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Banking
full time

Head of Transactions and Payments

AbsaSandton

Salary

Not disclosed

Job Type

full time

Posted

about 2 hours ago

Closing date

26 Jul 2026

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Job Description

The Head of Transactions and Payments is central to positioning Absa as a leader in the rapidly evolving payments ecosystem, driving innovation, client value, and sustainable growth across Business Banking.

Key Responsibilities

  • Provide thought leadership to Business Bank Exco on Transactions, Payments, and emerging industry trends
  • Define and execute a future-fit Transactions and Payments strategy aligned to Business Banking and Group priorities
  • Translate strategy into clear roadmaps, execution plans, and measurable business outcomes
  • Ensure optimal allocation of financial, human, and technology resources to deliver on strategic priorities
  • Lead the end-to-end Transactions and Payments portfolio, ensuring competitive, client-centric product offerings
  • Translate market insights into innovative, digitally enabled payment solutions to support segment in driving revenue growth, market share expansion, and improved client acquisition and retention
  • Ensure commercial plans deliver against financial targets and strategic objectives
  • Oversee the design, optimisation, and continuous improvement of operational processes and value chains
  • Drive simplification, standardisation, and efficiency to improve cost-to-serve and turnaround times
  • Embed a high-performance culture focused on operational discipline, measurement, and continuous improvement
  • Ensure adherence to Group Risk and Compliance frameworks within defined risk appetite
  • Strengthen control environments and embed proactive risk management practices
  • Maintain strong governance, reporting standards, and audit readiness across the function
  • Influence enterprise prioritisation to achieve aligned business outcomes
  • Build and sustain strategic partnerships with internal stakeholders, regulators, and external partners
  • Lead, inspire, and develop a high performing business area of approximately 400 colleagues
  • Build leadership capability, succession pipelines, and future-fit skills
  • Foster a culture of accountability, inclusivity, and continuous development

Requirements

  • MBA or master’s degree
  • Minimum 10 years’ experience in executive or strategic leadership roles managing complex business areas
  • At least 5 years’ experience in a strategic payment’s role
  • Proven ability to provide strategic insights on Payments and Transactional Banking at executive and industry levels
  • Strong track record of leading transformation in complex, matrix environments across multiple business cycles
  • Commercial acumen with a focus on delivering measurable financial outcomes
  • Digital fluency and a strong orientation toward innovation and emerging technologies
  • Deep client focus with the ability to translate client needs into competitive solutions

About the employer

A

Absa

Absa is a hiring organisation operating in Sandton within the banking sector. They are currently recruiting for the Head of Transactions and Payments role advertised on this page. Visit the official application link for more about the company, its culture and the team you would be joining.

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