Company: Absa Bank Limited | Salary: Competitive salary | Category: Product Management | Experience: 10 Years
Apply Here: https://onnetpulse.com/jobs/absa-bank-limited-executive-specialist-data-product
Executive Specialist: Data Product at Absa Bank Limited
Empowering Africa’s tomorrow, together…one story at a time.
With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.
Job Summary
A strategic role to lead the development of data products within the Chief Data & Analytics Office (CDAO).
This role will be responsible for defining the vision, roadmap, and strategy for data-driven products and platforms (including data analytics-related products, data science models and MI/BI related tools) that can drive value, solve for business challenges and make for better operational efficiency across Personal and Private Banking.
Job Description
QUALIFICATIONS AND EXPERIENCE
Education/Qualification:
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Bachelor’s degree in a relevant field (e.g., Business, Information Systems, Computer Science, Engineering, Statistics, Mathematics) is preferred; a Master’s degree (e.g., MBA, Data Science or Analytics) is advantageous.
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Product management certification or training (e.g., Pragmatic, SAFe, Scrum/Agile) and/or experience leading platform products, internal tooling, or data/AI product portfolios in a regulated environment.
Work Experience:
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Experience in financial services preferred, but experience in other data-rich industries will be considered.
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Approx 10 years experience in product management, development and/or ownership with several years leading data or analytics products or projects, or proven domain experience with data products and projects (e.g. analytics, data science, AI projects).
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Industry knowledge and strong understanding data ecosystems, analytics platforms, AI/MNL applications and data governance.
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Experience leading and building strong teams, both directly or indirectly via cross functional team setups.
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Problem-solving abilities to drive complex initiatives, interpret across different teams and work across a variety of skillsets to create solutions that speak to the problem or challenge. Ability to balance trade-offs where needed and assess risks.
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Communication skills: ability to communicate clearly and interpret between or for technical and non-technical audiences.
COMPETENCIES
Leadership Competencies:
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Business Acumen
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Communication
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Influence
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Leadership
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Delivering Results
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Collaboration
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Decision-Making
Knowledge and Skills:
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Operational delivery and service management
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Process improvement and optimisation
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Customer experience and service design
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Performance tracking and reporting
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Governance and compliance
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Digital tools and systems
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Data analysis and insight generation
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Team leadership and development
KEY FOCUS AREAS
Assess Absa’s strategy for key opportunities to build sustainable data-driven products that are reusable or scalable. This can include: tools that aid faster decision-making; rules or structures that enable effective targeting of customers; software or UI interfaces that make it possible to ship data and data products easily to our internal customers; and, finding the best possible use of the latest AI technologies to solve business problems. Look for the long-term opportunities and drive a sustainable approach to the use of our data.
ACCOUNTABILITIES
Strategy Formulation and Execution:
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Develop and communicate a product vision, define a roadmap and create a strategy for CDAO that is aligned with Absa’s business objectives.
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Organise Book-of-Work (BoW) in conjunction with other EXCO members and Product Owners and refine resource allocation and capacity planning to match priorities.
Customer Focus:
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Prioritize customer insights and feedback in the development of data products and services.
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Foster a customer-centric culture within the team to enhance user experience and satisfaction.
Sustainable Growth:
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Identify opportunities for sustainable growth through data-driven decision-making and innovative product offerings.
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Monitor market trends and regulatory changes to ensure growth strategies remain relevant and compliant.
Leading Talent:
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Attract, develop, and retain top talent within the data product team, fostering an environment of continuous learning and development.
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Mentor team members, promoting leadership skills and encouraging professional growth.
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lead a team of Product Owners and work across multiple different technical teams within CDAO, including data scientists, analysts and engineers to ensure clear alignment and understanding between all.
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Work with other Heads in the CDAO to scope how solutions will be implemented, maintained and sustained, and build an Agile cross-functional culture and structure.
Operational Effectiveness:
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Streamline processes and enhance operational efficiency to improve product delivery and service quality. Implement best practices in project management and product lifecycle management.
Digital Adoption:
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Champion digital transformation initiatives that leverage data analytics and technology to enhance product offerings and client interactions.
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Monitor the adoption of digital tools and platforms, ensuring alignment with business objectives.
Metrics, performance and value tracking:
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Drive processes and frameworks, in partnership with teams and stakeholders, to track success and usage of our data and data products.
Stakeholder engagement:
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Work with senior executives and stakeholders to fully understand their challenges and propose effective solutions, advocating for data products that can truly move the needle.
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Agree on definitions of success and align on key measures to track these upfront.
User-centric approach:
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Function as a bridge between the data teams and the rest of the organisation, so that any solutions provided are well-fit to the task at hand, and stakeholders are able to use and understand them easily.
Technology and innovation:
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Staying on top of emerging trends in the field of data, analytics and AI so you can advise the business on where best to innovate or develop a competitive edge.
Good Governance, Risk and Compliance:
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Ensure all data products adhere to regulatory standards and internal governance policies.
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Establish risk management frameworks to safeguard data integrity and security.
Data Monetisation:
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Develop strategies for monetising data assets, exploring new revenue streams and partnerships.
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Analyze market opportunities for data-driven services and products that deliver value to clients and stakeholders in Personal and Private Banking and the Absa group.
Education
Bachelor’s Degree: Data Science
Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.
Absa Bank Limited reserves the right not to make an appointment to the post as advertised
https://onnetpulse.com/jobs/absa-bank-limited-executive-specialist-data-product
