Key Responsibilities Of The Business Management Function
Business Strategy and Growth
Act as a trusted advisor and counterweight to Business Head
Partner with Americas Custody Business Head & Sales Team to develop Segment Strategy for the business
Partner with Americas Custody Business Head to develop the proposed optimal
Organisation structure for the business to execute against the strategy and secure resources as needed
Own and ensure delivery of strategic business initiatives
Align front office teams and support groups to business priorities
Ensure business strategy considers market structure and regulatory changes
Business case development and validation
New Business Initiatives
Support NBIA process for all Americas Custody related initiatives
Business Performance and Planning
Lead annual business budget process (in conjunction with Product Controllers and P&A)
Ensure optimal resource budgeting and allocations to achieve business priorities
Oversee investment / productivity initiatives across the end-to-end business to achieve multi-year targets
Develop ad-hoc analytics to help the business better understand and manage its costs, risks, capital usage, pricing, growth opportunities, etc.
Partner with Product Control and P&A to provide timely, accurate, and thorough information on variances and Risks & Opportunities to BudgetProduct
Deep Dives and ReviewsComplete in-depth reviews as required
GovernanceEnsure the appropriate governance structure is set up in the region to provide required oversight of the businessFeed into appropriate
Global governance forums
Management Reporting
Compile and lead monthly Business reviews
New business tracking / Scribe validationAnalyze and report on client, segment, region, and product profitability
Generate key performance indicators
Track and report progress against business/sales strategy
Regulation, Risk and Controls
Understand the impact of new regulations on the business and how that may impact the business strategy
Provide financial data in support of regulatory requests
Provide business overviews and updates for Product meetings with RegulatorsRecovery and ResolutionLead for Custody & Fund Services for Global Resolution & Recovery plan, feeding into overall firm-wide plan
Annual review and update of the plan
Enhancements to the plan driven by Fed feedback and firm-wide direction
Develop and test detailed playbooks for resolution scenariosAd Hoc / General Business Management Support
Qualifications
Prior experience in a Business Management role
5+ years experience in wholesale / corporate / investment banking
Experience with Custody product a plus
Strong track record in finance and accounting, working towards a professional accounting qualification a plus
Excellence in execution
A self starter who is able to operate autonomously and in a different location to their direct manager , ability to face of to senior people in the WHEM region,
demonstrates a willingness to take initiative and work independently, a problem solver
Demonstrated ability to influence business leaders and partner well, particularly as part of a global business
Commercial acumen
Ability to understand and grow the strategic business vision; focus on improving the bottom line
Effective communicator
Ability to create logical and conclusive presentations, distilling complex subject matter into management-ready materials
Sound judgment, professional maturity and personal integrity, strong work ethic, proactive and results-oriented outlook, possess courage to ask tough questions and challenge the status quo
Strong attention to detail
Great team player
Able to collaborate across lines of businesses and work with central/corporate organizations, building a strong network
Expert Microsoft PowerPoint and Excel skills
