Group Head: Save & Invest Products

Our client is a leading financial institution in Africa, renowned for its innovative approach to inclusive banking and financial services. With a strong commitment to empowering communities, they offer tailored solutions that cater to individuals, SMEs, and corporations. They provide an extensive range of products which includes savings and loans, digital banking, investment options, and financial literacy initiatives. By leveraging technology and fostering sustainable economic growth, our client continues to reshape the financial landscape and support prosperity across the continent.

Job Description:

Identify and develop opportunities that offer innovative Investments solutions to their customers. This Group leadership role shall develop and articulate the vision for the Saving and Investment business line, leading the strategy planning and execution of the same so as to ensure appropriate financial solutions for customers and the attainment of the business line commercial return. The effective execution of the role’s responsibilities should enhance the brand and purpose of transforming lives, giving dignity and expanding opportunity for wealth creation for their customers by delivering on the below key responsibilities.

Your daily adventures include:

• Executing the mission for the Product house, aligned to the Group’s mission and vision.
  
• Own jointly and manage in collaboration with the Commercial team the P&L for the Product line(Digital Investments, Capital Markets solutions and Deposits)
  
• Developing and monitoring strategies for the growth of product/capability distribution across the group
  
• Product design, development, deployment and control - taking charge of mapping each product and/or capability with regard to its underlying characteristics and pipeline risk in line with the Group’s overall Commercial growth strategy.
  
• Apply agile capabilities in the product development cycle to deliver products, projects and features which are valuable to clients and enhance product profitability.
  
• Supporting the development of products which are relevant to the different segments that the Group has chosen to serve.
  
• Prepare training and educational material for both frontline, digital channels and client communication in collaboration with the Communications team
  
• Monitor and coordinate the preparation and reporting of product financial and non-financial performance for the key stakeholders.
  
• Marketing products jointly with relationship management groups in all the chosen customer segments that the Group operates in – Retail, MSME, Corporate and Large entities and Government.
  
• Support the operations of the Product house with regards to its overall risk and compliance with applicable policies and procedures of the group
  

Requirements

What it takes to succeed: 

• Holder of University Degree or equivalent 4-year post-secondary qualification
  
• MBA and/or CFA designation or equivalent (investment management or analysis qualification) will be an added advantage.
  
• An understanding and experience in agile product management methodologies
  
• A minimum of 10 years related experience in investment and/or liability product management.
  
• Significant understanding of banking fundamentals such as balance sheet management including underlying drivers of balance sheet liquidity and drivers of capital, cost of funds, product behaviours, risk, treasury financial planning and reporting and regulatory requirements
  
• Knowledgeable and experience in business case formulation and implementation.
  
• Ability to effectively present product strategies to stakeholders and clients.
  
• Experience in delivering Digital product solutions with a good understanding of the product development cycle and methodology.
  
• Strong commercial acumen/awareness including ability to assess risk and appropriate levels of return.
  
• Strong Marketing and Sales skills to drive Retail, SME and Corporate adoption of product solutions
  
• Excellent interpersonal skills including multicultural awareness and sensitivity
  
• Good understanding of regulatory compliance and corporate governance.
  
• Ability to nurture effective relationship with local regulators as well as government bodies and officials.