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Job Views:  
656
Applications:  203
Recruiter Actions:  12

Job Code

1637239

Managing Director/Chief Executive Officer - Bank

RiverForest Connections.25 - 30 yrs.Mumbai
Posted 3 weeks ago
Posted 3 weeks ago

Managing Director/Chief Executive Officer - Co-operative Bank, Mumbai


Job Description:


Executive Leadership and Strategic Direction


- Formulate and articulate the bank's strategic vision and mission in accordance with the Board's directives.

- Establish comprehensive long-term and short-term strategic objectives to fulfill organizational mandates.

- Oversee the bank's financial performance, implementing strategic adjustments as required.

- Deliver periodic and detailed performance reports to the Board, highlighting progress on strategic initiatives

Financial Stewardship and Risk Governance

- Direct the attainment of financial objectives, including profitability, sustainable growth, and shareholder value enhancement via ongoing performance assessments.

- Guide strategic business development initiatives with keen awareness of market dynamics and competitive positioning.

- Monitor and manage asset quality vigilantly, focusing on non-performing assets and potential credit exposures.

- Conduct regular risk assessments, implement mitigation strategies, and ensure frequent evaluation of the enterprise risk framework.

- Engage with premier clients to reinforce the bank's reputation and market insights.

- Champion innovation and customer-centric product development to enhance service delivery and satisfaction

Operational Excellence and Technological Advancement

- Spearhead transformative initiatives in operations emphasizing digital banking, technology infrastructure advancement, cybersecurity, and cost-efficiency improvements.

- Regularly evaluate and refine operational processes to optimize customer experience and minimize operational expenses.

- Ensure adherence to industry-leading turnaround times through systematic process reengineering and automation

Regulatory Compliance and Governance Oversight

- Ensure unwavering adherence to all applicable banking laws and regulatory frameworks.

- Maintain active liaison with regulatory bodies, including the Reserve Bank of India, ensuring timely and accurate compliance reporting.

- Remain fully informed of regulatory developments and incorporate necessary changes promptly.

- Embed a rigorous compliance culture supported by robust control mechanisms and ethical standards.

- Facilitate continuous communication with the Board, ensuring complete governance compliance and supporting all Board Committees effectively.

- Obtain and review independent audit feedback to validate control environments and compliance effectiveness.

Talent Management and Organizational Development

- Build and sustain an executive leadership team of exceptional caliber through strategic recruitment and talent development.

- Provide inspirational leadership, mentoring, and performance management to cultivate a high-achievement and positive organizational culture.

- Promote a collaborative environment fostering teamwork, innovation, and continuous improvement.

- Implement formal feedback mechanisms to support employee growth and accountability

External Relations, Stakeholder Engagement, and Corporate Social Responsibility

- Develop and maintain robust relationships with key stakeholders including investors, customers, employees, and community partners.

- Represent the bank authoritatively at industry forums, conferences, and community engagements.

- Ensure transparent and consistent communication with stakeholders on the bank's performance and strategic direction.

- Lead corporate social responsibility initiatives and community development programs.

- Oversee public relations activities to sustain and enhance the bank's corporate image

Required Qualifications

- Chartered Accountant / Cost Accountant / MBA

- CAIIB / Diploma in Banking and Finance / Diploma in Co-operative Business Management or its equivalent

Professional Experience

A minimum of 25 years of senior leadership experience in the banking or financial services sector.

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Job Views:  
656
Applications:  203
Recruiter Actions:  12

Job Code

1637239

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