Manager-Assets Strategy

Job description

ROLE PURPOSE OBJECTIVE • Support creation and periodically modification of bank's medium to long-term strategy ensuring seamless translation of strategic objectives into actionable business plans and measurable outcomes across all business verticals. • To identify, plan, and support execute strategic initiatives that drive sustainable assets growth, profitability, risk alignment, productivity across channels etc. in alignment with organizational vision and regulatory requirements. • Coherent asset deployment plans, ability to achieve target yields and manage asset concentration effectively. • Ensure envisioned outcomes of the identified initiatives are achieved within desired timelines. • Monitor and report on key performance indicators to measure the success of strategic initiatives SIZE OF THE ROLE • Assets Book size: 32000+ Cr. • Number of portfolio products: 20+ KEY DUTIES RESPONSIBILITIES OF THE ROLE Business/ Financials • Support the annual strategic planning exercise across businesses and quarterly strategy reviews • Support strategic planning for all asset classes (loans, advances, securitizations). • Design competitive pricing strategies for various assets products while maintaining profitability margins • Oversee the conduct of in-depth market research and competitive analysis to identify growth opportunities and potential threats. • Analyze industry trends, best practices and competitive landscape to guide strategic thinking and decisions. • Create GTM plans for new asset products and portfolio expansions. • Formulate digital transformation and technology adoption strategies • Monitor key financial metrics (yield, NIM, ROA) and recommend corrective actions. Customer (Both Internal External) • Study customer segments and work with businesses to identify new products and services or recommend changes to current offerings • Present asset performance insights to the departmental heads and Executive Committees. • Design customer acquisition and retention strategies • Identify customer experience enhancement initiatives • Identify partnership opportunities with fintech companies Internal Process • Management presentations on strategic initiatives and market developments • Collaborate extensively internally to ensure the Banks strategy is effectively structured and embedded so that teams and colleagues know how they contribute to the Banks overall objectives. • Establish governance frameworks for strategic initiatives, ensuring that all new initiatives are monitored for success and aligned with the banks strategic priorities. • Collaborate effectively with Finance team to ensure robust monitoring and reporting of the Banks progress against its objectives. • Develop performance management frameworks to monitor strategic initiatives across business verticals, ensuring timely and effective execution. • Provide feedback on required analysis to advance solution development and to support execution of strategic initiatives, digital growth and data-based decisions in day to day working of the bank • Analyze risks and complex issues to provide strategic guidance efficient solutions. • Ensure timely submission of all regulatory reports with zero non-compliance instances Innovation Learning • Research industry best practices and emerging trends in liability management • Support organizational transformation and change management initiatives • Promote a culture of innovation and data orientation across the bank by encouraging teams to develop creative solutions for business challenges. • Foster collaborative working relationships across departments and regions MINIMUM REQUIREMENTS OF KNOWLEDGE SKILLS Educational Qualifications • Essential: Master's degree in Business Administration (MBA) from reputed institution with specialization in Strategy, Finance, or Banking