Deputy Head - Financial Inclusion

Job Title: Deputy Head Financial Inclusion

Position Level: Deputy Vice President (DVP)

Location: Kolkata Head Office

About the Role:

We are seeking an experienced and dynamic professional for the role of Deputy Head Financial Inclusion to lead and manage the Financial Inclusion vertical at the Bank. The incumbent will play a critical role in driving government-sponsored schemes, achieving financial inclusion targets, and coordinating with regulatory bodies.

Key Responsibilities (KRAs):

- Lead the Financial Inclusion team to achieve the targets set for Government Sponsored Schemes (GSS).

- Monitor and evaluate the performance and implementation of all Government (Central & State) Sponsored Schemes.

- Ensure timely and accurate reporting to 34 State Level Bankers Committees (SLBCs) and RBI Regional Offices.

- Respond promptly and accurately to queries and ATRs raised by SLBCs and RBI on topics such as ACP (Annual Credit Plan), State-wise Credit Growth, and EC-MSMEs.

- Prepare detailed Product Notes for Government Sponsored Asset Products and oversee their implementation through various business verticals of the Bank.

- Drive continuous process improvements to enhance the effectiveness and reach of Financial Inclusion programs.

- Build and maintain strong relationships with government agencies, regulatory bodies, and business verticals to facilitate smooth scheme implementation.

- Ensure compliance with regulatory guidelines and internal policies related to Financial Inclusion.

- Lead capacity-building initiatives, training programs, and workshops to improve team capability and awareness on financial inclusion matters.

- Prepare periodic MIS reports and strategic insights for senior management.

Required Skillsets:

- Strong knowledge of Financial Inclusion policies, Government Sponsored Schemes (GSS), and regulatory frameworks (SLBC, RBI).

- In-depth understanding of ACP, EC-MSMEs, and other financial inclusion-related programs.

- Excellent analytical and problem-solving skills for scheme monitoring and evaluation.

- Strong stakeholder management and relationship-building skills, particularly with government departments and regulatory bodies.

- Proficiency in preparing product notes, reports, and responding to regulatory queries.

- Good leadership and people management abilities.

- Strong communication skills (written and verbal) with an ability to articulate policy and program impact.

- Hands-on experience in MIS preparation, data analysis, and interpretation.

- Good knowledge of banking operations and credit processes.

Experience Required:

- Minimum 10 to 15 years of overall experience in the banking industry, with significant exposure to Financial Inclusion, Government Sponsored Schemes, and Regulatory Reporting.

- Proven track record of handling Financial Inclusion projects, preferably in a mid-to-senior management role.