Job Description

Empowering Africa's tomorrow, together...one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
Develop the product strategy, portfolio shape, commercial agenda and drive the full lifecycle for new and existing Transactional Banking products and services including Overdraft (OD), from proposition to development, to deliver a compelling and market competitive value proposition.

Strategy Formulation and Execution:

Develop the product and proposition management strategy incorporating the use of market analysis and data from product conceptualisation, design, financials, commerciality, development, implementation and go-to-market planning.

Includes the formation integrated proposition development incorporating products, services and proposition across product houses and clusters (where required)

Provide Pricing strategy input & direction

Customer Primacy:

Drive customer primacy through the formulation and management of compelling product propositions and product offerings

Sustainable Growth:

Using extensive market data and trend analytics, understand the product make-up mix and offerings that would ensure future sustainability and growht including the explorations of next-generation prodicts and propositions.

Provide steer into effective product management and product life cycle managment for sustained product and customer growth

Client-Driven Innovation and Change:

Accountable for the exploration, introduction and implementation of innovative new products and services, through driving of change initiatives through BOW prioritization

Ensure that Customer experience standards are aligned to the product/proposition

Drive competitive advantage through continuous innovation

Leading Talent:

Coach, mentor and manage team members toward driving business objectives and ensuring colleague development.

Maintain and drive strong operational and solutioning capabilities within the team to deliver on evolving customer and market requirements.

Drive colleague experience and stability and create a culture of continuous improvement.

Operational Effectiveness:

Ensure the operationalisation of existing and new initiatives in a cost-effective, operationaly efficent and timely manner to ensure speed to market and commercial viability.

Drive Product/position simplification/rationalization to ensure remains relevant and fit for purpose

Digital Adoption:

Drive the conceptualisation, design, build and development of products and propositions to ensure uptake and usage via the digital platforms thus driving digital adoption.

Good Governance, Risk and Compliance:

Drive governance, risk mitigation and compliance in all phases of product proposition, development, delivery and managment including the change process. Ensure adherance with all regulatory requirements and standards in all phases to prevent non-complaince.
Education
Bachelor's Degree: Business, Commerce and Management StudiesAbsa 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