VP - Finance Change Location Strategy - Bank

Job posting

Bank : Tier 1 European Bank

Location: Chennai

Experience : 12+ years

Job Title : Finance Change Location Strategy VP

Overall Job Purpose

This role is to join the CIB (Corporate & Investment Banking) India team, focusing executing the location strategy for the business in partnership with BANK (Bank Shared Services) India.

Execution of the location strategy will evolve as we initiate the CIB Pilot and subsequent migrations across Product Control, Financial Control and Financial Decision Support. It can broadly be categorized into the following:

Current State – Work with Business Head to ensure initial setup of the CIB function is fit for purpose, and scalable for future migrations.

Migration – Work with sender locations & Bank to ensure all requirements for seamless migration of roles from sender to receiver locations are planned and executed efficiently. Promoting and implementing the CIB culture of ‘one team’; empowerment; challenge

Future State – Responsible for ensuring a stable platform leveraging synergies across all CIB & BANK functions. Build on the Continuous Improvement Programme. Responsible for the offshore location to be an extension of onshore with respect to people, technology and culture.

Key Accountabilities

- Execution on behalf of Business Head, sounding board, trusted advisor

- Assist Business Head in the strategic plan

- Accountable for Regulation, Governance & Control

- Accountability for Management Information

- Accountable for identification of job specifications and coordination of hiring, including graduate rounds

- Accountable for relationship management & coordination with global for staffing and operations

- Communications: internal/external, website, coordination with global counterparts

- Accountable for projects under Business Head's responsibility

Qualifications /Education:

University degree or equivalent, and/or relevant industry experience

Application Skills (Highly Desirable):

- Proficiency in Microsoft applications

- Advanced Excel skills, proficient in designing innovative solutions to drive efficiencies and sophisticated report presentation skills

Knowledge and Experience:

- 12+ years of relevant experience in Investment Banking or equivalent

- Investment Banking Transition experience desirable.

- A confident and articulate self-starter with the ability to cope with the demands of working to tight deadlines.

- Keen analytical skills and the ability to challenge current processes and develop effective alternate solutions.

- A team player with a high level of commitment and enthusiasm.

- Comfortable with the demands of working in a pressured environment.

- Strong interpersonally and have the ability to communicate at all levels.

- Demonstrable examples on coaching and performance management

- Strong stakeholder management

- Strong on control awareness. A confident and articulate self-starter with the ability to cope with the demands of working to tight deadlines.

- Keen analytical skills and the ability to challenge current processes and develop effective alternate solutions.

Control Environment

- Escalates breaches of policies and procedures appropriately

- Must be regarded as proactive and assertive in driving control improvement for their area

- Strong control awareness - in particular, the individual should be able to identify initiatives which they have led which has directly improved the control environment for the area they work in

- Strong understanding and has the mind-set to strive to identify potential control breakdowns in process, also demonstrated with effective procedure manuals

- Ability to streamline processes in a most efficient manner within the team

- Able to perform good analysis, resolve problems and initiate workable innovative recommendations and solutions to take the function forward to achieve better performance efficiencies

Commercial Effectiveness

- Customer focused – consistently meets client needs within constraints of time, resources and budget

- Consistently delivers against targets

- Has good understanding and is up to date on relevant business knowledge.

- Ability to scale-up and move up the value-chain within a short time-frame

- Opportunity to be groomed to be future team leaders/managers

- Able to persuade, direct and influence senior stakeholders to get buy-in for decisions and proposed changes or recommendations

- Provide analysis and resolutions to complex issues and proposed innovative recommendations and solutions to team members for implementations

- Good presentation skills and able to confidently present to senior stakeholders

Business Skills

- Has the initiative and ability to break down problems into components parts and resolving them

- Can solve problems effectively and creatively

- Good influencing and negotiation skills

- Excellent communication skills in both formal and informal settings & ability to interact with the region and London as part of a global team (written and verbal)

Leadership

- Able to make routine decision

- Good listener

- Able to carry out self-initiative with coordination of internal/external teams

Candidate Profile:

- Independent and a self-starter – accountable for day-to-day issues.

- Confident – to liaise with all levels of Management

- Demonstrates initiative and pro-activeness.

- Analytical – able to break down problems and resolve them.

- Expected to take accountability/responsibility of deliverables

- Minimal supervisory oversight and able to perform duties with minimal or no guidance

- Assertiveness required to maintain integrity of accounts

- Displays integrity, initiative and commitment through interactions with colleagues and clients

- Demonstrates credibility when dealing with senior management, outside regulators and internal audit

Interested candidates please email your resume at cagarwal@execuzen.com