Snr Product Specialist

**Location**
- Sandton

**Job Purpose**
- Support the Product head in the delivery of client and product strategy for**Responsibilities**:
**Financial**:

- Execute on the product revenue to achieve the agreed financial objectives by driving sustainable growth, ownership and performance for product and Sales within Transactional Services and CIB
- Execute on financial objectives supporting the organisational budgeting process through driving reporting and monitoring of organisational financial performance
- Client growth by executing on identified product opportunities to grow primary banker status, portfolio optimisation and ensuring commercialisation
- Execute on the refund app for product & conduct root cause analysis and execution of remedial actions and development of preventative measures

**Customer**:

- Participate in client engagements to ensure product health and utilisation
- Execute on product enhancement and ideation based on client feedback
- Support Product Sales expert on client deal structuring, problem statement, product alignment and client strategy formulation
- Execute on the identified product value chain improvements

**Product management**:

- Delivery of business roadmap & strategy through continuous product development Identify new innovation/product health opportunities to feed the program backlog
- Execute on the digital first strategy creating cohesion between segment, channel and product
- Participate in all ceremonies as required for cadence and value creation (Stand-ups, focus sessions, backlog, sprint planning, retrospectives)

**Stakeholder Management**:

- Collaboration with stakeholders for commercialisation, compliance, people, technology, support, operationalisation, value management and servicing
- Build relationships to enable the effective negotiation with relevant stakeholders on behalf of the client to meet the client’s requirements in a mutually beneficial way.
- External & Internal stakeholder management through effective reporting and communication across Nedbank External & Internal stakeholder engagements to champion product forums across clusters

**Industry**:

- Driving product ideation and execution whilst ensuring appropriate contribution in strategic engagements & reforms
- Drive performance against targets set for regulatory compliance, risk management/risk appetite, internal audit, market conduct and other business process obligations
- Ensure operationalisation & change management of industry, regulation and compliance requirements

**Risk, Internal Audit & Compliance**:

- Prevent loss and risk, enforce internal controls and ensure thorough adherence of effective product management processes.
- Accountability of Risk, Internal Audit and Compliance Engage Business Analyst to re-engineer required processes to ensure efficacy and adequate risk control.

**Career development**
- Improve personal capability and stay abreast of developments in field of expertise by identifying training courses and career progression opportunities for self with input from management

**Essential Qualifications - NQF Level**
- Bachelor's degree in Business Management/Project Management or similar
- Postgraduate diploma/degree or NQF level 7 qualification would be an added advantage

**Minimum Experience Level**
- 5-8 years' experience in product management

**Technical / Professional Knowledge**
- Digital culture
- Technical product knowledge
- Strategic planning
- Budgeting
- Change management
- Principles of project management
- Leadership skills
- Risk Management
- Performance management
- Business Principles

**Behavioral Competencies**
- Customer Focus
- Driving Innovation
- Decision Making
- Hyper Collaboration
- Strategic Influence
- Leadership Disposition
- **_Please contact the Nedbank Recruiting Team at +27 860 555 566_