SVP, Transformation and Digital Analytics Permanent

Business Function
Group Finance aims to deliver world-class standards in reporting, financial planning and finance processes. We provide insights and analyses that help the bank make sound business decisions – whether in the areas of product development or customer profitability. We also provide capital management, business planning, forecasting, and tax and accounting advisory services.
The bank is also a certified Accredited Training Organisation (ATO) for the Singapore Qualification Programme by the Singapore Accountancy Commission and an Association of Chartered Certified Accountants (ACCA) Approved Employer.
Job Purpose
The Strategic Cost Management and Digital Value Capture team is responsible for driving bank-wide strategic digital and efficiency related transformation programmes. The team is housed within Group Finance and works closely with the Group CFO and senior business stakeholders on cross-functional projects that support and enable the Bank to deliver its broader financial and non-financial objectives.
At the moment, the team is leading the following initiatives alongside Business and Finance stakeholders:

• Digital Value Capture (DVC) – Partnering with business to measure the value of digital investments and their financial impact to Digital and Traditional segments; as well as driving external/ investor communication related to the Bank’s digital transformation.
• Cost Allocation – Driving Group-wide data-driven transformation programme that redefines the way cost and efficiency/ productivity is measured across business units/ customers and product lines; Delivering end to end methodology as well as implementation of an industrial scale automated solution.
• Data Driven Operating Model (DDOM) on productivity and efficiency – Working alongside business stakeholders to define a productivity framework to facilitate setting of KPIs to drive the Bank’s strategic financial objectives.

The successful candidate will be a critical senior team member of the team with managerial responsibilities.
Responsibilities

• Digital Value Capture (DVC)
  
  • Partner with business to enhance methodology to quantify value from digitalisation
  • Drive digital analytics to enable business actionable insights and lead / drive specific initiatives where appropriate
  • Enhance governance processes for business goals and targets setting; track and monitor progress towards targeted outcomes
  • Lead external investor communications related to the Bank’s digital transformation and investments

• Cost Allocation
  
  • Partner with business to design Cost Allocation methodology and modelling, ensuring consistency in methodology across markets while catering for local nuances
  • Lead data analytics involving complex big data, understand business data requirements, data lineage and data use cases
  • Articulate business requirements and design to architecture and technology partners for industrial solution development
  • Manage senior & working stakeholders in business requirements gathering as well as output socialisation
  • Guide junior members of the team in modelling and data analysis

• Data Driven Operating Model
  
  • Work alongside business teams to develop productivity framework and identify key metrics to measure and manage productivity
  • Drive KPI setting to enable customer and business outcomes
  • Lead analytics to drive business insights including outcome visualisation/ dashboards

Additonally to lead new cross-functional transformation programmes for the Group where required.
Requirements
The successful candidate in this challenging and demanding role typically possesses:

• At least 10-12 years of work experience; background in top-tier management consulting with financial services focus required (McKinsey, Bain, BCG, Oliver Wyman and the like)
• Interest in data driven approaches – ability to identify business insights from complex data
• Able to articulate problem statement and proposed solutions in concise and structured manner in both verbal and written forms; able to build a deck with coherent storyline
• Structured and analytical mindset – comfortable with navigating ambiguity; able to see big picture while being detail oriented
• Adaptable and willingness to dive into details, including specifics of data
• Strong stakeholder management and communication skills: able to work cross-functionally
• Self-starter with high level of energy, commitment and focus to drive results
• Able to work independently with clear deliverables and timelines
• Resilient and able to work under stress and tight timelines
• Experience with coding and advanced analytics a bonus but not a must

Apply Now
We offer a competitive salary and benefits package and the professional advantages of a dynamic environment that supports your development and recognises your achievements.