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Product Manager - Personal Finance (Personal Loans)

Employer
Cash Converters SA
Location
Midrand Midrand, 2000 North Johannesburg, South Africa
Salary
Competitive
Closing date
Nov 3, 2024
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Job Role
Manager
Sector
Finance
Contract Type
Permanent
Hours
Full Time
Introduction
Cash Converters Personal Finance requires the support of a strong Product Manager to assist the efforts of the broader Cash Converters Personal Finance Team. This role reports to the CEO of Cash Converters Personal Finance. The position is office based at the Gauteng Head Office and national travel is a significant requirement.
Duties & Responsibilities
The main objective of Cash Converters Personal Finance is to provide wholesale cash to the network of stores ensuring that a store is never short of operating capital. Cash Converters Personal Finance provides a suite of software applications, products and services which facilitate access to wholesale cash, enabling our Franchisees to trade without cash flow challenges. The express purpose of this role is to drive volume across the Cash Converters Personal Finance suite of products and in doing so promote the use of Cash Converters Capital to fund transactions.

The Internal Stakeholders are identified as:
  • Cash Converters SA
  • Cash Converters Advertising
  • Cash Converters SA Franchise Sales
  • Cashies Investments
  • True North One
  • True North Franchising
  • True Accounting

The External Stakeholders are identified as:
  • National Credit Regulator
  • First National Bank
  • Micro Finance South Africa
  • Franchisee's
  • Third Party Service Providers
    • AmpliFin
    • Deis Tech
    • Universal Insurance Administrators
    • XDS
    • External Debt Collectors panel

Main Roles and Responsibilities
  • Assist with strategic direction, in the wholesale funding space, for the Group.
  • Assist with delivery of the strategic objectives annually.
  • Assist with preparation and delivery of the annual Budget for Cash Converters Personal Finance.
  • Assist with the development of new products and services.
  • Monitor, maintain and enhance an effective funding strategy for the Group.
  • Manage, coordinate and control the daily activities relating to funding of the suite of products offered by Cash Converters Personal Finance.
  • Provide training, development and supervision to guide, motivate and retain staff.
  • Maintain collaboration and integration with all other departments within the Group.
  • Manage the performance of and relationships with all strategic alliance partners.
  • Manage the performance of and relationships with all Franchisees and the Network of Stores.
  • Drive volume in the suite of products offered by Cash Converters Personal Finance.
Desired Experience & Qualification
A bachelor's degree or higher in commerce or a related field.

Experience in
  • Accounting/Business Finance
  • Risk management and Collections
  • New product development
  • Unsecured short-term lending (advantageous)
  • Marketing and sales
Package & Remuneration
Negotiable based on experience

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