Head, Innovation Job at Standard Bank Group - Career Opportunity in Kenya
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Vacancy title:
Head, Innovation

[ Type: FULL TIME , Industry: Banking , Category: Management ]

Jobs at:

Standard Bank Group

Deadline of this Job:
17 August 2020  

Duty Station:
Within Kenya , Nairobi , East Africa

Summary
Date Posted: Tuesday, August 04, 2020 , Base Salary: Not Disclosed


JOB DETAILS:
Standard Bank Group is the largest African banking group by assets offering a full range of banking and related financial services. "Africa is our home, we drive her growth” Our vision is to be the leading financial services organisation in, for and across Africa, delivering exceptional client experiences and superior value. This sets the primary goals and standard of excellence we intend to achieve in the medium term. With a heritage of over 150 years, we have an on-the-ground presence in 20 countries in sub‑Saharan Africa; fit-for-purpose representation outside Africa; and a strategic partnership with the Industrial and Commercial Bank of China (ICBC).
Job Purpose: This role is responsible for driving and management of the innovation process within Stanbic. This involves defining new technology and proposing innovation opportunities, verifying new business needs and translating these to demand, managing ongoing infrastructure improvement and innovation processes to ensure evolution of service that meets business needs and requirements. To develop new business innovation, adopting and applying both leading innovation methodology and emerging technologies to create new/alternative/disruptive business solutions that are commercial, viable and profitable and enable Stanbic Bank market competitiveness.  To lead and direct the development of the innovation strategy, within the bank, with the aim of simplifying delivery of the organisation to clients, including leading edge strategic solutions, coordination and execution. To drive and co-ordinate proposition development based on client needs and product expertise across the bank. .

Key Responsibilities/Accountabilities
• Develop strategy and manage business performance for solutions and innovation
• Contribute to the development of DTI strategies and drive execution and oversight, as a member of DTI Manco.
• Devise an implement solutions and innovations strategy for DTI and for the various customer segments.
• Provide strategic and operational leadership and be responsible for formulating the strategic direction of solutions and innovations within a specific sector and ensure the execution thereof in line with the business strategy.
• Set the strategic direction for solutions and innovation within a specific sector whilst aligning the objectives with overall Stanbic goals.
• Evaluate the external environment continuously and assess the impact on the Business Unit’s activities. Where required, discuss any changes which may result in an overall strategic impact with the Executive and thereafter make the agreed amendments to plans.
• Allocate resources across the business unit to ensure that strategic and tactical plans are enabled at all times.
• Communicate the strategy to the solutions and innovations team and ensure a deep understanding across the whole business.
• Investigate existing marketing and business practices and recommend opportunities to enhance revenues
• Ensure efficient and effective client value propositions and product innovation
• Deliver compelling and differentiated value propositions for clients that create sustainable competitive advantage.
• Define customer to ensure that propositions are properly targeted and results are measured.
• Utilise and interpret client data to maximise the opportunity for new sales and cross sales.
• Articulate the opportunities and define key product features to enable Product Heads to build or source the appropriate products.
• Ensure new products and innovation are prioritised and co-ordinated.
• Ensure an efficient and effective leadership and staffing process
• Manage the bank's contribution to external accelerator programs
• Advise senior management on technical strategy
• Manage proactive collaboration within the bank and external parties focused on the incubation of ideas through to proof of concepts, leading to the execution of innovative customer propositions


Knowledge/Technical Skills/Expertise
Behavioural Competencies
• Developing Strategies
• Generating Ideas
• Providing Insights
Interpreting Data • Convincing People
• Establishing Rapport
• Making Decisions
• Resolving Conflict
• Embracing Change
• Producing Outputs
• Upholding Standards
Technical Competencies
• Strategic Planning & Reporting
• Policy Development
• Scenario Development
• Project Administration Skills
• Product development


Preferred Qualification and Experience
• First Degree in Information Technology and Business Commerce.
• At least (8) years' relevant experience with more than three (3) served in a senior level in the financial services industry.
• Have proven success in executing complex programs and working with all levels of stakeholders from senior executives to individual contributors and possesses start-up, incubator, entrepreneurial, innovation experience and digital mind-set.
• Other Minimum Qualifications, certifications or professional memberships


Job Education Requirements: Not Specified


Job Education Experience: Not Specified


Work Hours: 8

 

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Job Info
Job Category: Management jobs in Kenya
Job Type: Full-time
Deadline of this Job: 17 August 2020
Duty Station: Nairobi
Posted: 04-08-2020
No of Jobs: 1
Start Publishing: 04-08-2020
Stop Publishing (Put date of 2030): 04-08-2065
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