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29/08 HR
Assistant Vice President at Yes Bank Limited

Views:3973 Applications:281 Rec. Actions:Recruiter Actions:0

Yes Bank - Vice President - Financial Management - Y-ACE (7-8 yrs)

Mumbai Job Code: 608915

Core Responsibilities :

Strategic Initiatives :

- Works in close coordination with the Y-ACE Lead to define and drive the implementation plan for short term and long-term strategy for, while focusing on change management, organizational development, process improvement, performance management etc.

- Works in close coordination with the Finance team to define the key steps and action plan for launch and rollout of key initiatives/ enhancement of existing processes in line with Bank's vision and overall BU objectives.

- Tracks, controls and takes necessary steps to expedite implementation of strategic projects with the objective of closing deliverables in the stipulated timelines for the aligned functions.

- Participates in periodic meetings with Y-ACE Team Leaders, Business Heads, Support units and other relevant functions to identify and evaluate and drive key avenues for digitization with the objective of enhancing customer experience or improving business efficiencies.

- Works on special/strategic/confidential projects as per guidance from the MD & CEO on a need basis and ensures implementation of projects as per established timelines while ensuring publishing of periodic updates to the MD & CEO.

Strategic Support :

- Collates necessary data and assists the Finance unit in preparing short term and long-term board level strategy and updates as per the board and RBI guidelines and requirements.

- Participates and drives various strategic business and finance reviews as and when required or as directed by the MD & CEO and share key findings and recommendations for enhancement / changes in business strategies, processes and efficiencies etc.

- Works in close conjunction with respective Finance Head and other functions as and when required on all matters related to preparing and presenting bulletins/memos/proposals to the MD & CEO / Board / RBI etc.

- Participates in various management and strategic business reviews for Finance unit and ensures timely and periodic reviews.

Research and Benchmarking :

- Undertakes periodic market reviews and competitor analysis of developments/new trends in different products/services/processes/innovations for partner Business Units.

- Analyses trends on business performance across geography/channels/products basis inputs from internal and external stakeholders with definitive suggestions for strategy formulation and decision making to take the business into new trajectories of scale.

- Stays updated on various aspects related to the domain area through various external and internal research articles, news reports, regulatory guidelines etc. to provide relevant inputs to the Finance unit.

- Conducts external and internal research and benchmarking to recommend best-in-class innovations / leading practices for the Finance unit for relevant areas of business processes.

People Management or Self-Management Responsibilities :

- Defines performance goals at the start of the year in discussion with the reporting manager and ensures that the goals are monitored and achieved during the course of the year.

- Takes ownership of his/her own learning agenda by identifying development needs in consultation with the reporting manager and working towards bridging the gaps through various means which go beyond just training.

- Understands the competencies relevant to his/her role, and works towards displaying as well as developing these effectively.

- Keeps abreast of relevant professional/industry developments, new techniques and current issues through continued education and professional networks.

Risk and Internal Control Responsibilities :

- Implements the risk policies and processes (operational, regulatory, financial, informational, reputational and audit risks), ensuring that that these meet regulatory and internal requirements.

- Implements the internal control systems in the department and participates in the departmental audits.

- Implements practices to bridge gaps identified during departmental audits.

Minimum Qualifications :

- MBA/CA (first attempt) from a reputed Institution with relevant work experience in Financial Management

- Should have handled Outsourcing, Financials, Cost Mgmt, Finance Process improvement/digitization.

Years of Experience : A minimum of 7 to 8 years of relevant experience in a similar role, in the BFSI domain

Nature of Experience : Experience in BFSI space in Financial & Cost Management only

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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