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
Lead and develop the bank’s telecommunications business line within the Transactional Banking ecosystem. Responsible for launching and managing our MVNO initiative, integrating telecom services with financial products, and driving innovative strategies to enhance customer engagement and revenue growth.
Job Description
Strategy Formulation and Execution:
- Develop and implement the MVNO business strategy aligned with the bank’s financial and customer-centric goals.
- Identify and evaluate opportunities to integrate telecommunications with financial products to create value-added offerings.
- Monitor and analyse industry trends, regulatory changes, and emerging technologies to ensure competitive positioning through appropriate proposition design
- -Provide Pricing Strategy input and direction
Customer Primacy
- Drive customer primacy through the formulation and management of compelling product propositions and product offerings around viable new ventures within the MVN space.
Sustainable Growth:
- Using extensive market data and trend analytics, understand the product and service make-up mix and offerings that would ensure future sustainability and growth through the exploration of partnerships and services for appropriate propositions.
- Provide steer into effective product management and product life cycle management for sustained product and customer growth
Client-Driven Innovation and Change:
- Design and launch innovative telecom and financial product bundles to drive cross-selling opportunities.
- Leverage data analytics to develop personalized offerings and optimize user experience.
- Explore emerging technologies such as IoT, 5G, and AI to enhance service capabilities.-Develop and execute customer acquisition and retention strategies for MVNO services, through driving of change initiatives through BOW prioritization
- Ensure that Customer experience standards are aligned to the product/proposition and regulatory and security standards to build trust and maintain a strong brand reputation.
- Drive competitive advantage through continuous innovation and partnering with the marketing team to create campaigns that drive adoption and usage.
Stakeholder Engagement:
- Engage with and leverage cross-functional teams of product managers, product developers, technology and change teams for the development and management of new propositions
- Liaise with and consume services from CVM, CDAO, Digital and Technology teams for the creation of products and propositions within the MVNO sphere.
Operational Effectiveness
- Oversee the setup and management of MVNO operations, including vendor selection, contract negotiations, and network agreements with MNOs (Mobile Network Operators).
- Define and manage KPIs and SLA’s to ensure operational efficiency, customer satisfaction, and financial performance.
Digital Adoption:
- Drive the conceptualization, design, build and development of products and propositions to ensure uptake and usage via the digital platforms thus driving digital adoption.
Financial management, Good Governance, Risk and Compliance:
- Build and manage the MVNO P&L, including budgeting, forecasting, and reporting.
- Drive governance, risk mitigation and compliance in all phases of product proposition, development, delivery and management including the change process.
- Ensure adherance with all regulatory requirements and standards in all phases to prevent non-compliance.
Education
Bachelor's Degree: Business, Commerce and Management Studies (Required)
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
What We Do
Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond.
We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.
