Managing Director - Banking

Job Title: Managing Director

Location: Mumbai

Job Summary:

- The Managing Director will be responsible for overseeing the overall operations and strategic direction of the cooperative bank.

- This role requires a visionary leader with extensive experience in banking, a deep understanding of the cooperative sector, and a strong track record of driving organizational growth and efficiency.

Key Responsibilities:

Strategic Leadership:

- Develop and implement strategic plans to achieve the bank's long-term goals.

- Lead the bank in identifying and pursuing new business opportunities.

- Ensure alignment of the bank's strategic objectives with market trends and regulatory requirements.

Operational Management:

- Oversee the daily operations of the bank to ensure efficiency and effectiveness.

- Implement policies and procedures to ensure compliance with banking regulations and internal standards.

- Monitor and manage financial performance, including budgeting, forecasting, and financial reporting.

Risk Management:

- Develop and implement risk management strategies to mitigate potential threats.

- Ensure the bank's operations are in compliance with all legal and regulatory requirements.

- Establish robust internal controls and audit mechanisms.

Team Leadership and Development:

- Lead, mentor, and develop a high-performing executive team.

- Foster a culture of performance, accountability, and continuous improvement.

- Promote a positive and collaborative workplace environment.

Stakeholder Engagement:

- Build and maintain strong relationships with key stakeholders, including customers, regulators, and community members.

- Represent the bank at industry forums, public events, and with regulatory bodies.

- Communicate effectively with the Board of Directors, providing timely and accurate reports on the bank's performance and strategic initiatives.

Innovation and Growth:

- Drive innovation in banking services and delivery channels.

- Explore and implement new technologies to enhance customer experience and operational efficiency.

- Expand the bank's market presence and customer base.

Experience:

- Minimum of 25 years in the banking or financial sector, with at least 15 years in a senior leadership role.

Skills:

- Strong strategic thinking and planning abilities.

- Excellent leadership and people management skills.

- In-depth knowledge of banking regulations and compliance.

- Proven track record of financial and operational management.

- Exceptional communication and interpersonal skills.

Personal Attributes:

- Visionary and results-driven leader.

- High ethical standards and integrity.

- Strong decision-making and problem-solving capabilities.

- Ability to inspire and motivate a diverse team.

- Commitment to the principles of cooperative banking