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Senior Specialist: Product Development
full-timeJohannesburg

Summary

Location

Johannesburg

Type

full-time

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About this role

Empowering Africa’s tomorrow, together…one story at a time.

With over 100 years of rich history and strongly positioned as a local bank with regional and international expertise, a career with our family offers the opportunity to be part of this exciting growth journey, to reset our future and shape our destiny as a proudly African group.

Job Summary

To define, lead, and embed best‑practice product development across Value‑Added Services and Domestic Payments by providing strategic guidance, specialist expertise, and continuous improvement tactics that enable the delivery of innovative, compliant, and commercially impactful products.

Job Description

Product Strategy & Innovation

  • Build and maintain a prioritised product innovation pipeline aligned to customer needs, commercial potential, and regulatory trends.

  • Translate insights into clear problem statements, hypotheses, and product opportunities, ensuring alignment to strategic objectives.

2. Product Development & Change Delivery

  • Lead the end‑to‑end product development lifecycle, from discovery and business case development to design, build, testing, and go‑to‑market.

  • Plan and manage ongoing product enhancements, investments, and feature changes, ensuring timely delivery and cross‑functional readiness.

  • Partner closely with the Change team, Technology Design, Operations, Legal, Compliance, and Finance to deliver high‑quality, scalable solutions.

3. Stakeholder & Partner Management (unchanged)

  • Build and maintain strong internal and external stakeholder relationships across the bank, industry bodies, regulators, and ecosystem partners.

  • Ensure proactive communication of product direction, risks, timelines, and changes to all relevant forums.

  • Represent the product domain in internal governance structures and external working groups within the payments and VAS ecosystem.

4. Product Performance Management

  • Use data and insights to drive continuous optimisation of product performance, pricing, and operational efficiency.

  • Identify underperforming areas and initiate corrective action or product lifecycle decisions (enhance, retire, consolidate).

5. Risk, Compliance & Control Management

  • Ensure all products comply with regulatory, legal, compliance, and risk management requirements relevant to VAS and domestic payments.

  • Provide clear guidance to teams on compliance implications and ensure that control design, MCA/RCSA evidence, and audit outcomes are embedded in product processes.

  • Proactively identify and manage product risks, ensuring timely remediation and issue closure.

Education

Bachelor`s Degrees and Advanced Diplomas: Business, Commerce and Management Studies (Required)

Absa Bank Limited is an equal opportunity, affirmative action employer. In compliance with the Employment Equity Act 55 of 1998, preference will be given to suitable candidates from designated groups whose appointments will contribute towards achievement of equitable demographic representation of our workforce profile and add to the diversity of the Bank.

Absa Bank Limited reserves the right not to make an appointment to the post as advertised

Other facts

Tech stack
Product Development,Stakeholder Management,Risk Management,Compliance,Data Analysis,Product Strategy,Innovation,Change Management,Operational Efficiency,Business Case Development,Cross-Functional Collaboration,Performance Management,Regulatory Compliance,Continuous Improvement,Market Research,Problem Solving

About Absa Group

Absa Group Limited (Absa) has forged a new way of getting things done, driven by bravery and passion, with the readiness to realise growth on the African continent and beyond.

We’re a truly African brand, inspired by the people we serve in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda, and Zambia. We also have representative offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic.

Team size: 10,001+ employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 2018

What you'll do

  • The Senior Specialist in Product Development will lead the product development lifecycle, ensuring alignment with strategic objectives and managing ongoing product enhancements. This role involves building strong relationships with stakeholders and ensuring compliance with regulatory requirements.

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Frequently Asked Questions

What does a Senior Specialist: Product Development do at Absa Group?

As a Senior Specialist: Product Development at Absa Group, you will: the Senior Specialist in Product Development will lead the product development lifecycle, ensuring alignment with strategic objectives and managing ongoing product enhancements. This role involves building strong relationships with stakeholders and ensuring compliance with regulatory requirements..

Why join Absa Group as a Senior Specialist: Product Development?

Absa Group is a leading Financial Services company.

Is the Senior Specialist: Product Development position at Absa Group remote?

The Senior Specialist: Product Development position at Absa Group is based in Johannesburg, Gauteng, South Africa. Contact the company through Clera for specific work arrangement details.

How do I apply for the Senior Specialist: Product Development position at Absa Group?

You can apply for the Senior Specialist: Product Development position at Absa Group directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Absa Group on their website.