Senior Manager Product Profitability

2 weeks ago


Johannesburg, Gauteng, South Africa Nedbank Full time

Job Requisition details and Talent Acquisition Contact

  • Req: TA: Lebohang Monate
  • Advert Closing date: 28/11/2023
    Job Family
  • Project, Process and Product

Career Stream

  • Product


Leadership Pipeline
  • Manage Self: Professional

Job Purpose

  • Drive strategic initiatives and optimize financial performance by overseeing the profitability of our product portfolio as a Senior Manager. Align product strategies with organizational goals to ensure sustained profitability and customer satisfaction.

Responsibilities:

  • Implement business change initiatives by introducing; managing; making (people change; technological change; process change) happen and keeping Management Information updated.
  • Monitor for continuous improvement by observation; analysing data and providing ongoing feedback.
  • Ensure compliance (brand/reputation/other risks) by enforcing regulations; policies and procedures and understanding link from policy process
- system - operating procedures.

  • Provide innovative solutions for updating processes by defining procedures and facilitating workshops with stakeholders.
  • Identify the business issue by observation; analysing management reports and requests from EXCO.
  • Identify cost/time/quality/risk aspects of the business issue by investigating the business benefits or problems.
  • Set expected performance output by meeting and agreeing with management.
  • Obtain and secure stakeholder buyin to solution by presenting alternative solutions and recommending the best solution.
  • Manage internal and external stakeholders by regular meetings and agreeing deliverables.
  • Recognise performance improvements by acknowledgement of business improvements from other stakeholders.
  • Build trusting relationships with stakeholders by open communication; conducting oneonone meetings and accepting their input.
  • 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.


Essential Qualifications
  • NQF Level
  • Matric / Grade 12 / National Senior Certificate
  • Advanced Diplomas/National 1st Degrees


Preferred Qualification
  • A bachelor's degree in business, finance, economics, or a related field is typically required. A master's degree or MBA can be advantageous.
  • Minimum Experience Level years relevant experience in product management.
  • Substantial experience in product management, financial analysis, or related roles within the banking or financial industry.
  • Proven track record of successfully managing and optimizing the profitability of product portfolios.

Technical / Professional Knowledge

  • Communication Strategies
  • Data analysis
  • Industry trends
  • Principles of financial management
  • Relevant regulatory knowledge
  • Decisionmaking process
  • Cluster Specific Operational Knowledge
  • Governance, risk and controls


Behavioural Competencies
  • Customer Focus
  • Decision Making
  • Facilitating Change
  • Initiating Action
  • Innovation
  • Technical/Professional Knowledge and Skills
- **_Please contact the Nedbank Recruiting Team at _

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