Bank of Baroda - Vice President - Product Profitability

Bank of Baroda is in search of Vice President - Product Profitability

Organization Name : Bank Of Baroda

Company Profile: Bank of Baroda, One of India's Largest Bank is looking for qualified and experienced Finance Professionals.

Job Description / Responsibilities : To collaborate with Business/Product teams to develop, implement and maintain a long term robust planning model to support financial planning and assist the leadership team in making strategic decisions. Development of financial models for Product business case investments.

- Perform data analytics such as understanding current state operational cost and impact of investment and targets on future state

- Collaborate with Business team to support the development of new driver based product financial models.

- Perform customer and product profitability analysis and makes investment and pricing decisions. Finds opportunities to drive revenue growth, margin expansion and a more favourable mix (i.e., driving preferred products and services).

- Validation of FTP Calculation Engine & Cost Allocation Models and impact on product profitability

Responsible for :

- Cost allocation methodologies (required precision vs degree of difficulty)

- FTP Policy & Approach

- Deep dive analysis on key drivers.

- Measure impact of product focused investment initiatives and scenario sensitivities on Product Profitability

- Provide financial expertise in all areas where required particularly with the pricing strategy, investment appraisals, product and customer profitability, and unit economics

- Identify and execute upon operational improvement opportunities

Desired profile of the candidate

Qualification Age - Min : 32 years and Max : 40 years

Minimum 9 years of work experience in BFSI Sector, out of which at least 6 years- experience in Business Finance Function / Product Profitability Function / Financial Planning & Analysis

Graduate (Any Discipline) and CA / CMA/CFA/ MBA (preferably in Finance stream)

Min.Exp. 9 Yrs

key skills - Product Management, Product Profitability, Product Strategy, Product Life Cycle, Product Development, VP Product

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