POSTBANK
HEAD TRANSACTIONAL AND SAVINGS PRODUCTS (L4) POSITION NUMBER: 60014549 REPORTS TO: CHIEF COMMERCIAL OFFICER LOCATION: HEAD OFFICE - PRETORIA POSITION STATUS: PERMANENT Purpose of the Job Responsible for new product development and strategic product management with the ability to leverage opportunities with stakeholders. Responsible for setting and developing Product Strategy and have an input in driving Financial Services vision and product portfolio forward Job Responsibilities Manage the development of new product from strategic planning to implementation and post-launch analysis by working with senior management, marketing, sales, technology and finance Develop the product strategy and roadmap (detailed product and project plan) to ensure seamless execution and clear product direction Develop new products based on strategic priorities, revenue opportunities, industry experience, idea generation, company technological capability, staff resources, and site and marketplace research Optimize and analyze product performance and respond quickly to diagnose and correct any problems Manage product lifecycle and submit plans relevant parties for lifecycle-related development and retirement activities Monitors product development at predefined checkpoints to assure compliance with requirements, functional specifications and market strategy; reports status to Management Team and recommends risk mitigation strategies Work with Business Development, marketing and sales to assess opportunities that have product definition implications to ensure a revenue-generating offering. Ensure that our products are aligned to the changing consumer preferences Develop a user experience and offering that exhibits an expertise with respect to the competitive offerings, from both a user and advertiser perspective, to ensure the product is competitive with the market. Develop complimentary products, projection models and Statistics modelling Ensure the efficient management, control, compliance and reporting of the function / resources in accordance with the stipulations of the PFMA, fraud prevention and risk management principles, corporate governance, legislation, company policies, processes, regulations, Delegation of Authority, etc. Qualifications, Experience and Knowledge Applicable Post Graduate Degree (NQF 8) in Commerce/Science or Engineering. A recognised MBA will be an added advantage. Minimum 4-6 years working experience in a product development role. Four or more years demonstrated experience as a Product Manager, preferably in the financial industry Fulfil the terms of FAIS, any related legislation or regulation and any guidelines or regulations issued by the Financial Services Board Computer literacy – Microsoft Office package (MS Word, Excel, Power Point, Outlook) Knowledge of the financial services products Experience in creating functional requirements and product specification documents A track record of envisioning, defining, launching and sustaining competitive financial products Project Management knowledge and experience Skills and attributes Analytical skills, Mathematical skills, Information gathering skills, Investigative skills, Interpersonal skills, Communication skills – both written and presentation skills, Negotiation and influencing skills, Organisational skill, Problem solving skills, Performance analysis skills, Facilitation skills. Business Acumen, Time Management, Highly attentive to detail, Self-motivated, Quick to learn, Team Player, Pro-active, Honesty & Integrity. How to Apply If you wish to apply and meet the requirements, please forward your Curriculum Vitae (CV) to RecruitmentSN@Postbank.co.za Please indicate in the subject line the position you are applying for. To view the full position specification, log on to www.postbank.co.za and click on Careers. Closing Date: 05 September 2023 Disclaimers 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 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. POPIA provides that everyone has the right to privacy and it includes a right to protection against the unlawful collection, retention, dissemination and use of personal information. By applying for employment you consent to the processing of your personal information with Postbank. Your personal information and any attached text or documentation are retained by Postbank for a period in accordance with relevant data legislation.
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