VP - Banking

Job Description:

Job Overview:

We are seeking an experienced and strategic Vice President - Banking to manage teams, generating revenue and contributing to the organization's profitability. The ideal candidate will have a proven track record of leadership in Banking / NBFC with over 15 years of experience, including expertise in Strategic Financial Planning & Analysis, Risk management, Financial Operations & Internal Controls, Compliance & Audit, Pricing Strategy, IPO and Capital Market Transactions, Treasury Management, Stakeholder and Investor Management and Team leadership. As the VP of Banking, you will be a key member of the executive team, responsible for Overseeing daily operations and ensuring compliance with Banking  & NBFC regulations. Developing and implementing strategic plans to achieve financial goals. Managing and mentoring a team of professionals. Building, maintaining and liaisioning with HNI & Corporate clients, Stakeholders, Promoters and Investors

Strategic Financial Planning & Analysis:

Key insights for Financial Forecast, Budgets and Analysis

to spearhead and execute short- and long-term financial goals with minimal resources

To cover expenses and grab opportunities to drive revenue and Earnings before interest, tax, depreciation, and amortization (EBITDA).

Financial Operations & Internal Controls:

Control Environment:  To control environment of an organization, influencing the control consciousness of its people

Risk Assessment: To oversee market risk, credit risk, liquidity risk, and operational risk. 

Control Activities: To look after approvals, authorizations, verification, reconciliations, reviews of operating performance, security of assets and segregation of duties

Information and Communication: Ensure communication fast, automated, interactive and rapidly changing information

Monitoring: To check a regular financial review of activity to identify errors, anomalies, potential compliance issues, and significant budget variances.

Compliance & Audit: to check and meet regulatory requirements and internal policies.

To adhere to IND AS, Indian GAAP, Income Tax Act, SEBI (LODR) regulations, GST Acts and the Companies Act.

Pricing Strategy:

Conduct comprehensive contract scope analysis, including budgeted costs, margins and competitors bench marking

To to develop competitive pricing strategies for contract bidding.

Initial Public Offering(IPO) and Capital Market Transactions:

To Set up IPO process from scratch to listing

Preparation of Draft Red Herring Prospectus (DRHP) and RHP

Register with SEBI

Coordination with Lawyers and Merchant Bankers

Application to Stock Exchange

Developing the Merchant Bankers and Investors

Addressing Analyst queries and Investor concerns

Treasury Management: To manage cash, investments, and credit lines to reduce financial risks

Liquidity management: Monitoring and maintaining cash flow and short-term investments

Risk management: Identifying, measuring, and managing risks that could impact the business

Investment management: Optimizing investment returns

Credit management: Evaluate creditworthiness, Set clear limits and terms, Develop a credit policy and maintaining credit lines

Loan funding: to support business strategy by funding revenue generation, maintaining cost-effectiveness and ensuring compliance with regulations

Banking management: Managing relationships with banks

Stakeholder and Investor Management:

Identifying stakeholders: Recognizing all individuals or groups with a stake in the company, including shareholders, employees, customers, suppliers, community members, government agencies, and environmental groups. 

Analyzing stakeholder needs: Understanding the concerns, expectations, and priorities of each stakeholder group to tailor communication and engagement strategies accordingly. 

Prioritizing engagement: Determining which stakeholders require the most attention based on their influence and potential impact on the company. 

Communication plan: Establishing clear channels and methods for communicating with stakeholders, including regular updates, reports, and feedback mechanisms. 

Investor relations: Specifically focusing on managing relationships with shareholders and potential investors, providing financial information, and addressing their inquiries

Team leadership:

Foster open and honest communication

Create collaborative goals

Celebrate team successes

Allow team members to problem solve

Provide adequate resources and training

Build strong one-on-one relationships

Build respect

Promote communication and collaboration

Create a culture for debating ideas

• Skills:
• Strong expertise in financial strategy, corporate finance, accounting, budgeting, financial analysis, Credit Line and Loan funding.
• In-depth knowledge of financial regulations, risk management, and compliance requirements.
• Proven track record of leading financial transformations, cost management, and revenue growth.
• Expertise in financial planning and analysis, cash flow management, and capital budgeting.