Head of Business Banking Strategy

København S, DK, 2300 Oslo, NO, 0368 Stockholm, SE, 111 46 Helsinki, FI, 500

Job ID: 26930

We are looking for a new Head of Business Banking Strategy to play a key role in shaping the future strategic agenda of Nordea Business Banking by driving implementation of strategic direction and initiatives. This is an opportunity for you to grow and work closely with the executive management team in Business Banking and contribute to our ambitions.

At Nordea, we see that the world is changing fast – and we want to be one step ahead of the curve. That’s why we’re deeply committed to providing the financial solutions of tomorrow to our customers. We’re creating an agile environment where we experiment and grow together – and we need your ideas and unique background. With us, you’ll be in good company with a chance to make your mark on something bigger.

Business Banking offers banking and advisory products and services to our small and medium-sized corporate customers. Business Banking also includes Transaction Banking which provides payments and international trade services and Nordea Finance, which provides asset-based lending

About this opportunity
Welcome to Business Banking Office. Small and medium-sized enterprises, SMEs, are the key drivers of the Nordic economy, providing jobs and growth opportunities. Business Banking add value by supporting them to succeed and grow in a sustainable way and we have a unique position in the market to offer our local expertise combined with Nordic size and scale of products and services.

What you’ll be doing:

• Strategic Planning & Direction: Lead the development and execution of long-term strategic plans for business banking, ensuring alignment with group goals, financial targets, customer trends and the competitive environment
• Functional Strategies: Ensure that functional strategies are in place across products and segments ensuring alignment to overall direction and targets and ensure they build towards an exceptional customer experience

• Strategy Execution: Establish KPIs and track performance across business banking to measure success and inform adjustments to strategies and initiatives
• Thought leadership and Advisory: Provide though leadership and strategic advisory to senior leaders across business banking equipping them with the insights and tools to make high quality strategic decisions
• Cross-functional Leadership: Collaborate with teams across frontline, product, digital and business services, as well as other business areas across the group to deliver optimum outcomes for our customers and the group

Leading and development: Lead and mentor a high performing strategy team fostering a culture of collaboration, ownership and curiosity. You’ll lead a team of 5-6 highly skilled specialists within strategy and execution and you will be reporting to Michael Peter Lee Miller Smith, Head of Nordea Business Banking Office. You will also be a member of Business Banking Office leadership team. The role can be based in any Nordic country. Who you are Collaboration. Ownership. Passion. Courage. These are the values that guide us in being at our best – and that we imagine you share with us. To succeed in this role, we believe that you:

• Strategic Vision & Execution: Demonstrated experience in strategic planning and execution, particularly in the business banking or financial services sector
• SME Banking Expertise: Strong knowledge of SME banking business models and associated products (e.g. payments, cash management, lending, risk management) and an understanding of segment-specific needs
• Analytical Skills: Proficiency in data analysis, financial modelling and market research to support decision-making with the ability to bring clarity to complex problems
• Leadership & Collaboration: Proven ability inspire cross-functional teams and work collaboratively, as well as lead from the front with a hands-on doer attitude
• Adaptability & Innovation: Ability to thrive in a fast-paced environment, with a proactive and innovative mindset to tackle complex challenges with many degrees of freedom
• Communication & Influence: Strong written and verbal communication skills to present insights and strategic recommendations to senior executives

Your experience and background:

• Proven Strategic Leadership: Relevant experience in strategy and strategy implementation with a proven ability to craft and execute strategies that drive growth and enhance market positioning. E.g. Top Tier Consulting Firms or strategy functions in leading multinational companies
• Corporate / SME Banking Expertise: Deep understanding of the unique needs and challenges faced by corporates and/or SME clients across micro, small, and medium enterprise segments, including experience with relevant business models & products
• Digital Transformation & Fintech Acumen: Strong familiarity with emerging trends in digital banking and fintech, including open banking, API-driven platforms, AI/ML for customer insights, and digital-first customer experiences
• Data-Driven Decision Making: Skilled in using data and financial analysis, customer segmentation, etc. to inform strategy and guide targeted initiatives. Experience with performance management frameworks to track, measure, and optimise strategic initiative impact
• Cross-Functional Collaboration: Extensive experience working closely with product, sales, technology, risk and operations teams, with the ability to align diverse stakeholders toward a common strategic vision and ensure seamless execution across functions

If this sounds like you, get in touch!

Next steps Submit your application no later than 15/11/2024. For more information, you’re welcome to contact Talent Acquisition Lead Charlotte Tuvenlund [email protected]. At Nordea, we know that an inclusive workplace is a sustainable workplace. We deeply believe that our diverse backgrounds, experiences, characteristics and traits make us better at serving customers and communities. So please come as you are.

Please be aware that any applications or CVs coming through email or direct messages will not be accepted or considered.

Only for candidates in Finland: A security clearance will be performed for the person selected for this position.

For candidates in Sweden only: ​For union information, please contact [email protected] or [email protected].