[Urgent] WBP:Supply Chain Finance Product Head

Job Description WBP:Supply Chain Finance Product Head INTERNAL USAGE: No. of Vacancies: 1 Reports to: Is a Team leader Y Team Size: 15 Grade: SR. VICE PRESIDENT Business: Corporate Banking Department: Wholesale Banking Products Sub-Department: WBP SCF Products Location: Worli Corporate Office About WBP Wholesale Banking Products (Trade & SCF) unit is responsible for driving and facilitating growth in various corporate products viz. Traditional Trade finance, Supply chain finance, Guarantee, digitization & Risk Distribution . It also focuses on Digitalisation, Product innovation and implementation, business analytics, portfolio management and strategic initiatives alongside coverage segments for expanding trade in ETB / NTB base. AbouttheRole This is a senior lead role for the SCF team. The SCF team provides SCF products, customised digital solutions across full breadth of banks non-retail clients. The Product Management team is critical in product ideation, creation and deployment, with special focus on digital solutioning/journeys. Key Responsibilities - Provide direction and strategy for the SCF team - Good understanding of market dynamic, especially in digital space - Good understanding of latest technology and regulatory changes that affect SCF business - Lead and drive development of strategic SCF Products with ability to conceptualise, develop, write product papers, present and obtain committee approvals - Ensure team owns the product end to end, including creation of documentation, operational processes, reporting and regulatory requirements etc. - Drive go to market strategy, identify target client sets, develop marketing collaterals required by Sales team - Focus teams efforts on training and equipping Sales and RM team to market product to identified client set and join Sales/RM, wherever required in client pitches/discussions. - Lead think tanks that conceptualise and articulate digital journeys for SCF products to deliver superior UI/UX for clients. - Oversight on Reporting/ MIS, and addressing Audit queries internal and external, in time bound manner. - Ensure team focus on hygiene items such as weekly sales MIS, ensuring delivery of periodic reports as required by policy/regulation - Ensure close monitoring of SCF portfolio and drive corrective measures for stress portfolios. - Team ownership of digital aspect of the product end to end, including creation of journeys and deployment - Partner closely with Sales teams on go to market strategy, identify target client sets, develop marketing collaterals required by Sales team - Conceptualise and articulate digital journeys for SCF products to deliver superior UI/UX for clients. - Ensure oversight on 1. risk assessment and credit underwriting of SCF products like Dealer Finance/Vendor Finance/Factoring and Reverse Factoring. 2. Teams understanding on the customer profile, performing financial analysis & determining the credit worthiness of the Anchor. 3. necessary due diligence of the prospective Anchor 4. Monitoring the existing SCF portfolio to maintain its quality and ensuring compliance with the bank guidelines. 5. Conducting review / renewal of Scheme. 6. Maintaining acceptable TAT for various tasks such as conducting rating, preparation of appraisal note, renewals, etc. Qualifications Optimal qualification for success on the job is: - MBA Finance with 18-20 years of banking experience with at least 10 years SCF experience Role Proficiencies: For successful execution of the job, the candidate should possess the following : - Superior leadership and team management skills - Strategic thinker especially in digital solutions - Expertise in Supply Chain Finance deal structuring, credit processes, technology and regulations etc. - Excellent communication skills