Assistant Manager

4 weeks ago


mumbai, India upGrad Enterprise Full time
About the org
We are recruiting for a leading international banking organization with a prominent presence in the global banking and financial services industry, operating across more than 70 countries. The Group holds key positions in its three primary fields of activity: Commercial Banking, Personal Banking & Services catering to both commercial and personal banking needs, along with several specialized businesses.
About the opportunity
The ideal candidate will be a part of the Strategic Monitoring & Reporting team (SMR) with global mission to monitor and foster performance at group & division level for CIB. The role will require him/her to act as business partner for business divisions and business lines and support the business strategic steering. He/ She will produce performance management reports with various indicators to support analysis and steering business performance. He/ She will also work on the closing process supporting business finance teams in respect of group instructions/processes.
Direct Responsibilities
Monitoring & Fostering Performance by
Continuous monitoring of financials (results, costs, capital, balance sheet & liquidity) of the business lines
Extensive analysis of Net Banking Income, Costs, Cost of Risk by business line, nature, & country for understanding the key drives by closely coordinating with the management accounting, business and other performance steering teams.
Contributing to timely and accurate financial communications which will require preparation of standard and ad hoc Management reports for Revenues, Costs, Headcount, Cost of Risk (Provision for non performing loans), RWA, Liquidity by business lines
Business partnering with key stakeholders on a regular basis & monthly review with senior management to discuss business performance
Managing ad hoc reporting needs, will be a key part of the profile along with standard deliverables for senior management reports for Flash & Actuals (monthly), Forecasting (quarterly) and Budgeting (annual)
Contributing to the monitoring of business line Treasury ALM results
Alerting the CFOs in case of any issues/challenges
Setting financial goals which will involve participation in defining the divisions’ strategic goals and priorities
Performing and reviewing the Budget and Planning exercises with business/CFOs
Promoting and implementation of Finance projects (new systems, procedures, standards/regulations)
Qualifications
CA or MBA Finance preferred
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