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Lead Financial Strategist: COE

1 month ago

Sandton, South Africa Nedbank Head Office Full time

Job Description

Nedbank Head Office is seeking a highly skilled Lead Financial Strategist to join our team. The successful candidate will be responsible for directing and enabling business decisions through effective consolidated financial analysis, reporting, and controls.

About the Role

The Lead Financial Strategist will provide meaningful recommendations, explanations, and highlights of concerns or anomalies by analyzing and interrogating financial information. This includes ensuring accurate and timeous budgets are submitted and reviewed, aligning with key economic indicators and group strategic initiatives.

Key Responsibilities:

  • Provide actionable insights into financial performance to inform business decisions.
  • Develop and execute financial strategies for the rewards program, including budgeting, forecasting, and scenario analysis.
  • Oversee the accurate accounting and reporting of rewards liabilities.
  • Analyze the financial performance of the rewards program, providing insights and recommendations on cost efficiency, redemption trends, and revenue optimization.
  • Manage the financial planning, performance analysis, and reporting for all Value-Added Services (VAS), ensuring revenue growth and profitability.
  • Collaborate with internal teams to structure financially viable VAS partnerships.
  • Develop and implement pricing strategies for VAS products, ensuring competitive pricing that drives customer engagement while optimizing margins and maintaining financial sustainability.

Requirements

To be successful in this role, you will require:

  • A minimum of 5 years' experience in financial management, preferably in the financial services industry.
  • 2 years' experience managing others.
  • A strong understanding of non-interest revenue and its importance in a banking context.
  • Ability to provide insights into NIR to support strategic decisions such as pricing and identifying revenue leakage.
  • Experience working with data specialists or business intelligence teams.
  • Strong communication skills to convey complex financial data to non-financial stakeholders.

What We Offer

Nedbank offers a competitive salary range of R1 200 000 - R1 500 000 per annum, depending on experience. We also offer a comprehensive benefits package, including medical aid, retirement funding, and life insurance.