initiatives through monitoring and benchmarking of outcomes. Coordinate strategic initiatives and collaboration through joint planning and review sessions.

• Seek opportunities to improve business processes; models and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
• Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g., staff surveys etc.). Research and make recommendations for corporate citizenship initiatives in area of influence. Participate and support corporate responsibility initiatives for the achievement of business strategy.
• Ensure personal growth and enable effectiveness in performance of roles and responsibilities by ensuring all learning activities are completed; experience practiced, and certifications obtained and/or maintained within specified time frames. Enable skilling and required corrective action to take place by sharing knowledge and industry trends with team and stakeholders during formal and informal interaction.

People Specification

Qualification

Essential (required Minimum)

• Matric plus B.Com, Business Science degree, Economics degree , or BSc degree

Preferred

• Chartered Account (CA), Masters in Business Administration (MBA) and or an equivalent business-related degree, or Chartered Financial Analyst (CFA)

Minimum Experience Level

• 8+ years working experience and relevant industry experience

Advantageous Experience

• 3+ years of project or change management experience
• Strategy development experience at prominent strategy consulting firms

Technical / Professional Knowledge

• Strategy development
• Strategy implementation
• Banking procedures
• Industry trends
• Microsoft Office
• Principles of project management
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Risk management process and frameworks
• Financial Acumen
• Business writing and presentation skills
• Research and analytics
• Cluster Specific Operational Knowledge
• Business Acumen
• Banking knowledge

Behavioural Competencies

• Influencing
• Facilitating Change
• Earning Trust
• Decision Making
• Initiating Action
• Innovation
• Becoming a Business Advisor
• High-Impact Communication

Closing Date: 25 April 2023