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SOUTH AFRICAN POST OFFICE (SAPO)
 
INTERNAL & EXTERNAL
 
Job Title: CHIEF EXECUTIVE OFFICER: POSTBANK SOC LTD
(Position based in Pretoria)
Reports to: Postbank Board
 
SUMMATION
The Chief Executive Officer, reporting to the Postbank Board, is responsible for the overall direction and administration of programs, products and services provided by the Bank, including the bank’s financial performance, credit quality, business development, operations, regulatory compliance, risk management, human resources and overall governance. The position ensures that all aspects of the Bank’s activities operate in an efficient, effective, safe and sound manner. The Chief Executive Officer must be an experienced leader who has the qualifications, experience and qualities that will enable him/her to achieve excellence within the Bank
 
 
KEY RESPONSIBILITIES
• Accountable to the Board of Directors for the on-going/ sustainable viability, stability, growth and transformation of the organisation, as well as the agreed business strategy and agreed performance and development targets.
• Develop and implement the Postbank strategic plan, business plan and operational plan to deliver financial and service value that stakeholders require.
• Lead, motivate, guide and manage the Executive Management team and staff and create an enabling environment to achieve strategic objectives through a culture of performance excellence that promotes teamwork, collaboration and professional development and growth.
• Ensure the establishment and ongoing maintenance of operational policies, systems, business plans, compliance frameworks and standards and procedures relating to the Bank and staff to ensure the bank operates efficiently and effectively.
• Manage stakeholder relations through communication and promotional strategies aimed at establishing collaborative partnerships and synergies with stakeholders and to develop valuable customer insights necessary to build the business and service excellence.
• Reporting to the Board on the entire portfolio of responsibility on a timely, relevant and accurate basis. Ensuring that Board reporting is of highest professional standards and quality.
• Ensure effective governance, compliance and risk management functions and resources in accordance with relevant regulations/legislation e.g. Banks Act, Postbank Act, Companies Act, PFMA, BCEA, Delegation of Authority, company policies, processes and procedures, etc.
• Deliver or exceed delivery on the Board approved annual financial budgets and in line with the Board approved strategic plan.
• Deliver unqualified annual audits and ensure that all findings are resolved speedily to ensure effective governance and sound management of the Bank.
 
MINIMUM REQUIREMENTS, SKILLS & ATTRIBUTES
 
Minimum Requirements
A relevant degree (NQF 7) and postgraduate degree (NQF 8) (e.g Commerce, Business, Engineering). Minimum of 10 years’ experience in a financial institution of which at least 5 years in a senior strategic management position with in-depth knowledge of the various sectors within the banking industry and operations of the bank. Experience in ecommerce and digitization will be an added advantage.
 
Knowledge and understanding of:
Banking industry standards/platforms, Industry best practices, Extensive knowledge of Corporate Governance, Strategy development and implementation, Commercial awareness, including market and competitor awareness, Strategic process enhancement, Change management methodologies, Project management (principles, practices, techniques and tools), Financial management, Organisational development, management techniques and good business practices, Value Chain management, Risk and Compliance management, Relevant legislation statutes, rules and regulations (PMFA, Postbank Act, Banks Act, Companies Act, Income Tax Act etc)
 
Skills and Attributes
Strong leadership qualities, Conflict resolution and/or mediation skills, Influencing and Negotiation skills, Business development , Advanced verbal and written communication, presentation and selling skills, Interpersonal and networking skills, Conceptualisation and integration skills, Decision making skills, Change management, Analytical Thinking and Research skills, Ability to analyse complex problem situations and design effective remedial solutions, Planning, coordination & implementation skills, Analytical and quantitative skills, Developing and delivering business strategy, Organisation and planning, Performance management, People management skills, Stakeholder management and Relationship building. Visionary leader with a passion for banking, High level of Emotional Intelligence, Energy, enthusiasm and ability to motivate others, High level of Integrity, Strong sense of Ethics and fairness, Business and Financial Acumen, Business Intelligence / Organisational awareness, Adaptability to change, Effective Communication, Learning Agility, Initiative, Creativity and Innovation, Critical Thinking, Cross Cultural Awareness and sensitivity, Resilience, Strategic Thinking: Customer and Client Orientation and Ability to work under pressure
 
Candidates will be subjected to a fit and proper assessment in line with that required of executive positions.



CONTACTS
The South African Postbank SOC Limited is committed to the achievement and maintenance of diversity and equity in employment, especially with regard to race, gender and disability. In compliance with the banks employment equity plans, first preference will be given to candidates from designated groups. Correspondence will be limited to short listed candidates only.
 
If you wish to apply, please forward your Curriculum Vitae (CV) to recruitment@postbank.co.za.  Please indicate in the subject line the position you are applying for.
 
If you do not hear from the South African Postbank SOC Limited or its Agent within 3 months of this advertisement, please accept that your application has been unsuccessful. The South African Postbank SOC Limited reserves the right not to fill the positions or to re-advertise the positions at any time.
 
Closing date: 18th March 2020
 
Cost Centre: 50800
 
Position number: 60010049