Senior Product Manager – Digital Banking

Absa Bank Limited (Absa) is a wholly owned subsidiary of Barclays Africa Group Limited. Absa offers personal and business banking, credit cards, corporate and investment banking, wealth and investment management as well as bancassurance.

Senior Product Manager – Digital Banking

Job Summary

• Reporting to the Head of Digital Banking, the holder will drive the development, management, and enhancement of digital products offered by the bank. The holders primary focus will be creating, enhancing, delivering & management of the digital products. Further, they will manage & groom the product roadmap while prioritizing & reprioritizing in line with customer and business needs. Holder will play the core task of shaping the banks digital product portfolio, driving innovation, and delivering value to customers while achieving business objectives and maintaining a competitive superior products edge in the market.

Job Description

Key Accountabilities and Responsibilities

Product Strategy – 50%

• Develop product visions that will drive successful product strategies and tactics in the fintech consumer space and platform models that will attract new partners, producers, and consumers.

• As the Innovation steward, define an innovation strategy that is relevant for core innovations, adjacent innovations, and disruptive innovations.

• Manage products through the product lifecycle right from development to decline and applying the right strategic focus for each phase of in the life cycle.

• Define the right key performance indicators for each product and track these indicators to ensure that the product is meeting business goals, and that the product is meeting its strategy.

• Continuous review of product strategies taking into consideration; competition, product performance, trends and catapult bank goals and capabilities.

• Vetting potential opportunities for strategic partnership, opportunity sizing and reviewing commercial and technical feasibilities for investment.

• Owning and driving the overall product road map in line with business needs, oversee implementation and delivery of the same within budget and commercial targets and cost effectively.

• Define product strategy and align digital solution to meet the set revenue mission.

Product Management – 30%

• Design the unit’s product management architecture and ensure its execution across all delivery actors.

• Define best practices product management processes which includes Product vision, product strategy formulation, roadmap development.