What are the responsibilities and job description for the Head of Corporate Strategy position at Northwest Bank?

Description

The Head of Corporate Strategy plays a leadership role in the business, in support of the CFO as the longer-term strategic priorities are developed, valued, prioritized, and slated for execution. This position will be leading the strategy management team in the development of long-range of strategic plans and objectives through the identification of strategic issues and opportunities that could influence business growth and profitability.

The duties of the Head of Corporate Strategy are inclusive of competitor benchmarking, industry intelligence, developing deep expertise in the firm's business segments and markets, and interacting with investment bankers on the diligence of potential transactions as they may become available. Additionally, the position will use the knowledge gained in the position to educate the management team and other stakeholders of the strategic levers and opportunities for expansion within each segment, and the development of strategic initiatives. The Head of Corporate Strategy leads the department in launching high priority strategic initiatives, working directly with the business's leadership, executives, and stakeholders.

Essential Functions

Responsible for the definition of structure and execution of firm's annual strategic planning process and supports the LOB specific development of work plans, gathering and generation of relevant data, driving analyses, and the development of actionable recommendations.
Identifies and develops strategic opportunities for the business with a view of diversifying the consumer base and gaining an additional share of the market.
Reviews feasibility of new markets as well as their potential growth opportunities.
Comes up with strategies that inform the marketing, financial and channel planning for the business as well as target setting for weekly / quarterly / annual business plans.
Evaluates and recommends business portfolio frameworks, strategies, financial concepts, practices, programs, processes, and measures to be applied across the business.
Engages and supports the business in numerous fronts in defining and refining business strategies with a specific focus on designing and implementing new strategic approaches, ideas, and processes that will grow the business and avail measurable results.
Works with the business's executives and stakeholders in order to evaluate overall performance against targets and make necessary adjustments as is necessary.
Establishes KPIs that the business will measure performances against and determine the effectiveness of the implemented strategies.
Drives awareness and insightful analyses of the market and transaction trends as well as identifies and explores any adjacencies to the business in order to ascertain risks and opportunities.
Builds analytical models and performs regular financial, competitive, performance, and market analyses for the business in order to comprehensively value business opportunities and ensure well-founded strategies are presented to the relevant leadership
Establishes collaborative and trusting relationships with the business's key internal leaders and stakeholders in order to ensure that there is a free flow of ideas and information across the business, leading to suitable strategy formulation and overall business performance enhancement.

Additional Essential Functions

Ensure compliance with Northwest's policies and procedures, and Federal / State regulations

Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

Work as part of a team

Work with on-site equipment

Safety and Health for Supervisors without Direct Reports

Discourage any unsafe work habits by setting a good example for employees by following the required safe work practices as indicated by the safety and loss prevention program

Consistently and fairly enforce safe work practices

Ensure that each employee knows what to do in the event of an emergency

QUALIFICATIONS

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and / or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

Master's Degree Business Administration, Finance or Accounting

Work Experience

6 - 8 years Strategy Management Experience

Executive Knowledge, Skills, and Abilities

Ability to develop and implement an organizational vision which integrates key strategic goals, priorities, values, and other factors

Ability to balance change and continuity - to continually strive to improve customer service and program performance, to create a work environment that encourages creative thinking, and to maintain focus, intensity and persistence, even under adversity

Ability to design and implement strategies which maximize employee potential and foster high ethical standards in meeting the Northwest's vision, mission, and goals

Ability to make timely and effective decisions and produce results through strategic planning and the implementation and evaluation of programs and policies

Ability to acquire and administer human, financial, material, and information resources in a manner which instills public trust and accomplishes Northwest's mission, and to use new technology to enhance decision making

Ability to explain, advocate and express facts and ideas in a convincing manner, and negotiate with individuals and groups internally and externally

Ability to develop an expansive professional network with other organizations

Knowledge of key national and industry policies and economic, political, and social trends that affect Northwest; Understands near-term and long-range plans and determines how best to be positioned to achieve a competitive business advantage

Additional Knowledge, Skills and Abilities

Excellent communication and interpersonal skills, strength in framing / storytelling related to insights gleaned and opportunities

Passion for information and developing insights

Ability to develop tactical and long-term plans / strategy

Strong organizational capabilities, working multiple initiatives concurrently

Critical thinking and intuition for the next best action

Analytical expertise to review larger data sets

Experience with building presentations, including charts

Equal Opportunity Employer / Protected Veterans / Individuals with Disabilities

The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)

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