Head of Core Banking and Business Applications

Job title: Head of Core Banking and Business Applications

Job Location: Gauteng, Johannesburg

Deadline: May 17, 2025

Requirements

Strategic Planning and Leadership:

• Develop and execute the strategic roadmap for core banking systems and applications in alignment with the bank's overall IT strategy and business goals.
• Provide leadership and direction to the Core Banking and Applications team, fostering a culture of innovation and continuous improvement.

System Management and Optimization:

• Oversee the implementation, customization, and optimization of core banking applications to meet operational and business needs.
• Ensure the stability, performance, and scalability of core banking systems, proactively identifying and addressing potential issues.

Project Management and Delivery:

• Lead and manage projects related to core banking system upgrades, integrations, and new implementations, ensuring timely delivery within scope and budget.
• Collaborate with cross-functional teams to gather requirements, define project plans, and execute projects effectively.

Vendor and Stakeholder Management:

• Manage relationships with external vendors and service providers, negotiating contracts and ensuring adherence to service level agreements (SLAs).
• Act as a liaison between technical teams and business stakeholders, ensuring clear communication and alignment of objectives.

Risk Management and Compliance:

• Ensure core banking systems comply with regulatory requirements and internal policies, addressing any non-compliance issues promptly.
• Implement and oversee security measures to protect banking applications from cybersecurity threats and data breaches.

Team Development and Performance:

• Build and mentor a high-performing team, providing guidance, training, and development opportunities.
• Conduct regular performance evaluations and foster a collaborative and inclusive team environment.

Policies and Procedures:

• Requirements in line with the International Standards for the Professional Practice of Internal Auditing and the Code of Ethics.
• Access Bank Policies and Procedures.
• Group Internal Audit Policies and Procedure manuals.
• Coaching and mentoring Junior staff members.
• Leave management of direct reports.
• Performance management of direct reports.
• Active management of poor performers.
• Ensure measures are in place for business continuity.

Academic Requirements:

• Bachelor’s degree in information technology, Computer Science, or a related field; a Master's degree is preferred.

Work Experience:

• Minimum of 10 years of experience in IT management within the banking or financial services industry, with at least 5 years in a leadership role overseeing core banking systems.
• Proven experience in implementing and managing core banking applications, with a strong understanding of banking operations and regulatory requirements.
• Demonstrated expertise in project management methodologies and tools, with a track record of successful project delivery.
• Strong knowledge of cybersecurity principles and best practices related to banking applications.