Vacant Jobs at Postbank (SOC) Ltd

Job Responsibilities

Strategic Planning and Advisory 

• Lead the development and periodic review of the bank’s corporate strategy, annual business/performance plans and transformation roadmap. 
• Act as an internal consultant across business units, advising on strategic alignment, performance optimisation, and innovation. 
• Facilitate strategic planning sessions with Exco and Board Committees, including scenario planning and strategy refreshes. 
• Translate strategic intent into actionable and measurable plans and initiatives.  

Execution Oversight and Performance Monitoring 

• Drive the execution of the strategy across the business through full integration with the Project Management Office (PMO) in alignment with the Corporate Plan and Annual Performance Plan. 
• Work with business units to cascade strategic priorities and ensure alignment in operational plans and KPIs. 
• Monitor implementation progress of key strategic initiatives, identifying risks and recommending course corrections. 
• Lead the development and reporting of performance dashboards for executive and board use. 

Research, Policy and Environmental Scanning 

• Lead environmental scanning and strategic research on market trends, policy changes, competitor activity, and socioeconomic shifts. 
• Develop strategic insights and policy recommendations that support Postbank’s public development finance and financial inclusion role.  

Stakeholder Engagement and Alignment 

• Support the CEO and EXCO in engagements with shareholders and stakeholders (e.g. National Treasury, DCDT, Parliament), regulators (e.g. Prudential Authority), and key partners. 
• Prepare strategic content for presentations, submissions, and oversight reports to government and parliamentary bodies. 

Special Projects and Thought Leadership 

• Drive and/or support high-priority strategic projects, including market entry, partnerships, product expansion, and digital transformation. 
• Provide thought leadership on topics such as financial inclusion, digital banking models, ESG strategy, and public sector innovation. 

Team Management 

• Lead, motivate, guide and manage the team to create an enabling environment to achieve strategic objectives through a culture of performance excellence that promotes teamwork, collaboration, professional development and growth. 
• Manage performance of direct reports, ensuring agreement of annual goals, measuring performance against agreed goals and dealing with non-performance accordingly. Talent management of direct reports including career development/pathing for all staff and succession planning for key positions.  

Qualifications and Experience 

• Bachelor’s degree in Commerce, Economics, Engineering, or related field 
• Relevant Post Graduate qualification in business administration/strategic management (NQF Level 9), e.g. MBA/MBL 
• Minimum 10 years of experience in strategy development and execution, preferably in financial services or banking 
• Proven track record in leading strategic projects and advising executive leadership 
• Experience in working with or within state-owned enterprises or regulated environments is highly advantageous 

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Job Responsibilities 

Strategy Alignment and Implementation 

• Lead the alignment of the functional strategy in line with the overarching the company and cascaded the company business goals 
• Ensure effective implementation of the strategy by means of providing direction, structure, frameworks, models, plans and roadmaps 
• Oversee and review the functional implementation roadmap to ensure its alignment with the business strategy and HR strategy while considering the changing dynamics of the internal and external ecosystem 

Operational Delivery 

• Establish, monitor and align the direction and results of the Rewards function, collectively and as individual work areas 
• Lead and drive an integrated solution development and problem-solving philosophy across the compensation, \benefits and recognition sub-functions 
• Monitor true-value metrics to measure the impact and benefit of the function to the company. 
• Drive continuous improvement 
• Generate visibility for the true-value contributions of the function within the company HR, and Business Leaders to drive greater service acceptance and adoption 
• Based on guidance and direction from the company CHRO drive the automation and digitization of the rewards and recognition suite to enable improved processing efficiencies, analytical capabilities and employee experience, in conjunction with the company’s Employee Experience and Rewards vertical 
• Provide key advisory and support role to the Business Divisions/Units and Human Resources Business Partners (HRBP's) in the field of Remuneration & Benefits 
• Assist in the management of the Incentive Plan and KPI/Scorecard setting process for the organization in close cooperation with the finance function 
• Create and / or revise job descriptions/profiles by meeting with business to identify the key job requirements. Conducts preliminary job analysis and evaluation for new and / or revised job descriptions/job profiles using appropriate grading methodologies. 
• Conducts audits when necessary to prepare new or update current job descriptions/profiles to reflect the changes in the job roles and verify against benchmark data. Maintains a job title catalogue and posts updated job descriptions in HC Shared folders.  

Total Rewards Governance 

• Implement and manage the compensation and Benefits reward and recognition framework as per Company’s guidelines 
• Review and manage the Rewards governance platform in line with the company’s policies, across business to drive internal and regulatory compliance, cost target efficiencies, functional performance, technical resolutions and exchange of practices 
• Proactive evaluation and reporting of relevant rewards performance (financial and non-financial) metrics to enable timely course correction, programs and initiatives 
• Identify and implement actions to ensure internal equity and external competitiveness in terms of reward 
• Lead and drive rewards related Executive Committee proposals, papers and Board of Director submissions 
• Embed and promote Rewards advisory services based on the company’s standards for benefits, compensation, and recognition 
• Lead and manage the company REMCO and other compensation related local governance committee presentations 
• Monitor business impact of rewards and recognition programs 
• Collaborate with HR for ad hoc salary increases and payouts 
• Drive adequate risk mitigation and controls and elicit inputs from relevant parties 
• Perform evaluation baseline of Service Level Agreements (SLAs) and KPIs 
• Drive approval process on new initiatives 
• Drive implementation of incentive and recognition schemes 
• Responsible for contract management of internal and external service providers 
• Provide relevant budget for internal projects 
• Prepare proposal on change initiatives SLA, policies and procedures 

Budgets

• Develop and manage function's budgets in line with business objectives 
• Ensure that the cost of operations is reduced, in line with a least cost operating strategy stemming from the business drivers 

Reporting

• Report monthly to the company CHRO relating to progress made within the function and in accordance with the measurement metrics set by the organisation 
• Report on an ad hoc basis on specific projects, as required 

Staff Leadership and Management 

• Build and manage a high performing team by providing leadership, role clarity, training and career development 
• Continually develop a culture of strong collaboration and effective team working 
• Ensure open communication channels with staff and implement change management interventions where necessary 
• Provide definition of roles, responsibilities, individual goals and performance objectives for the team 
• Performance manage resources in accordance with HR policy and legislation 

Qualifications and Experience 

• Post-Graduate degree (specialization in Commerce/Finance/Mathematics/Sciences/Management/Human Resources as appropriate) or Relevant field (NQF 8). 
• MBA or Masters / Chartered Accountancy (advantageous) 
• Minimum 5 years senior management experience 
• Minimum 8 - 10 years’ experience in Compensation, Benefits, Recognition, Payroll & Share Administration domain 
• Registered member of Rewards professional body (SARA) 
• Project Management experience 
• Financial / Numeracy experience