SMBC is accelerating our Asia Centric strategy and promoting the sustainable growth of SMBC Group companies in growing markets in the region. This position is responsible for basic policy, business plans, long-term business structure, risk management, evaluation of performance, business alliance, new products, etc. for India Division. (including arrangements with Tokyo Head Office) and Credit Planning.
This role will report to the MD and Head of Planning, India Division and has the primary responsibility to support the strategy formulation and day to day execution of the overall immediate to mid-term plan set-out by the management. This includes developing the strategy of India Division, overseeing strategic planning, alignment of strategies of business units across the organization and supporting strategic initiatives. In addition, this role will also require involvement in new business development and transformation, partnerships, and cost, budget and resource allocation.
In addition to the above, the candidate needs to work across the organization in APAC and Head office especially across LOD 2.0 and 3.0 to refine the governance, policy and accountability during the initial establishment years to ensure consistency of standards that is of similar robustness as expected for the banking entity and NBFI entities operating in India.
- Support development and implement the business strategy for the India Division, ensuring alignment and effective planning across all business units.
- Support project management, ensuring compliance with timelines, budgets, and deliverables while promoting cross-functional collaboration for improved communication and coordination.
- Conduct regular strategic environmental scans to assess their impact on the overall strategy of the organization.
- Support the strategy management process across all levels of the organization and coordinate efforts with other units.
- Establish a comprehensive performance evaluation framework for the India Division.
- Develop and implement performance evaluation frameworks, conducting annual evaluations.
- Track the success of strategic initiatives, implement key performance indicators (KPIs), and generate insights and reports to assess overall business performance.
Job Requirements
- Bachelors' degree with minimum 7-10 years of work experience in the banking industry with experience in business management and performance management.
- Experience in retail/wholesale and digital banking in regional markets such as Indonesia, Philippines, India and Vietnam is an advantage.
- Possess sound commercial sense in understanding business considerations with a keen interest in enhancing business value propositions.
- Excellent organizational skills and time management with the ability to process multiple tasks simultaneously with attention to detail and timeliness.
- Strong interpersonal and communication abilities (verbal and written) including excellent presentation skills, effective cross-cultural communication, and stakeholder management capabilities.
- Strong collaboration and team playing abilities, with an ability to work with cross-functional teams across different countries while possessing the ability to work independently.
- Proactive with adaptability to change, and ability to implement innovative and value-adding solutions.
- Possess quantitative analytical, project management and critical thinking skills.
- Proficiency in MS Office (Word, PowerPoint and Excel)
- Proficiency in Japanese is preferred as this role needs to create reports to Japanese Financial Service Agency and to liaise with Head Office in Tokyo