Overview

Group Strategy and Transformation Office Division

Vice President Strategic Planning & Innovation – (240001RK)

Description

 

We are seeking a highly motivated individual to join us in the OCBC Strategic Planning Office to support developing and implementing bank-wide strategic initiatives and innovation. It includes development and review of growth, diversification, and financial business plans. It also involves in aligning objectives with human capital and financial resources. 

Key responsibilities:

  • Developing long-term vision and direction: Responsible for creating and communicating a clear vision for the organization’s future growth and success. This may involve conducting market research and analysis, identifying key trends and opportunities, and setting strategic goals and objectives.
  • Supporting strategic planning: Supporting the development of the organization’s strategic plan, which outlines the actions and resources needed to achieve the organization’s goals. This may include identifying and prioritizing initiatives, allocating resources, and establishing metrics to measure progress.
  • Communicating and aligning strategy: Effectively communicate the organization’s strategy to senior management, employees, and other stakeholders and ensure that all levels of the organization are aligned with and working towards the same goals.
  • Leading cross-functional teams: Responsible for leading cross-functional teams to implement strategic initiatives and projects and ensuring that they are completed on time and within budget.
  • Managing risks and challenges: Stay updated on industry best practices, emerging trends, and regulatory changes that may impact the organization’s strategic direction to achieve its goals. and develop contingency plans as needed.
  • Monitoring and reporting on progress: Responsible for monitoring the progress of the organization’s strategic initiatives and reporting on results to senior management and other stakeholders by developing key performance indicators (KPI) and reporting metrics. They may also be responsible for adjusting the strategy as needed based on changing market conditions or other factors.

 

Qualifications

 

Requirements: 

  • Bachelor’s degree in business administration, Finance, Economics or a related field (MBA preferred).
  • At least 7-10 years of experience in strategic planning, innovation, business development, program management or management consulting. 
  • Experience in building new business models/segments or channels.
  • Experience in working with different cultures and region (i.e. countries) an added advantage.
  • Strong understanding of financial concepts and be able to analyze and interpret complex financial data to inform strategic recommendations and decision-making.
  • Good interpersonal and communication skills, with the ability to influence and collaborate with stakeholders at different levels.
  • Ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.

 

Primary Location

: Singapore

Job

: Corporate Strategy & Business Transformation

Organization

: Group Strategy and Transformation Office Division

Schedule

: Permanent

: Full-time

Job Posting

: 02-Dec-2024, 10:39:34 AM

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About OCBC Bank

OCBC is the longest established Singapore bank, formed in 1932 from the merger of three local banks, the oldest of which was founded in 1912. It is now the second largest financial services group in Southeast Asia by assets and one of the world’s most highly-rated banks, with an Aa1 rating from Moody’s. Recognised for its financial strength and stability, OCBC is consistently ranked among the World’s Top 50 Safest Banks by Global Finance and has been named Best Managed Bank in Singapore by The Asian Banker.

OCBC and its subsidiaries offer a broad array of commercial banking, specialist financial and wealth management services, ranging from consumer, corporate, investment, private and transaction banking to treasury, insurance, asset management and stockbroking services.

OCBC’s key markets are Singapore, Malaysia, Indonesia and Greater China. It has more than 570 branches and representative offices in 19 countries and regions. These include about 300 branches and offices in Indonesia under subsidiary Bank OCBC NISP, and over 90 branches and offices in Mainland China, Hong Kong SAR and Macau SAR under OCBC Wing Hang.

OCBC’s private banking services are provided by its wholly-owned subsidiary Bank of Singapore, which operates on a unique open-architecture product platform to source for the best-in-class products to meet its clients’ goals.

OCBC's insurance subsidiary, Great Eastern Holdings, is the oldest and most established life insurance group in Singapore and Malaysia. Its asset management subsidiary, Lion Global Investors, is one of the largest private sector asset management companies in Southeast Asia.