Firstrand Bank Limited
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A leading financial institution in Gauteng is seeking a Group Platform Finxact Head to oversee the Finxact platform implementation. This role involves developing strategic initiatives, managing vendor relationships, and ensuring compliance with industry standards. The ideal candidate will have a Bachelor's degree in a relevant field, a minimum of 10 years of relevant experience, and proven leadership skills. Join a dynamic team that values diversity and innovation, and apply today!
Description Hello future Group Platform Finxact Head FirstRand believes that its people are its single most important resource and will not operate in a sector unless it has people who are right for that market and who share FirstRand's business values.
We recruit self-starters who have a passion for what they do.
We empower them, hold them accountable and reward them appropriately.
We value diversity in our people, particularly for the way that this contributes to innovative thinking.
If you think you will flourish in our environment, and you believe you have the necessary skills and competencies for the position advertised, then we are looking for you!
The Group Platform Finxact Head is responsible for overseeing the strategic and initial operational management of the organization's Finxact platform implementation.
The role will oversee, product design via the Finxact Design authority, platform configuration across the product lifecycle and oversight of channel and platform integration to key capabilities across all of our channels and capabilities.
The role will partner with the Finxact CIO and the offices of both the Group CDO and Group Platform and Payments.
What you will be doing : Strategic Leadership
Develop and execute the strategy for the Finxact system implementation.
Oversee initial system set-up and create a business structure to support the on going activities to oversee both project and Finxact BAU initiatives.
Champion the product migration strategy from existing core banking solutions to Finxact. Leverage the programme to improve banking efficiency, reduce costs, and enhance customer experience.
Accountability for new product innovation and creation of new revenue opportunities.
Operational Oversight
Oversee daily Finxact operations in close partnership with the internal Finxact CIO.
Oversee initial system set-up, create and staff support structures to ensure the smooth running and implementation of Finxact.
Ensure system integration, automation and reconciliation between banking platforms and internal systems.
Risk and Compliance
Ensure compliance with internal policies, regulatory requirements, and industry best practices.
Collaborate with Risk, Compliance, and Audit teams to mitigate financial and operational risks.
Ensure proper controls are in place for fraud prevention, AML, and transaction monitoring.
Relationship Management
Serve as the primary point of contact for Finxact vendor relationship.
Oversee Finxact project delivery and manage relationships with all internal and external stakeholders.
People and Performance Management
Lead and develop a high-performing Finxact product team.
Set performance objectives and provide regular feedback and coaching.
Foster a culture of continuous improvement, innovation, and accountability.
You will be an ideal candidate if you : Have completed a Bachelor's degree in Finance, Economics, Business, or related field (Master's preferred).
Have exposure product management, system integration, payments and previous experience in large project delivery within the FirstRand group.
Have a minimum of 10 years related bank and project experience.
At least 3+ years' experience in a leadership job.
You will have access to : Challenging, high-impact work in a dynamic environment where innovation drives everything we do.
Cutting-edge technology platforms and resources to help you deliver world-class solutions.
Collaboration with industry experts across multiple disciplines, giving you exposure to diverse perspectives and best practices.
Professional growth and development through continuous learning, leadership programs, and mentorship.
A culture that values diversity, inclusion, and creativity, ensuring your ideas are heard and acted upon.
We can be a match if you are : Proven experience managing vendor relationships and operations within a corporate or financial services environment.
Familiarity with global banking regulations, digital banking, and emerging technologies.
Strategic and visionary, with the ability to see the bigger picture while managing operational detail.
Passionate about technology and financial innovation, and eager to shape the future of banking.
Collaborative and influential, able to build strong relationships with stakeholders at all levels.
Driven by results, with a track record of delivering complex projects and creating new revenue opportunities.
Committed to excellence, compliance, and ethical leadership in everything you do.
Are you interested to take the step?
We look forward to engaging with you further.
Apply now!
Job Details Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.
12 / 12 / 25 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 fulfill 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.
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