Manager, Product Economics (1 Of 2)

Job Description

Job Details Standard Bank is the largest bank in Africa and our highly visible brand, award-winning service, and strong global presence helps us maintain our market-leading position. We place huge value on the talent of our people to drive our continued success, and to support our plans for growth. We now need a talented and resourceful individual to help us fulfil our business objectives and build customer loyalty.Job PurposeTo prepare appropriate models, insights and analytics to drive the business based on customer needs and behaviour, whilst actively driving sales and revenue.Measure the viability of products, features and solutions.To provide predictive analysis based on historic view of trends across the business (e.g., analysing transactional data and its impact on acquisition).Key Responsibilities/AccountabilitiesBuild routine dashboards to actively manage the product health and metrics.Investigate revenue leakage, revenue optimisation, revenue mix and performance metrics.Engage squads to understand and deliver market share trends and leading/lagging indicators supporting the teams in identifying opportunities or threats.Build tools for tracking and forecasting of activation / retention, closures and dormancy rates, and influencing responsible functions by provision of relevant insights.Provide supporting data, analytics and insights to ensure the creation of the applicable tools to track actual product performance for guidance on the tactical implementation to deliver the desired results in the front line and drive lowest cost of delivery for product strategy.Rapidly prototypes hypothesis and utilises approved optimisation algorithms, simulation and modeling and advanced forecasting tools and techniques to model complex business problems and predicts ecosystem value creating future outcomes and associated risks.Applies data mining, quantitative analysis and statistical models to pro-actively reveal insights into shipping patterns and enable operations and client management teams to respond more quickly and holistically to unplanned events.

Responsibilities + Skills


3-year B.Comm degree (i.e. Engineering, Economics, Mathematics, Statistics, etc.)Post-graduate degree (Honours or Masters) is an advantage


3 4 years experience in modelling applications and data analysis

Job Summary

  • Published on: Wednesday, 4th November 2020
  • Designation: Economics
  • industry: Finance
  • Vacancy: 1
  • Employment Status: Full-time
  • Job Location: Johannesburg
  • Salary: 0
  • Gender:
  • Application Deadline: Wednesday, 4th November 2020

About the Company

  • Company Name: Standard Bank Group.
  • Address: 9th Floor 011 636 9111/2 SBZAZAJJ Standard Bank Centre 5 Simmonds Street Johannesburg 2001 P O Box 7725
  • Website:
  • Company Profile:
  • To provide design and build decision agents and Credit process requirements for all Personal and Business products across the risk lifecycle for a particular stream (i.e. origination, account management and collections - to be customised per jobholder). This includes the process design of the end-to-end solution and working closely with appropriate Architectures (e.g., IT, Credit, Business, Data, etc.) to formulate sustainable strategic solutions.

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