HEAD TRANSACTIONAL AND SAVINGS PRODUCTS (L4)

POSITION NUMBER : 60014549
JOB TITLE AND LEVEL : HEAD TRANSACTIONAL AND SAVINGS PRODUCTS (L4)
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, Selfmotivated, 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

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.

All the best with your applications