Assistant Manager, Strategic Planning

The Assistant Manager, Strategic Planning will lead the development and execution of VMIL’s (and its subsidiaries) Medium-Term Strategic Plan, in alignment with the strategy of the VM Financial Group.

The successful candidate will possess:

• Bachelor’s Degree in Economics, Finance, Mathematics, Accounts, or any other related quantitative field
• MBA/MSc in Economics, Finance, Mathematics, Accounts, or any other related quantitative field
• Certifications in Strategy and/or Project Management
• Completion of the Jamaica Securities Course or equivalent securities certification would be an asset
• At least 5 years’ work experience in performance management using the Balanced Scorecard
• Framework for a conglomerate and providing analyses and recommendations using same
• Experience in Strategic Management, Business Planning
• Experience conducting Strategic Business Planning Sessions would be an asset

Functional and Technical Skills:

• Ability to use and interpret organisational data systems to support planning and decision making.
• Ability to collaborate effectively in digital spaces.
• Ability to lead digital transformation initiatives.
• Experience with a collaborative workplace (shared digital tools and media collaborative projects and work across boundaries of teams, cultures, and institutions).
• Ability to use digital media to communicate within and beyond the Organisation.
• Experience in knowledge exchange and sharing practices.
• Proficiency in determining the implications of economic developments on the organisation’s lines of business.
• Ability to work independently, initiate and accomplish projects with minimal supervision.
• Proficient in the Balance Scorecard methodology and Balanced Scorecard approach.
• Strong verbal, written and quantitative analysis skills to convey information effectively and appropriately depending on the needs of the audience.
• Analysing financial reports
• Ability to present information in a succinct manner.
• Critical Thinking
• Relationship Management
• Command of economic and accounting principles and practices, the financial markets, banking, investments, and the analysis and reporting of financial data
• Excellent command of the Microsoft Office Suite, including Excel, Word, and PowerPoint
• Reporting for varied audiences
• Experience with Agile practices and framework approach
• Excellent time management skills with the ability to organize, prioritize and manage multiple projects simultaneously in a fast- paced environment.

Duties and Responsibilities:

• Lead the preparation of business cases for potential new products, services, and business opportunities.
• Analyse proposals for new products, services and business lines and provide recommendations.
• Monitor and interpret trends within the organisation and the financial services industry, and prepare reports as needed.
• Forecast performance outcomes based on historical performance and future expectations while taking into consideration economic, social, political, and environmental factors/risks.
• Evaluate the performance of VMIL’s performance and position within the market and make strategic recommendations to achieve targets/improve performance and ensure competitive and strategic positioning.
• Perform competitive analysis of VMIL within its existing and potential markets to inform strategy.
• Stay abreast of emerging methods for strategy development, implementation and cascading and introduce these methods to improve the process.
• Collaborate with internal and external stakeholders to ensure VMIL is kept abreast of new developments in the industry.
• Lead and manage the performance of VMIL using the Balanced Scorecard Methodology and tracking of VMIL’s Strategic Initiatives.
• Assist with communicating the strategy across the organisation and monitoring the execution of the strategy.
• Lead the preparation and drive the execution of VMIL’s Strategic Plan in line with VM Group.
• Liaise with the Group Strategy team to ensure VMIL’s strategy aligns with the Group.
• Prepare breakdown of Medium-Term Strategic Plan into one (1) year rolling Business Plans.
• Guide the cascading of the Company Strategic and Business Plans to the Unit Business Plans.
• Ensure alignment of the units with the company’s objectives.
• Support the assessment of any projects and initiatives and its projected financial impact, outcomes, and risks.
• Conduct complex analysis and research to develop written reports and presentations of business solutions for senior executives.
• Partner with Senior Leadership to define the business strategy and create and execute corresponding business plans and initiative.
• Lead the preparation of strategic reports and presentations for VMIL Board and other internal parties.
• Implement measures/tools to enhance management reporting and efficiency.
• Communicate performance, business strategies and rationales to key stakeholders.
• Collaborate and support the internal stakeholders to plan, direct, and monitor the execution and progress of the strategic business objectives for VMIL.
• Partner with management to interpret and prioritize strategic business needs.

Deadline for applications is August 18, 2023