CIB DPS Planning & Analysis Allocations Associate

Join the CIB DPS Planning & Analysis team to lead the end-to-end Operations & Technology expense allocation process ensuring accurate transparent and well-governed cost assignment to front-office businesses. Youll strengthen controls connect data across enterprise tools and deliver executive-ready insights that inform forecasting budgeting and senior leadership decisions.

What youll do

• Own the end-to-end Ops & Tech expense allocation cycle: identify aggregate and assign costs to front-office businesses on a defined cadence with high accuracy and timeliness.
• Strengthen financial controls across allocation rules and billing keys; resolve cost center mismatches and blocked centers; protect operating margin through partnership with Business Managers (BMs) and Chief Technology Officers (CTOs).
• Bring deep transparency to intercompany and intracompany allocations; clearly document and explain drivers of inbound allocations to DPS from shared services and other functions.
• Standardize methodologies and governance across Ops & Tech allocation modules; drive process improvements that reduce exceptions and rework.
• Connect the dots across enterprise platforms (e.g. SAPCO corporate allocation Cognos Apptio Allocation Cube); reconcile scenarios and explain variances in plain language.
• Investigate direct and indirect allocations; handle ad-hoc business queries; prepare executive-ready Business Review materials for senior front-office leadership.
• Produce detailed cost-center reporting and analysis across time organization and scenario dimensions; translate findings into actionable recommendations for major business lines.
• Partner with global Finance and business management on cost center setup and ongoing financial reference data maintenance.
• Support monthly forecasting mid-year outlooks and annual multi-year budgeting; provide value-added analytics for management reviews.
• Execute allocation processes and controls; maintain reference data quality; build reports and explain drivers; manage day-to-day inquiries with guidance from senior team members.

What youll bring (core qualifications)

• Experience with complex expense allocation or cost accounting in a large enterprise; Ops & Tech or shared services exposure a plus.
• Strong control mindset and familiarity with allocation rules/keys cost center structures and margin drivers.
• Proficiency with enterprise finance/ERP and BI tools (e.g. SAP/SAPCO or equivalents Cognos Apptio Allocation Cube); advanced Excel; comfort reconciling data across systems.
• Analytical storytelling skillsable to turn complex allocation drivers into clear concise insights for senior stakeholders.

• Effective stakeholder management; ability to partner with Finance BMs and Technology leadership to align on methodologies and changes.