Business Finance

About SVC Bank

SVC Co-operative Bank Ltd., formerly known as The Shamrao Vithal Co-operative Bank Ltd., is a trusted institution with a legacy of over 118 years and counting.

We are one of the leading Multi-State Scheduled Urban Co-operative Banks, with a network of 200 branches spread across 11 States in India. For more details, please visit our website: www.svcbank.com

Job Opportunity

We are seeking experienced and qualified professionals to join us as Assistant Manager / Manager / Senior Manager - Business Finance (Financing Planning & Analysis) at our Mumbai Head Office.

Position Details

Position: Assistant Manager / Manager / Senior Manager - Business Finance (Financing Planning & Analysis)

Location: Santacruz East, Mumbai

Eligibility Criteria

• Qualification: Chartered Accountant and active member of The Institute of Chartered Accountants of India (ICAI).

• Experience: Minimum 4+ years of post-qualification experience as a Chartered Accountant in a regulated financial institution, preferably in any Bank.

Key Responsibilities

The successful candidate will be responsible for:

• Bank Budget and Performance monitoring.

• Branch Business and P&L Budgets and Performance monitoring.

• Segment Business / P&L Budgets Performance monitoring.

• Product-wise P&L Budgets and Performance monitoring.

• Co-ordination / communication with Branches / departments for various data collation and analysis.

• Peer Bank Analysis – Balance Sheet, P&L, Key Ratio analysis.

• Branch Key Parameter Monthly Analysis: CASA, CASA AMB, Advances (Retail / Wholesale), Processing Fees, Locker Occupancy; etc.

• Annual Awards – Branch ranking on key parameters.

• Cost Benefit Analysis (need based).

• Review and analysis of Merger / acquisition proposals (need based)

• Co-ordination for Annual Business Plan – from Finance perspective (to be submitted to the RBI)

• Analysis of RBI Circulars / notifications

• Co-ordination for LTSB / PNCPS / Capital augmentation from Finance perspective

• Co-ordination for CEF from Finance perspective

• Review of RBI Returns

• Submissions / Compliance to CERMO

• Review and analysis of Loss Making Branches Finance perspective.