Personal and Private Banking (Product Design and Innovation - PDI)
Location:
Johannesburg, Sandton
Hybrid
Job Family
Finance
Career Stream
Strategic
Leadership Pipeline
Manage Others
Job Purpose
To drive positive behaviour change among clients and staff, while helping our clients make better money choices by leveraging behavioural science to design, evaluate, and implement scalable solutions. Your role as a Senior Behavioural Economist is to lead a portfolio of activities to realise our intent of creating value through positive behaviour change at an individual level. This includes harnessing your deep behavioural expertise, strategic advisory capability, translating insights into actionable business recommendations, and guiding cross functional teams, while contributing to data driven decision-making.
Job Responsibilities
Behavioural Research & Diagnosis
Define and prioritise target client behaviours with business units.
Conduct literature reviews to contextualise behavioural barriers and opportunities.
Lead qualitative and quantitative diagnostic research (interviews, field research, behavioural mapping).
Identify psychological frictions, biases, and contextual factors shaping client behaviour.
Translate behavioural diagnoses into clear problem statements, hypotheses, and recommended interventions.
Behavioural Intervention Design & Testing
Design behavioural solutions using behavioural economics principles and applied behavioural models.
Develop structured behavioural intervention frameworks and implementation roadmaps.
Support and guide data teams in exploring behavioural datasets to quantify patterns and validate hypotheses.
Lead the design and execution of experiments (RCTs, A/B tests, quasi experiments).
Develop clear, persuasive communications that drive behaviour change.
Strategic Reporting & Insights
Produce strategic insights and management reports that inform decision-making.
Contribute to divisional strategy by identifying trends, emerging behavioural opportunities, and optimisation gaps.
Stakeholder Collaboration & Governance
Package research and experiment insights into compelling, senior ready presentations.
Build and maintain strong partnerships across Nedbank.
Represent the BE Unit as a trusted advisor through proactive engagement and thought leadership.
Ensure alignment of behavioural projects with Nedbank strategy, policies, and risk governance standards.
Shape cross functional collaboration to ensure seamless delivery of behavioural projects.
People Leadership & Team Effectiveness
Mentor and coach junior team members in behavioural research and scientific thinking.
Encourage innovation, experimentation, and knowledge sharing within the team.
Contribute to recruitment, onboarding, and team capability development.
Operational Excellence
Support continuous improvement initiatives within the BE Unit.
Maintain structured project documentation, processes, and quality standards.
Contribute to knowledge management, capability building and internal behavioural science community practices.
Essential Qualifications - NQF Level Professional Qualifications/Honour's Degree
Preferred Qualification Master's degree in related field
Minimum Experience Level 7+ years of experience applying behavioural science within financial services
Demonstrated experience designing and evaluating behavioural interventions.
Quantitative research methodologies (Excel, STATA, SPSS, or similar data analysis software)
Qualitative research (survey design, interview question design, experience with Qualtrics or equivalent)
Experience running RCTs/A/B tests at scale.
Behavioural analytics and data interpretation (Martech, Adobe Analytics)
Project management principles (AGILE, Waterfall, or other methodologies)
Stakeholder influence & communication
Financial services consumer behaviour (including users, service providers, and delivery channels)
Advantageous:
Experience influencing senior stakeholders and embedding behavioural insights in product or strategy.
Proficiency in leveraging AI tools and technologies to enhance productivity and building agents
Experience in App development
Technical / Professional Knowledge
Business administration and management
Change management
Client service management
Consumer behaviour
Diversity management
Financial Accounting Principles
Governance, Risk and Controls
Operations planning
Principles of project management
Strategic planning
Behavioural Competencies Aligning Performance for Success
Building Partnerships
Decision Making
Business Acumen
Guiding Team Success
Building partnerships
Planning and Organizing
- Please contact the Nedbank Recruiting Team at +27 860 555 566
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Job Detail
Job Id
JD1648207
Industry
Not mentioned
Total Positions
1
Job Type:
Full Time
Salary:
Not mentioned
Employment Status
Permanent
Job Location
Johannesburg, GP, ZA, South Africa
Education
Not mentioned
Apply For This Job
Beware of fraud agents! do not pay money to get a job
MNCJobs.co.za will not be responsible for any payment made to a third-party. All Terms of Use are applicable.