Lead-Financial Planning and Strategy

JOB TITLE

Lead-Financial Planning and Strategy

GRADE

DEPARTMENT

Finance and Accounts

LOCATION

SUB-DEPARTMENT

Strategy and Planning

TYPE OF POSITION

Full Time

REPORTS TO

National Manager – Financial Planning and Strategy (FP&S)

• Writing strategy document for the bank, making long-term business plans for the Bank and the liability verticals
• Finance partner to business heads and giving them full support while developing product programs, annual budget / long
• term strategy, various cost benefit analysis, profitability at vertical & product level, analysis of cost of fund, funding strategy
• for the bank, analysis of treasury portfolio.
• Support to the senior leadership team in the formulation of business strategy, business plan, budget and target setting
• Support the Head of strategy and business heads to conduct review of performance at various levels – Bank / vertical / region
• etc.
• Drive improvements to the existing business processes, develop and review new business processes as per the strategic
• goals of Ujjivan.
• Various data analysis on regular basis like P&L / Balance sheet analysis, productivity, profitability, variable pay, automation.
• Handle all verticals with primary objective of raising liabilities (Treasury, FIG, Branch Banking, TASC, TPP etc.)
• Business
• Prepare a draft long-term and short-term business plan with annual targets basis the market potential and the objective of
• the Bank. It involves a mix of top-down and bottom-up approach as the need may be; product wise and region wise targets;
• guide the team for preparation of budget and business profitability
• Review the progress against targets on a periodic basis and prepare reports on the target achievements. Also, help
• businesses to understand the variance and come-up with corrective action.
• Prepare capital, revenue and expense budgets in coordination with the respective departments and present to Senior
• Management
• Prepare and submit, branch & region review reports and other performance reports for evaluation and review to the
• management / board of directors
• Continuously scan the market environment on performance of peer banks on Ujjivan’s focus regions and various customer
• segments; provide strategic information to the senior leadership.
• Work closely with IT team and BI implementation team for implementation / customizations required in the IT platforms
• which are required based on Ujjivan’s needs
• Customer
• Track competition and analyze market intelligence
• Keep a track of industry updates and trends in terms of best practices, new customer service trends, products / services,
• delivery channels, sourcing channels, marketing / branding etc.
• Enhancing the FTP policy of the Bank based on the changing market as well as internal funding scenario. Also, keep the
• policy compliant with regulatory requirements that may change time-to-time.
• Should be face from the finance side for the Management on all the requirements of Bank’s Liabilities side.
• Prepare Business update for the Board on behalf of CBO / MD. Co-ordinate with all business, Marketing, Digital, HR, Investor
• Relations and other relevant teams.
• Finance partner of Business Heads
• Internal Process
• Build a top level, forecasting model to analyze current business.
• Provide necessary financial analysis reports to the senior leadership team and various business heads within the specified
• timelines.
• Review Branch Profitability analysis and discuss with Business Head / CBO; review monthly MIS for board highlighting the key
• achievements of relevant verticals
• Conduct Business Review- Monthly business & financial performance analysis, detailed income expense variance analysis,
• analysis of performance against budget with business head / CBO
• Ensure adherence to all new business processes and process changes are in line with the guidelines prescribed by the RBI
• and other regulatory bodies.
• Detailed analysis of the Cost of Fund movement and its impact on the funding strategy of the bank
• Monthly analysis of the deposit book to be done for the Asset and Liability Committee of the Bank
• Treasury book review – Analysis of the investment book of the bank tracking its yield of its various components and its
• impact on Bank’s margin
• Preparing detailed overall funding strategy (deposits and borrowings) of the bank keeping in mind the micro and macro[1]economic factors

MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS Educational Qualifications Professional Finance Degree – CA / CFA or MBA / PGDM (Finance)

Experience (Years and Core Experience Type) - 10 to 15 years’ experience in BFSI / Financial Planning & Analysis preferred.