Deputy Chief Executive Officer (DY CEO) - Banking Industry
BrighterMonday Consulting
Management & Business Development
Job Summary
The banking industry's Deputy Chief Executive Officer (DY CEO) is a critical leadership position, working in tandem with the Chief Executive Officer (CEO) to oversee the bank's overall operations. This role plays a pivotal part in executing the bank's strategic initiatives, managing day-to-day operations, and ensuring the achievement of financial goals. The DY CEO is responsible for providing strong leadership, facilitating cross-functional collaboration, and assisting the CEO in driving the bank's success.
- Minimum Qualification: Bachelor
- Experience Level: Executive level
- Experience Length: 10 years
Job Description/Requirements
Location: Uganda
Key Responsibilities
• Strategic Planning and Execution:
- Collaborate with the CEO and executive team to develop and execute the bank's strategic plan.Drive the implementation of key strategic initiatives, ensuring alignment with organizational goals.
• Operational Oversight:
- Oversee various operational functions, including retail banking, lending, risk management, compliance, and customer service. Monitor the efficiency and effectiveness of operational processes and make improvements as necessary.
• Financial Management:
- Assist the CEO in managing the bank's financial performance, including budgeting, forecasting, and financial analysis. Identify opportunities for revenue growth and cost optimization.
• Risk Management:
- Play a key role in identifying, assessing, and mitigating risks across the organization. Ensure that risk management practices adhere to regulatory requirements and industry best practices.
• Regulatory Compliance:
- Collaborate with the compliance team to ensure the bank's operations comply with all relevant laws and regulations. Assist in responding to regulatory inquiries and audits as needed.
• Leadership and Team Management:
- Provide leadership and mentorship to department heads and other key executives. Promote a culture of teamwork, accountability, and continuous improvement.
• Customer and Stakeholder Relations:
- Support efforts to enhance customer satisfaction and strengthen relationships with key stakeholders. Engage with customers, shareholders, and regulators as needed.
• Technology and Innovation:
- Stay updated on emerging technologies and industry trends. Work with the technology team to assess and implement digital transformation initiatives.
• Reporting:
- Assist the CEO in preparing and presenting regular reports to the board of directors, shareholders, and other stakeholders.
Qualifications:
- Bachelor's degree in finance, economics, business administration, or a related field (Master's degree preferred).
- A minimum of 10 years of progressive experience in the banking industry, with a focus on leadership roles.
- Strong understanding of banking regulations, compliance, and risk management.
- Excellent financial and analytical skills.
- Exceptional communication, negotiation, and interpersonal skills.
- Proven ability to lead and inspire cross-functional teams.
- Strategic thinker with the ability to execute plans effectively.
- Experience in mergers and acquisitions (M&A) and change management is a plus.
How to apply.
All applications will be received and Reviewed through Brightermonday Portal by Clicking on the 'Apply Here ' section
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