Assistant Vice President - Financial Planning & Analysis - Bank

Job Title/Designation:

AVP - FPA - Mumbai

Job Description:

- Basic JD for supervisor for managed portfolios

- Budgeting

- Give suggestions

- Communicate broad framework for business plan and sales plan

Guide : 

- Check plans shared at overall and portfolio / resource level

- Analyse and identify exceptions, anomalies, under budgeting.

- Get reasons for exception for discussions with the next level

- Analysis of Business performance and KO parameters

- Suggest in arriving at clear matrix for monitoring business performance

- Identify key objective for tracking and monitoring in line with management objectives

- Ensure measurement methodology in place in agreement with business

- Any disagreement to be escallated to seniors for closure

- Guiding the team on areas to focus on, to be highlighted, sample checks etc

- Analyse all business and KO parameters vis a vis business plans / sales plans, trends, benchmarks, best in class etc

- Highlight performing and concern areas to seniors

- Identify exceptions and share basic reasons

- Get corrective course of actions, projections and track achievements vis a vis projections periodically and highligh any gaps to the next level

- Periodic checks of logics / approach / methodology

- Checking BRDs for score cards, PLPs, various computations/logics/approach

- Identifying gaps and discussing with stake holders

- Any disagreements to be tabled and escallated for closures

- Periodic change requests (additions / deletions / variations) to be analysed, simulations to be arranged basis change requests, simulations to be validated,

- Anamolies to be discussed with stake holders and getting help from seniors for conclusions

- UAT checks done for various change scenarios impact analyis on business, income, PLP, cost, C/I to be analysed on account of these changes

- Present to seniors with recommendations / observations for approvals

- Monitor and review the impact on changes in live scenarios for the next few quarters for corrective actions

- PLP analysis - trend checks, PLP to drivers, aberrations in overall payout, % of resources qualifying, per resource PLP,ensure similar structures for similar profiles amongst channels

- Spread % to be reviewed periodically in line with the bank's earnings and changes to be proposed in case of anamolies

- Base adjustment

- Analyse base adjustment requests on a case to case basis

- Share the gist of the with recommendations or otherwise to next level

- Discuss with seniors and the stake holders and communicate the outcome

- Any disagreements to be escallated to seniors for closure

- Plan revisions

- Analyse plan revisior requests during the year on a case to case basis

- Share the gist of the with recommendations or otherwise to next level

- Discuss with seniors and the stake holders and communicate the outcome

- Ensure changes are affected in the plan file and score card

- Any disagreements to be escallated to seniors for closure

- Task tracker, enhancements

- Constantly identfiy areas for improvement / enhancements in tracker for seamless monitoring, update and reviews

- Identify all parameters internal as well as external to be updated in tracker through various minutes from MD / CFO / GH meetings, visits, Channel presentations, product presentations etc

- Ensure all parameters are updated in the task tracker by the respective team members

- Agree on timelines, road map, due date for external tasks with respective stakeholders

- Ensure tracking on due date and escalation to the stakeholders / seniors where timelines exceeded / updates not in line with expectations

- Fix meetings / discussions with next level for closures

Adhoc - Any adhoc requirement at any level as may be required by senior management

Automations

- Constantly identifying areas for automation - dashboards / executive summary / escalation mechanisms / budgeting portals for business / budgeting portals for staffing