VP - Banking Cost Business Partner

Job ID: 39185

Location: Bangalore, IN

Area of interest: Audit, Accounting & Finance

Job type: Regular Employee

Work style: Office Working

Opening date: 4 Sept 2025

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.