Head Product Manager: OD, Student Loans and Term agreements

NedBank; Johannesburg; On-site; ZAR 200 000 - 300 000; Full time

Job summary

A leading financial institution in Johannesburg seeks a Head Product Manager to manage its product portfolio, specializing in overdrafts, student loans, and term agreements. The ideal candidate will have over 6 years of product management experience, with at least 5 years in a leadership capacity. Responsibilities include defining product strategy, driving innovation, and ensuring financial performance. Strong knowledge of credit risk and regulatory frameworks, alongside leadership skills are essential for succeeding in this role.

Qualifications

• 6+ years experience in product management within financial services.
• Strong understanding of Credit Risk and Regulatory Frameworks.
• Experience in Profit and Loss management.

Responsibilities

• Define and execute the product vision and strategy.
• Drive product innovation leveraging data analytics.
• Manage P&L for the product portfolio.
• Champion customer-centric design and digital-first experiences.

Skills

Change management

Client service management

Communication Strategies

Diversity management

Employee training/development

Financial Accounting Principles

Organisational behaviour theory

Principles of project management

Strategic planning

Management information and reporting principles

Education

Matric / Grade 12 / National Senior Certificate

Bachelor’s degree in Business, Finance, Economics, or related field

Job description

Requisition details and Specialist Recruiter

Title: Head Product Manager: Overdraft, Student Loans and Term agreement

Requisition: 143461

Closing date: 16 January 2025

Specialist Recruiter: William Mtsweni

Job Family Project, Process and Product Career Stream Product Leadership Pipeline Manage Managers

Job Purpose

To be accountable for managing a product or portfolio of products so that the bank achieves its strategic objectives.

Job Responsibilities

Product Strategy & Roadmap

• Define and execute the product vision and strategy for overdraft, student loans, and term agreements.
• Develop a multi-year roadmap aligned with business objectives, customer needs, and market trends.
• Identifying, executing and tracking key initiatives to achieve strategic outcomes

Innovation & Development

• Drive product innovation leveraging data analytics, customer insights, and emerging technologies.
• Collaborate with design, engineering, and digital teams to deliver best-in-class solutions.

Financial Performance

• Own P&L for the product portfolio; including pricing strategies, monitor margins, and optimize profitability.
• Forecast and manage product performance metrics including growth, retention, and risk.
• Strong business acumen and modelling skills to support the building of business cases, evaluation of new opportunities and the identification of initiatives for growth
• Drive profitable client acquisition and retention

Regulatory & Risk Management

• Partner with legal and compliance teams to mitigate operational and reputational risks.

Customer Experience

• Champion customer‑centric design and digital‑first experiences across all channels.
• Ensure competitiveness by monitoring market trends and activities and providing strategic inputs for solutions to meet client expectations.

Stakeholder Engagement

• Work closely with executive leadership, marketing, operations, and technology teams.
• Represent the product portfolio in strategic forums and industry engagements.

Team Leadership

• Build and lead a high‑performing product team; foster a culture of innovation and accountability.

Essential Qualifications - NQF Level

• Matric / Grade 12 / National Senior Certificate
• Advanced Diplomas/National 1st Degrees

Preferred Qualification

• Bachelor’s degree in Business, Finance, Economics, or related field (Master’s preferred).

Minimum Experience Level

• 6+ years experience in product management within financial services, with at least 5 years in a leadership role.
• Strong understanding of Credit Risk, Regulatory Frameworks, and Digital Banking trends.
• Experience in Profit and Loss management and strategic planning.

Technical / Professional Knowledge

• Change management
• Client service management
• Communication Strategies
• Diversity management
• Employee training/development
• Financial Accounting Principles
• Organisational behaviour theory
• Principles of project management
• Strategic planning
• Management information and reporting principles, tools and mechanisms

Behavioural Competencies

• Building Partnerships
• Communication
• Customer Focus
• Decision Making
• Continuous Improvement
• Guiding Sales Opportunities

Please contact the Nedbank Recruiting Team at [phone]