Velile Ndlovu
Johannesburg
Summary
With over 14 years of experience in the banking industry, I am a Business Manager at Absa Group, where I enable the FICC Trading Business to achieve its strategic goals and objectives. I have a proven track record of delivering innovative and customer-centric solutions that enhance the user experience and increase the market share of the global markets division. I hold an MBA from Wits Business School, a certificate in digital transformation from MIT Sloan School of Management, and an ACI Dealing Certificate. I leverage my education and skills to design, test, and launch user-friendly and scalable products that meet the evolving needs of the clients and the regulators. I also collaborate with various stakeholders, including IT teams, sales teams, and senior management, to ensure the alignment of the product vision and strategy with the business objectives and priorities. I am passionate about digital transformation and eTrading, and I strive to create value and impact for the organization and the customers. I consider myself a dynamic and performance-driven business professional with high integrity, strong work ethic, and great leadership skills. Meticulous and resourceful Business Manager with proven success leading productive teams, controlling budgets, networking to drive growth initiatives, and marketing to maximize brand outreach.
Overview
16
16
years of professional experience
Work History
Business Manager (FICC Trading)
ABSA
Johannesburg
01.2024 - Current
- Responsible for FICC Trading Business Enablement, by working closely with Heads of Fixed Income, Currencies (FX), Commodities in execution of strategy, costs maintenance, governance etc.
- Support to the relevant Heads within Global Markets Trading in the areas of operations, project and process management, execution and strategy.
- Managing cross-functional teams and translating requirements and leverage across teams and functions to assess issues, quantify their impact and put forward solutions to senior individuals and committees within the bank.
- Maintain a strong relationship with a variety of key stakeholders through the value chain to ensure that the processes are globally aligned.
- Engaging with vendor and other external forum to ensure success of different Trading Desks Strategies
Product Manager (eLectronic Trading)
RMB
Johannesburg
07.2022 - 12.2023
- Company Overview: RMB Global Markets
- Responsible for driving the business strategy and vision for Electronic Trading Desks in Fixed Income, Money Market and FX
- Provide thought leadership and vision, identifying and promoting strategic opportunities for the organisation.
- Working at different levels in an organisation to operationalise Electronic Trading strategy thinking and planning.
- Drive digital strategy by defining Product/Client value proposition and implement forex digital solutions/capabilities on different trading venues
- Craft Client Value Proposition; create Commercialisation and Operationalisation plans.
- Provide thought leadership and vision, identifying and promoting strategic opportunities for the organisation.
- Actively drive agile approach in digital platform development process with cross-functional teams and external parties.
- Close collaboration with various teams such as UX/UI, operations, product, distribution, group level, and other business units on related deliverables.
- Perform end-to-end solution testing; Conduct UAT Sessions
- RMB Global Markets
Business Manager (Sales Trading)
RMB
Johannesburg
11.2020 - 06.2022
- Company Overview: RMB Global Markets
- Work with Desk Heads to understand their vision and strategy for their desks.
- Work with different parts of the business to understand their contribution to the vision and strategy and co-ordinate the ongoing alignment and delivery thereof.
- Assess cost and benefits, viability and benefits of different options to implement strategy using detailed business cases.
- Provide direction to the business on options to fulfil strategic requirements and vendor negotiations.
- Track and monitor progress against objectives and take corrective action where appropriate.
- RMB Global Markets
Product Manager (FX)
FNB
Johannesburg
09.2018 - 10.2020
- Responsible for driving the business strategy and vision for Foreign Exchange Dealing across all segments taking into consideration macroeconomic factors, competition, customers and customer journey.
- Working closely with our product owners, sales team and clients to clearly articulate challenges, requirements and solutions.
- Aligning our Foreign Exchange offering across segments ranging from Retail to Wealth/Signet Clients, Commercial, Corporates and Institutional Clients.
- Product and solution requirements, market test our solutions with real clients to ensure they are fit for purpose.
- Ensuring seamless delivery of our Foreign Exchange Dealing offering to the market and building business cases for new offerings.
- Product Roadmap and Product Development (Foreign Exchange Dealing) including digital strategy (Big Screen and App)
Business Development Manager
RMB
Durban
09.2017 - 09.2018
- Driving revenue growth of the FX Business through different Channels for Retail and Commercial Segment.
- Identify, qualify, negotiate and close new relationships within Retail segments Business/Commercial Segments.
- Cross-selling new services and new FX Product House offerings(Travel, Remittances, International Trade) to existing clients and ensure close collaboration with FNB Business Relationship Managers, maintain and grow the number of active FX client base.
- Support thought-leadership initiatives with deep FX Market and Industry knowledge.
- Provide clear and timely FX Product and Market feedback to acquisitions team, relationship team and clients.
Electronic Solutions Specialist
RMB
Johannesburg
07.2014 - 08.2017
- Providing electronic trading solutions and support to Corporates and Commercial clients for following vanilla products, Foreign exchange, Money Market, and Options.
- Supporting the Implementation of Dealing Platforms, MDPs and SDP for Institutions, Corporate and Retail Clients.
- Drive volumes on SDP and participated in increasing the online dealing activity up to 45% on SDP.
- Support all regional marketing/sales teams in meeting targets are capturing new clients and improving the way existing clients deal in the above-mentioned products by providing supporting services for pricing.
Business Analyst
SunGard (FIS)
01.2014 - 07.2014
- My role was to provide expertise in the middle office and back-office processing.
- Translating business needs into workable deliverables with IT Development Teams.
- Conducting JADs.
- New Functionality Training to 2 of the big four banks.
- Workflow process to business related institutions.
Operations Specialist
RMB
Johannesburg
01.2011 - 12.2013
- Post Trade Support Services for Global Markets in the following processes and products:
- Trade confirmations, settlements, reconciliations, CLS, FX, Derivatives, Bonds, Money Market etc.
- The role also entailed identifying operational risk areas and improving operations processes.
Graduate
RMB
Johannesburg
12.2009 - 12.2010
- Introduction to Corporate and Investment Banking which involved rotations between different areas including IT, Operations, Credit, Front Office and other support areas.
Education
MBA - Economics And Strategy
Wits Business School
Johannesburg, Gauteng07-2023
Post Graduate Diploma in Business Management -
Mancosa
01.2015
ACI Dealing Certificate -
ACI Financial Markets Association
01.2012
Bachelor of Commerce - Economics
UKZN
01.2008
Matric -
KwaNtebeni Comprehensive High School
01.2004
Skills
- Product Development
- Driving business strategy
- Client experience
- Roadmap planning and development
- Electronic trading management
- Stakeholder engagement
- Regulatory compliance
- Vendor negotiations
- Business case development
- Cross-functional leadership
- Process improvement
- Financial oversight
- Operations management
Languages
- English, Fluent
- IsiZulu, Fluent
- Xhosa, Conversational
Industries Areas Of Interest
- Financial Industry
- Digital Business Strategist and Development
- Strategy and Business Enablement
- Product Management
- ECommerce
- COO Office
- Financial Software Solutions
Affiliations
- In my spare time, I volunteer at elderly homes
- I enjoy hiking and reading
Timeline
Business Manager (FICC Trading)
ABSA
01.2024 - Current
Product Manager (eLectronic Trading)
RMB
07.2022 - 12.2023
Business Manager (Sales Trading)
RMB
11.2020 - 06.2022
Product Manager (FX)
FNB
09.2018 - 10.2020
Business Development Manager
RMB
09.2017 - 09.2018
Electronic Solutions Specialist
RMB
07.2014 - 08.2017
Business Analyst
SunGard (FIS)
01.2014 - 07.2014
Operations Specialist
RMB
01.2011 - 12.2013
Graduate
RMB
12.2009 - 12.2010
MBA - Economics And Strategy
Wits Business School
Post Graduate Diploma in Business Management -
Mancosa
ACI Dealing Certificate -
ACI Financial Markets Association
Bachelor of Commerce - Economics
UKZN
Matric -
KwaNtebeni Comprehensive High School
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