Responsible and accountable for implementing and managing Postbank’s New Product Development strategy.

• Product Management
  • Manage the product development process from the concept phase to the post-launch phase.
  • Develop and evaluate innovative new ideas and related solutions that improve customer acquisition and generate new revenue streams.
  • Run the NPD brainstorming forums and co-ordinate outputs into concept documents.
  • Launch approved product concepts and provides post launch support. This can include presentations to branch or area managements, mass customer activation shows and other forums of customer support
  • Approves the final product launch plans and ensure that marketing plans are executed with the agreed timelines
  • Compile reports on a monthly basis (or when requested) reflecting project status and post launch product performance.
• Research and Analysis
  • Commission and analyze research to validate, prioritize, and hone new product concepts
  • Develop business cases to ensure that appropriate ideas do material into products.
  • Set up an information bank for all proposed ideas and keep it updated with correct status on a continuous basis
• Relationship Management
  • Primary liaison with relevant stakeholders for Product Development from IT system, Operations, Strategy, Risk & Compliance, Marketing and Consumer Services to ensure that all inputs into any new product concept and prototypes are agreed upon, tested and launch successfully.
• Compliance

Ensure the effective and efficient management and control of functions/resources in accordance with the stipulations of the Public Financial Management Act, fraud prevention and risk management principles, legislation, company policies, processes, regulations.

Minimum Requirements

• National Degree in Sales and Marketing or BCom Marketing or equivalent qualification (NQF 7)
• At least 5 years Product Management or Investment Management experience at a managerial level.

Knowledge

• Knowledge of company policies, rules and regulations
• Good knowledge of Corporate Governance principles
• In-depth understanding of product development and life cycles preferable within a retail banking environment
• Project Management

Skills and Attributes

Formulation & Implementation of business plans, Manage  projects simultaneously, Leadership skills, Ability to work in stressful environment, Organising and planning skills, Strong Presentation Skills, Analytical, Identify and Develop Business opportunities, Excellent communication skills (verbal, writing) at top level with internal/external clients and Negotiation skills

Quality orientated, Customer orientated, Teamwork, Business orientated, Energetic & positive, Performance/Goal orientated, Objective, Deadline driven, Proactive management style and Persistent

Salary Scale from R464 000 – R580 000

Contact    : Frans de Wet

E-Mail       : frans.dewet@timequantum.co.za