About the role
Strategic Leadership and Execution:
- Drive the strategic thinking process to promote organizational growth and transformation within the BFSI sector.
- Develop and execute strategies that align with the company’s vision, focusing on profitability and shareholder value over the next five years.
- Lead the strategic planning process to ensure effective implementation and tracking of large-scale, cross-functional initiatives.
- Conduct thorough research on economic, behavioral, technological, and industry/competitor trends relevant to BFSI.
- Analyze and interpret findings to identify potential impacts on the organization, providing actionable insights to senior management for strategic decision-making.
- Identify opportunities for improvement in strategic and business planning processes.
- Enhance performance tracking and reporting mechanisms to evaluate strategic initiatives effectively.
- Facilitate strategic review and planning sessions with Executive Committee (EXCO) members and delivery teams, focusing on management’s top priorities.
- Drive innovation by exploring and leveraging Fintech and Insurtech solutions to improve organizational efficiency and competitiveness.
- Collaborate with various departments and stakeholders to ensure alignment of business plans and strategies with management's strategic goals.
- Communicate strategic objectives and progress to internal and external stakeholders, focusing on driving the shareholder agenda.
- Identify new strategic initiatives based on customer insights and provide recommendations for modifying existing initiatives.
- Engage relevant stakeholders to solicit inputs and influence strategic thinking, syndicating preliminary findings and developing actionable plans.
- Work closely with various business unit leaders and their teams, fostering a collaborative environment to define, deliver, and execute brand strategies.
- Provide periodic updates to stakeholders on the progress of strategic initiatives and communicate well-structured, data-driven insights.
- Define problem statements and build hypotheses on solutions in ambiguous situations, providing clarity and leadership.
- Approach projects holistically, owning and driving the end-to-end delivery of solutions for key enterprise initiatives.
- Lead execution of significant projects by forming collaborative partnerships across functions.
- Provide feedback on analyses to advance solution development and support strategic initiatives.
- Define the internal/external market research and market intelligence agenda.
- Manage enterprise governance and communication processes, presenting synthesized findings to senior management and the Board.
Requirements
Qualifications:
- Education: MBA required.
- Experience: Minimum 15-20 years of relevant experience in corporate strategy within the BFSI sector.
- Leadership: Proven ability to inspire cross-functional teams and drive strategic initiatives aligned with corporate objectives.
- Communication: Excellent communication skills are essential for conveying strategic information and negotiating effectively with stakeholders.
- Collaboration: Ability to build trusting relationships with key internal leaders, facilitating a free flow of ideas and effective strategy formulation.
- Analytical Skills: Strong financial analysis and modeling skills to explore strategic options and support decision-making; must demonstrate expertise in unique analytical techniques.
- Interpersonal Skills: Strategic thinker who is results-driven, self-motivated, and adept at managing multiple projects under tight deadlines.
- Business Acumen: Deep understanding of industry dynamics, business economics, and the ability to drive profitability and long-term planning.
- Technical Skills: Proficient in MS Word, Excel, and PowerPoint for creating engaging reports and presentations.