AVP - Strategy - Rural Banking - Bank

Strategic Initiatives

- Works in close coordination with Rural Banking Strategy Leader to define and drive the implementation plan for short term and long-term strategy for partner Business Units while focusing on change management, organizational development, process improvement, performance management etc.

- Works in close coordination with relevant Business Units to define the key steps and action plan for launch and rollout of key initiatives/ enhancement of existing processes in line with Bank's vision and overall BU objectives. Be involved in key policy and process changes for your respective teams.

- Tracks, controls and takes necessary steps to expedite implementation of strategic projects with the objective of closing deliverables in the stipulated timelines for the aligned functions.

- Participates in periodic meetings with Leaders, Business Heads, relevant risk team, Policy, Collections and relevant functions such as Digital Banking, Business and Digital Technology Solutions Group etc. to identify and evaluate and drive key avenues for digitization with the objective of enhancing customer experience or improving business efficiencies.

- Works on special/strategic/confidential projects as per guidance from the MD & CEO on a need basis and ensures implementation of projects as per established timelines while ensuring publishing of periodic updates to MD & CEO.

Strategic Support

- Collates necessary data and assists partner business stakeholders in preparing short term and long-term board level strategy and business updates as per the board and RBI guidelines and requirements. Keep yourself updated on all key regulations and guidelines as specified by the regulator and as per law.

- Participates and drives various strategic business reviews as and when required or as directed by the MD&CEO and share key findings and recommendations for enhancement / changes in business strategies, processes and efficiencies etc.

- Works in close conjunction with respective Business Head and other functions as and when required on all matters related to preparing and presenting bulletins/memos/proposals to the MD & CEO / Board / RBI etc.

- Participates in various management and strategic business reviews for partner Business Units and ensures timely and periodic reviews.

Research and Benchmarking

- Undertakes periodic market reviews and competitor analysis of developments/new trends in different products/services/processes/innovations for partner Business Units.

- Analyses trends on business performance across geography/channels/products basis inputs from internal and external stakeholders with definitive suggestions for strategy formulation and decision making to take the business into new trajectories of scale.

 - Stays updated on various aspects related to the domain area through various external and internal research articles, news reports, regulatory guidelines etc. to provide relevant inputs to partner business unit stakeholders.

-Conducts external and internal research and benchmarking to recommend best-in-class innovations / leading practices for partner Business Units for relevant areas of business processes.

Lekhram Vishwakarma
Senior Consultant - Human Resource
Skillventory