(1906) Strategic Product Director - Exe Man

South African Reserve Bank; Pretoria; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

South African Reserve Bank in Pretoria invites an experienced product leader to define the vision, strategy and end-to-end management approach for centrally provisioned payment products within the Payments Ecosystem Modernisation programme.

You will lead discovery, design and evolution, set value propositions, collaborate with business, policy, technology and delivery teams, translate insights into product strategies, and drive roadmaps and funding models for sustainable adoption.

Job description

Brief description

The main purpose of this position is to define the vision, strategy and end-to-end product management approach for centrally provisioned payment products delivered through the Payments Ecosystem Modernisation (PEM) Programme at the South African Reserve Bank (SARB).

Detailed description

The successful candidate will be responsible for the following key performance areas:

• Lead the discovery, design and evolution of centrally provisioned payment products that address validated market, participant and end-user needs.
• Define clear product value propositions, target users, service outcomes and market positioning in collaboration with business, policy, regulatory, technology, architecture and delivery teams.
• Direct customer, market and global payments research, and translate insights into evidence-based product strategies and investment priorities.
• Own the prioritised, outcome-based product roadmaps aligned with the PEM Programme roadmap, enterprise architecture and approved policy objectives.
• Translate applicable policy, legal and regulatory requirements into product principles, requirements and implementation guardrails, in partnership with the relevant accountable functions.
• Identify, assess and prioritise opportunities for new or enhanced payment products, supported by clear business cases, benefits, dependencies and risk considerations.
• Lead structured co-creation and consultation with payment system participants, public sector stakeholders and other industry counterparts to support product adoption and implementation readiness.
• Direct the development of sustainable product funding, pricing, costing and cost recovery models, taking account of public interest, accessibility and adoption objectives.
• Establish the product management operating model, governance, decision rights, standards and capabilities required for a centralised payment product function.
• Develop a comprehensive centralised payment product vision and strategy.
• Lead multidisciplinary product teams across the full product life cycle, from discovery and validation through delivery and adoption to performance management, continuous improvement and retirement.