Job DescriptionTo manage the development of innovative product solutions for all identified segments and ensure that existing products and solutions are effectively delivered and provide organisation and client valueTo manage and facilitiate the product development process from concept through to product launch, maintaining a focus on identifying and meeting market requirements and achieving corporate business and product objectivesInitiate dialogue to build professional working relationships with all stakeholders displaying excellent abilities to listen, advise, influence, negotiate and present at all levelsLead and facilitate difficult conflict situations into consensual agreementsIntegrate opinions and information provided by various sources to make strategic decisionsAdapt communication styles to meet the needs of different audiencesContinually scan the industry to identify opportunities to create strategic partnerships with key individuals and bodiesEstablish and maintain product pricing governance and compliance frameworks with due consideration of market trends and including assessments regarding settlement risks credit and capital utilisationEngage in pricing in collaboration with the relevant segments or coverage teamsMonitor product cost structures and market penetration versus the cost of product deliveryImprove efficiencies to reduce operational risks and cost to serveEnsure adherence to compliance requirements and that the team is competent and updated on compliance risk and process trainingDevelop risk mitigation strategies within area of responsibilityMonitor track and analyse error rates loss events and service failures to implement risk mitigation strategiesContinuously collaborate with Legal Risk Compliance and FraudDeploy and manage a proactive and disciplined product management approach including identifying new product offerings, gathering market requirements, determining business-case and feasibility, ccoping and defining new products at high level, evangelising new products within the company, building product roadmaps working to a critical path and ensuring all products are produced on scheduleEnsuring products are within price margins and up to standardTake into considerations various factors that influence the product lifecycleEngage in product differentiation and detailed product planningAcquire data information knowledge and business intelligenceAssess internal end-to-end product processes effectiveness regulatory economic political and social drivers across multiple jurisdictionsInterpret the intelligence acquired for value creationIdentify new opportunities through understanding the impact of the environment on the current and future product competitivenessDevelop innovative product solutions and new processes procedures and services, or enhancements to existing productsSelect appropriate channels through which products or functionality will be deliveredScope the high level product requirements for those channelsSource product or product capabilities from other business units within FirstRand or from their participles to include these in RMB CBs value proposition to clients where applicableProvide input into marketing training and process documentationInitiate and develop marketing strategies in close collaboration with a centralised marketing function, the sales team and other relevant stakeholdersDefine and document the detailed product implementation roadmapCreate Business Requirement Specifications work requests etc.Scope and define new products and enhancements at a detailed level with relevant stakeholder engagementEnsure that deliverables are produced on schedule working within a critical pathTake full responsibility for performance management of all direct reports managing their performance in relation to quality standards and agreed benchmarks and objectives focusing on all aspects of sound people managementEngage in recruitment development, performance management, remuneration and rewards, career path planning, on the job training, coaching, and mentoringEnsure appropriate levels of management and accountabilityMotivate, delegate, and empower appropriately, enabling direct reports to take responsibility and display appropriate creativity and initiativeWork with the team to actively grow their skills and lead them in operational excellence Job Details Application Closing Date09/05/24 All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties. Introduce Yourself Introduce yourself to our recruiters and we will get in touch if there's a role that seems like a good match. Should you have any queries, please log it via MyQ . About UsA leading corporate and investment bank in South Africa and the broader Africa continent, RMB offers large corporate and institutional clients innovative, value-added advisory, funding, trading, corporate banking and principal investing solutions. RMB's talent is expected to be high performing whilst fixing for real-world challenges such as funding the green economy through sustainable finance transactions; unlocking transformation with innovative BEE deals; providing financial and strategic support to management teams in the unlisted sector; financing infrastructure that will uplift economies and improve the lives of millions of people – all of this is about thinking big.If you are invested in making a difference on a serious scale, RMB is where you should build your career and explore new ways to contribute to a better world.#J-18808-Ljbffr
