Senior Manager, Cost Control

Job ID: 39883

Location: Bangalore, IN

Area of interest: Business Support, Management & Efficiency

Job type: Regular Employee

Work style: Office Working

Opening date: 15 Sept 2025

Job Summary

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)

Key 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:

• 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

Key stakeholders

Internal stakeholders

Other Responsibilities

• Excel Modelling
• Dashboarding tools like Tableau and Statistical analysis tools
• Stakeholder management
• Financial/Data analysis
• Prior investment banking / financial analysis / strategy consulting

Qualifications

• MBA, PGDM, CA
• Certifications in CFA, FRM

Skills and Experience

• Excel modelling
• MS Office (Powerpoint, Word)
• Visualisation tools (Tableau)
• Analytics understanding
• Project 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.