Manager, Product Custody Management

Job Overview:

Business Segment: Corporate & Investment Banking

Location: ZA, Johannesburg

Job Type: Full-time

Job Ref ID: 80364931A-0001

Date Posted: 11/15/2024

Job Description:

To manage all aspects of the assigned low complexity Transaction Banking solutioning portfolio, managing multiple processes or programs to realize the solution set strategy, influencing timelines and expectations, and proactively negotiating across departments.

Purpose of the Role:

The product manager is responsible for the management of the product overall across the value chain which includes financial performance, client, risk management, and overseeing the development, launch, and maintenance of custodial products and services in the financial industry.

Roles and Responsibilities:

1. Localize and execute the solution set strategy for assigned area Global Custody/Domestic Custody.
2. Develop and implement plans and set effective targets to achieve portfolio P&L, performance indicators, revenue targets, and client expectations.
3. Provide local market insight and input towards the Strategy.
4. Research, collate data and understand the client base and market.
5. Build relationships with key regulatory bodies/associations.
6. Monitor solution utilization against performance indicators.
7. Contribute to setting the budget and monitor actual expenditure.
8. Drive execution of solution design and development.
9. Act as a solution expert to maximize revenues and ensure client satisfaction.
10. Own and manage internal and external awareness, internal training, and publishing collateral.

Qualifications:

Educational Background and Experience:

1. Relevant Degree: Bachelor’s degree in finance, business, or related field. Advanced degrees (like an MBA) or professional certifications (like CFA or CPA) are advantageous.
2. Relevant Experience: Significant experience in the financial services industry, particularly in roles related to global custody or institutional asset management. 5+ years of experience in financial services, preferably in custodial or asset management.

Additional Information:

Behavioral Competencies: Adopting Practical Approaches, Articulating Information, Embracing Change, Generating Ideas, Interpreting Data, Managing Tasks, Producing Output, Pursuing Goals, Seizing Opportunities, Showing Composure, Taking Action, Upholding Standards.

Technical Competencies: Business Insights, Client Business Case, Market Analysis, Product Development, Product Knowledge (Consumer Banking), Stakeholder Management, Strategy Definition.