Product Manager - Economics at StandardBankGroup

About the Role

We are looking for a Product Analyst to join our team. This role involves analyzing product and economic trends, preparing reports, and identifying opportunities for improvement and cross-selling.

Key Responsibilities

• →Analyze all information related to product and economic trends in relation to expected performance and prepare appropriate reporting (bespoke and standard) with recommendations based on user requirements.
• →Analyze and report on all product utilisation and provide recommendations for product improvements.
• →Apply leading and lagging measures to form a view of portfolio performance and identify potential gaps.
• →Conduct analysis to identify potential risks for allocated portfolio and advise line management accordingly.
• →Decide which data sources are most suitable when conducting analysis and on the depth of information required to provide, when preparing relevant MIS and economics reporting.
• →Determine analysis and reporting requirements for the allocated product portfolio and source appropriate data and MIS for the allocated product portfolio and transform it into usable format.
• →Extract portfolio information from external sources and overlay this with internal portfolio information to identify further cross-selling opportunities.
• →Identify opportunities for cross-selling / acquiring and pass leads onto Client Management teams and Customer Insights and Analytics.
• →Identify opportunities to automate the standard reports and liaise with relevant stakeholders to drive automation.
• →Identify opportunities to improve the profitability of the existing customer base without negatively impacting customers.
• →Implement and maintain the performance dashboard for allocated portfolio by obtaining inputs from PBB Finance and Customer Insights and Analytics.
• →Monitor pricing trends in order to provide input into the development of minimum and recommended pricing.
• →Prepare and present reports with recommendations on prototype findings at relevant committees.
• →Prepare monthly and quarterly portfolio reporting packs as per user requirements.
• →Provide input into identifying the most appropriate value stream components, features and processes that need to be digitised.
• →Provide input into the continual modernisation of platforms in line with what matters to customers.
• →Provide input on request into the product target setting (budgeting), at all iterations.
• →Provide input into campaign briefs and ensure input integrates behavioural economics and marketing best practices to determine best approach to target customers.
• →Track overall product performance and provide guidance on tactical implementation of initiatives to the Client Management teams to improve product performance.

Additional Responsibilities

• →Adhere to risk framework, appetite, risk control procedures, governance and risk toolbox.
• →Provide input into internal and external audits to eliminate unsatisfactory findings.