Business Transformation Lead

1 week ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Business Transformation Lead

  • Location: Nedbank 135 Rivonia Road, Sandown, Sandton. Johannesburg.
  • Closing Date 19 February 2024
  • Career Stream
  • Strategic


Leadership Pipeline
  • Manage Self: Professional

Job Purpose

  • To lead and drive strategic business transformation initiatives, ensuring alignment with organisational goals, enhancing operational efficiency and fostering innovation to drive sustainable growth. Provides management with corporate performance measures and ensures functional alignment with Group strategy. Responsible for collaborating with cross functional teams to identify transformation opportunities and develop actionable plans.

Responsibilities:

  • To lead and drive strategic business transformation initiatives, ensuring alignment with organisational goals, enhancing operational efficiency and fostering innovation to drive sustainable growth.
  • Participate and support corporate responsibility initiatives for the achievement of business strategy (e.g. Green Strategy).
  • Seek opportunities to improve business processes and systems by identifying and recommending effective ways to operate and adding value to Nedbank.
  • Ensure alignment to group objectives by establishing and driving the long term strategy for the division.
  • Realise division strategy by driving the realisation and executing the divisional strategy and action plan.
  • Ensure the continuous alignment of divisional strategy by monitoring; controlling and aligning strategy realisation.
  • Create a competitive and successful function through understanding competitor activity and acting to leverage opportunities.
  • Conduct longterm planning; budgeting; staffing and operations.
  • Ensure alignment to Group planning and definition requirements by establishing standardised frameworks.
  • Ensure risk compliance by establishing and manage appropriate risk practices.
  • Improve efficiency by providing management information; system improvements and standardised procedures.
  • Drive priority delivery based on strategic alignment and return on investment by configuring portfolio of services or projects.
  • Ensure functional alignment with Group strategy by providing management with corporate performance measures and competitor analysis Ensure strategic alignment and realisation by translating divisional and group strategy into effective; clear and measurable action plans.
  • Realise sustainable strategic intent and provide insight into the organisation by driving effective and efficient service or product delivery.
  • Provide guidance to top management with regards to potential areas of improvement.
  • Achieve quality and cost competitiveness which is made transparent to the client by providing structured services which are benchmarked to the industry.
  • Support the achievement of the business strategy; objectives and values by reviewing Nedbank and Business Unit Plan and ensuring delivered systems; process; services and solutions are aligned.
  • Identify training courses and career progression for self through input and feedback from management.
  • Ensure all personal development plan activities are completed within specified timeframe.
  • Share knowledge and industry trends with team and stakeholders during formal and informal interaction.
  • Obtain buyin for developing new and/or enhanced processes (e.g. operational processes) that will improve the functioning of stakeholders' businesses by highlighting benefits in support of the implementation of recommendations.
  • Contribute to a culture conducive to the achievement of transformation goals by participating in Nedbank Culture building initiatives (e.g. staff surveys etc).
  • Drive priority delivery based on strategic alignment and return on investment by configuring portfolio of services or projects.


Preferred Qualification
  • Bachelor of Commerce: Finance or Business.
  • Minimum Experience Level years relevant industry experience
    Technical / Professional Knowledge
  • Banking knowledge
  • Banking procedures
  • Business Acumen
  • Business principles
  • Business terms and definitions
  • Business writing
  • Communication Strategies
  • Data analysis
  • Industry trends
  • Microsoft Office
  • Principles of financial management
  • Principles of project management
  • Relevant regulatory knowledge
  • Relevant software and systems knowledge
  • Research methodology
  • Decisionmaking process
  • Cluster Specific Operational Knowledge
  • Governance, risk and controls


Behavioural Competencies
  • Earning Trust
  • Decision Making
  • Facilitating Change
  • Influencing
  • Initiating Action
  • Innovation
  • Becoming a Business Advisor
  • High-Impact Communication
  • For any assistance or more info please contact the Nedbank Recruiting Team
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