Location: Midrand
Role purpose:
- An exciting opportunity exists within an innovative Fintech team who serve the Small and Medium Enterprises (SME) industry.
- Manage Business Term Advance product day to day to deliver product performance and profitability.
- Collaborate with cross-functional teams spanning Marketing, Sales, IT, and CX to scale the product so that the year-on-year growth targets are achieved.
- Own the execution of the Unsecured Business Lending marketplace.
- Create new products and features to enhance the business value proposition and to ensure requisite scale is achieved.
- Identify and manage potential third-party product partners and negotiate commercial positions with them.
- Provide insights to the broader team around innovation and developments within the Business Lending and Fintech industry, and setup business cases for evaluation on new ideas.
- Daily, weekly and monthly product performance reports and presentations to senior and executive management
- Prior Business Lending product design and development experience is essential
- A detailed knowledge understanding of a the fast-paced fintech lending industry is essential
- Understanding of regulatory requirements essential
- Experience in building, launching and rapidly scaling SME lending products, ideally in a Fintech environment
- Matric essential
- Relevant 3- or 4-year Business degree essential
- Minimum of 8 years experience within the Product development essential
- Fintech or Business Lending experience preferred
- Key performance indicators
- Business Lending Advances (disbursements)
- Revenue Yield/Profitability
- Effectiveness of marketing spend (including effective allocation of marketing budgets to maximise returns)
