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Product Portfolio Manager II
full-timeJohannesburg

Summary

Location

Johannesburg

Type

full-time

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About this role

Job Description

The Product Portfolio Manager for Transact Core is responsible for the strategic leadership, commercial performance, and lifecycle management of a large, complex portfolio within the organisation’s transaction-processing ecosystem. This role ensures that Transact Core products  deliver sustainable value, competitive differentiation, and operational excellence.

Are you someone who can:

1. Portfolio Strategy & Leadership

  • Develop and own the end-to-end portfolio strategy for Transact Core, including market positioning, growth opportunities, product evolution, and sunset planning.
  • Build multi-year roadmaps aligned with organisational priorities, regulatory requirements, and technology modernisation strategies.
  • Drive portfolio governance, ensuring alignment with enterprise architecture, risk frameworks, and financial objectives.

2. Product Lifecycle & Execution

  • Oversee the full product lifecycle—from concept to delivery to optimisation—across all Transact Core products.
  • Prioritise the product backlog at portfolio level, balancing customer needs, technical requirements, and commercial impact.
  • Work closely with Product Owners and Agile teams to ensure successful execution of roadmap objectives.

3. Commercial & Financial Ownership

  • Own the P&L for the Transact Core portfolio, ensuring revenue growth, cost control, and profitability.
  • Develop business cases for new investments, platform enhancements, or market expansion.
  • Identify commercial opportunities such as new transaction capabilities, improved pricing models, and product bundling.

4. Stakeholder Management

  • Engage internal and external stakeholders, including banks, merchants, fintech partners, issuers, and regulatory bodies, depending on the organisation’s ecosystem.
  • Provide clear and consistent communication on portfolio performance, risks, and strategic direction.
  • Influence senior leadership using data-driven insights and strategic recommendations.

5. Risk, Compliance & Operational Excellence

  • Ensure products comply with regulatory, security, and data governance requirements relevant to payments and transactional systems.
  • Monitor operational performance (availability, throughput, resilience) for mission-critical transaction services.
  • Drive initiatives for platform stability, scalability, and technical modernisation.

6. Market & Competitive Intelligence

  • Analyse market trends, emerging technologies (e.g., ISO 20022, real-time payments, AI-enabled fraud detection), and competitive offerings.
  • Identify customer needs and translate insights into product and portfolio opportunities.

The ideal candidate will have:

  • Bachelor’s degree in Business, IT, Engineering, Finance, or related field (CA(SA) an advantage).
  • 5+ years in product management, portfolio management, payments, or core transactional systems.
  • Experience managing large, complex product ecosystems within banking, fintech, or payments.
  • Proven track record in leading multi-year roadmaps and driving commercial outcomes.

Behavioural Competencies

  • Strategic thinker with strong execution discipline.
  • Excellent stakeholder and leadership skills; able to influence at executive level.
  • Strong analytical, financial, and decision-making capabilities.
  • Adaptable, collaborative, and comfortable operating in high-complexity environments.

You will have access to:

  • Opportunities to network and collaborate
  • A challenging working environment
  • Opportunities to innovate

We can be a match if you are:

  • Adaptable and curious
  • Analyse complex data sets
  • Thrive in a collaborative environment

Job Details

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

05/02/26

All appointments will be made in line with FirstRand Group’s Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.

Other facts

Tech stack
Portfolio Strategy,Product Lifecycle,Commercial Ownership,Stakeholder Management,Risk Management,Compliance,Operational Excellence,Market Intelligence,Analytical Skills,Financial Skills,Decision Making,Leadership Skills,Strategic Thinking,Collaboration,Adaptability,Execution Discipline

About FirstRand Bank India

FirstRand Bank India is a licensed financial services provider in India and a fully-fledged branch of FirstRand Bank Limited South Africa. The bank opened its doors for trade in 2009 after being granted a full-scale commercial banking license. Based in Mumbai, FirstRand Bank India is a member of the Indian banking fraternity - offering banking services to its clients active in the Indo-African corridor and within
India across corporate banking, investment banking, fixed income, currency and commodity products, and structured products.

Team size: 51-200 employees
LinkedIn: Visit
Industry: Banking
Founding Year: 2008

What you'll do

  • The Product Portfolio Manager is responsible for the strategic leadership and lifecycle management of the Transact Core portfolio. This includes overseeing product execution, commercial performance, and ensuring compliance with regulatory requirements.

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Frequently Asked Questions

What does a Product Portfolio Manager II do at FirstRand Bank India?

As a Product Portfolio Manager II at FirstRand Bank India, you will: the Product Portfolio Manager is responsible for the strategic leadership and lifecycle management of the Transact Core portfolio. This includes overseeing product execution, commercial performance, and ensuring compliance with regulatory requirements..

Why join FirstRand Bank India as a Product Portfolio Manager II?

FirstRand Bank India is a leading Banking company.

Is the Product Portfolio Manager II position at FirstRand Bank India remote?

The Product Portfolio Manager II position at FirstRand Bank India is based in Johannesburg, Gauteng, South Africa. Contact the company through Clera for specific work arrangement details.

How do I apply for the Product Portfolio Manager II position at FirstRand Bank India?

You can apply for the Product Portfolio Manager II position at FirstRand Bank India 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 FirstRand Bank India on their website.