Head Retail Investments

Job Description

The Head of Retail Investments will be a key leader responsible for developing and evolving client-centric value propositions to maintain a strong market presence and achieve Nedbank’s strategic goals. This role requires extensive experience and a deep understanding of financial services and liquidity management. The ideal candidate will be a thought leader with the ability to define, socialize, and execute strategy, translating it into significant client and revenue growth.

Requirements

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees
• Any Relevant Degree with Honour’s/Masters Degree
• 7-10 years Senior Management experience in managing a team within Banking or Financial Services.

Responsibilities

• Achieve agreed financial objectives by driving sustainable growth and performance of Nedbank Investment product solutions.
• Develop a strategic and action plan to operationalise and implement how Nedbank will compete in market, how market share will be gained and what factors will give Nedbank a competitive capability and advantage within the Investment portfolio.
• Remain competitively positioned by proactively monitoring and responding to competitor activities and legislative requirements through proactive market research, benchmarking of industry best practices and legislative research.
• Meet business objectives by communicating and actioning insights for competitive advantage using integrated reports and analytics.
• Meet financial objectives by leading and supporting the organisational budgeting process and overseeing reporting and monitoring of organisational and functional business unit performance.
• Achieve excellence in strategy execution by integrating people, processes, management, systems, measurements and rewards.
• Create organisational alignment and collaboration with other business areas within the Cluster and Cross-Cluster to drive common achievement of the Nedbank strategy and objectives.
• Manage the overall quality and performance of the portfolio, as well as all aspects of portfolio administration.
• Develop and lead profitable product solutions that grow Investment Products market share and brand presence.
• Manage liquidity and deposit growth by managing co-ordinating pricing, marketing, distribution and margin management.
• Market awareness of the changing trends in investment solutions along with changing clients' needs.
• Exploring potential new opportunities based on how our products compare in the market and their profitability.
• Lead the implementation of new products and services from Incubation to Commercialisation and Scale.
• Explore the value and feasibility of new potential products and services.
• Define portfolio execution processes, planning and implementation, and ensuring consistency of delivery standards.
• Translate strategy into execution, playing a leadership role in guiding the team through the Agile delivery methodology.
• Work closely across the organisation, such as Client experience, segment, channel, Digital, marketing, finance, operations, risk, legal, etc.
• Drive the operationalisation of products and services needed, minimizing organisational complexity and cost to serve.
• Manage team effectively and efficiently across the HR value chain including recruitment, performance management, retention of critical staff, succession planning and coaching and talent management.
• Achieve risk management, governance and compliance requirements by ensuring adherence to agreed processes and policies.
• Mitigate risk by implementing non-financial and financial controls.