• Head of Strategy in a Financial Institution

  • Posted on: 29 April, 2014 Deadline: Not Specified
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  • Our client is a financial institution that creates value to its clientele by delivering expert financial services.
    In line with the bank’s continuous drive to ensure availability of skills internally to adequately support achievement of corporate goals, the bank is seeking an experienced Head of Strategy to lead the development and planning of the group’s strategy blue print, developing them into actionable steps and monitoring the execution.

    Head of Strategy

     

    Responsibilities;

    • As custodian of the group’s strategy, solicit input from, update and inform stakeholders on the group’s strategy and making amendments where necessary in response to changing business conditions.
    • Develop and implement strategy realization planning that will guide the group on the medium term in order to sustain a competitive business performance.
    • Responsible for the preparation of the budget for your area of responsibility
    • Manage and control expenditure within the agreed budget for your area
    • Champion the development of the balance score card within the group to manage strategy execution by developing appropriate frameworks for corporate performance measures.
    • Monitor and recommend executions steps that will guide the group’s alignment with its strategy so as to have effectiveness.
    • Supervise the development of a framework for strategic planning and budget framework, translating the execution plans into budgets so as to have a complete blue print.
    • Contribute to preparation of annual budgets by working with the stakeholders and heads.
    • Coordinate the process of conducting periodic environmental, competitor, shareholder, and peer benchmark analysis so as to help the group identify opportunities.
    • Develop financial and economic models in conjunction with the finance function to appraise the efficacy of the underlying business assumptions.
    • Manage the delivery of documents relating to the strategic plan.
    • Set timetable and process for review of the strategic plan, and advise on redevelopment in the run up to the next strategic period
    • Perform full scope due diligence on potential

    Qualifications

    Essential:

    • Create a positive and innovative atmosphere which encourages people to commit themselves to the task at hand and, where necessary, go beyond the call of duty in order to achieve their key objectives.
    • Generally motivate people to give their best results, encouraging them and recognizing their performance when things go well.
    • Mentor, coach and generally support those who are not confident in their area of competence, building morale and personal esteem, and generally encouraging others to give their best performance.
    • Assert authority when necessary and strive to work within timescales and deadlines in order to overcome problems.
    • Continually seek out opportunities. Practice and encourage a culture of strategic excellence.
    • Be a self-starter who demonstrates energy in the work situation, seeking to get things done and at the same time addressing a wide variety of tasks.
    • Strive to maintain independence, expression and views. Taking a strong-willed approach in situations where more assertive individuals may try to dominate the thoughts and ideas of others

    Professional Competencies:

    • Customer Interface Analysis & Design
    • Business Acumen
    • Business Process Design & Re-engineering
    • Change Management
    • Benchmarking & Survey Administration
    • Communication
    • Planning & Organizing
    • Policy Formulation & Implementation
    • Quality Assurance

    The profile calls for the individual in the job to have the ability to inspire others to achieve profitable results.
    The job occupant will ideally be a positive person, who is persuasive, self-starting, self-reliant, venturesome, optimistic, enthusiastic, active, mobile, impatient for results and stubbornly independent.

    EDUCATIONAL QUALIFICATION:
    A first degree. Possession of a post graduate qualification would provide an advantage

    EXPERIENCE:
    10-15 years’ experience in strategy field is a must. A consulting background in strategy is an added advantage, so is some financial services industry background.

    Method of Application

    Send  Cv/resume to mo.wellington@jobtrolley.com

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