BFSI Business Unit Head
1 week ago
CNS (Computer Network Systems) is a technology company in the middle-east & has over 30 years of successful achievements and long-term partnerships with distinct customers across the region.
We are an IT distributor & our expertise are in Banking & Financial Service Insurance, Technology Enablement, IT Outsourcing, Cyber security, Digital Infrastructure, Hybrid Cloud, Digital Workplace, Customer Experience, Digital Transformation, and Block Chain.
We are a Part of the Ghobash Group of Companies, CNS spread across the region with offices in Abu Dhabi, Dubai, Oman, and Kuwait providing a holistic approach that covers all aspects of information communication technology system integration, consultancy, operation, managed services, and IT outsourcing.
CNS also has state-of-the-art network operation centers in Abu Dhabi and Dubai that develop in-house software and applications providing end-to-end solutions to our customers and partners.
Job DescriptionA BFSI (Banking, Financial Services, and Insurance) Business Unit Director is a senior leadership role responsible for the strategic leadership, growth, and profitability of a specific business unit within the organization.
This role involves setting and executing the business unit's strategic objectives, managing a team, and ensuring compliance with industry regulations.
Job Responsibilities:
Strategic Planning:
Develop and execute a comprehensive business unit strategy aligned with the organization's overall goals and objectives
Financial Management:
Manage the financial performance of the business unit, including budgeting, forecasting, and achieving revenue and profit targets
Team Leadership:
Lead and motivate a team of managers and professionals, fostering a high-performance culture and ensuring the team's productivity and development
Product and Service Development:
Oversee the development and enhancement of financial products and services offered by the business unit, ensuring they meet customer needs and regulatory requirements
Risk Management:
Implement effective risk management strategies to mitigate operational, financial, and compliance risks within the business unit
Compliance and Regulation:
Ensure the business unit complies with all industry regulations, policies, and procedures, and stay updated on changes in regulations affecting the BFSI sector
Customer Relationship Management:
Build and maintain strong relationships with key clients and stakeholders, addressing their needs and concerns
Market Analysis:
Continuously monitor market trends, competitor activities, and customer feedback to identify opportunities and threats, adjusting strategies accordingly
Performance Metrics:
Establish key performance indicators (KPIs) and metrics to measure the business unit's performance, regularly reporting to senior management
Technology Adoption:
Stay current with technological advancements in the BFSI sector and assess their relevance to the business unit's operations.
Qualifications10+ years in the BFSI sector with a track record of leadership and results.
Bachelor's degree in Finance, Business Administration, or a related field (Master's degree preferred).In-depth knowledge of marketing techniques and best practices.
Strong understanding of financial markets, products, and services.Excellent communication, negotiation, and interpersonal skills.
Proficiency in regulatory compliance and risk management.
Strategic thinking and decision-making abilities.
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BFSI Business Unit Head
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