AVP Portfolio, Performance & Business Planning.RBG-Pvt Bnkg Head & Central Team

Business Planning, Performance Management & Portfolio Management

Business Planning and reporting for Private Banking including annual budgeting, forecast, actuals tracking, cost allocations, HC management etc.

Analyze Monthly financials including Segment level, Product and Customer level reporting and ensure any gaps and opportunities and discussed and addressed with Finance team

Ensure portfolio is correctly mapped to each RMs, manage all remapping, upgrades /downgrades, and allocations during RM change/resignations.

Track all KPIs for Segment and teams RM, UM, IS, CSMsin line with their MBOs & scorecards

Implement a robust scorecard, incentive plan and sales governance for all roles in line with Segment’s vision, including on-going monitoring and execution.

Defining FY Targets in accordance to Business plan and set goals, rollout to Frontlines

Quarterly Target adjustments on account of re-tagging/compliance closures/upgrades

Revenues Forecast and identify the gaps for planning and implementation

Ensure timely and accurate Payouts to Frontlines, including retrocession adjustments

Enhance Performance Dashboard to include all parameters for a complete Performance update for review and tracking.

Publishing Performance Dashboard on a monthly basis across allprofiles and accurately.

Solving RM queries and Liaoning with Finance to close all raised queries.

Creating simulation scenarios as per business KPIs for evaluation and implementation

External Asset Manager Desk & Intermediary Governance

Manager governance of EAM desk and Intermediary Desk within Private Banking –SOPs, framework, Agreements, tracking, retrocessions, regulation and governance including termination and quarterly performance reviews

Manage process of referral, agreements, revenue tracking and retrocession payouts

Have effective Governance forum for EAMs and Intermediaries as agreed with Wealth Governance team, ensure all contracts and data in system is accurate, ensure RCSA as necessary and payment process.

Interact closely with RMs, BIU, Finance, IT and Ops , CPD, CX, Governance teams for relevant processes and keep an eye for automation

Maintain cross functional relationship with Segment and Product teams, other stakeholders i.e. Risk, Credit, Compliance as needed

Operate within demarcated business areas adhering to the policies and guidelines set

Ensure all SOPs related to the function are in place and updated time to time as required

Maintenance of all records / approvals in place, put controls to ensure effectiveness

Ensure compliance of policies and procedures within the bank

Knowledge, Skills and Experience

A strong candidate with outstanding knowledge of systems including Macros, SQL , BI

A proactive and energetic personality with the ability and desire to multi-task

Post Graduate with a minimum of 12+ years experience with one or more main stream banks.

Excellent communication, negotiation and analytical skills and identify areas of improvement

Strong understanding of P&L, along with client life cycle management

Must be a strong collaborator, team player, and individual contributor

Originally posted on Himalayas