Vp - Banking Cost Business Partner

Job Summary Designing publishing insightful Cost MI partners with the business to accurately manage forecast and deliver the cost agenda Drive a performance management framework linking Cost to drivers non-financial KPIs driving cost efficiency and investment capacity Create a 5-year Corporate Plan Cost strategy supporting the delivery of CIB RoTE Focus on Global Product Sub-products Clusters and Countries for Cost agenda input into RoTE by businesses Build strong partnerships with stakeholders with excellent communication skills Key Responsibilities Supporting CFO COO HR Heads in relation to Cost performance management of Banking businesses Managing cost headcount articulating performance with non-financial KPIs and accurate forecasting Focus on Qtly IMS cost management reporting Managing YoY and Budgeted performance deltas Work with CIB Cluster Country Finance to convey and deliver the CIB Cost agenda Ensuring consistent messaging and actions Ensure the timely accurate delivery of performance management reporting Actual performance monthly outlook accurate FY outlook forecast commentaries Cost FTE scorecard tracking strategic initiative support for both hires and projects Opex Capex and drive process simplification accuracy timeliness and automation Ideate opportunities that will lead to hard dollar cost saves within the business and help meet and or deliver forecasts below budget Drive the successful delivery of the business 5-year Corporate Plan Clearly defining the cost strategy and financial modelling of this linking income cost avoidance with investments Challenge business on incremental cost asks with comfort on level of detail that support overall business objectives to justify spend Strategy Deliver insightful actionable Analytics Covering efficiency cost investment opportunities returns as well as identifying and articulating key risks to senior management to drive decision making Business Finance Processes Supporting CFO COO HR Heads in relation to Cost performance management of CIB Managing cost headcount articulating performance with non-financial KPIs and accurate forecasting Focus on Qtly IMS cost management reporting Managing YoY and Budgeted performance deltas Regulatory Business Conduct Display exemplary conduct and live by the Group s Values and Code of Conduct Take personal responsibility for embedding the highest standards of ethics including regulatory and business conduct across Standard Chartered Bank This includes understanding and ensuring compliance with in letter and spirit all applicable laws regulations guidelines and the Group Code of Conduct Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Lead to achieve the outcomes set out in the Bank s Conduct Principles Fair Outcomes for Clients Effective Financial Markets Financial Crime Compliance The Right Environment Serve as a Director of the Board Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association or equivalent Key stakeholders Internal Banking - CFO COO HR Heads Banking - Global Cluster Country Business Heads Banking - Business Finance Teams CIB Cluster Country Business Finance BPO CIB Cost Finance Group Finance Team FP A Planning External Auditors Consultants Benchmarking providers Qualifications At least 12 years of relevant experience in large multinational companies in the financial services sector preferably supporting Cost management A good understanding of cost and its drivers especially across large multinational banking businesses covering front office or any function having a diverse and layered cost structure Knowledge of unit costing Product Segment Geographical cost management with equitable allocations Solid interpersonal skills with the ability to develop strong stakeholder relationships anticipate business requirements manage demand delivery keeping business heads informed Strong communication skills with the ability to present relevant analysis concisely and confidently Extensive experience with Microsoft Excel and PowerPoint Excellent analytical skills with the ability to navigate and analyse large data sets Experience in operating within large virtual teams across locations Commercial acumen and understanding of Financial Services specific to Banking Banking product knowledge is preferable - Coverage Financial Markets Transaction Banking Skills and Experience Financial Planning Analysis MS Application excel PowerPoint SAP Hyperion SAC PaPM Stakeholder Management About Standard Chartered We re an international bank nimble enough to act big enough for impact For more than 170 years we ve worked to make a positive difference for our clients communities and each other We question the status quo love a challenge and enjoy finding new opportunities to grow and do better than before If you re looking for a career with purpose and you want to work for a bank making a difference we want to hear from you You can count on us to celebrate your unique talents and we can t wait to see the talents you can bring us Our purpose to drive commerce and prosperity through our unique diversity together with our brand promise to be here for good are achieved by how we each live our valued behaviours When you work with us you ll see how we value difference and advocate inclusion Together we Do the right thing and are assertive challenge one another and live with integrity while putting the client at the heart of what we do Never settle continuously striving to improve and innovate keeping things simple and learning from doing well and not so well Are better together we can be ourselves be inclusive see more good in others and work collectively to build for the long term What we offer In line with our Fair Pay Charter we offer a competitive salary and benefits to support your mental physical financial and social wellbeing Core bank funding for retirement savings medical and life insurance with flexible and voluntary benefits available in some locations Time-off including annual leave parental maternity 20 weeks sabbatical 12 months maximum and volunteering leave 3 days along with minimum global standards for annual and public holiday which is combined to 30 days minimum Flexible working options based around home and office locations with flexible working patterns Proactive wellbeing support through Unmind a market-leading digital wellbeing platform development courses for resilience and other human skills global Employee Assistance Programme sick leave mental health first-aiders and all sorts of self-help toolkits A continuous learning culture to support your growth with opportunities to reskill and upskill and access to physical virtual and digital learning Being part of an inclusive and values driven organisation one that embraces and celebrates our unique diversity across our teams business functions and geographies - everyone feels respected and can realise their full potential 39185