Business Head, New Initiatives

12 - 14 years

0 Lacs

Posted:2 weeks ago| Platform: Foundit logo

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Work Mode

On-site

Job Type

Full Time

Job Description

About the Role

Business Head New Initiatives

P&L ownership

Key Responsibilities

  • Own P&L for new business vertical offering financial services focused on rural and semi-urban markets.
  • Develop strategic partnerships with banks, fintechs, ecosystem players, and technology providers.
  • Define and execute distribution strategies across franchisee, digital, and B2B channels.
  • Collaborate with product, tech, operations, and marketing teams to design customer journeys, pricing models, and GTM plans.
  • Build, mentor, and lead a high-performance team fostering innovation, agility, and ownership.
  • Work closely with senior leadership and the board on strategy, progress, and key decisions.
  • Ensure regulatory and compliance adherence in coordination with finance, legal, and risk teams.

Key Skills & Competencies

  • Entrepreneurial mindset with proven experience in building businesses from 0?1 and scaling from 1?10.
  • Deep understanding of the

    financial services, fintech, or allied sectors.

  • Strong analytical, commercial, and strategic thinking abilities.
  • Exceptional stakeholder management and negotiation skills.
  • Execution-focused leader comfortable with ambiguity and rapid change.
  • Ability to influence cross-functional teams and drive alignment.

Qualifications & Experience

  • MBA / Postgraduate in Business, Finance, or related discipline (preferred).
  • 12+ years of experience with at least 35 years in a leadership role building or scaling a business line.
  • Prior experience in

    fintech, banking, NBFC, or digital platform businesses

    preferred.

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