Senior Manager: Payment Operations | Absa Group Limited
Job Location : Gauteng, Johannesburg
Deadline : January 09, 2026
About the Role
This high-RPM financial role manages payment processing data and ensures 100% compliance with national and international banking regulations. Utilizing SAP for financial orchestration and ServiceNow for incident management, the manager mitigates operational risk in high-volume transaction lifecycles. Their leadership leverages data-driven diagnostics to optimize settlement efficiency and ensures the technical reliability of the group’s national payment infrastructure.
Job Description
Strategic EVP
- As Senior Manager: Payments Operations & Strategy, you will:
- Lead industry-defining initiatives that transform customer payment experiences and deliver measurable business outcomes.
- Collaborate with high-performing teams across Group Payments, Technology, Product, and Strategy to design and scale integrated, modern payment solutions.
- Unlock commercial value by growing transaction volume and value, expanding payments VAS (value-added services), and influencing executive forums (e.g., Payments Council).
- Shape domestic and cross-border payment propositions for PPB and pan-African markets
- Transform at scale, from PayShap and RTC to wallets, ISO 20022 modernization, tokenization, SWIFT, Remittance cross-border modernization and emerging platforms such as Payments-as-a-Service,
- Elevate PPB’s leadership position across South Africa and pan-African markets through ecosystem partnerships and thought leadership.
Strategic Impact Areas
- Commercial Growth: Drive sustained increases in P2P transaction volume and value; develop scalable propositions and pricing that expand revenue.
- Customer-Centric Innovation: Remove friction, reduce failure and dispute rates, and deliver seamless experiences across PayShap, RTC, wallets, card, and EFT.
- Scalability & Delivery Excellence: Ensure PPB’s payment capabilities are built for scale and reuse across channels, segments, and countries.
- Industry Leadership: Shape key themes in the payments ecosystem and influence decision-making in strategic forums and external industry bodies.
Key Responsibilities
- Payments Strategy & Ecosystem Leadership
- Define and execute PPB’s P2P payments strategy aligned to growth objectives and customer needs.
- Partner with Group Payments, Product Owners, Digital Technology, Integrated Channels, Business Banking, and Rest of Africa to deliver integrated, scalable payment solutions.
- Identify industry trends and lead the implementation of strategic initiatives that position PPB competitively.
- Commercial Growth & Value-Added Services (Strategic Influence)
- Influence strategic priorities by partnering with Product Owners and Business Heads to embed payments as a core driver of PPB’s growth agenda.
- Shape commercial strategies that unlock new revenue streams through differentiated VAS (wallets, bill-pay, prepaid, loyalty) and compelling customer propositions.
- Lead executive-level conversations to position payments as a CX and profitability differentiator, ensuring alignment of BOW(payment projects) strategic change investments to high-impact opportunities.
- Champion scalability of payment solutions across PPB and pan-African markets in collaboration with Group and Integrated Channels.
- Identify and close ecosystem gaps that limit commercial potential; mobilize partnerships and technology to deliver end-to-end solutions.
- Govern prioritization frameworks for payments initiatives to direct resources to the highest-value outcomes.
Qualifications & Experience
- Bachelor’s degree in finance, Economics, Technology, Information Systems, or related field; postgraduate qualification advantageous.
- 8–10+ years in payments, banking, or fintech, with proven delivery across P2P, SWIFT, Remittance, PayShap, RTC, wallets, EFT, and card ecosystems.
- Demonstrated ability to translate strategy into measurable commercial outcomes (volume, value, revenue, adoption).
Education
- Bachelor’s Degree: Information Technology
End Date: January 9, 2026
Career Growth & Education
A Bachelor’s degree in Finance, Business Management, or Information Systems is mandatory, with growth supported by a Master’s degree or professional certifications like CIPP. Career progression leads toward Head of Operations or Chief Operating Officer roles by mastering digital financial transformation. Participating in specialized bootcamps in AI-driven finance and obtaining global banking certifications provides a pathway to senior leadership in international banking.
Salary & Financial Insight
Estimated monthly salaries range from R85,000 to R155,000, plus performance-linked bonuses and banking benefits. High-income managers should prioritize professional wealth management and offshore investment diversification to protect their long-term capital growth effectively.
Interested and Qualified candidates should Click here to Apply Now
Disclaimer: MRjobs.co.za is not an employer and does not directly offer jobs. We share available opportunities from verified sources to help job seekers. Please do your due diligence before applying. We are not responsible for any transactions, interviews, or outcomes from third-party employers.
