Title:  Divisional Executive: Deposit Solutions

Job Family

Transactional Services

Leadership Pipeline

Manage Business

Job Purpose

To provide executive leadership and end-to-end accountability for the Deposit Solutions franchise, setting and executing the strategy to grow and optimise deposits across CIB and deliver integrated deposit and liquidity solutions that create sustainable value for clients and Nedbank. 

The role provides strategic and commercial leadership across deposit product management and product sales; strengthens deposit mobilisation and portfolio performance; and drives effective alignment across Transactional Services, Treasury and client-facing businesses. The role is accountable for sustainable financial performance, product competitiveness, governance, risk and control, transformation and organisational capability.

Job Responsibilities

Deposit Franchise Strategy and Enterprise Direction

• Set, own and steward the Deposit Solutions strategy, market positioning and operating model in alignment with Transactional Services, CIB and Nedbank strategic objectives.
• Establish a coherent CIB deposit strategy across transactional and non-transactional deposit opportunities.
• Anticipate client, market, competitor and regulatory developments and translate these into strategic portfolio priorities.
• Drive sustainable deposit mobilisation and strengthen Nedbank's market position through compelling and differentiated deposit propositions.
• Align deposit priorities to broader client, liquidity, funding and balance-sheet objectives. 

Divisional and Executive Leadership

• Provide executive leadership across the Deposit Solutions franchise and create alignment between product, product sales and relevant stakeholder functions.
• Integrate strategic, commercial, client, operational, risk and organisational priorities to deliver sustainable franchise outcomes.
• Establish clear accountability for collective Deposit Solutions performance rather than isolated product or functional outcomes.
• Build leadership capability and succession pipelines across the franchise.
• Contribute to broader Transactional Services and enterprise priorities through effective executive collaboration and decision-making. 

Commercial, Portfolio and Resource Management

• Hold accountability for the financial and commercial performance of the Deposit Solutions franchise, including sustainable revenue growth, profitability and efficiency outcomes.
• Drive deposit growth and portfolio optimisation while balancing client value, pricing and broader commercial objectives.
• Make strategic portfolio choices and allocate investment, capacity and resources in support of agreed priorities.
• Establish disciplined performance management across deposit products and product-sales activities.
• Identify opportunities to strengthen client penetration, portfolio value, competitiveness and sustainable franchise growth.

Product, Innovation and Strategic Transformation

• Provide executive oversight of the Deposit Solutions product portfolio and lifecycle.
• Drive market-led product development and enhancement in response to evolving client needs.
• Sponsor digitisation, innovation, automation and data-led initiatives that strengthen client experience, scalability and commercial performance.
• Drive modernisation of deposit journeys and propositions to strengthen the competitiveness and resilience of the franchise.
• Oversee product investment prioritisation and benefits realisation.

Product Sales and Client Value

• Set the strategic direction for deposit-led sales opportunities and ensure effective integration between product and product-sales activities.
• Drive coordinated execution across Deposit Solutions, Transactional Banking Sales and other relevant client-facing teams.
• Ensure deposit propositions are effectively positioned within broader client strategies and solutions.
• Strengthen the delivery of integrated deposit and liquidity propositions that respond to client needs.
• Build appropriate senior-client relationships and provide executive sponsorship for strategic deposit opportunities.

Job Responsibilities Continue

Treasury and Strategic Stakeholder Alignment

• Maintain strong strategic alignment with Treasury and other relevant stakeholders where deposit strategy intersects with liquidity and funding priorities.
• Establish effective governance and decision-making interfaces across Deposit Solutions and Treasury.
• Ensure appropriate consideration of liquidity and funding requirements in deposit portfolio decisions.
• Build influential relationships across Transactional Services, Treasury, Coverage, Finance, Risk, Operations, Technology and other relevant functions.
• Represent Deposit Solutions in appropriate executive, governance and strategic forums.

Governance, Risk, Conduct and Control Oversight

• Set and oversee appropriate risk appetite for the Deposit Solutions franchise within enterprise parameters.
• Provide executive oversight of governance, regulatory, conduct, operational and control outcome, including presentation/participation at NPAs.
• Ensure products and related activities operate within approved governance and regulatory frameworks.
• Establish clear accountability for effective controls and timely remediation of material issues.
• Maintain resilient product operations that protect clients and Nedbank while supporting sustainable commercial growth.

People, Transformation and Organisational Capability

• Build and lead a high-performing Deposit Solutions franchise with clear accountability for strategic, client and commercial outcomes.
• Build organisational capability aligned to the future requirements of the deposits business.
• Attract, develop and retain critical product, commercial and leadership capability.
• Build succession depth and develop future leaders across the franchise.
• Create a culture of client focus, innovation, collaboration, commercial accountability and disciplined execution.
• Advance Nedbank's transformation objectives through effective talent and organisational leadership.

Strategic Execution, Modernisation and Franchise Performance

• Deposit Economics and Growth: Drive measurable growth in deposit balances, operational deposits, liquidity value, NII, NIR, headline earnings, returns and client wallet share.
• Strategic Modernisation: Sponsor core banking and cash-management modernisation, legacy migration and decommissioning, ensuring client continuity, financial integrity and operational resilience.
• Treasury Management Solutions: Set direction and sponsor TMS investment and scaling to deepen client penetration, retain and mobilise deposits, and grow fee income.
• Commercialisation and Adoption: Establish disciplined segmentation, pricing, sales enablement and go-to-market execution that converts product investment into adoption and sustainable returns.
• Portfolio Health and Client Outcomes: Oversee utilisation, digital adoption, client experience, service reliability and control effectiveness, using insights to guide portfolio priorities.
• Product Governance and Financial Integrity: Oversee pricing, interest, liquidity and regulatory-data integrity, ensuring material product changes and migrations meet governance and control requirements.
• Execution and Benefits Realisation: Establish clear decision rights, accountable owners and delivery milestones, intervening where risks or dependencies threaten strategic outcomes and investment benefits.

Essential Qualifications

• Professional Qualifications/Honour’s Degree (Commercial, Legal/Sciences/Accounting) 
• Masters Degree

Preferred Qualification

CA(SA)/MBA/CFA/Relevant Postgraduate Qualification

Minimum Experience Level

• Minimum of 10–12 years' experience in product leadership, banking, transactional banking, deposits, liquidity, commercial management, financial services or a related environment, including senior leadership accountability within a complex and regulated environment.
• Demonstrated experience in strategy development and execution, commercial and financial management, stakeholder leadership, risk and governance and leading complex organisational outcomes.

Technical / Professional Knowledge

• Product Strategy 
• Product Management
• Commercial Leadership
• Business Strategy
• Stakeholder Engagement
• Thought Leadership
• Customer Value Proposition
• Digital Transformation
• Innovation Management
• Budget Management
• Governance
• Risk Management

Behavioural Competencies

• Strategic Thinking
• Commercial Acumen
• Building Organisational Talent
• Building Partnerships
• Building Strategic Relationships
• Client Focus
• Driving Innovation
• Executive Presence

Employment Equity Statement

Preference to be given to under-represented groups.