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Operations Head
4 weeks ago
Summary:
The Operations Head is responsible for overseeing and managing the day-to-day operations of a company, ensuring efficient and effective processes within the operations department to achieve business goals and objectives.
Responsibilities:
- Manage the daily operations of the Operations Department.
- Oversee the preparation of loan portfolio reports for internal (BOD/Management) and external (regulatory bodies) stakeholders, including documentation activities.
- Participate actively in business planning, prepare financial projections, and assist the President in securing approval for the company's annual budget.
- Collaborate with all other units of the company to meet established goals and objectives annually.
- Develop policies and guidelines to strengthen internal controls, improve operational processes, and minimize costs.
- Recommend changes and enhancements to existing processes and secure approval for their implementation.
- Liaise with internal and external auditors/examiners and provide necessary assistance.
- Work closely with the Compliance Head and Audit Head to ensure adherence to tax laws and regulatory requirements.
- Coordinate with the Controllership and Corporate Planning Divisions of the Parent Bank for reportorial requirements.
- Authorize loan/lease releases, Statements of Account (SOA), and Journal Vouchers (JVs) for upload to Oracle (loan-related transactions), regulatory reports, and other operational reports.
- Assess training needs and facilitate professional development for supervised personnel.