Kotak Mahindra Bank – Financial Planning & Analysis Role – CA

Kotak Mahindra Bank; Mumbai; On-site; INR 1,400,000 - 1,900,000; Full time

Job summary

A leading financial services provider in Mumbai is seeking a Financial Planning & Analysis professional. The role involves strategic financial planning, data analytics, and market analysis to drive decision-making. Ideal candidates should have a CA or MBA background, experience in consumer banking, and strong analytical skills. This role plays a crucial part in developing insights that influence corporate strategy and operational efficiency.

Qualifications

• CA rank holders and/or MBA from premier institutes are preferred.
• Experience in consulting in consumer banking is an advantage.
• Strong work ethic with the ability to manage multiple projects.

Responsibilities

• Provide insights and recommendations on market trends.
• Support the preparation of the bank's strategic plan.
• Analyze industry benchmarks for competitive positioning.
• Leverage data analytics for financial planning.
• Benchmark industry performance and advise on product development and market expansion.
• Utilize data analytics alongside financial data to inform decisions.

Skills

Financial services expertise

Communication skills

Analytical skills

Team collaboration

Problem-solving

Team Collaboration

Problem-Solving

Stakeholder Management

Advanced Excel

PowerPoint

Education

CA or MBA

MBA

Tools

Excel

PowerPoint

Job description

Financial Planning & Analysis Role

Role Specification:

• CA or MBA with experience in the financial services / Banking domain
• Outstanding track record of academic achievement with excellent communication skills
• CA rank holders and / or MBA from premier institutes
• Experience in consulting in consumer banking, broader financial services sector, would be an advantage
• Superior articulation, analytical and problem‑solving skills, with demonstrated intellectual and analytical rigor, attention to detail and ability to carry out sophisticated financial modelling
• Advanced proficiency in Excel and PowerPoint
• Ability to synthesize data into meaningful conclusions and recommendations
• Broad financial acumen including a strong foundation in corporate finance principles
• Strong work ethic, ability to proactively manage multiple high priority projects and work effectively in team
• Temperament to work in cross‑functional teams and ability to interact and co‑ordinate with other businesses, teams and individuals for execution

Key Competencies:

• Strategic Thinking
• Financial Acumen
• Analytical Skills
• Attention to Detail
• Communication Skills
• Team Collaboration
• Problem‑Solving
• Stakeholder management

Job Purpose:

The Strategy / Business analyst shall play an important role in the consumer bank. They would drive the strategic thinking and enable sharp decision‑making through granular operating and financial analysis. Responsible for analysing market trends, economic environment, industry best‑practices, identifying and evaluating ideas to improve the performance viz., revenue growth, cost efficiency, productivity improvement etc. Contribute to the development of a new financial and operating data architecture proposed to be designed to function as an advanced analytics tool, providing accurate recommendations to guide business decisions.

Area Key Accountabilities / Responsibilities:

• Strategic Financial Planning : Provide insights and recommendations to senior management on market trends and economic forecasts that impact strategic decisions.
• Support the preparation of the bank’s strategic plan, including financial modelling, scenario analysis, and risk assessment.
• Collaborate with senior leaders and work on projects to enable growth, cost‑efficiency, productivity enhancement etc.
• Market and Competitor Analysis: Competition analysis to identify trends, risks, and opportunities.
• Analyze industry benchmarks and provide insights on how the Bank can enhance its competitive position.
• Provide strategic recommendations based on market analysis to support product development and market expansion initiatives.
• Data Analytics and Business Intelligence: Leverage operating data using analytics alongside financial data to identify trends, patterns, and insights that inform financial planning and strategy.