Product Development Manager

2 weeks ago


Johannesburg, South Africa Absa Bank Limited Full time

Bring your possibility to life Define your career with us
- With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.Job Summary

BRIEF OVERVIEW OF THE SPECIFIC BUSINESS UNIT:
This role is within RBB: Everyday Banking in Transactional Banking reporting into the head of Product Development

BRIEF OVERVIEW OF THE ROLE:
An exciting role that focuses at optimization opportunities within the Card business into digital solutions and channels such as Online or App To provide advice and support in practice formulation and associated best practice improvement tactics; enabling the provision of specialist product development expertise.

The role provides an opportunity to engage at various levels across the in the formulation of innovations in the Transactional

**Job Description**:
Product Innovation: Undertake market analysis to determine product/market share opportunities. Build product improvement and innovation pipeline inline with opportunities identified | Product Change: Plan and manage on-going product Investments, activities and changes | Stakeholder Management: Build and maintain effective stakeholder relationships within the industry and within bank to ensure the unit is successfully positioned to manage risks and expectations | Product Performance: Manage and monitor product essentials such as but not limited to profitability, sales volumes etc | Risk and Control: Ensure that required Regulatory/Compliance requirements for products are in place and understood by all. Will require detail understanding of Regulatory environment relating to the product | : | : |:
KEY RESPONSIBILITIES:
The high-level duties of the role:

- Product Innovation: Undertake market analysis to determine product/market share opportunities.
- Build product improvement and innovation pipeline in-line with opportunities identified
- Product Change: Plan and manage on-going product Investments, activities and changes
- Stakeholder Management: Build and maintain effective stakeholder relationships within the industry and within bank to ensure the unit is successfully positioned to manage risks and expectations
- Product Performance: Manage and monitor product essentials such as but not limited to profitability, sales volumes etc
- Risk and Control: Ensure that required Regulatory/Compliance requirements for products are in place and understood by all. Will require detail understanding of Regulatory environment relating to the product
- Commercialization of Initiatives : Ensure that all initiatives have sound commercial and go to Market plans before implementation.

MINIMUM REQUIREMENTS:

- Relevant B degree or equivalent NQF level 7 qualification
- At least 3-5 years banking ⁄ technology/ financial services environment experience
- At least three (3) years Product Development and Management knowledge and experience
- Project management experience
- Commercial Assessment capability
- At least 3-5 years’ experience in business systems management or process optimization

Education

Bachelor's Degrees and Advanced Diplomas: Business, Commerce and Management Studies (required)
- Absa Bank Limited reserves the right not to make an appointment to the post as advertised_



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