Senior Manager, Personal Deposit Products Jobs in South Africa at Standard Bank of South Africa

  Job Title: Senior Manager, Personal Deposit Products

Market Related Salary

Johannesburg, South Africa (Gauteng)

Permanent management level position at Standard Bank of South Africa in the Financial industry.

Benefits: Group Retirement Fund, Medical Aid Fund, Performance Bonus, Preferential Financial Rates, 25 Working Days Leave and Other Attractive Staff Benefits..


Job Purpose
To manage and drive the economic profit and performance of the Personal Banking (South Africa) deposit business across the different personal market segments.
Focus on the strategic developments and implementations that impact the savings and investment deposit product portfolio, whilst driving the tactical components and attending to the operational requirements.
Development and deployment of Personal Banking (SA) deposit funding strategies.


Key Result Areas
Financial:.
Overall deposit balance growth.
Effective Margin Management.
Product and segment level performance.
Enhance/Maximise product revenue streams.
Cost Management.
Optimisation of economic profit.
Customer:.
Alignment, Integration and positioning of deposit product value propositions.
Develop and understand core customer insights.
Acquisition, retention and customer managment strategies aligned to overall customer offerings.
Alignment of customer communication across products and channels.
People:.
Staff Attraction and Retention.
Performance Management.
Staff Development.
Leadership.
Personal growth.
Product management:.
Grow the deposit base.
Outgrow the retail deposit market.
Organisational alignment.
Channel utilisation.
Marketing Strategy.
ALM/Money Market Relationships.
Reduce reliance on Treasury funding.
Alignment to international best practices.
Improve Efficiencies and Effectiveness:.
Drive the efficiencies of account opening, dormancy, closure processes and other key product processes and product proliferation and duplication.
Successfully transform the business.
Key projects:.
Oversight and accountability for all projects relating to Deposit products and involvement in projects that may have an impact on the overall deposit offerings.


The ideal candidate will have the following competencies:

Ability

Strong analytical skills are essential.
Numerate, with the ability to do financial modelling.
Business acumen to understand and drive impact of actions on product economics.

Experience

Experience in interest rate management (preferable).
Experience in product design and development (8 years).
Experience in understanding customer behaviour (8 years).
Experience in product management (8 years).
Experience in the development of strategic and tactical product and business plans (8 years).

Knowledge

Matric.
B. Com degree or Business related degree/diploma.
Advanced business degree (an advantage).

Standard Bank is a South African-based financial services company with a global presence. Standard Bank believes that it is through their people that they will succeed and that only by working together will they make their offering to its customers. Standard Bank - Moving Forward.


To Apply:

http://standardbank.careerjunction.co.za/car/job/joblst.asp?pageno=A&adv=-1&inf=0&comtype=3&comloc=-1&reczoneNo=-1&cofilter=0&cokeywords=0&cotype=all


Deadline: 14th August 2012