Position Summary:
The credit and product owner role is a role that includes the end to end ownership of the design and develop of the securities (Lombard) lending proposition.
Key Responsibilities:
- Integrates and develops the product CVP
- Significantly contribute to the development of operational processes required to sell this product.
- Works independently to undertake market/competitor/ customer focused research and document/present findings
- Ensure that the system being built aligns the CVP and product strategy.
- Undertakes feasibility evaluation/testing with limited supervision
- Liaises with the stakeholders on secured lending matters
- Significantly contribute to the development of the product strategy and CVP.
- Defines, documents and presents ideas and product concepts
- Undertakes model/ prototype development, testing, reporting and changes with limited supervision
- Works at a team level, and is accountable for service delivery within a function/team.
- Understands and maximizes the utilization of different technology enabled applications and interfaces within the design and use of the products
- Liaise with the credit risk functions in order to ensure credit requirements are built into the CVP, product strategy and system specifications.
- Undertakes final product testing/validation/changes and co-ordinates with various business partners to ensure a smooth product build
- Documents internal processes and issues internal process notes
- Understands key financial drivers and metrics relating to secured lending and has the ability to make product development decisions based on these metrics
- Undertakes knowledge management processes and practices with limited supervision
Required Education & Experience:
- Working with building of product platforms will be advantageous.
- Familiarity with Lending and other regulations such as National Credit Act, Financial Markets Act, Long-term Insurance Act will be advantageous.
- Relevant degree. Finance, Engineering, Accounting, Economics, Actuarial Science etc.
- At least 3 years of Secured Lending experience in any financial role
- Ability to work without supervision
- Working with securities based lending products will be advantageous.
- Ability to communicate with stakeholders in other areas of the business
- Excel, Word, Powerpoint