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Vp, Head Of Banking Strategy

Company

FIS

Address United States
Employment type FULL_TIME
Salary
Category IT Services and IT Consulting,Financial Services
Expires 2023-06-18
Posted at 1 year ago
Job Description
Position Type
Full time
Type Of Hire
Experienced (relevant combo of work and education)
Education Desired
Bachelor of Commerce/Business
Travel Percentage
5 - 10%

The fintech industry is undergoing dramatic disruption. Regulations are intensifying, new investment products have emerged, consumer expectations have reached new heights and the cost of competing has providers re-thinking their business models. FIS is looking for a strategic leader that’s ready to bring together bold thinking, unique fintech assets and award-winning service to identify untapped growth potential and deliver meaningful innovation to its clients.
About The Team
Work directly with the Head of Banking Strategy, Product and Pricing for FIS’s $6.5B revenue Banking Solutions Business. Broader team owns growth and business strategy, product management, investment strategy, fintech partnerships, M&A strategy, pricing, and go-to-market for the Banking organization.
The Banking Strategy team is comprised of highly talented individuals that have strategic problem solving and analytical skills, combined with a deep understanding of the business. Typical projects have 1-3 Strategy team members, require close collaboration with business and functional partners, and range from 1-4 months in length, depending on complexity and scope. In addition to strategic consulting engagements, this function oversees the divisions investment strategy, and makes recommendations on acquisitions and partnerships.
What You Will Be Doing
  • Conduct business level validation and market testing of new offerings. Report against set milestones and KPIs for all investments
  • Strong interpersonal and influencing skills - and ability to interact with colleagues at all levels in a peer-like way, and achieve goals without direct control over resources
  • Articulate FIS product vision clearly and concisely translating complex concepts into easily accessible and understood content and visualizations
  • Evaluate buy/build/partner scenarios
  • Drive the vision and strategic planning process on behalf of the Banking Solutions division. This includes identifying growth opportunities, performing market sizing and competitive assessments, and making recommendations on how to accelerate growth ahead of alternate market providers.
  • Act as thought leader on the product strategy and execution; maintain keen awareness of industry landscape and directly inform FIS banking and payments go-to-market efforts
  • Develop business cases for new solutions and acquisitions. Build plans in conjunction with the business lines for securing clients and revenue consistent with the group’s financial objectives
  • Lead broader team efforts, including recruiting, staffing decisions, and performance management
  • Ensure execution of strategic priorities by working with the product management and development organizations to consistently deliver innovative capabilities that delight clients, extends our value, and accelerates growth. This includes partnering across functional areas on the development of roadmaps, solution integration, product rationalization, and pricing strategies, as well as new product launches and go-to-market planning
  • Lead a strategy team focused on generating growth ideas and oversee execution of recommendations across lines of business
  • Craft and deliver clear and coherent data-driven narratives, to enable senior stakeholder buy-in on key opportunities and recommendations
  • Deliver senior executive reporting, including presentations for regular business reviews; monitor OKR performance and guide financial forecasting
What You Bring
The ideal candidate will be execution oriented, assertive, and organized with sound business judgment. They will value FIS’ business fundamentals but will not hesitate to challenge traditional practices. They will be passionate about bringing innovation, technology and evolved commercial structures to a wide array of clients in the financial services industry.
The role requires strong analytical, commercial and communication skills and a demonstrated ability to deliver results in a fast-paced deal environment. The successful candidate will work directly with business leadership, sales, product management, technology, and business operations to ensure the business delivers on top and bottom-line objectives.
Specific Competencies And Experiences Include
  • Experience working within financial institutions
  • Effectively coaches and listens to leaders
  • Bachelor’s degree is required; MBA or masters degree preferred
  • Highly self-motivated with ability to remain composed under pressure and excel amid ambiguity
  • Strong communication, research, presentation and creative skills
  • Openness to an environment of active developmental feedback from peers
  • Setting clear and measurable performance objectives and monitoring progress rigorously, planning ahead, and linking action to business priorities
  • Understands the company and business line cultural identity and core strengths, to drive successful change
  • Full knowledge of MS Office required including Excel, PowerPoint, Word
  • Experience in defining and building out a product roadmap, prioritizing projects according to business need and producing business models
  • Superb leadership record having created a positive, highly energized performance climate with clear points of accountability
  • Subject matter expertise across banking, payments and wealth management industry landscapes
  • Excellent analytical, decision-making, problem-solving, team and time management skills
  • Capable of executing short-term (tactical) and long term (strategic) plans
  • Able to effectively challenge the status quo and infuse new ideas and innovation
  • Leadership and negotiation skills within a matrixed organization and ability to persuade and influence others on best approach
  • 15+ years of experience, including time in either consulting, investment banking, product strategy or in a business operations role
This position requires travel to customer and non-customer sites in North America, Asia and Europe (30%)
Privacy Statement
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice .
EEOC Statement
FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here
For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer~ In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.
Sourcing Model
Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.
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