VP - GOS -Transformation

About Us: MUFG Bank, Ltd. is Japans premier bank, with a global network spanning in more than 40 markets. Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to businesses, governments, and individuals worldwide. MUFG Banks parent, Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the worlds leading financial groups. Headquartered in Tokyo and with over 360 years of history, the Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing. The Group aims to be the worlds most trusted financial group through close collaboration among our operating companies and flexibly respond to all the financial needs of our customers, serving society, and fostering shared and sustainable growth for a better world. MUFGs shares trade on the Tokyo, Nagoya, and New York stock exchanges. For more information, visit https://www.mufg.jp/english MUFG Global Service Private Limited: Established in 2020, MUFG Global Service Private Limited (MGS) is 100% subsidiary of MUFG having offices in Bengaluru and Mumbai. MGS India has been set up as a Global Capability Centre / Centre of Excellence to provide support services across various functions such as IT, KYC/ AML, Credit, Operations etc. to MUFG Bank offices globally. MGS India has plans to significantly ramp-up its growth over the next 18-24 months while servicing MUFGs global network across Americas, EMEA and Asia Pacific About the Role Position Title: Head of GOS Transformation Corporate Title: Vice President / Director Reporting to: Managing Director Location: Bengaluru Job Profile Purpose of Role: The purpose of the role of Head of GOS Transformation is to drive and oversee the strategic changes of Global Operations and Services (GOS). This role involves leading teams in the implementation of multiple key systems including core banking systems i.e. T24, GPP, Loan IQ and other technologies, regulatory demands, enhancing operational efficiency, reducing costs, and improving customer experiences. This role with collaborate closely with IT, Technology, and Operations teams to align transformation initiatives with business goals, while ensuring compliance and managing risks throughout the transformation journey. Main Responsibilities: Develop and drive the strategic roadmap for Global Operations & Services (GOS) transformation, aligning it with the overall business objectives and technological advancements. Lead the BA teams in India to achieve smooth migrations of system transitions, changes by liaising closely with all the relevant key stakeholders. Lead initiatives to optimize and transform GOS, ensuring scalability, efficiency, and alignment with regulatory requirements. Collaborate closely with IT and Technology teams to integrate new technologies, such as automation, artificial intelligence, and blockchain, into operational processes. Ensure that technology initiatives are aligned with operational needs and that systems are implemented effectively and securely. Oversee the adoption of digital tools and platforms to enhance operational efficiency and customer service. Lead the planning and execution of operations transformation projects, focusing on improving end to end processes, reducing costs, and increasing operational efficiency. Work with cross functional teams to design and execute process reengineering projects, ensuring they meet both current and future business needs. Act as the primary liaison between operations, IT, and technology teams, ensuring clear communication and alignment on transformation objectives. Manage relationships with key stakeholders, including senior management, to ensure support for transformation initiatives. Ensure that all transformation initiatives comply with regulatory requirements and internal policies. Identify and mitigate risks associated with operational change sand technology implementations. Oversee the allocation of resources for transformation projects,ensuring that teams have the necessary skills and tools to succeed. Manage budgets and ensure that transformation initiatives are delivered on time and within budget. Establish key performance indicators (KPIs) to measure the success of transformation initiatives. Geographies to be covered APAC,EMEA and USA Candidate Profile Skills & Knowledge: (e.g., Capability, Traits required for the role) Ability to develop and communicate a strategic vision for operational transformation, aligning it with the broader organizational goals. Expertise in leading large-scale transformation initiatives, including managing resistance and fostering a culture of innovation hands on experience in migrating systems, Core banking for Asian/European or American markets. Strong understanding of emerging technologies like AI, machine learning, RPA, and blockchain. Ability to work closely with Operations, IT and technology teams Experience in managing large budgets Strong ability to articulate complex transformation strategies and progress to senior leadership Understanding of the regulatory landscape in banking, including knowledge of local and global regulations effecting banking operations. Strong analytical skills to diagnose operational challenges and develop innovative solutions. Education & Professional Qualifications: Graduate or Postgraduate (with good domain expertise in financle / flexcube or T24 systems). Length & Type of Experience: Minimum of 15 years of relevant experience in banking industry Equal Opportunity Employer: The MUFG Group is committed to providing equal employment opportunities to all applicants and employees and does not discriminate on the basis of race, colour, national origin, physical appearance, religion, gender expression, gender identity, sex, age, ancestry, marital status, disability, medical condition, sexual orientation, genetic information, or any other protected status of an individual or that individual's associates or relatives, or any other classification protected by the applicable laws

Location: bangalore, IN

Posted Date: 11/22/2024