Senior Financial Manager and Card Issuing and Acquiring

nedbank; Johannesburg; On-site; ZAR 800 000 - 1 200 000; Full time

Job summary

A leading financial institution is seeking a Senior Financial Manager for Card Issuing and Acquiring based in Johannesburg. This role demands a deep expertise in card products, financial analysis, and proven team management skills. You'll contribute to strategic decisions affecting the cards portfolio and ensure compliance with regulations while driving process improvements. Candidates must possess a professional degree and a minimum of five years' experience managing card-related financial operations. Competitive compensation and growth opportunities exist within a dynamic team environment.

Benefits

Competitive salary

Professional development opportunities

Qualifications

• Minimum 5 years’ experience in card products including exposure to card economics.
• 2+ years managing teams, demonstrating leadership in workflow planning.
• Experience in financial reconciliations and managing risk.

Responsibilities

• Provide meaningful recommendations on financial information.
• Ensure accurate budgets aligned to economic indicators.
• Compile financial statements in compliance with IFRS.

Skills

Card product expertise

Financial analysis

Stakeholder engagement

Team management

Process improvement

Education

Professional Qualifications/Honour’s Degree

Chartered Accountant

Tools

IFRS compliance

Job description

Senior Financial Manager: Card Issuing and Acquiring

Details

Location: Johannesburg, ZA

Date: 13 Jan 2026

Reference: 143669

Requisition nr: 143669
Tshego Semenya
Location: 135 Rivonia Road, Sandown
Closing date: 22 January 2025

Business and Commercial Banking

Accounting

Manage Others

Position

Senior Financial Manager: Card Issuing and Acquiring

Why join the team!

Join a high-impact Business and Commercial Banking team where financial leadership meets card-product expertise. In this role, you’ll be at the center of shaping strategic decisions for Nedbank’s cards portfolio within a segment that serves diverse business clients. You’ll own consolidated financial analysis, performance insights, and reporting that influence how we grow and compete in a dynamic market.

Expect to work in a fast-paced, complex environment where evolving regulations, competitive pressures, and digital transformation create exciting challenges. You’ll partner closely with card operations and product teams to optimize economics like interchange and MDR, manage risk, and ensure compliance—all while driving innovation and efficiency. You’ll influence budget and investment calls, strengthen financial controls, and help design processes that support scale and resilience.

If you’re passionate about combining rigorous finance with the real economics of card products, this role gives you the scope to make your mark, operate independently, and deliver outcomes that matter to Nedbank’s clients and the business. You’ll tackle projects that require strategic thinking, problem-solving, and collaboration across multiple stakeholders, while contributing to automation and process improvements that shape the future of card finance in Business and Commercial Banking.

Job Purpose

To direct, add value and enable business decisions through effective consolidated financial analysis, reporting and controls across Business and Commercial Banking, with a specific focus on the cards business, in line with Nedbank’s strategy.

Job Responsibilities

• Provide meaningful recommendations, explanations, and highlights of concerns or anomalies by analysing and interrogating financial information (with focus on card portfolios).
• Ensure accurate and timeous budgets are submitted and reviewed, aligned to economic indicators and group strategic initiatives.
• Ensure accurate financial results by reviewing reconciliations and following up on unreconciled items.
• Compile financial statements in compliance with IFRS and relevant regulatory frameworks.
• Comply with relevant legislation by reviewing and submitting statutory returns timeously.
• Consolidate financial reports and make value-added recommendations using information from various sources.
• Engage and collaborate with stakeholders (Finance, Card Product, Operations, Risk) to understand requirements and deliver insights that drive outcomes.
• Identify opportunities to create beneficial partnerships and synergies across BCB to support group collaboration initiatives.
• Provide ongoing guidance, coaching, and best-practice standards to the finance team to elevate analysis and reporting quality.
• Plan, prioritise, and communicate effectively to meet deadlines and targets; organise and monitor workflow to maintain high standards within defined timeframes.
• Build intellectual capital through mentoring, coaching, and on-the-job skills training.
• Schedule and coordinate activities and resources to achieve business objectives within specific timeframes.
• Manage finance risks and control environments at targeted levels, adhering to governance, compliance, and business rules.
• Align systems, processes, services, and solutions with Nedbank and Business Unit plans to support strategy.
• Drive personal development plans and share knowledge and industry trends during formal and informal interactions.
• Obtain buy-in for new/enhanced processes that improve stakeholder business functioning by highlighting benefits and implementation support.
• Contribute to culture and transformation goals (e.g., staff surveys, initiatives) and support corporate responsibility (e.g., Green Strategy).
• Seek continuous improvement opportunities across business processes and systems to add value to Nedbank.

Essential Qualifications - NQF Level

• Professional Qualifications/Honour’s Degree

Preferred Qualification

• Chartered Accountant

Minimum Experience Level

• Minimum 5 years’ deep experience in card products (issuing, acquiring, product, or operations), including exposure to card economics, interchange, MDR, scheme fees, fraud and chargeback processes, and operational cycles.
• 2+ years managing teams, demonstrating leadership in coaching, workflow planning, and quality assurance to uplift capability and ensure timely delivery.
• Ability to produce consolidated financial reports, ensure IFRS compliance, and manage statutory submissions accurately and on time.
• Experience in financial reconciliations, implementing controls, and managing risk to maintain governance standards and reduce financial leakage.
• Strong stakeholder engagement capability across Product, Operations, Risk, and Finance to influence decisions and deliver strategic outcomes.
• Track record of enhancing processes, driving automation, and implementing change initiatives that improve reporting quality, cycle times, and decision-making cadence.

Technical / Professional Knowledge

• Banking procedures
• Business Acumen
• Cluster specific operations
• Data analysis
• Governance, Risk and Controls
• Industry trends
• Relevant regulatory knowledge
• Relevant software and systems knowledge
• Remuneration policies and principles
• Research methodology

Disclaimer

Preference will be given to candidates from the underrepresented groups

Please contact the Nedbank Recruiting Team at [phone]

Nedbank Ltd Reg No 1951/000009/06.
Authorised financial services and registered credit provider (NCRCP16).