Product Development Lead – Private Banking (East London)

Job Description

FNB is looking for an experienced, strategic thinker to join our Private Banking & Advisory Team in East London as a Product Development Lead. In this full-time role, you’ll drive the development and execution of high-impact product strategies that align with business goals, enhance client experience, and support revenue growth.

This is a unique opportunity to influence key decisions within one of South Africa’s most trusted financial institutions, where innovation, leadership, and adaptability are celebrated.

📍 Location: East London
🕒 Type: Full-Time
📅 Closing Date: June 29, 2025
📁 Job Requisition ID: R26986
📆 Posted: 7 Days Ago

The Role

As the Product Development Lead, your key responsibilities will include:

• Leading the formulation and implementation of product development strategies within Private Banking.

• Achieving revenue targets through client growth and new acquisitions.

• Ensuring efficient cost management and meeting Cost-to-Income (CTI) ratio targets.

• Promoting a client-focused service culture that supports long-term relationship building.

• Managing key stakeholder relationships, including clients, SMEs, project managers, and executives.

• Advising on target setting and contributing to budget planning and presentations.

• Keeping expert-level knowledge of relevant products, pricing structures, and processing requirements.

• Driving performance and alignment across business channels.

Requirements

To be successful in this role, you must have:

• 8–10 years’ experience in banking, wealth management, investment, or financial planning.

• At least 4 years in a leadership or strategic role.

• A completed NQF Level 8 qualification, such as:

  • Postgraduate Diploma in Financial Planning

  • BCom Honours in Investment or Risk Management

• FAIS compliant with RE5 and RE1 certifications (advantageous).

• A clear credit record (required under the National Credit Act).

You’re a great fit if you:

• Excel at leading cross-functional teams and building stakeholder trust.

• Think strategically while staying hands-on with execution.

• Have a strong commercial focus and a passion for innovation.

• Are driven by results and skilled in budget and cost management.

• Thrive in fast-paced, high-performance environments.

• Understand how to align product development with client needs and business growth.

Why Join FNB?

• Work in a culture that values curiosity, inclusion, and continuous improvement.

• Collaborate with some of the brightest minds in banking and product innovation.

• Lead meaningful change that directly impacts customers and business success.

• Access opportunities for leadership growth and personal development.

Employment Equity Statement

FNB is an equal opportunity employer. All appointments are made in line with the FirstRand Group’s Employment Equity plan. We support the growth and inclusion of individuals with disabilities. Voluntary disclosure of disability status is encouraged and will be kept confidential unless disclosure is required by law.