Head, Product Economics

Johannesburg, Gauteng, South Africa

Job Description


Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities - plus the chance to work alongside some of the sector's most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We're passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.


  • To lead the exploration, mining and packaging of advanced insights that identify and model new revenue opportunities, the revenue gaps and cost reduction across an allocated product portfolio.
  • To define the product economics strategy in alignment with the broader business unit strategy as it relates to specific products
  • To provide input and inform the product strategy using performance insights such as breakeven price, risk appetite, etc. in order to build digitised services that meet customer demand and maximize profitability.
  • To ensure implementation of product economic solutions / algorithms in partnership with Client Solutions, Pricing, Client Management and Credit.
Qualifications

Minimum Qualifications
Type of Qualification: First Degree
Field of Study: Business Commerce

Experience Required
Business Solutions
Business & Commercial Clients
8-10 years
Practical experience in leading actuarial, mathematical, financial and statistical modelling or advanced analytics. Practical experience within banking, business markets and lending is essential. Experience in scenario analysis, business case development and customer journeys interactive algorithms. Experience in implementing large scale projects. Experience in influencing key business stakeholders.

Additional Information

Behavioral Competencies:
  • Articulating Information
  • Convincing People
  • Developing Strategies
  • Directing People
  • Embracing Change
  • Empowering Individuals
  • Interacting with People
  • Making Decisions
  • Providing Insights
  • Resolving Conflict
  • Thinking Positively
  • Understanding People
Technical Competencies:
  • Customer Understanding (Business Banking)
  • Financial Acumen
  • Financial Management (Financial)
  • Product Knowledge (Business Banking)
  • Risk Identification
  • Risk Measurement
  • Risk/ Reward Thinking

Standard Bank

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Job Detail

  • Job Id
    JD1246430
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Johannesburg, Gauteng, South Africa
  • Education
    Not mentioned