Where

Chief Operating Officer

R 125 000 - R 166 667 a month
Hire Resolve
Durban Full-day Full-time

Description:

Hire Resolve is seeking a highly skilled and experienced Chief Operating Officer (COO) on behalf of our client, a well-established bank based in Durban . This is a strategic leadership role responsible for driving operational excellence, business growth, and digital transformation across multiple banking divisions. The ideal candidate will have a strong background in banking, financial management, and strategic planning, with a proven track record in executive leadership.


Responsibilities

Strategic Development & Execution

  • Drive the development and execution of business strategy in line with organizational goals.
  • Provide insights on market trends, regulatory changes, and business opportunities.
  • Influence strategic and operational policies to enhance efficiency and profitability.

Operational Excellence & Financial Performance

  • Lead key business functions to ensure efficiency, profitability, and sustainability.
  • Monitor financial budgets to ensure cost-effectiveness and profitability.
  • Oversee credit approvals, risk management, and capital adequacy planning.

Business Growth & Customer Engagement

  • Develop and implement corporate and retail banking strategies for revenue growth.
  • Build and maintain strong relationships with clients and stakeholders.
  • Spearhead product and service innovation to enhance customer satisfaction.

Digitalisation

  • Oversee delivery of key projects, including:
    • Corporate Banking
    • TB Account Opening
    • Investment Account Opening
    • Finance Portal Integration & Decisioning
  • Ensure the execution of digital transformation projects related to new products and customer needs.

Risk & Change Management

  • Identify and mitigate operational and reputational risks.
  • Lead change management initiatives for seamless business transformation.

Leadership & Talent Development

  • Build and mentor a high-performing team, fostering excellence and accountability.
  • Drive succession planning and leadership development initiatives.
  • Promote a strong governance culture.

Business Representation

  • Represent the Bank at board meetings, industry forums, and strategic events.
  • Participate in local and international research and development initiatives.

Requirements
  • Chartered Accountant (CA) or equivalent postgraduate degree
  • BCom Honours or similar
  • Project management certification
  • MBA (advantageous)
  • At least 10 years in banking, specializing in financial/management accounting
  • At least 5 years at senior management or executive level
  • Core Banking Systems
  • Microsoft Office & Report Writing Applications
  • Budgeting Processes
  • Strategic and Business Planning
  • Treasury Management
  • Corporate Governance, Banks Act & Regulations
  • Risk Management Procedures
  • Information Systems & Financial Systems

Benefits
  • Market-related salary
  • Contact Hire Resolve for your next career-changing move today

    • Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
    • You can also visit the Hire Resolve website: hireresolve.us or email us your CV: gustav.vogel@hireresolve.us
    • Please use " Chief Operating Officer" as your subject line when applying via email

    We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise


Requirements:

  • Drive the development and execution of business strategy in line with organizational goals.
  • Provide insights on market trends, regulatory changes, and business opportunities.
  • Influence strategic and operational policies to enhance efficiency and profitability.
  • Lead key business functions to ensure efficiency, profitability, and sustainability.
  • Monitor financial budgets to ensure cost-effectiveness and profitability.
  • Oversee credit approvals, risk management, and capital adequacy planning.
  • Develop and implement corporate and retail banking strategies for revenue growth.
  • Build and maintain strong relationships with clients and stakeholders.
  • Spearhead product and service innovation to enhance customer satisfaction.
  • Oversee delivery of key projects, including:
    • Corporate Banking
    • TB Account Opening
    • Investment Account Opening
    • Finance Portal Integration & Decisioning
  • Ensure the execution of digital transformation projects related to new products and customer needs.
  • Corporate Banking
  • TB Account Opening
  • Investment Account Opening
  • Finance Portal Integration & Decisioning
  • Identify and mitigate operational and reputational risks.
  • Lead change management initiatives for seamless business transformation.
  • Build and mentor a high-performing team, fostering excellence and accountability.
  • Drive succession planning and leadership development initiatives.
  • Promote a strong governance culture.
  • Represent the Bank at board meetings, industry forums, and strategic events.
  • Participate in local and international research and development initiatives.
  • Chartered Accountant (CA) or equivalent postgraduate degree
  • BCom Honours or similar
  • Project management certification
  • MBA (advantageous)
  • At least 10 years in banking, specializing in financial/management accounting
  • At least 5 years at senior management or executive level
  • Core Banking Systems
  • Microsoft Office & Report Writing Applications
  • Budgeting Processes
  • Strategic and Business Planning
  • Treasury Management
  • Corporate Governance, Banks Act & Regulations
  • Risk Management Procedures
  • Information Systems & Financial Systems
  • Market-related salary
  • Contact Hire Resolve for your next career-changing move today

    • Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
    • You can also visit the Hire Resolve website: hireresolve.us or email us your CV: gustav.vogel@hireresolve.us
    • Please use " Chief Operating Officer" as your subject line when applying via email

    We will contact you telephonically in 3 days should you be suitable for this vacancy. If you are not suitable, we will put your CV on file and contact you regarding any future vacancies that arise

  • Apply for this role today, contact Gustav Vogel at Hire Resolve or on LinkedIn
  • You can also visit the Hire Resolve website: hireresolve.us or email us your CV: gustav.vogel@hireresolve.us
  • Please use " Chief Operating Officer" as your subject line when applying via email
13 Mar 2025;   from: careers24.com

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