Commercial Business Partner

Job Description

Are you ready to shape the future of retail financial services? Join Mr Price Money as a Commercial Business Partner – Financial Services: Credit & Insurance, where you'll play a pivotal role in driving profitability and growth across our credit and insurance portfolios. This is your opportunity to leverage data, market insights, and strategic collaboration to deliver innovative solutions that make a real impact. If you're commercially savvy, analytically strong, and passionate about creating customer-centric products, we want you on our dynamic team. Be part of a business that values innovation, collaboration, and bold thinking—apply today and help us redefine the credit and insurance landscape

Purpose:

Support the profitability and growth of the credit and insurance portfolios within Mr Price Money by leveraging data, market trends, and cross-functional collaboration. Drive the execution of commercial projects and business solutions, working closely with senior management to deliver on strategic objectives.

Responsibilities

1. Strategy Execution & Business Partnering

• Collaborate with the Commercial Manager to execute credit and insurance strategies.
• Partner with Marketing, Operations, and BI teams to monitor and optimise performance of both new and existing customer bases.
• Support the development and execution of omni-channel acquisition and distribution strategies for credit and insurance products.
• Build and maintain relationships with external partners and suppliers to enhance product offerings and distribution efficiency.

2. Product Development & Performance Management

• Assist in the design and execution of commercial models and forecasts for new product development.
• Monitor product profitability and customer segment performance, recommending improvements as needed.
• Conduct market research and trend analysis to identify revenue growth opportunities.
• Prepare business cases for product enhancements and innovations.

3. Commercial Modelling & Business Intelligence

• Work with Finance and BI teams to develop and maintain profitability models, forecasts, and reporting tools.
• Analyse customer data, market trends, and channel performance to provide actionable insights.
• Support the implementation of spend stimulation and customer engagement initiatives.

4. Compliance & Risk Management

• Collaborate with Legal and Compliance teams to ensure adherence to FAIS, NCR, and other regulatory requirements.
• Support quarterly compliance reporting and the implementation of financial and operational controls.
• Maintain up-to-date knowledge of regulatory changes in the credit and insurance landscape.

5. Project Leadership & Technology Support

• Lead or support projects aimed at improving product and process performance.
• Assist in the migration to scalable technology platforms, ensuring alignment with strategic goals and compliance standards.
• Collaborate with IT and BI teams to automate and enhance reporting mechanisms.

6. Cross-Functional Collaboration & Stakeholder Management

• Act as a liaison between various teams (Marketing, Finance, Operations, IT, HR) to ensure cohesive execution of business initiatives.
• Support the Commercial Manager in stakeholder management and cross-divisional collaboration.

Qualifications

Education:

• Bachelor's degree in Finance, Business, Economics, Accounting, or a related field.
• Professional qualifications (CA(SA), CIMA, CFA, or equivalent) advantageous but not required.

Experience:

• 3+ years' experience in financial services, with exposure to credit, insurance, or retail finance.
• Experience in product development, distribution optimisation, or business intelligence is advantageous.
• Proven ability to analyse data, develop commercial models, and support strategic initiatives.

Skills & Competencies:

• Strong commercial acumen and analytical capabilities.
• Advanced Microsoft Office skills (Excel, Word, PowerPoint); experience with BI tools and financial modeling.
• Excellent communication, interpersonal, and stakeholder management skills.
• Project management experience and ability to manage multiple priorities.
• Familiarity with FAIS, NCR, and other relevant compliance standards.
• Entrepreneurial mindset with a proactive approach to identifying and capitalizing on growth opportunities.

About Us

At Mr Price Money, we foster innovation, collaboration, and customer-centric solutions. Join a dynamic team committed to reshaping the credit and insurance landscape within the retail financial services industry.

We are an equal opportunity employer committed to Employment Equity.