VP, Senior Manager, Strategic Cost Management and Delivery, Group Consumer Banking and Big Data Analytics Technology, Technology and Operations Permanent NEW

Business Function
Group Technology and Operations (T&O) enables and empowers the bank with an efficient, nimble and resilient infrastructure through a strategic focus on productivity, quality & control, technology, people capability and innovation. In Group T&O, we manage the majority of the Bank’s operational processes and inspire to delight our business partners through our multiple banking delivery channels.
A Strategic Technology Cost Management Senior Manager will either be part of a large workstream owning pieces of the work or will be expected to lead up workstreams focused on cost reduction/value creation while improve the strategic position of the technology department, with a focus on both labor and non-labor costs. Role will require oversight of consultants, analysts and interaction with various internal organizations including Operations and Technology. Will be required to conduct/review detailed data analytics, develop executive presentations, conduct interviews and facilitate working sessions.

Responsibilities

• Develop, analyze and report cost category metrics that help the technology drive to best in class cost management
• Play critical role in the department budget and mid-year / annual / 3-year planning process, setting targets, identifying critical initiatives that will enable target delivery, and tracking performance
• Partner with business to evaluate and collaborate on bottoms-up budgeting processes and optimize in-scope spend categories
• As a project director, manage a team of analysts responsible for analyzing specific cost categories and partnering with business owners to drive towards strategic objectives within those categories
• Conduct continuous benchmarking and launch improvement initiatives in partnership with Functional Budget Owners
• Assist on strategic planning, modeling, and preparation of presentations to board and senior leadership
• Own monthly tracking of cost performance and monthly/quarterly corporate forecasts; develop and standardize processes which do not currently exist today
• Help lead tactical execution of the Annual Plan, holding technology partners accountable for submission deadlines and achievement of financial goals
• Drive and facilitate cross-team communication, to ensure best practices are shared and refined through constant collaboration
• Act as main point of contact between functions to finalize budget in and track delivery of category-level initiative results
• Provide analytical support via team leadership to functions to help identified opportunities and ensure achievement of financial targets (e.g. tracking Risks & Ops, Action Plans, etc.)
• Frequent and ongoing ad hoc opportunities for analytics and leadership within cost and budgeting best practices
• Document and assemble library of best practices for key cost categories

Requirements

• Bachelor’s Degree in Accounting, Finance, or related business or quantitative field is required; MBA a plus
• 10+ years of related experience with 4+ of those in project delivery role
• Experience in driving large-scale strategic budget/cost initiatives for multi-national organization
• Knowledge of Technology Infrastructure Cost and Cloud Computing Cost Management
• Strong analytical skills and the ability to propose positive business solutions to problems
• Strong influencing and problem-solving skills
• Strong attention to detail
• High intellectual curiosity and strategic mindset
• Excellent written and verbal communication skills
• Ability to work under pressure and adhere to deadlines
• Forward-thinking in implementing tools and techniques to improve analytics, driving better business decisions
• Good organizational skills and able to handle a high work volume
• Self-motivated positive team player

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.