Head Transactional Banking Product

Welcome to the Latest Job Vacancies Site 2025 and at this time we would like to inform you of the Latest Job Vacancies from the Absa Bank Limited with the position of Head Transactional Banking Product - Absa Bank Limited which was opened this.

If this job matches your qualifications, please send your application directly through our latest Job site. Indeed, every job is not easy to apply because it must meet several qualifications and requirements that we must meet in accordance with the standard criteria of the Company who are looking for potential candidates to work. Good job information Head Transactional Banking Product - Absa Bank Limited below matches your qualifications. Good Luck: D

Empowering Africas tomorrow, together…one story at a time. With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group. Job Summary The Head of Transactional Banking is responsible for driving the growth and profitability of Transactional Banking products for Business Banking segments across our markets. This role will play a pivotal part in forging the growth strategy and execution plan, collaborating with in country colleagues, establishing Absa as a preferred bank for Commercial and SME customers our African markets. Job Description The incumbent will take end to end ownership of Transactional Banking (Cash Management, Trade & Working Capital and FX) by:

• Delivering innovative Transactional Banking solutions while adding value in all interactions
• Influencing customer value propositions (CVPs), client solutions and structuring, pricing, deal support, credit risk management, relationship management, product onboarding, Impairments and marketing.
• Optimizing and developing the various teams (country and center) through skills development on cash management, trade & working capital, leadership practices and relationship management.
• Managing stakeholder relationships across the bank to ensure the maximum performance of Transactional Banking products
• Driving thought leadership across sectors, segments and geographies

Accountabilities/Key Relationships:

• The role holder will report to the Head: Business Banking, ARO
• The role holder is a member of the ARO BB MANCO and related ARO RBB governance meetings.
• The role holder will work in collaboration with Country BB Heads and Country BB Product Heads to deliver business ambitions.

Activities: Financial Performance and Management:

• Formulate and implement product strategy and execution plans, ensuring that ambitions to grow share of the primary banked market are met.
• Implement and support frameworks for the management of product performance across the teams.
• Coordinate sales targeting approach together with Client Coverage in BB and Credit.
• Support countries to provide solutions on complex and critical transactions and projects.
• Ensure product profitability through revenue and cost optimization.

Product Development and Launch:

• Lead the development and launch of innovative products and services tailored to the specific needs of the target market.
• Conduct thorough market research to identify customer needs, preferences, and risk profiles.
• Proactively build an internal and external network that will facilitate the generation of customer leads (e.g., Industry/Trade Associations, Chambers of Commerce, Industry seminars, etc.) by networking effectively.
• Collaborate with internal stakeholders in CVP, IT, Risk Management, and Marketing to develop and implement new solutions.
• Maintain an excellent understanding of technical expertise and remain up to date with relevant sector/department knowledge, have insight into external market developments/initiatives and strategic implications thereof
• Ensure all products and services comply with regulatory requirements.

Marketing and Sales:

• Develop and execute comprehensive marketing and sales strategies to drive awareness, adoption, and usage of Absas products and services.
• Leverage partner channels and digital marketing platforms to effectively reach the target audience.
• Set and monitor clear sales targets for products across the ARO countries.
• Oversee the performance of sales teams and implement strategies to optimize conversion rates.

Risk Management and Compliance:

• Develop and implement a robust risk management framework for the business.
• In collaboration with Risk, build a quality credit portfolio that effectively utilizes capital to build sustainable income for the Bank.
• Continuously monitor and mitigate potential risks associated with fraud, creditworthiness, and data security.
• Collaborate with the Risk Management team to implement appropriate risk-based models and collection strategies.

Data Analytics and Reporting:

• Develop and implement a data-driven approach to business, leveraging customer data and market insights to inform product development, marketing strategies, and risk management practices.
• Analyze key performance indicators (KPIs) to track progress towards achieving business objectives.
• Generate regular reports on the performance of the business, including customer acquisition, revenue generation, and risk metrics.
• Translate data insights into actionable recommendations for continuous improvement.

Team Management:

• Lead, motivate, and develop a high-performing team of Transactional Banking specialists.
• Ensure team members possess the necessary skills and knowledge to achieve business goals.
• Foster a collaborative and results-oriented work environment.
• Delegate tasks effectively and provide ongoing coaching and feedback.

Education Masters Degree: Business Administration (Required) Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank. Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Information :

• Company : Absa Bank Limited
• Position : Head Transactional Banking Product
• Location : Sandton, Gauteng
• Country : ZA

How to Submit an Application:

After reading and knowing the criteria and minimum requirements for qualifications that have been explained from the Head Transactional Banking Product job info - Absa Bank Limited Sandton, Gauteng above, thus jobseekers who feel they have not met the requirements including education, age, etc. and really feel interested in the latest job vacancies Head Transactional Banking Product job info - Absa Bank Limited Sandton, Gauteng in 2025-03-30 above, should as soon as possible complete and compile a job application file such as a job application letter, CV or curriculum vitae, FC diploma and transcripts and other supplements as described above, in order to register and take part in the admission selection for new employees in the company referred to, sent via the Next Page link below.