Head - Strategy - Commercial Finance - CA/IIM/SP Jain/FMS/XLRI

Head - Strategy - Commercial Finance

- Our client is among India's leading and most valuable financial services companies in the private sector. Our client's business is across asset management, mutual funds; life and general insurance, commercial finance, equities and commodities broking; wealth management services, distribution of financial products; asset reconstruction, proprietary investments and other activities in financial services. They are looking for a Head of Strategy position for their Commercial Finance business.

As a Head of Strategy - Commercial Finance, your responsibility will entail providing access to analytics, insights on critical issues and overall business performance for client's Commercial Finance and Reliance Asset Reconstruction business.

- Besides this, the role involves identifying cross-functional and cross-business synergies opportunities that will drive inefficiencies linked to cost, agility and business performance.

- Additionally, identify innovative and disruptive technologies and business models within the industry

Key Role & Responsibilities :

Business Intelligence :

- Decide on the reporting requirements (structure, cascade, frequency, formats)

- Conduct data analysis - Internal and market trends including bench-marking

- Predictive analytics - future probabilities

- Report key events (financial, political, natural) and assess likely impact

- Report progress on key performance indicators

- Share regulatory changes being planned / discussed

Business Excellence :

- Seek inputs on ideas internally and externally for improvement

- Identify technology and other interventions to address the identified opportunities

- Identify key trends - global and local. Decide key themes for innovation

- Business case preparation / approvals / budget sanction

- Develop a framework operating model, IT model etc. to support execution

- Identify and on-board a team internal and external (partners)

- Identify potential nature of partnerships (investment, acquisition, contractual)

- Support development of project plan and milestones

- Monitor execution and review progress and report

- Review progress and report

An Ideal Candidate :

- The candidate needs to have a deep understanding of the Commercial Finance business across products like Consumer Durables, Auto and Commercial vehicles, Construction, SME and Supply Chain financing and P&L impact of business drivers like and factors like demand, geographic penetration, and income levels.

- Will Understanding of the Asset Reconstruction business - business models, key drivers, revenue streams, cost structures and impact of regulations (like changes in regulations from 5-95 to 15-85 model, provisioning norms against SR exposure)

- Knowledge of Sales & Distribution - Agency and partnerships like Banca, Corporate and brokers

- Knowledge of operations

- Business acumen

- Thorough understanding of technology

- Strong numerical ability

- Background in Operations research

- Skills and certifications around Project Management

- Strong Interpersonal Skills

- Self-Motivated and Ability to handle ambiguity

- An MBA from Tier I Institutes - IIM (A,B,C,I, K,L), JBIMS, XLRI, FMS, SP Jain or CA 1st Attempt

What's on offer :

- An exciting opportunity to build a team and be in a strategic leadership position

- Best in class compensation + bonus