Product Manager

FirstRand Bank India; Johannesburg; On-site; ZAR 1,200,000 - 2,400,000; Full time

Job summary

FirstRand Bank India in Johannesburg is seeking a senior product leader to manage a portfolio end-to-end, driving strategy, pricing and governance. You will partner with executives, stakeholders and tech teams to deliver sustainable growth while maintaining regulatory compliance.

You will analyse markets, develop roadmaps, build business cases and lead cross-functional teams to execute priorities, optimise profitability, and ensure client value across multiple jurisdictions.

Qualifications

• CA(SA) is required.
• 3 to 5 years Product Development and/or Product Management experience is preferred.

Responsibilities

• Lead development and execution of product strategies for a portfolio, aligning with organizational vision and market needs.
• Conduct advanced market analyses to identify opportunities, threats, and areas for innovation.
• Define and oversee roadmaps, coordinating cross-functional teams for timely delivery.
• Develop business cases for high-impact initiatives and secure executive buy-in.
• Oversee performance monitoring of portfolios to optimise profitability and client satisfaction.
• Drive product innovation with technology teams and emerging methodologies.
• Engage with key clients and industry leaders to gather insights and maintain competitive offerings.
• Develop pricing strategies and governance aligned with financial targets and market positioning.
• Ensure regulatory compliance in collaboration with legal and compliance teams.

Skills

Product Development

Product Management

Education

CA(SA)

Job description

RMB is a place where exceptional people create their own opportunities by challenging the conventional and driving sustainable impact.

United by our proud heritage, strong ethics and philosophy of Traditional values. Innovative ideas, it’s the magic of our people and culture that sets us apart.

Now, is the time to imagine your next move with South Africa’s number one employer in Financial Services for 2025, where you can embrace the power of collective thinking to unlock unique opportunities for our clients and society.

This role entails leading the strategic management and development of complex or high-impact product portfolios. This includes driving product innovation, ensuring alignment with broader organisational goals, and delivering sustainable growth. Manage relationships with senior stakeholders, overseeing cross-functional teams, and influencing long-term product strategies.

Are You Someone Who Can:

Lead the development and execution of product strategies for a portfolio of products, ensuring alignment with organisational vision and market needs.

Conduct advanced market analyses to identify emerging opportunities, competitive threats, and areas for innovation.

Define and oversee comprehensive product roadmaps, coordinating cross-functional teams to ensure timely delivery of priorities.

Develop and present business cases for high-impact product initiatives, securing buy-in from executive stakeholders.

Oversee the performance monitoring of product portfolios, identifying trends and implementing measures to optimise profitability and client satisfaction.

Drive product innovation by collaborating with technology teams, leveraging emerging technologies and methodologies.

Engage directly with key clients and industry leaders to gather insights, build partnerships, and ensure product offerings remain competitive and relevant.

Develop pricing strategies and revenue models that align with financial targets and market positioning.

Establish and maintain product pricing governance and compliance frameworks with due consideration of market trends and including assessments regarding settlement risks credit and capital utilisation.

Engage in pricing in collaboration with the relevant segments or coverage teams.

Monitor product cost structures and market penetration versus the cost of product delivery.

Ensure all products comply with regulatory standards, working with legal and compliance teams to address complex requirements.

Act as a thought leader within the organisation, sharing expertise and guiding junior product managers.

Manage high-level vendor and partner relationships, negotiating contracts and monitoring performance to ensure value delivery.

Drive operational efficiency through the implementation of scalable and automated product solutions.

Lead the development of marketing and sales strategies, ensuring alignment with product positioning and organisational objectives.

Oversee the preparation of product performance reports for executive audiences, highlighting achievements and strategic recommendations.

Take into considerations various factors that influence the product lifecycle.

Engage in product differentiation and detailed product planning.

Assess internal end-to-end product processes effectiveness, regulatory, economic, political, and social drivers across multiple jurisdictions.

Select appropriate channels through which products or functionality will be delivered and scope the high-level product requirements for those channels.

Initiate and develop marketing strategies in close collaboration with a centralised marketing function, the sales team and other relevant stakeholders.

Create Business Requirement Specifications work requests, ensuring that products meet the required quality and performance standards.

Champion a culture of client-centricity, ensuring products consistently meet or exceed client expectations.

Lead by example, fostering a culture of innovation, collaboration, and accountability within the team.

Drive continuous improvement initiatives, challenging the status quo to deliver superior results.

Inspire a high-performance culture by recognising team achievements and promoting professional development.

Actively contribute to cross-functional initiatives, building strong relationships across departments.

Maintain adaptability in a dynamic environment, championing resilience and forward-thinking approaches.

Take full responsibility for performance management of all direct reports managing their performance in relation to quality standards and agreed benchmarks and objectives focusing on all aspects of sound people management.

Motivate, delegate, and empower appropriately, enabling direct reports to take responsibility and display appropriate creativity and initiative.

Work with the team to actively grow their skills and lead them in operational excellence.

Qualifications and Experience:

CA(SA)

3 to 5 years Product Development and/or Product Management experience

You Will Have Access To:

Opportunities to network and collaborate

Opportunities to innovate

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 fulfil 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.

FirstRand Bank India is a Mumbai-based licensed financial services provider, offering comprehensive banking solutions for clients engaged in the Indo-African corridor since 2009.

Banking Credit Intermediation Financial Services

Company size 51–200 employees

Company type Privately held Founded 2008

Total funding 0

Momentum

Team growth

12% in 12 mo

57 employees on LinkedIn

Jan 23 Jan 26

Employee experience

What it’s like inside

4.0

41 reviews

97% would recommend

Culture & values

Culture & values 4.2

Work-life balance

Work-life balance 3.8

Career opportunities

Career opportunities 4.1

Compensation & benefits 4.2

Capital

Funding history

Footprint

Where they work

101, 103A and First floor 103B First International Financial Centre C-54 and C-55, G Block, Near CBI office Bandra-Kurla complex, Bandra (east), Mumbai, 400051, IN

Apply For This Role

Company FirstRand Bank India

Location Johannesburg, Gauteng, South Africa