Role Summary (title as applicable to the role)
The Senior Manager Cost Management Centre of Excellence (COE) at Standard Chartered GBS will enable business owners function heads and senior management with data and analysis support to understand assess verify and challenge business performance related aspects (Cost Revenue investments and Headcount)
Responsibilities
- Cost Analysis and Transparency: Perform cost driver analysis ensure accurate cost allocation and regular reporting / tracking analyse and provide clarity on incurred and allocated charges enabled through detailed financial models
- Cost Optimisation and Benchmarking: Develop cost optimisation plans with execution focus provide benchmarking across peers and drive deep dives into significant cost category for potential cost savings
- Demographics Analysis & Headcount management: Perform Headcount and productivity analysis including benchmarking against peers evaluate as-is landscape (e.g. location footprint spans & layers) to optimise teams as per the strategy monitor hiring against the corporate plans and budgets develop Front to Back view of resources supporting business.
- Budget / Forecast Tracking & Planning: Financial planning and forecasting drive accurate cost budget setting establish effective forecasting mechanism track cost against budget and forecast understand drivers for overrun and flag thematic issues.
- Senior management presentation - Develop C-suite friendly presentations with crisp and clear messaging summarising data across multiple sources with action items
Skills and Requirements: (Please change Work Ex – as per Band - B6 B7)
- 6 years’ experience in banking/consulting (with global banks) with cost control/optimisation focus
- Strong understanding of front-office cost drivers banking products & P&L
- Advanced Excel / financial modelling skills
- Experience with dashboards (Tableau / Power BI) is preferred.
- Prior team management experience is a plus.
- Strategic thinking mindset and ability to logically structure and process data into meaningful and actionable recommendations
- Excellent communication presentation and documentation skills
- Strong problem-solving skills and ability to proactively identify opportunities and drive results
Our Ideal Candidate should have experience in
- Excel Modelling
- Dashboarding tools like Tableau and Statistical analysis tools
- Stakeholder management
- Financial/Data analysis
- Prior investment banking / financial analysis / strategy consulting
Qualifications