Job Description
About the Role
The Centurion: Manager: Lending Products and Pricing role is a crucial position that requires a specialist in lending products and pricing strategy. As a manager, you will be responsible for providing advice and executing the implementation of the lending products and pricing strategy across the bank. The incumbent will support the team in the capacity of Manager: Lending Products and Pricing.
Key Responsibilities
- Lead scenario testing and sensitivity analysis of various pricing assumptions and report on the results and advise on appropriate actions as-and-when required.
- Lead the development and implementation of new rating and pricing models for existing and new products.
- Produce appropriate calculation tools and/or quotation tools in collaboration with sales and operations departments and IT.
- Provide specialist advice and support in defining standard operating procedures (SOP’s).
- Conduct research and gather data to provide input to operational reporting and decision-making processes.
- Provide specialist advice to plan for value-added process improvements, initiatives and services to deliver on operational objectives.
- Provide expertise to identify and develop solutions to improve quality of processes and services.
- Translate the integrated medium term pricing strategy/design by dealing with the relevant stakeholders across the bank.
Requirements
- Commercial Business Degree.
- Knowledge of the banking industry 3 – 5 years.
- Experience in designing and testing processes and controls 3 – 5 years.
Qualifications
- Completed Commercial Business Degree.
How to Apply
Click the green “Go Apply” button below to apply directly online with the employer.
About Banking Jobs in Gauteng
The banking industry in Gauteng, South Africa is a dynamic and growing sector, with a strong demand for skilled professionals. Typically, job seekers in this field can expect to find opportunities across various sectors, including financial services, technology, and manufacturing. Generally, the industry outlook remains positive, with a common expectation of steady growth and expansion.
When it comes to salary expectations, banking positions in Gauteng typically fall within broad ranges, often influenced by factors such as experience, company size, and industry sector. For instance, entry-level positions may start around R400 000 per annum, while senior roles can exceed R800 000. However, please note that these figures are approximate and can vary significantly depending on individual circumstances.
Common skills required for banking roles in Gauteng include proficiency in financial software, strong analytical and problem-solving abilities, excellent communication and interpersonal skills, and a solid understanding of regulatory requirements. Other essential skills often include technical expertise in areas such as accounting, risk management, or compliance. Additionally, many employers place a high value on emotional intelligence, creativity, and adaptability.
The banking industry is commonly found in sectors such as financial services, technology, manufacturing, and corporate finance. Financial services companies, for example, are often major players in the industry, while technology firms may require banking professionals with technical expertise. Manufacturing sector banks also exist, catering to the needs of specific industries.
Career development opportunities abound in the banking industry, with many positions offering clear career progression paths. Typically, entry-level roles can lead to senior management positions or specialized fields such as risk management or compliance. Opportunities for professional development, training, and mentorship are often available within organizations, allowing professionals to build expertise and advance their careers.
This information provides general career guidance. Actual salaries and requirements vary by employer.
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