Group Platform Finxact Head

Wesbank; Johannesburg; On-site; ZAR 300 000 - 400 000; Full time

Job summary

A leading financial services provider in Johannesburg is seeking a Group Platform Finxact Head to oversee the strategic implementation of its Finxact platform. This role involves partnering with senior executives, managing vendor relationships, and ensuring compliance with regulatory standards. The ideal candidate will have a strong background in banking, vendor management, and project delivery, along with a Bachelor's degree in a relevant field. Join a company that values innovation and performance in a dynamic environment.

Benefits

Professional growth and development

Cutting-edge technology platforms

Collaborative teamwork with industry experts

Qualifications

• Minimum of 10 years related banking and project experience.
• At least 3+ years' experience in a leadership role.
• Proven experience in managing vendor relationships.

Responsibilities

• Develop and execute the Finxact system implementation strategy.
• Ensure compliance with regulatory requirements.
• Oversee Finxact project delivery.

Skills

Strategic Leadership

Project management

Vendor relationship management

Financial compliance knowledge

Operational oversight

Education

Bachelor's degree in Finance, Economics, or Business

Master's degree (preferred)

Job description

Job Description

• Hello future Group Platform Finxact Head
• FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand's business values.
• We recruit self-starters who have a passion for what they do.
• We empower them, hold them accountable and reward them appropriately.
• We value diversity in our people, particularly for the way that this contributes to innovative thinking.
• If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you!
• The Group Platform Finxact Head is responsible for overseeing the strategic and initial operational management of the organization's Finxact platform implementation.
• The role will oversee, product design via the Finxact Design authority, platform configuration across the product lifecycle and oversight of channel and platform integration to key capabilities across all of our channels and capabilities.
• The role will partner with the Finxact CIO and the offices of both the Group CDO and Group Platform and Payments.
• What you will be doing :
• Strategic Leadership
• Develop and execute the strategy for the Finxact system implementation.
• Oversee initial system set-up and create a business structure to support the ongoing activities to oversee both project and Finxact BAU initiatives.
• Champion the product migration strategy from existing core banking solutions to Finxact.
• Leverage the programme to improve banking efficiency, reduce costs, and enhance customer experience.
• Accountability for new product innovation and creation of new revenue opportunities.
• Operational Oversight
• Oversee daily Finxact operations in close partnership with the internal Finxact CIO.
• Oversee initial system set-up, create and staff support structures to ensure the smooth running and implementation of Finxact.
• Ensure system integration, automation and reconciliation between banking platforms and internal systems.
• Risk and Compliance
• Ensure compliance with internal policies, regulatory requirements, and industry best practices.
• Collaborate with Risk, Compliance, and Audit teams to mitigate financial and operational risks.
• Ensure proper controls are in place for fraud prevention, AML, and transaction monitoring.
• Relationship Management
• Serve as the primary point of contact for Finxact vendor relationship.
• Oversee Finxact project delivery and manage relationships with all internal and external stakeholders.
• People and Performance Management
• Lead and develop a high-performing Finxact product team.
• Set performance objectives and provide regular feedback and coaching.
• Foster a culture of continuous improvement, innovation, and accountability.
• You will be an ideal candidate if you :
• Have completed a Bachelor's degree in Finance, Economics, Business, or related field (Master's preferred).
• Have exposure product management, system integration, payments and previous experience in large project delivery within the FirstRand group.
• Have a minimum of 10 years related bank and project experience.
• At least 3+ years' experience in a leadership job.
• You will have access to :
• Challenging, high-impact work in a dynamic environment where innovation drives everything we do.
• Cutting-edge technology platforms and resources to help you deliver world-class solutions.
• Collaboration with industry experts across multiple disciplines, giving you exposure to diverse perspectives and best practices.
• Professional growth and development through continuous learning, leadership programs, and mentorship.
• A culture that values diversity, inclusion, and creativity, ensuring your ideas are heard and acted upon.
• We can be a match if you are :
• Proven experience managing vendor relationships and operations within a corporate or financial services environment.
• Familiarity with global banking regulations, digital banking, and emerging technologies.
• Strategic and visionary, with the ability to see the bigger picture while managing operational detail.
• Passionate about technology and financial innovation, and eager to shape the future of banking.
• Collaborative and influential, able to build strong relationships with stakeholders at all levels.
• Driven by results, with a track record of delivering complex projects and creating new revenue opportunities.
• Committed to excellence, compliance, and ethical leadership in everything you do.
• Job Details
• Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
• 12 / 12 / 25
• 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.