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Group Platform Finxact Head

Firstrand Corporate Centre

Johannesburg

On-site

ZAR 1 200 000 - 1 800 000

Full time

12 days ago

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Job summary

A leading financial services company is seeking a Group Platform Finxact Head to oversee the strategic and operational management of its Finxact platform implementation. This role involves product design oversight, integration with banking systems, compliance responsibilities, and management of vendor relationships. The ideal candidate should hold a Bachelor's degree and have at least 10 years of banking experience, with 3 years in a leadership role, contributing to innovative product solutions and enhanced customer experiences.

Qualifications

  • Minimum 10 years of banking and project experience.
  • At least 3 years in a leadership role.
  • Experience in large project delivery within FirstRand.

Responsibilities

  • Develop and execute strategy for Finxact system implementation.
  • Oversee daily Finxact operations in partnership with the CIO.
  • Ensure compliance with policies and regulatory requirements.
  • Serve as primary contact for Finxact vendor relationships.
  • Lead a high-performing Finxact product team.

Skills

Leadership
Product management
System integration
Risk management
Relationship management

Education

Bachelor's degree in Finance, Economics, Business or related field
Master's degree (preferred)
Job description

Job title: Group Platform Finxact Head

Job Location: Gauteng, Johannesburg

Deadline: January 01

Job Overview

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.

Ideal Candidate

Have completed a Bachelor's degree in Finance, Economics, Business, or related field (Master's preferred).

Have exposure to 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.

Accounting / Financial Services jobs.

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