Jobs at Land Bank Careers

Job Advert Summary    
To lead efforts to drive the culture of organisational innovation, strategy research, and initiatives that advance the Bank’s strategic objectives and enhance its competitive position in the market.

Reporting to the Head of Strategy and Innovation, this role will play a key role in shaping the Bank’s innovation agenda, identifying emerging trends, and translating insights into actionable strategies. 

Key Performance Areas 

Innovation Strategy and Culture

• Develop and execute the Bank’s innovation strategy and culture, aligning with business goals, macro environmental trends, and key stakeholder needs.
• Identify opportunities for disruptive innovation, product development, and process improvement that drive growth and differentiation.
• Foster a culture of innovation and creativity across the Bank, encouraging experimentation, risk-taking, and knowledge sharing.
• Stay abreast of industry trends, customer insights, and competitive dynamics through ongoing market research and intelligence gathering.
• Translate market insights into actionable recommendations and strategic initiatives that drive business growth and enhance competitiveness.

Strategy Research and Development

• Lead strategy research initiatives to explore emerging macro environmental trends (incl. economic, demographic, technological, natural, social and cultural, legal and political trends) which have an influence on the Bank’s strategic choices and decision making and have an impact upon its performance.
• Establish the strategic considerations that should be undertaken by the Bank in a short, medium and long term basis to leverage success in the changing environment.
• Undertake regular stakeholder and market research to understand the key needs and expectations of the Bank’s stakeholders
• Collaborate with cross-functional teams to define strategy research priorities, design experiments, and analyze data to generate actionable insights.
• Manage the end-to-end strategy research process, from hypothesis formulation and data collection to analysis, interpretation, and dissemination of findings.

Development of Strategic Partnerships and Collaboration

• Identify and cultivate strategic partnerships with research institutions, academia, startups, and industry collaborators to leverage external expertise, resources, and capabilities.
• Collaborate with external partners to co-create innovative solutions, pilot continuous improvements (including new processes and technologies), and drive collaborative research projects that deliver value to the company and its stakeholders.
• Identify and evaluate potential strategic partnerships, alliances, and opportunities that align with the Bank’s strategic objectives.
• Foster strong relationships with key stakeholders, industry partners, and external advisors to support strategic initiatives and business development efforts.

Develop / Introduce Systems and Technology Platforms to Enable Organisational Innovation

• Monitor industry trends, emerging technologies, and competitive landscapes to identify opportunities and threats that impact the company's innovation agenda.
• Evaluate potential systems and technology platforms that may be deployed in the Bank to promote innovation.
• Make recommendations to senior leadership on strategic priorities, resource allocation, and investment decisions based on sound analysis and insights.

Preferred Minimum Education and Experience    

• B Degree in Engineering, Business Science, Economics or related field
• Postgraduate qualification in Engineering, Business Science, Economics or related field
• Advanced Excel skills
• 5 – 7 years experience in a role supporting Investment Banking/Agricultural Finance.
• 3 years working experience in statistical analysis and statistical packages.
• 3 years experience in Financial Modelling.
• 3 years experience in market research.
• 3 years experience in product management.

Critical Competencies    

• Advanced Microsoft Office
• Business Acumen
• Environmental management policies and practices
• Financial Policies and Procedures
• Agricultural Industry
• Writing skills

Additional Requirements    

• Knowledge/Experience of Business Environment
• Sound knowledge of key legislation applicable to deal origination and structuring e.g. Companies Act 2008, Income Tax Act, Insolvency Act, Competition Act, etc.
• BBBEE Codes of Good Practice specifically Financial Service Sector and Agricultural codes to apply to product analysis

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MAIN PURPOSE OF THE JOB

To provide strategic direction to the Treasury department. To develop and manage strategies, operations and policies in respect of the bank’s treasury function, which involves asset and liability management, liquidity and capital planning, funding operations, investment portfolio management and third party fund administration.

Key Performance Areas 

Design and Implement the Treasury Strategy as Aligned to the Corporate Plan

• Gives funding advice to guide decisions pertaining to strategic initiatives and potential funding
• Collates the information into a workable document for use for review and buy-in for the development of a divisional strategy and implementation roadmap
• Informs affected groups/divisions of the strategic intent of the specific working area to adjust or modify associated roadmaps and strategy
• Compiles the final version of the strategy and roadmap in the prescribed organisational format inclusive of organisational position related to the specific elements
• Makes the appropriate recommendations related to the strategy and roadmap to the relevant role players
• Implements the Strategy and Roadmap

Processes, Policy and Treasury function Limit Development and Financial Risk Management

• Process, Policy and Limit Development
• Financial Risk Management

Manages the Land Bank’s Assets and Liabilities

• Directs and supervises the development and production of monthly and quarterly risk management information (including but not limited to interest rate and currency risk reports, financial projections, liquidity and capital planning reports) to enable strategic decision-making for the bank’s balance sheet.
• Leads the Bank’s resource mobilization efforts.
• Supervises and contributes to the formulation, periodic review and distribution of Asset and Liability Management policies and guidelines for the Bank.

Manages the Land Bank’s Capital Funding, Liquidity and Optimises Investment Returns on Surplus Cash

• Conducts cash flow forecasting
• Determines, monitors and manages the Bank’s funding requirements.
• Liaises with investors, shareholders and banks to ensure the Land Bank has sufficient funding at all times
• Manages the Cost of funding and advise on adjustments and amendments to proactively deal with market changes
• Ensures sufficient sources of capital are available to exceed the target Capital Adequacy Ratios.
• Instructs cash office and front office liquidity to invest the surplus cash relative to approved limits.

Formulates the strategy and oversees the execution of third party fund administration

• Directs and oversees the development of service level agreements and contractual agreements.
• Takes ultimate responsibility for disbursement of funds in line with service level agreements and contractual agreements.
• Provides strategic oversight regarding fund launch support; providing operational guidance in terms of key fund terms and accounting and administration mechanics.
• Establishes policies and standard operating procedures pertaining to third party fund operational support and administration.
• Ensures robust third party fund accounting and reporting processes are place.

Directing Treasury Operations

• Takes ultimate accountability for the implementation of new banking technologies and services aimed at improving the treasury function and simplifying treasury operations.
• Ultimately responsible for the overall direction, coordination, and evaluation of the treasury operations.
• Directs the development and maintenance of a robust treasury operations management framework.
• Oversees the review of treasury operating processes with the aim of promoting industry best practices.

 Investor Relations and Stakeholder Relationship Management

• Develops and implements a fit-for-purpose investor relations strategy to enhance the bank's reputation and credibility among funders, partnership stakeholders, investors, analysts, and the financial community.
• Builds strong relationships with existing and potential investors and analysts by providing accurate, timely and relevant information about the bank's performance, financials, and strategic initiatives.
• Fulfils the role of primary point of contact for investor inquiries and manage all investor communications, investor presentations, and investor meetings.
• Proactively identifies and engages with potential new investors and analysts to increase the company's visibility and attract investment interest.

Departmental and People Management

• Performance Management
• Capacity Planning
• Financial Management

Preferred Minimum Education and Experience    

• 3 year qualification in Accounting, Finance or Economics 
• CFA / CA
• Senior Management experience in a typical finance environment including cash management = 10 Years
• Senior Leadership & Management experience of Treasury Function = 10 Years
• Senior management experience in fixed income markets (specifically, debt issuance and Management) = 10 Years
• Extensive experience in debt capital markets and funding operations = 10 Years

Critical Competencies    

• Macro Business Environment and financial markets – debt and capital markets
• Financial Accounting and IFRS
• Financial instruments (including derivatives)
• Treasury policy, controls and management
• Asset and liabilities management
• Financial risk management 
• Third party fund management
• Investor relations

Additional Requirements    

• Extended hours as and when required.
• Travel as and when required.

go to method of application »

MAIN PURPOSE OF THE JOB

Responsible for consolidated Business Performance reporting which includes consolidated insights and analysis as well as standardisation of reporting and reporting frameworks, and standardisation of practices and internal team processes to ensure the meeting of monthly, quarterly and annual reporting requirements. Further responsible for financial modelling, consolidated revenue assurance & balance sheet substantiation reporting, cost recovery model implementation and continued maintenance.

Key Performance Areas

 Implementation and management/maintenance of a full cost recovery model and transfer pricing in the Group.

• Drive an in-depth understanding of the business costs through the Financial Business Partner network
• Drive cost driver analysis and validation with Business through Finance Business Partner network
• Drive the development of Activity Based Costing Model through the Finance Business Partner network
• Support the EXCO Cost Recovery Model approval process
• Implement and Manage the cost recovery model, practices and processes

Budgeting and Forecasting

• Support the review all budget/forecast assumptions, to ensure alignment to the strategic plans of the bank
• Building financial models and providing forecasts based on various strategic operating metrics.
• Support the compilation of consolidated budget Presentation (including commentary) for Exco and Board approval after reviews by Head of Business Performance and the CFO
• Review all BU, regional, provincial/Branch budgets loaded on SAP and ensure completeness and accuracy based on approved budgets
• Manage the forecasting and budget planning process across the Business partner network.

Process analysis and Improvement

• Ensure the standardisation of all reporting packs and frameworks
• Champion the review and efficiency improvement of internal reporting processes
• Build and/or manage, update and maintain internal models i.e. Cost Recovery, Budgeting and Forecasting models, liability solution model
• Review Service Levels Agreements (SLAs) against internal processes and manage accordingly with business stakeholders
• Present to the Head of Business Performance on consolidated reporting trends (drawn from the Finance Business Partners),
• Build and/or Improvement and management of Liability Solution model
• Drive automation of reports through various solutions available to the Bank

Consolidated reporting and Finance business partnering

• Reporting
• Finance Business Partnering

Consolidated revenue assurance and balance sheet substantiation reporting

Drive the accuracy and completeness of information that is used for reporting purposes and decision making, which includes, but is not limited to:

• Consolidated revenue assurance and balance sheet substantiation reporting through the Business Partner Network which involves:
  • Revenue:
    • Ensuring that the revenue that is reported by the business is reflected as is in the source systems(accuracy)
    • Ensuring that the information in the source system is reflected holistically in the reporting pack(completeness)
  • Balance Sheet:
  • Ensuring that the balance sheet that is reflected and reported on by business, has the complete and accurate supporting documentation and evidence required for consolidation, as well as appropriate reconciliations and ageing of all balance sheet accounts 

Drive financial risk management through continuous improvement of processes and controls

• Reviewing of existing processes and procedures to develop recommendations for business improvements
• Support the updating of the following:
  • Reviewing and updating of organisational action plans on Business Unit’s risk register;
  • Capturing of operational new risks identified for Business Performance.
  • Resolution of audit matters raised for business performance BU and other BU’s if required

Approval/Sign off of daily Certificate of Balance accounts

• Timeous approval of all certificate of balance accounts(COB)

Preferred Minimum Education and Experience    

• CA(SA)
• Must have completed audit articles
• Registered with accounting professional body e.g. SAICA
• 6 years experience as Finance Business Partnering, Financial reporting and management accounting as well as Business Strategy and Analysis

Critical Competencies    

• Sound knowledge of the reporting requirements as prescribed by IFRS & IAS regulations
• Financial analysis, insights generation
• Financial Reporting Software Packages(SAP, SAP-BI etc)
• Business Acumen
• The ability to deal with ambiguity
• Microsoft Office- Excellent Excel skills including financial modelling
• Effective Communication

Additional Requirements    

• Travel as and when required
• Extended hours as and when required.