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Executive: CIB Payments Services

Nedbank Gauteng 4 months ago
Full-time
Banking, Insurance, Stockbroking

Job Purpose

To take accountability of bank-wide payment manual operations, ensuring the safe, efficient, and client-centric execution of payment transactions. To ensure that the relevant payment channels and services are aligned to Nedbank Group payment's initiatives in collaboration with Group Technology, ensuring the efficiency and stability of Nedbank payments infrastructure.

To build, in close collaboration with Group Technology specialists, an engineering culture alongside operational teams to continuously digitise, automate and improve payment processes.

To deliver on an excellent client payments services experience, andservices experience and further expanding mandate to scale and grow our share of client payments.

Ensure an effective control environment to minimise operational, reconciliation and settlement risk. To manage human resources effectively, including maximising utilisation, managing capacity, and development and cross-skilling.

To drive a digital culture shift, innovation and optimisation of CIB Payments processes through digitisation.

Job Responsibilities

Continuously drive design of efficient and reliable manual payment processes + culture of continuous improvement

Ensure best-in-class client experience by designing capabilities for a differentiated and improved client experience

Track client interactions against agreed service levels through monthly key performance indicators to ensure performance efficiencies

Build an engineering-oriented function, in close collaboration with technology teams, to prioritise continuous improvements and automation of the payments process not sure feasibility + control from payment

Assist with designing and delivering automation and straight-through-processing wherever possible to reduce risk and increase efficiency STP is target state

Drive a digital culture shift, innovation and optimisation of CIB Payments processes through digitisation

Direct post execution, reconciliation, and exceptions for both global and domestic payments… ContinuiouslyContinuously improve recons and other processes as we move to target state technologies

Collaborate with regulators across the value chain to positively influence industry trends and uplift standards

Provide reporting to industry bodies in line with regulatory requirements

Actively manage incidents, where appropriate, to help limit bank losses

Effectively manage operational risk, audit and business assurance issues

Achieve financial targets through responsible cost management

Actively participate in bank-wide payment communities and leadership to influence the Nedbank Strategy

Steer workforce planning by actively managing staff utilisation and developing capacity-planning models and reviews, overlay with Digitisation

Drive people management and guide the team effectively and efficiently across the HR value chain covering coaching, development, recruitment, performance management, retention of critical staff, succession planning and talent management

Essential Qualifications - NQF Level

Professional Qualifications/Honour's Degree

Master's Degree

Preferred Qualification

Master's Degree with a preference for IT Operations or Engineering component/Masters in Business Administration

Minimum Experience Level

10 years + experience in relevant business with a bias towards technology, digital or operations

5 years + executive management

8 years + managing people

Technical / Professional Knowledge

Business administration and management

Change management

Client service management

Communication Strategies

Financial Accounting Principles

Governance, Risk and Controls

Principles of project management

Relevant regulatory knowledge

Stakeholder management

Strategic planning

Behavioural Competencies

Customer Focus

Establishing Strategic Direction

Operational Decision Making

Inspiring Excellence

Driving Execution

Sharing Responsibility