Head, Derivatives Clearing

Company DescriptionStandard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.Job DescriptionTo manage all aspects of the Derivatives Clearing portfolio to achieve the set performance indicators and revenue targetsEssential Functions:Strategy:Develop and execute the Derivatives Clearing strategy.Develop and implement business plans to achieve revenue targets, other performance indicators and client expectations whilst managing costs as set out in the approved strategy.Act as a solutioning expert, bringing deep technical understanding and support across assigned solution portfolio, with a focus on high complexity execution.Provide local market insight and leverage the insight when formulating the strategyFinancial:Contribute to setting the budget, monitor actual expenditure, consolidate and aggregate financial performance and profitability and validate investment business cases, priorities, and decision making.Client:Pro-actively drive initiatives to enhance client experienceBuild and maintain relationships with clientsResearch, collate data and understand the industry client base and market, providing input into the portfolio value propositionMaintain client survey scores (CSI) above 9Grow the market share by onboarding new clientsIndustryBuild relationships with key regulatory bodies / associations and engage in market advocacy to proactively identify new opportunities, influence and lobby.Implement industry changes such as new regulations and new product linesProduct developmentFollow and adapt within group guidelines, monitor and lead local NPCs. Monitor solution utilization against performance indicators, to identify areas for improvement that will increase their return-on-investment.Risk:Drive a proactive risk culture in the businessManage risk such that there are no negative audit findings or significant risk incidents in the divisionAdhere to all governance frameworks and structuresPeople management:Manage the Derivatives Team to ensure effectiveness and high-level execution against agreed plans and strategyDrive team training and development and ensure succession plans are in placeDrive a high performance culture in line with the Standard Bank valuesOwn and manage internal and external awareness, internal training and publishing collateral. Communicate solution updates, enhancements and market trends to client facing teams (Coverage, Sales, Implementation, Service) to enhance their solutioning capability across origination and client service efforts .QualificationsType of Qualification: First DegreeField of Study: Business Commerce -PreferredExperience RequiredSolutioning8-10 yearsDemonstrates knowledge of Derivatives Clearing. Assimilates and applies knowledge to identify, plan and solution for multiple clients8-10 yearsAdjusts approach to client need and context and articulates the benefits and future applications of Derivatives Clearing in an aspirational manner.8-10 yearsContributes to the development of client experience strategies and executes through bespoke client engagements. Partners with other providers to enhance and support the client experience.8-10 yearsUses and packages insights from the macro environment and relationships to better manage sustainable solutioning.8-10 yearsExperience in leading and managing people; coordinates and directs groups; developing talent.8-10 yearsChampions the simplification of Solutioning ways of working to enable better and faster client outcomes.8-10 yearsDemonstrate a track record of identifying and driving the implementation of alternative / multiple solutions across multiple markets contributing to market growth.8-10 yearsManage continuous improvement of internal solutioning system, address and guide team regarding trouble shooting, errors and liaise with IT Department in case of technical issues and enhancements, linked to operational requirements and compliance8-10 yearsMaster of core functional area knowledge and how it fits within the firm and competitive environment. Broad knowledge across multiple areas and business lines.8-10 yearsManage continuous improvement of internal solutioning system, address and guide team regarding trouble shooting, errors and liaise with IT Department in case of technical issues and enhancements, linked to operational requirements and compliance.8-10 yearsDrive and manage the display and understanding of the relevant legislation, regulations and solution requirements within relevant geographies.Additional InformationBehavioural Competencies:Challenging IdeasConvincing PeopleDeveloping StrategiesDirecting PeopleEmbracing ChangeExploring PossibilitiesGenerating IdeasMaking DecisionsProviding InsightsPursuing GoalsSeizing OpportunitiesUpholding StandardsTechnical Competencies:Business InsightsClient Business CaseOperational PlanningProduct DevelopmentProduct Knowledge (Trading, Transacting)Risk ManagementStakeholder ManagementStrategic Planning and ReportingStrategy Definition