Product Head: Secured

Capitec Bank Ltd.; Sandton; On-site; ZAR 900 000 - 1 200 000; Full time

Job summary

A leading South African bank is seeking a Product Head to oversee the strategic leadership and lifecycle management of their secured credit portfolio. The ideal candidate will have extensive experience in secured lending product management, strong stakeholder management skills, and the ability to drive digital transformation in lending journeys. This role requires a keen understanding of regulatory frameworks and customer segments in banking, and offers competitive remuneration in a dynamic work environment.

Qualifications

• 8-12 years in secured lending product management, ideally within retail or business banking.
• Proven track record in leading cross-functional teams, delivering large-scale lending products or platforms.
• Experience in product strategy, development, and lifecycle management.

Responsibilities

• Accountable for product ownership, translating strategic direction into products.
• Overseeing the strategic leadership and lifecycle management of secured credit portfolio.
• Managing credit risk appetite, pricing models, and product profitability.

Skills

Commercial Thinking Skills

Interpersonal & Relationship management Skills

Strategic Thinking Skills

Education

Bachelor's Degree

Job description

This advert is purposed at attracting talent for future dated opportunities.

We're on the lookout for energetic, self-motivated individuals who share our passion for service in the banking industry. To be part of the journey, follow the steps below:

1. See what life at Capitec is all about and complete a short assessment, please click here!
2. Once you have completed the above finalize your application by clicking apply below

Purpose Statement

The Product Head is accountable for product ownership, translating strategic direction into world-class products through effective team leadership.

The Product Head – BB Secured Credit is responsible for overseeing the strategic leadership, product development, delivery, and lifecycle management of Business Bank’s secured credit portfolio through its products (VAF, Property, Specialised loans etc), loan management workflow, and collateral capability. The position requires knowledge of secured lending markets, regulatory frameworks, and customer segments in Business, and commercial banking.

*NB. In the context of the operating model, a ‘product’ could be a product (e.g. Live Better) a channel (e.g. the App), a platform (e.g. Bancs) or a capability.

Education (Minimum)

• Bachelor's Degree

Knowledge and Experience

Minimum:

Knowledge:

• Strong understanding of secured lending markets, regulatory frameworks, and customer segments in Business and Commercial Banking.
• Familiarity with credit risk, collateral processes, and product lifecycle management.

Skills:

• Ability to define and execute product strategy aligned to business objectives.
• Strong leadership and stakeholder management skills.
• Systems thinking and architectural literacy for guiding design and build decisions.

Experience Required:

• 8–12 years in secured lending product management, ideally within retail or business banking.
• Proven track record in:
  • Leading cross‑functional teams (product, engineering, delivery).
  • Delivering large‑scale lending products or platforms.
• Demonstrable experience in:
  • Product strategy, development, and lifecycle management.
  • Managing credit risk appetite, pricing models, and product profitability.
  • Driving digital transformation and automation in lending journeys.
• Exposure to vendor management, budgeting, and financial reporting for product delivery.

Skills

• Commercial Thinking Skills
• Interpersonal & Relationship management Skills
• Strategic Thinking Skills

Additional Information

• Clear criminal and credit record

Capitec is committed to diversity, applications to this position will strictly be considered in support of our employment equity goals.

Capitec Bank is an authorised financial services provider (FSP 46669) and registered credit provider (NCRCP13). Capitec Bank Limited Reg. No: 1980/003695/06