Closing Date 2021/03/03
Reference Number DBS210211-2
Job Title Strategist (Midrand)
Job Grade 16
Job Type Classification Permanent
Location - Town / City Midrand
Location - Province Gauteng
Location - Country South Africa
JOB DESCRIPTION
The Strategist is required to facilitate the development and implementation of the DBSA strategy, corporate plan including the balanced scorecard and Divisional Plans in line with the organisation’s vision and goals as well as provide detailed and accurate reporting on the strategies within the Bank.
Participate in the Corporate Strategy Formulation and Management
1. Develop the DBSA strategy, shareholder’s compact and corporate plan in line with the organisational vision and goals.
2. Develop key strategic initiatives in collaboration with all Divisions.
3. Propose additional service delivery mandates to be executed by DBSA, facilitate and filter requests for additional development activities from Government.
4. Facilitate the identification of new growth areas for DBSA.
5. Participate in general strategy formulation debates and draw conclusions necessary to influence the Bank’s decision-making process.
6. Provide strategy input and support to the Head: Corporate Strategy with regard to key strategic initiatives.
To provide support in terms of the facilitation and development of the Annual Corporate Plan
1. Support and communicate Corporate Balanced Scorecard (BSC) development including development of key performance indicators and targets.
2. Conduct and facilitate the presentation of Corporate BSC to stakeholders.
3. Recommend and implement the improvement of relevant tools and instruments for monitoring and measuring strategic implementation across the Bank’s various divisions/units including risk areas through liaising with divisions.
4. Provide inputs and advisory support to the various DBSA Divisions on the development of the Corporate BSC, including targets and the cascading thereof.
5. Submission of the strategy to the Board for deliberation, evaluation and approval.
6. Review the BSC mid-year in terms of performance and submit proposals to Board regarding deliverables and their possible amendment/expansion.
7. Preparation and presentation of the Corporate Performance reports to stakeholders (internal and external).
KEY RESPONSIBILITIES
Key Measurements of Outputs
1. Quality of the Shareholder Compact, Corporate Plan and BSC and alignment to DBSA mandate and direction
2. Quality of the annual strategic planning process, including engagement with stakeholders
3. Quality of presentations and reports.
4. Successful execution of strategic initiatives and projects
5. Clean audit in respect of corporate and divisional performance
6. Produce relevant content, accurate and reliable information for all reports/presentations and in response to stakeholder requests
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MINIMUM REQUIREMENTS
1. A post graduate degree with finance, strategy planning and organisation development subjects as a preference.
2. At least three-five year’s work experience within strategy role/function.
3. Exposure to development finance or wholesale banking in a similar role would be advantageous.
4. Strong and proven foundation in economics and/or accounting/finance including financial budgeting and forecasting.
5. Understanding and exposure to Balanced Scorecard configuration and reviews, strategic project management and strategy planning.
6. Experience with report writing
7. Familiar with governance processes Companies Act, PFMA, King IV, etc
EXPERTISE & TECHNICAL COMPETENCIES
TECHNICAL
Written & Verbal Communication
1. Understands that different writing styles are required for different documents or audiences.
2. Write effective correspondence, prepares questions and reports, statements of circumstance and briefing notes.
3. Reviews others’ documents for clarity and impact.
1) Able to understand topic switches and use vocabulary of attitudes.
2) Reasonably fluent in speaking.
3) Able to communicate complex problems or concepts, by making them simple and understandable for others.
Reporting
1. Prepares complex or tailored reports, gathers information from a variety of sources, analyses and includes in a report.
2. Keeps standard reports under review and proposes improvements to meet user needs.
Problem Solving
1. Identifies complex problems based on a broad range of factors, many of which are ambiguous or difficult to define.
2. While remaining guided by organisational values, identifies optimal solutions, thinking first in terms of possible approaches and flexibilities in the system vs. blind adherence to rules or procedures.
3. Implements solutions to complex problems, then evaluates the effectiveness and efficiency of solutions and identifies needed changes.
Stakeholder Management
1. Actively engages partners and encourages others to build relationships that support DBSA objectives.
2. Proactively manages partner relationships, preventing or resolving any conflict.
3. Adapts style to work effectively with partners, building consensus, trust and respect.
4. Delivers objectives by bringing together diverse stakeholders to work effectively in partnership.
Project Management
Demonstrates a practical knowledge of project management principles and techniques.
Planning and Organising
1. Can exercise independent judgement regarding all planning and organising issues.
2. Uses effective advance time management processes to deal with high workload and tight deadlines.
3. Achieves goals in a timely manner, despite obstacles encountered, by organising, reprioritising and re-planning
Strategy
1. Ability to understand and interpret corporate vision and strategy.
2. Ability to understand the needs of National Treasury and internal client expectations, requirements and initiatives
3. Can conduct research effectively
REQUIRED PERSONAL ATTRIBUTES
BEHAVIOURAL
Customer Service Orientation
1. Tries to understand the underlying needs of customers and matches these needs to available or customized products and services.
2. Adapts processes and procedures to meet on-going customer needs.
3. Utilises the feedback received by customers, in order to develop new and/or improve existing services/ products that relate to their on-going needs.
4. Thinks of new ways to align DBSA’s offerings with future customer needs.
Self-awareness and Self Control
1. Withholds effects of strong emotions in difficult situations.
2. Keeps functioning or responds constructively despite stress.
3. May apply special techniques or plan ahead of time to manage emotions or stress.
Strategic and Innovative Thinking
1. Experiments with new approaches, tests scenarios, questions assumptions and challenges conventional thinking.
2. Creates new concepts that are not obvious to others, leveraging internal and external sources of information, to build incremental revenue and growth opportunities.
Driving delivery of results
1. Sets challenging goals that will have a significant impact on the business or support the organisational strategy.
2. Commits significant resources and/or time to ensure that challenging goals are achieved, while also taking action to mitigate risk.
Teamwork & Cooperation
1. Acts to promote a friendly climate and good morale and resolves conflicts.
2. Creates opportunities for cross-functional working.
3. Encourages others to network outside of their own team/department and learn from their experience.
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