Banking and Innovation: Senior Manager
2 days ago
**Banking and Innovation: Senior Manager**
**Highly attractive REM package**
**Cape Town**
- Our client_ is one of the leading global investment and development partners for financial services institutions (FIs) in Sub-Saharan Africa. As an active minority shareholder invests in and contributes to the development of the portfolio companies, making a positive impact in Africa and at the same time achieving long term market returns.
The key role responsibility is the implementation of improvements in commercial, strategic and operational areas within the Investee bank, in close cooperation with the Investment Team and Value Creation professionals.
- Provide strategic advisory guidance to Investee Bank EXCO’s and Boards in positioning leading and innovative banking solutions for Investee banks, with the aim of increasing retail market share, driving improvements in the Investee banks’ IRR (internal rate of return), and delivering against the mandate of promoting financial inclusion, M/SME growth, rural development, etc.
- Working collaboratively with Investee Bank Management, develop a keen understanding of the Investee Banks’ ‘pain points’, advising on both operational and technological solutions to overcome.
- Promoting the introduction of new/emerging technologies within the Investee Banks, leveraging same to drive automation, flexibility, cost efficiency, stability, and product innovation.
- Similarly, leverage business knowledge, and understanding of emerging Fintech solutions/technologies to enable the Investee Bank to gain a significant competitive advantage within its market through the adoption of certain Fintech capabilities.
- In collaboration with Investee Bank Management and Investment Team, develop annual workplans across the network, aimed at supporting each banks’ strategic intent, and by inference, improving the Investee Banks’ position in its respective marketplace.
- Provide guidance and support to Investee Banks, as required, in discussions with leading financial services technology service vendors (VISA, Oracle, Temenos, Infosys, etc.) with the intent of ensuring each Investee Bank is seen as one of a collective of banks within the Investee
network, driving commercially beneficial contracting, licensing, and vendor responsiveness.
- Provide strategic guidance to Investees pertaining to best practice technology risk management (in particular cyber risk), reporting, and service management.
- As required, provide Fintech and ‘non-bank financial institute’ (NBFI) Investee’s support in exploring the use of innovative and cost-effective solutions that can be scaled up to accommodate growing demands, driving commercial gain for both the Investee and Arise.
**Qualification's and experience**
- Honours Degree or equivalent coupled with 10+ years plus experience gained financial institutions in areas mentioned above, either within the
banking industry, or of implementing solutions for financial institutions from within a top four consultancy firm, with a demonstrable expertise in two or more banking functional areas.
- Strong technical competencies in areas of banking, including product, channel, operations, technology systems, and innovation, with the ability to translate the ‘technical’ to business language
- A sound understanding of cyber risk, leading cyber security technology,
- Experience working in Africa adv, availability to travel ess.
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