Strategic Business Development Manager

1 week ago


Singapore Sumitomo Mitsui Banking Corporation Full time

About Us

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Sumitomo Mitsui Banking Corporation is accelerating its Asia-centric strategy, promoting the sustainable growth of its group companies in growing markets. This role will be responsible for developing and implementing business strategies for the India Division.

Job Summary

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This position reports to the MD and Head of Planning, India Division. The primary responsibility is to support strategy formulation and day-to-day execution of immediate to mid-term plans set out by management. Key responsibilities include developing the strategy for India Division, overseeing strategic planning, aligning business unit strategies across the organization, and supporting strategic initiatives.

About the Role

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The successful candidate will work across APAC and Head Office, especially with LOD 2.0 and 3.0 teams, to refine governance, policy, and accountability during the initial establishment years. The goal is to ensure consistency of standards that are similar to those expected for banking entities and NBFI operating in India.

Key Responsibilities

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  • Support development and implementation of business strategies for India Division, ensuring alignment and effective planning across all business units.
  • Lead project management efforts, ensuring compliance with timelines, budgets, and deliverables while promoting cross-functional collaboration for improved communication and coordination.
  • Conduct regular strategic environmental scans to assess their impact on the overall organization strategy.
  • Support the strategy management process across all levels of the organization and coordinate efforts with other units.
  • Establish a comprehensive performance evaluation framework for India Division.
  • Develop and implement performance evaluation frameworks, conducting annual evaluations.
  • Track the success of strategic initiatives, implement key performance indicators (KPIs), and generate insights and reports to assess overall business performance.

Requirements

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  • Bachelor's degree with minimum 7-10 years of work experience in the banking industry with experience in business management and performance management.
  • Experience in retail/wholesale and digital banking in regional markets such as Indonesia, Philippines, India, and Vietnam is an advantage.
  • Possess sound commercial sense in understanding business considerations with a keen interest in enhancing business value propositions.
  • Excellent organizational skills and time management with the ability to process multiple tasks simultaneously with attention to detail and timeliness.
  • Strong interpersonal and communication abilities (verbal and written) including excellent presentation skills, effective cross-cultural communication, and stakeholder management capabilities.
  • Strong collaboration and team playing abilities, with an ability to work with cross-functional teams across different countries while possessing the ability to work independently.
  • Proactive with adaptability to change, and ability to implement innovative and value-adding solutions.
  • Possess quantitative analytical, project management, and critical thinking skills.
  • Proficiency in MS Office (Word, PowerPoint, and Excel).
  • Proficiency in Japanese is preferred as this role needs to create reports to the Japanese Financial Service Agency and liaise with Head Office in Tokyo.


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