To lead the development, management, and execution of a cost-saving pipeline through internal process improvement
To collaborate with key sponsors, finance, and cross-functional teams to deliver process improvements benefiting Group COO operations
To Influence and negotiate commercial terms with product and service providers to further cost optimization efforts
Key Responsibilities:
Cost Optimization: Developing and implementing strategies to optimize costs across the organization while maintaining operational efficiency and quality
Budget Management: Leading the budgeting process and ensuring that budgets are aligned with strategic objectives (planning, tracking and forecasting)
Financial Analysis: Conducting detailed financial analysis to identify cost-saving opportunities and improve financial performance
Process Improvement: Identifying and implementing process improvements to enhance efficiency and reduce costs Risk Management: Assessing and managing financial risks associated with cost management activities
Stakeholder Communication: Collaborating with internal and external stakeholders to communicate financial performance and cost management strategies
Team Leadership: Providing leadership and direction to a team of financial professionals to achieve cost management goals
Compliance: Ensuring compliance with relevant regulatory requirements related to cost management
Strategic Planning: Contributing to the development of the bank’s overall strategic plans and initiatives Driving the annual budget process and the monthly reporting for COO and Group Finance