Transformation Strategy Lead

1 week ago

Pretoria, Gauteng, South Africa Bidvest Bank Limited Full time

The role of the Transformation Strategy Lead at Bidvest Bank Limited is to drive the execution of the transformation agenda by ensuring that the business complies with legislative requirements and best practices in alignment with the business strategy.

Provide thought leadership on all B-BBEE scorecard elements whilst executing, monitoring, influencing and improving on the B-BBEE scorecard.

Key Responsibilities
  1. Relationship Management: Build strategic relationships with relevant external stakeholders, e.g. DOL, transformation committee, DTI, Banking Association South Africa (BASA), Financial Sector Transformation Council (FSTC) etc. Participate and drive discussions with internal and external stakeholders about progress in implementing the Company Transformation plan. Participate in stakeholder transformation forums. Drive information sessions to highlight major changes, challenges, strategies and action plans.
  2. Reporting: Consolidation of internal B-BBEE scorecard (quarterly). Ensure all divisional data consolidated timeously to develop internal scorecard in all scorecard elements. Consolidate accurate BFS internal scorecard for inclusion in Transformation Forum and Board pack. Keep records of consolidations with all information utilized to draft scorecard. Assist with divisional internal audit process. Conduct internal audit. Develop audit reports and recommendations. Assist with development of annual gap analysis and implementation plans. Assist with monitoring development of actual scorecard against target scorecard. Assist with implementation of relevant transformation projects. Monthly and quarterly reporting.
  3. Lead Development and Implementation of the Employment Equity Agenda: Support the development and implementation of an Employment Equity and Skills Development Strategy for the Bank to achieve business objectives. Support the development and implementation of transformation action plans / initiatives and the execution thereof. Make recommendations to the Bank on changes to HC practices and policies in favour of achieving transformation strategies. Oversee development of appropriate business and functional unit plans to give effect to Bank Transformation strategy. Co-ordinate the execution of the transformation strategy and communication for all related projects at BFS level and oversee implementation at a divisional level. Identify risks, opportunities and weaknesses and develop appropriate risk mitigation plans and strategies to address them.
  4. Employment Equity Reporting and Compliance: Ensure Legislative compliance on all aspects of Employment Equity, BBBEE and all associated legislative or national initiatives in furtherance of the transformation agenda. Monitor and keep abreast of all transformation and BBBEE legislative changes and updates. Ensure compliance with all relevant legislation e.g. EE / DTI Codes / EE Act. Ensure audit and verification processes on an annual basis aligned to the Transformation strategy execution. Develop and implement an EE reporting and monitoring tool. Track and monitor identified measures to improve EE. Assist with divisional internal audit process. Develop audit reports and recommendations.
  5. Project Management: Strong project management skills including the ability to lead cross-functional teams and manage multiple projects simultaneously.
Education

Required Qualifications: Matric. Degree - Human Resources / Law or Commercial Degree or Equivalent.

Experience

4-6 years of relevant experience in Transformation role. B-BBEE verification experience. Experience in a financial industry is an advantage. Understanding of the Financial Sector Code, Amended Codes of Good practice, Skills Development Act, Employment Equity Act.

Skills And Competencies

Demonstrate consistent application of internal procedures. Plan and prioritise, demonstrating abilities to manage competing demands. Demonstrate abilities to anticipate and manage change. Relevant Legislation Knowledge. Data-Driven. Business and Commercial acumen. Analysis & problem solving. Relationship building & Stakeholder Management. Performance & results driven. Service excellence. Business Acumen. Good interpersonal and communication skills. Presentation Techniques.

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