Foreign Exchange Product House Lead

About the role

Accountable for the end-to-end ownership, strategy, and performance of the bank's Foreign Exchange (FX) product suite across Corporate & Investment Banking, Commercial Banking, and Retail Banking.

The role drives FX product strategy, innovation, revenue growth, risk discipline, and client value, while providing strong leadership across product, sales enablement, trading support, and client coverage teams.

This role plays a critical part in positioning the bank as a leading FX provider, balancing sophisticated institutional solutions with scalable, compliant offerings for commercial and retail clients.

• Define and execute the group-wide FX product strategy aligned to Markets and client strategy.
• Own the complete FX product lifecycle, including design, enhancement, governance, rationalisation, and pricing.
• Oversee Spot, Forwards, Swaps, FX Options/structured products (where applicable), and cross-border payment/hedging solutions.
• Lead digital innovation initiatives, including client-facing FX platforms, automation, and self-service capabilities.
• Partner with relevant stakeholders to embed FX solutions into segment strategies.
• Support complex institutional transactions, hedging strategies, and bespoke structuring.
• Ensure differentiated value propositions across segments
• Act as senior FX subject matter expert in strategic client engagements.
• Own FX P&L, pricing frameworks, and margin optimisation.
• Drive revenue growth through wallet share expansion, new client penetration, and cross-sell with Trade, Cash Management, and Lending.
• Monitor market trends, competitor behaviour, and client usage to inform revenue strategies
• Ensure compliance with exchange control, market risk, liquidity risk, conduct standards, and suitability requirements.
• Lead or contribute to product, pricing, and risk committees.
• Partner with Risk, Compliance, Treasury, Legal to ensure robust controls, governance frameworks, and regulatory readiness across all FX segments.
• Maintain strict oversight of retail FX compliance and safeguards.
• Lead and develop product managers, FX specialists, and support teams within the FX Product House.
• Build a high-performance, client-centric culture focused on risk discipline, accountability, and innovation.
• Represent the bank in regulatory meetings, industry forums, and market-related engagements.
• Minimum Qualifications: Post Graduate degree in Finance, Economics, Accounting, Business Science, or related field.
• Preferred Qualifications: Master's in Finance, Economics, Financial Markets, or Risk Management (advantageous).
• Professional Certifications (Preferred/Advantageous): ACI Dealing Certificate or ACI Operations Certificate, CFA Level II or full CFA, Exchange Control or Regulatory accreditation.
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• Important Closing Date Note

Take note that applications will not be accepted on the below date and onwards, kindly submit applications ahead of the closing date indicated below.

19/11/26

All appointments will be made in line with FirstRand Group's Employment Equity plan. The Bank supports the recruitment and advancement of individuals with disabilities. In order for us to fulfill this purpose, candidates can disclose their disability information on a voluntary basis. The Bank will keep this information confidential unless we are required by law to disclose this information to other parties.