Head of BFSI

Company DescriptionCNS 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.Job DescriptionA 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 & ResponsibilitiesStrategic 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. QualificationsEducationBachelor’s degree in finance, Business Administration, or a related fieldMaster’s degree (Desired)Experience10+ years in the BFSI sector with a track record of leadership and resultsSkills & AbilitiesIn-depth knowledge of marketing techniques and best practicesStrong understanding of financial markets, products, and servicesExcellent communication, negotiation, and interpersonal skillsProficiency in regulatory compliance and risk managementStrategic thinking and decision-making abilitiesLeadership and team management skillsAdditional InformationCompliance with policies and procedures based on the ISO standards adopted by CNS.