Job Description

Job Purpose

The Head of Business for Financial Institutions and Online will be a pivotal leader within our organization, responsible for driving business growth, fostering strategic partnerships within the financial sector, and overarchingly setting the segment's strategy for short-, medium-, and long-term sustainability. This role requires a visionary leader with a deep understanding of financial institutions and integration processes who can seamlessly blend business acumen with technical expertise to deliver exceptional results.

Key Responsibilities

Strategic Leadership:


Develop and implement business strategies that align with the company's objectives, focusing on financial institutions and integration services. Continuously assess the market landscape to identify opportunities for growth and innovation.

Partnership Development:


Build and maintain strong relationships with key stakeholders, including banks, financial service providers, and technology partners. Negotiate and secure strategic partnerships that enhance the company's offerings and market position.

Integration Management:


Oversee the integration of financial services and products, ensuring seamless interoperability with existing systems. Collaborate with technical teams to design and implement integration solutions that meet client needs.

Business Development:


Identify new business opportunities within the financial sector, including potential markets, products, and services. Lead efforts to expand the company's client base and increase market share.

Team Leadership:


Manage and mentor a team of professionals, fostering a culture of excellence and continuous improvement. Provide guidance and support to ensure the team achieves its goals and objectives.

Market Analysis:


Conduct thorough market research and analysis to stay abreast of industry trends, competitive dynamics, and regulatory changes. Use insights to inform business strategies and decision-making.

Financial Performance:


Monitor and report on the business unit's financial performance, ensuring targets are met or exceeded. Develop and manage budgets, forecasts, and financial plans, including all business financial metrics that are used. Compliance and Risk Management: Ensure all business activities comply with regulatory requirements and industry standards. Identify and mitigate risks associated with financial online.

Compliance and Risk Management:


Ensure all business activities comply with regulatory requirements and industry standards. Identify and mitigate risks associated with financial online.

Competencies

Strong leadership and strategic thinking abilities. Excellent communication and negotiation skills. Deep understanding of financial institutions and integration technologies. Proven ability to manage cross-functional teams and projects. Analytical mindset with strong problem-solving skills. Tech Savvy: Anticipates and adopts innovations in business-building digital and technology applications, relevant to customer requests or industry norms.

Education

Matric - Essential Minimum Bachelor's degree in Business, Marketing, Finance, or a related field. - Essential MBA Preferred

Experience

Minimum of 10 years of experience in the Financial Institution services industry, with a focus on business and segment development. A strong network in the Financial Institutions sector -Essential * A proven track record of running a business from a financial performance perspective