Senior Product Manager

5 days ago

Sandton, Gauteng, South Africa ABSA BANK LIMITED Full time R1 000 000 - R2 500 000 per year

Empowering Africa's tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

Are you a Senior Product Manager with Liquidity experience? As we wrap up the year, this is an exciting opportunity to elevate your career. In this role you will envision, discover and maintain high quality products that are easy to use; processes that are compliant with regulations and laws; up-to-date or ahead of the best in the market; safe (product risk well managed) and in line with customer requirements. To assist the portfolio head with analytics that drive P&L and assist in taking management actions to sustain and grow the portfolio.

Job Description

  • Be an expert on data tools such as Power BI, IMSP, Orchestrate etc to be able to source analytics that are pivotal to understanding the behaviour within the products and propositions.
  • Extract data and turn into management information to be used by yourself and product portfolio head to take decisions.
  • Manage and correct negative margin accounts.
  • Remain abreast of current industry standards to identify opportunities for improvement of Liquidity products, i.e. ensuring that product standards/offering are parallel or above industry and competitor standards.
  • Take propositions that are successful in South Africa and see if they can be scaled into ARO (Absa Regional Offices) across the continent taking into account the different core chassis, channels and system architecture.
  • Engage with relevant development value streams to finalise and implement the "go to market" activities per project (Pitch books, Training, Marketing, Change, Communications, Manuals and Circulars, Process custodians, Group Operations, etc).
  • Regularly review Advisory and Advisory Support processes (FAIS) and identify areas of real or potential risk in the processes and make recommendations to address risk/s identified.
  • Liaise, continuously with the relevant teams, to drive the development and implementation of measures to avoid, reduce or mitigate the identified product risks.
  • Adhere to compliance procedures to ensure that all new products related activities are aligned to legal and regulatory requirements.

Education and experience required

  • Bachelor's degree in Commerce (Banking, Marketing or similar), postgrad degree is a plus.
  • Product analysis experience (Business Analysis, Dev or similar)
  • 3 Years' Corporate or Business Banking Product Experience
  • 5 Years' Corporate or Business Banking Experience

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

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