Chief Executive Officer

2 weeks ago

Johannesburg, South Africa South African Bankers Services Company Pty Ltd Full time

**Job Description**:
BankservAfrica form part of the South African National Payments System and are a trusted partner of the financial industry, including banking institutions, and therefore require that employees adhere to unwavering standards of honesty and transparency in performing their duties.

**PURPOSE**

As Chief Executive Officer (CEO) the incumbent will be the highest-ranking executive in BankservAfrica, accountable to the board and shareholders of BankservAfrica.

**You will engage with the following stakeholders**:

- Shareholders
- Regulators (PASA, SARB, Treasury)
- Service Providers
- Business Leadership

**Your key responsibilities include**:
**Strategy**

The incumbent will be accountable for enhancing, positioning, and implementing BankservAfrica’s Corporate Horizon Strategy which is centered on becoming “the payments highway of Africa” through:

- Being the trusted and preferred supplier of electronic payment and information switching services measured by reliability, efficiency, and effectiveness
- Modernizing the South African payments infrastructure to be more flexible, enabling a hyperconnected digital economy
- Expanding into Africa, facilitating cross-border payments in at least three other African countries

**Leadership**

The incumbent will be responsible for leading, guiding, directing, and evaluating the work of other executive leaders:

- Ensuring that the strategic direction filters down through the organization
- Evaluating the success of the organization in reaching its goals through leadership
- Championing the culture and DNA of the organization
- Ensuring the relevant leadership expertise are sourced, developed, and retained
- Empowering and holding leaders accountable through defined mandates, reward, recognition, performance development and coaching

**Commerce**

BankservAfrica is a non-profit organization. To ensure sustainability and success the financial aspects of the business will focus on:

- Meeting revenue goals
- Managing costs
- Creating opportunities for growth and return on investment
- Reducing risk and complexity in the National Payments System
- Serving the primary customers and shareholders, South Africa’s banks with payment clearing services (card, batch, real-time, account verification) and business enhancement services (managed network services, enterprise content management)

**Operations**

The incumbent will oversee the complete operation of BankservAfrica in accordance with the direction established in the strategic plans:

- Guiding and approving the products and services
- Guiding and approving the operating model. Currently the business is structured across 4 primary grids through a matrix structure:

- Strategic Portfolios - the core purpose is defined, presented, and delivered through 5 portfolios
- Technology and Operations - supports the strategic portfolios to deliver what is required by the customer and the product teams
- Support Services - ensure products and services are delivered in a governed and compliant manner
- Legal Services - provides legal support for the operations and guides the business on regulations in the payments industry
- Guiding and approving the resources required including systems, infrastructure, tools, and skills
- Ensuring BankservAfrica is in compliance with regulations and laws

**Stakeholder Management**

The incumbent will be required to navigate a complex system of stakeholders to enable BankservAfrica’s success:

- Collaborating with in communities of members and users to create shared platforms that benefit everyone. Driving alignment and collaboration to achieve business results
- Representing the organization for civic and professional association responsibilities and activities in the local community, the country and at international level
- Representing the organization at industry-related events or associations that will enhance the CEO's leadership skills, the organization's reputation, and influence

**QUALIFICATIONS / KNOWLEDGE**
- Education may vary, Bachelor’s degree or master’s degree in a relevant discipline or MBA preferable
- Extensive experience in senior leadership roles
- Demonstrated ability to build effective leadership teams that achieve sustainable business results
- Demonstrated ability to implement strategies for effecting change, controlling change and helping people to adapt to change
- Demonstrated ability to implement effective business strategies within a broader business ecosystem - social, economic, and regulatory
- Understanding of the payments industry - the institutions, instruments, procedures, standards and technologies
- Demonstrated ability to lead a business which is dependent on the constant enhancement, stability and reliability of its technological infrastructure
- Experience with corporate governance
- Credible expert with strong executive presence
- Proven ability to build consensus and relationships across multiple stakeholders such as sharehold

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