I. POSITION DESCRIPTION

JOB TITLE

Specialist – Functions Strategy

GRADE

SM

DEPARTMENT

Head of Strategy & Transformation

LOCATION

HO

SUB-DEPARTMENT

Strategy & Key Initiatives

TYPE OF POSITION

Full-time

REPORTS TO

National Manager - Strategy

REPORTING INTO

NA

II. ROLE PURPOSE & OBJECTIVE

1. Support creation and periodically modification of bank's medium to long-term strategy ensuring seamless translation of strategic objectives into actionable business plans and measurable outcomes across all business verticals.

- To identify, plan, and support execute strategic initiatives that drive towards organizational vision and regulatory requirements.
- Ensure envisioned outcomes of the identified initiatives are achieved within desired timelines.
- Monitor and report on key performance indicators to measure the success of strategic initiatives

III. SIZE OF THE ROLE

FINANCIAL SIZE

NON-FINANCIAL SIZE

· Assets Book size: 32000+ Cr.

· Liabilities: 36,000+ Cr.

· Number of portfolio products: 20+

IV. KEY DUTIES & RESPONSIBILITIES OF THE ROLE

1. Business/ Financials

- Support the annual strategic planning exercise across businesses and quarterly strategy reviews

- Monitor strategic initiative budgets and provide variance analysis to senior management
- Oversee the conduct of in-depth market research and competitive analysis to identify growth opportunities and potential threats.
- Analyze industry trends, best practices and competitive landscape to guide strategic thinking and decisions.
- Planning and executing the banks initiatives for process optimization and TAT readiness.
- Digital transformation initiatives to achieve high technology-low-cost operations

2. Customer (Both Internal & External)

- Foster relationships with key stakeholders, including management and team members
- Create customer experience enhancement initiatives
- Coordinate with industry associations, fintech partners, and technology vendors for strategic initiatives

3. Internal Process

- Management presentations on strategic initiatives and market developments





- Collaborate extensively internally to ensure the Bank’s strategy is effectively structured and embedded so that teams and colleagues know how they contribute to the Bank’s overall objectives.
- Establish governance frameworks for strategic initiatives, ensuring that all new initiatives are monitored for success and aligned with the bank’s strategic priorities.
- Collaborate effectively with Finance team to ensure robust monitoring and reporting of the Bank’s progress against its objectives.
- Develop performance management frameworks to monitor strategic initiatives across business verticals, ensuring timely and effective execution.
- Provide feedback on required analysis to advance solution development and to support execution of strategic initiatives, digital growth and data-based decisions in day to day working of the bank
- Analyze risks and complex issues to provide strategic guidance & efficient solutions.
- Ensure timely submission of all regulatory reports with zero non-compliance instances

4. Innovation & Learning

- Research industry best practices and emerging trends

- Support organizational transformation and change management initiatives
- Promote a culture of innovation and data orientation across the bank by encouraging teams to develop creative solutions for business challenges.
- Foster collaborative working relationships across departments and regions

1. MINIMUM REQUIREMENTS OF KNOWLEDGE & SKILLS

Educational

Qualifications

Essential: Master's degree in Business Administration (MBA) from reputed institution with specialization in Strategy, Finance, or Banking

Preferred: Additional professional qualifications such as CFA, CA, or equivalent

Alternative: Master's in Economics, Finance,



or related field with demonstrated strategic experience

Experience Range (Years and Core Experience Type)

Minimum: 8-12 years of progressive experience in banking, financial services, or strategic consulting.

Certifications

Certifications in Strategic Planning, Digital Transformation or Business Analytics will be advantageous

Functional Skills

· Financial Analysis: Advanced financial modeling, ratio analysis, and performance measurement

· Strategic Planning: Business plan development, competitive analysis, and market research

· Data Analytics:Proficiency in data-driven decision making and analytics tools

· Regulatory Knowledge: Deep understanding of RBI guidelines, banking regulations, and compliance requirements

· Project Management: Experience managing complex, multi-stakeholder strategic initiatives

Behavioral Skills

· Strategic Thinking: Ability to analyze complex business scenarios and develop long-term solutions

· Communication: Excellent presentation and stakeholder management skills for board and senior management interactions

· Leadership: Strong team-oriented leadership style to influence without direct authority

· Analytical Mindset: Data-driven decision making with attention to detail and accuracy

· Adaptability: Ability to thrive in fast-paced, regulatory environment with changing priorities

Competencies

· Business Acumen: Understanding of banking business models, revenue drivers, and risk factors

· Stakeholder Management: Building relationships across internal teams and external partners

· Problem Solving: Systematic approach to identifying issues and developing actionable solutions

· Change Management: Leading organizational transformation and strategic initiatives

2. KEY INTERACTIONS

INTERNAL

EXTERNAL

· Bank-wide Committees on Products, Processes & Governance

· All Vertical / Functional Heads

· IT Project Teams

· Functional Product Teams

· Industry Forums (CII, IBA, SFB Associations etc.) / Consortiums

· Consultants

· Vertical Heads of Technology Vendors and Fintech Partners

📌 Specialist Functional Strategy (Bengaluru)
🏢 Ujjivan Small Finance Bank
📍 Bengaluru