Manager Platforms and Ecosystems at Nedbank

Job Purpose

• Platforms and Ecosystems represent the next frontier in banking and financial services. This requires a shift in traditional ways of thinking around banking products and services with emerging business models like Banking as a Service (BaaS) and Embedded Finance gaining momentum globally. This role aims to support the emerging innovation and greater solution innovation team with the development of new propositions related to APIs in the context of BaaS and Embedded Finance.

Job Responsibilities

• Identify Embedded Finance and API opportunities through Client Workshops, needs analysis and market research.
• Assess market size and room for scale of all opportunities (including analysis of existing competing and adjacent solutions, risks involved)
• Validate product/market fit (i.e., solution is scalable) and confirm that clients and Nedbank can create value from the solution
• Development of business models, business cases and pitch books by compiling all relevant information; come up with findings, performing financial analysis and developing a proposal with appropriate recommendations and alternatives.
• Navigating complexity through a large organisation with different departments that have different perspectives on a thought or idea.
• Ongoing participation in in forums established through industry bodies and regulators (BASA, PASA, SARB, FSCA etc)
• Staying abreast of key trends shaping Open Finance, Open Data, Embedded Finance and Banking as a Service and working with key partners to bring unique value propositions to Nedbank.
• Provide strategic advice and share knowledge on best practices and potential solutions to influence the shaping of the greater SI and RBB strategy.
• Develop strategic, credible, trusted relationships with internal stakeholders by working with relevant divisions (Segment, CVM, Channel, Rest of SI, GT, CIB) to agree high priority initiatives, position solutions / value creation models and drive implementation.
• Ensure effective communication and relationship networks by working in a cross functional matrix structure across segment and SI.
• Identify and validate relevant metrics that ensure the operational solution delivers expected value and performance
• Manage risk and compliance requirements by taking ownership and esuring that all risk and compliance issues (e.g., POPIA, Deposit Taking, AML etc) are adhered to.

Preferred Qualification

• B-related degree in Engineering, Commerce, Strategy, or Innovation related field
• MBA, Masters would be an advantage

Minimum Experience Level

• 5-10 years’ experience in the Banking / FinTech space within a Product, Innovation or Strategy related role with specific focus on the role of APIs in banking.

Behavioural Competencies

• Aligning Performance for Success
• Building Partnerships
• Decision Making
• Broadening Business Value
• Building partnerships
• Guiding Sales Opportunities

Closing Date: 15/06/2023