Senior Strategy & Innovation Associate

Anonymous Employer

Job Summary

The Senior Strategy & Innovation Associate will focus on strategic initiatives consistent with the bank’s ambition to be a highly respected provider of quality banking services. This entails identification, prioritization and implementation support for prioritized efforts as well as special projects deemed to be critical to the bank’s long- term success. Innovation is a key thrust to realizing the bank’s strategic objective and the strategy manager/innovation lead role is primarily responsible for driving our Bank’s innovation agenda in collaboration with the Head of Strategy and related businesses (e.g. Retail Bank) and functions (e.g. Operations) and support incremental efforts across the bank’s network. In this capacity, he/she is expected to support various stakeholders in research, benchmarking, analysis and evaluation of options, and recommendation and business case development. He/She will also support communication and change management around these efforts as needed working with leadership and relevant stakeholders including corporate affairs and communications, HR, Finance, etc.

  • Minimum Qualification: Degree
  • Experience Level: Mid level
  • Experience Length: 6 years

Job Description/Requirements


Duties And Responsibilities

• Develop and implement short/long term strategies for the bank and/or business groups

• Define and develop strategic initiatives with focus on research, analysis and recommendation development

• Translation of the bank’s long-term strategy for the annual strategic review/refresh cycle

• Develop recommendations for senior management on high-priority initiatives based on thorough review of business drivers

• Facilitate project management for implementation of strategic initiatives across the bank to materially improve effectiveness and performance of the bank

• Develop reports/presentations for the Board and senior management including research related to macroeconomic indicators, banking industry and relevant policies, competitive landscape, emerging trends, market sectors, etc.

• Coordinate and supervise detailed competitive, market, trend, economic and financial analysis to inform strategic decisions

• Conduct quarterly/annual business review sessions

• Develop innovation framework to be implemented by the bank

• Drive innovation across the bank – execution in line with agreed innovation framework

• Leverage innovation to further drive and embed transformation across business and functions

• Assess and identify priority areas for innovation and develop strategic and innovative recommendations for near term and long term benefit

• Cultivate effective collaboration and partnerships with internal and external stakeholders to ensure delivery of strategic initiatives and innovation (Key internal stakeholders include Business units – Retail, Commercial, Corporate, Technology, Operations, HR, Corporate Communications)


Key Performance Indicators

 Positive appraisal from Unit Head of Strategy & Innovation, Champions, EXCO and other relevant stakeholders

 Execution of specific projects as assigned and achievement of key metrics set by the CEO

 Execution of projects within agreed timelines, budget and desired outcomes

 Timely submission of high quality reports to relevant committees/CEO/Board.

 Successful implementation of the innovation framework across the bank in line with agreed timelines and budget

 Collaboration with internal and external stakeholders for the successful execution of key strategic initiatives.

 Positive performance using to-be established innovation scorecard/metrics for the bank


Job Requirement

 Minimum education level – First degree with minimum of 2nd class upper

 Second degree in related field will be an added advantage

 Membership of relevant professional body is mandatory

 A minimum of six (6) years relevant experience with a minimum of 3 years in financial services and/or /audit consulting firm.


Key Competency Requirements

Knowledge

 Working knowledge of UBNs business offerings

 Working knowledge of strategy, process improvement, business analysis

 Good knowledge of Banking & Financial services landscape in Nigeria

 Understanding of emerging trends and best practices


Skills/Competencies

 Strong analytical and business case development

 Strategic thinking and structured problem solving

 Excellent communication skills (oral and written)

 Presentation skills

 Project Management

 Interpersonal Relationship Management

 Documentation/Reporting Skills

 Good Relationship management skills

 General managerial/ administration

 Leadership capabilities

 Attention to detail

 Natural curiosity with consistent drive to learn and push the envelope.

Thinks outside the box and dares to always be different

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