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Pretoria: Financial Services Products Manager (Corporate) posted by Sagen Advisory






Date 2024-07-07
Job Title Financial Services Products Manager (Corporate)
Employer Sagen Advisory
More Information
Salary 120000
Category Finance Accounting
Location Gauteng
/ Pretoria

Job Summary

We are looking for an exceptional candidate, with a post-graduate degree or MBA, who brings 5-8 years of dynamic experience in banking product management and a minimum of 2 years in a leadership role. If you have a proven track record in launching successful products and thriving in competitive markets, we want you! You`ll need excellent communication, leadership, and analytical skills, along with a solid grasp of agile methodologies and business intelligence tools. Proficiency in project planning, budgeting, and delivering top-notch customer experiences is essential. Be part of an exciting journey in the financial sector!

QUALIFICATIONS & MINIMUM EXPERIENCE:

  • Post-graduate degree / MBA
  • Advantageous: Qualification in strategy, leadership, business management, or credit management
  • 5-8 years in banking product management (Lending and Savings and Investment)
  • At least 2 years in a leadership role
  • Proven success in product launches and market performance
  • Strong understanding of the financial sector and competitive landscape
  • Excellent communication, interpersonal, and presentation skills
  • Effective leadership and management of cross-functional teams
  • Strong analytical and problem-solving skills
  • Experience with Agile development methodologies
  • Data analysis skills and experience with business intelligence tools
  • Strong understanding of customer experience (CX) best practices
  • Highly proficient in project planning, budgeting, and oversight

KEY DUTIES & RESPONSIBILITIES:

Management and Business Planning

  • Strategically link activities to business objectives, prioritizing product functions.
  • Ensure effective implementation of strategies in responsible areas.
  • Align functional strategies with overall business strategy.
  • Develop and implement functional business plans.
  • Identify and address key social, political, and societal issues.
  • Participate in Exco, Exco Committees, and Exco decision-making for effective Group planning.

Lead the Financial Service business unit

  • Oversee managers and specialists to ensure product performance and market acceptance
  • Build and maintain Lending and Investment structure to meet Group objectives
  • Provide input to Business Director for executive approvals on strategy and resources
  • Implement approved innovation projects to increase revenue streams
  • Develop business cases and recommendations for Exco, including partnerships
  • Manage new business initiatives for Lending and Investment
  • Maximize revenue growth by implementing strategic objectives
  • Drive market share gain or customer acquisition through teams
  • Monitor product satisfaction and retention rates against objectives
  • Lead development of commercially sound business strategies
  • Ensure initiative performance metrics meet ROI targets
  • Manage stakeholder expectations to identify and implement growth opportunities
  • Engage with stakeholders to enhance innovative thinking
  • Develop and implement effective communication plans for the department
  • Collaborate with finance to ensure adherence to good financial practices
  • Oversee effective rollout by product and sales teams and develop go-to-market plans
  • Present and manage departmental capital and operational budgets
  • Ensure effective communication between all supporting business units through regular engagements
  • Develop and recommend product vision and roadmap aligned with Group goals and market trends
  • Formulate short to long-term product strategy for Business Development Director`s approval
  • Define product success metrics and track progress

Micro-lending and Savings and Investment Products

  • Forecast sales targets by analyzing market size and opportunities
  • Manage key business metrics (profitability, market development, retention, customer service) to deliver business opportunities with Business Development Director`s support

Credit and Operations Management

  • Lead Credit and Operations team to optimize lending business
  • Develop and implement credit risk mechanisms to manage bad debt
  • Implement sound operational processes and business practices
  • Ensure compliance with regulatory reporting requirements

Manage key stakeholder and third-party relations

  • Collaborate with strategic partners to deliver Group value proposition
  • Promote strong brand awareness with external stakeholders
  • Stay updated on industry trends and recommend innovative solutions
  • Establish strategic alliances for business opportunities

Manage business risks

  • Identify and manage the business risks and ensure compliance with regulation requirements.
  • Manage the application of credit risk models and metrics to manage credit risks.
  • Manage the credit limits and ensure that they are aligned with the approved credit policy.

People management

  • Develop a fit-for-purpose structure and resource allocation for business objectives and growth
  • Build and lead an effective, collaborative team
  • Define roles, responsibilities, manpower modelling, and measurable objectives
  • Develop and manage KPAs and KPIs for direct reports
  • Ensure adherence to people management and performance processes
  • Coach and mentor managers and department structures
  • Implement rewards and recognition systems
  • Ensure team development for succession planning
  • Develop and implement a high-performance culture with HR

Financial Services Products Manager (Corporate) position available in Gauteng, Pretoria. This job position was posted by Sagen Advisory. The job has been posted as a premium ad on 2024-07-07 at 13:02:11 in the Finance Accounting category

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