Head of BFSI

CNS is a technology company that powers the future by providing digital solutions essential to support all enterprise and human development. While growing and managing a robust pool of supplier-partners for the benefit of our clients has always been a priority, we are constantly re-inventing ourselves.
Founded in 1987 with more than 30 years of experience, CNS employs over 320 employees including more than 250 certified engineers. We offer in-depth expertise and a range of best-in-class products that support the digital transformation of all major industries. With offices in three countries, we have an extensive reach into, and regional knowledge of the Middle East markets.
A shift into levering our many years of experience to develop pioneering software in-house will add yet another dimension to our highly innovative solutions-portfolio.

A BFSI (Banking, Financial Services, and Insurance) Head 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.

DUTIES & 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.

Education

• Bachelor’s degree in finance, Business Administration, or a related field
• Master’s degree (Desired)

Experience

10+ years in the BFSI sector with a track record of leadership and results

Skills & Abilities

• 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
• Leadership and team management skills

Compliance with policies and procedures based on the ISO standards adopted by CNS.