Financial Officer - Banking (6 Month Contract)

Isilumko Staffing; Gauteng; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A leading financial institution is seeking a strategic leader in financial resource management to drive profitability and optimize resource allocation. The ideal candidate will have significant banking experience, strong analytical skills, and a proven track record in financial management. This role offers opportunities for team development and strategic alignment within a dynamic work environment in South Africa, Gauteng.

Qualifications

• 5+ years of professional financial management experience including loan pricing.
• 5+ years of banking experience at management level.
• Experience in business transformation contexts related to exponential growth.
• Ability to build, develop & lead professional level teams.

Responsibilities

• Provide strategic leadership in financial resource management.
• Drive optimization through oversight of profitability and resource consumption.
• Guide setting and translation of performance targets to business units.
• Support governance across financial resource decisions.

Skills

Strong understanding of revenue levers within a Retail bank

Writing & reporting skills

Presentation skills

Proficiency in data analysis tools

Banking regulation in Credit risk

Excellent organizational skills

Relationship management and networking

Ability to react positively under pressure

Education

Minimum B-degree (NQF level 7)

Desirable Post Graduate Degree (NQF level 8+)

Tools

SQL

Python

SAS

Excel

Job description

Job Description

Empowering Africa's tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary
Provide strategic leadership in financial resource management by integrating profitability, earnings volatility, capital, liquidity, and balance sheet insights into decision-making frameworks. Shape the cluster's return architecture by defining hurdle rates, challenging pricing methodologies, and ensuring strategic alignment with bank-wide capital efficiency goals. Drive optimization through oversight of profitability, pricing performance, and resource consumption, translating financial strategy into actionable targets. Act as a key advisor to senior stakeholders, ensuring that product-level decisions reflect strategic value, risk appetite, and sustainable return delivery.

Job Description
Strategic Analytics & Resource Optimisation

• Shape and grow earnings through client acquisition; pricing; capital and balance sheet strategies to support business growth and financial resilience.
• Assess and optimize capital allocation efficiency with cognisance of the Growth/Return/Volatility FRM framework.
• Evaluate resource allocation proposals and contribute to enterprise-level prioritisation aligned with return objectives.
• Use advanced analytics to identify client/revenue/lending portfolio tilts and strategic investment areas across customer segments.
• Translate financial insights and medium term strategies into actionable recommendations on resource deployment and performance improvement.

Financial management and Business Partnering

• Guide the setting and translation of performance targets to business units and products.
• Monitor return delivery and provide insights to optimise portfolio and pricing outcomes.
• Support robust governance across financial resource decisions, pricing practices, and performance monitoring.
• Ensure consistent application of frameworks that support disciplined financial management.
• Provide thought leadership through financial insight and external benchmarking.
• Partner with senior stakeholders across business, finance, risk and treasury to embed FRM principles into core decision-making.

Strategic Analytics and Resource Optimisation
People Management

• Develop internal capability by developing the FRM skillset within the broader bank, to ensure the necessary resources are in place to achieve business strategy and objectives.
• Implement the people management strategy for the area, in collaboration with the HRBP for the business unit, focusing on talent management, development, resourcing, and retention.
• Embed formal Performance Development and informal coaching within the team.
• Motivate the team and implement measures to recognize and reward direct reports.
• Inspire team members through coaching and mentoring, helping them to perform optimally in alignment with the vision and values, and create a sense of urgency and excitement around the business.

Education And Experience Required

• Minimum B-degree (NQF level 7). Desirable Post Graduate Degree (NQF level 8+).
• 5+ years professional financial management (including loan pricing) and/or credit risk management experience.
• 5+ years Banking Experience at a management level.
• Experience in business transformation contexts related to exponential business growth.
• Experience in commercial innovation environments.
• Broad Finance including strategic, commercial, legal, risk and operational aspects.
• Ability to build, develop & lead professional level teams.
• Understanding of the financial services sector within a professional business environment.

Knowledge & Skills

• Strong understanding of revenue levers within a Retail bank (Advanced).
• Writing & reporting – ability to condense technical information into understandable reports (Advanced).
• Presentation skills and comfort in presenting to executive level/C-suite (Advanced).
• Proficiency in data analysis tools (Excel and at least one programming language: SQL, Python, or SAS).
• Banking regulation in Credit risk (Expert) and/or Basel Capital (Advanced).
• Understanding of corporate controls and checks (Advanced).
• Excellent organizational skills (Advanced).
• Relationship management and networking (Advanced).
• Ability to react positively under pressure (Advanced).

Education

Postgraduate Degrees and Professional Qualifications: Financial Sciences (Required).

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