Senior Manager

Indypay Technologies; Mumbai; On-site; INR 2,500,000 - 5,000,000; Full time

Job summary

Indypay Technologies in Mumbai is seeking a Senior Manager/Lead to design and implement advanced finance frameworks including FTP, ABC costing, and RAROC, guiding profitability across products, branches, and customer segments. You will partner with treasury, ALM, and IT to build data governance, automate profitability feeds, and deliver executive dashboards for strategic decision-making.

Requires 12+ years in banking finance; CA/CFA/MBA in Finance; strong leadership and cross-functional

Qualifications

• CA, CFA, or MBA in Finance from a reputed institute.
• 12+ years of progressive banking finance/ALM experience.
• Proven track record in FTP, ABC, and RAROC methodologies.

Responsibilities

• Build, refine, and implement FTP framework and Cost Allocation models in collaboration with finance, treasury, and business teams.
• Develop multi-dimensional profitability reporting including Product, Branch, Segment, and Customer Profitability views; implement RAROC frameworks.
• Define data governance for monthly/quarterly profitability reporting and automate profitability feeds and data pipelines.

Skills

Fund Transfer Pricing

Cost Allocation

RAROC Modeling

ABC Costing

Balance Sheet Mgmt

Data Analytics

Stakeholder Management

Education

Chartered Accountant (CA)

CFA Charterholder

MBA in Finance

Tools

Oracle OFSAA

SAP Financial Services

QRM

SAS

Job description

Job Description: Senior Manager / Lead

Finance Transformation & Management Accounting

Function: Finance / Management Accounting / ALM

Location: [Insert City/Country]

Experience: 12+ Years

Qualification: Chartered Accountant (CA), CFA, or MBA in Finance

Position Overview

We are seeking a highly accomplished Bank Finance Professional with over 12 years of experience to lead and enhance our financial management framework. In this role, you will be responsible for designing and implementing robust Fund Transfer Pricing (FTP) frameworks, cost allocation models, and Risk-Adjusted Return on Capital (RAROC) methodologies. You will work closely with senior leadership and cross-functional teams to deliver comprehensive profitability insights across products, branches, and customer segments, driving strategic decision-making and optimal capital allocation across the bank.

Key Responsibilities

1. FTP & Cost Allocation Frameworks

   Build, refine, and implement the Fund Transfer Pricing (FTP) framework and Cost Allocation models in collaboration with the Banks finance, treasury, and business teams.

   Establish clear policies and principles for internal pricing of assets and liabilities to align business incentives with treasury and ALM strategies.

   Design activity-based costing (ABC) or driver-based models to ensure accurate allocation of direct and indirect overhead costs across business lines.

2. Profitability Analysis & RAROC Modeling

   Produce multi-dimensional profitability reporting, including Product, Branch, Segment, and Customer Profitability views.

   Develop, implement, and monitor Risk-Adjusted Return on Capital (RAROC) frameworks by segment to support risk-informed pricing and capital management decisions.

   Provide strategic analytical insights to senior management on margin drivers, yield analysis, and cost-to-serve dynamics.

3. Data Governance & Monthly Reporting

   Define, establish, and enforce data requirements and data governance policies for monthly and quarterly profitability reporting.

   Partner with Finance IT, Data Engineering, and Enterprise Analytics teams to automate profitability feeds and data pipelines, ensuring data integrity and single-source-of-truth accuracy.

   Oversee monthly reporting cycles and deliver actionable insights and executive dashboards for management committees.

Qualifications & Experience

Educational Background: Chartered Accountant (CA), CFA Charterholder, or MBA in Finance from a top-tier institute.

Overall Experience: Minimum 12+ years of progressive experience in Banking Finance, Management Accounting, ALM, or Banking Finance Transformation.

Ideal Candidate Profile

Former Head / Senior Manager of ALM, MIS, Management Accounting, or Performance Management at a reputed commercial/retail bank; OR Senior Manager / Associate Director from a Financial Services / Banking Finance Transformation practice at a top consulting firm (Big 4 or strategy consulting).

Required Skills & Competencies

Domain Expertise: Deep technical expertise in Fund Transfer Pricing (FTP), Risk-Adjusted Return on Capital (RAROC), Activity-Based Costing (ABC), and Balance Sheet Management.

System & Tool Knowledge: Hands-on experience with banking profitability and FTP platforms (e.g., Oracle OFSAA, SAP Financial Services, QRM, SAS, or custom enterprise solutions).

Data & Analytics: Strong understanding of banking data architecture, financial data modeling, and data governance frameworks.

Stakeholder Management: Proven track record of interfacing with senior business leaders, Treasury, Risk, and IT stakeholders to drive large-scale financial performance management initiatives.