Associate Manager

Strategy:

• Oversee and provide ongoing management direction for all processes and activities related to Cost Analytics.
• Drive SCB's cost and competitive analytics, including benchmarking efforts and market intelligence.
• Develop forward-looking projections to compare SCB's performance against peers, incorporating industry trends.
• Partner with Global Process Managers and leaders to design and implement standard global processes for cost management.
• Track implementation effectiveness and identify gaps in cost management processes.
• Lead the team to develop a strategic roadmap for the Cost CoE, focusing on capabilities like modeling, efficiency tracking, business partnering, and end-to-end cost visibility.

Business:

• Engage senior stakeholders and CFOs to align on improvements/enhancements in cost management processes.
• Identify pain areas in cost management and recommend solutions to improve efficiency and effectiveness, including technology-related aspects.
• Ensure agreements and targets are met/exceeded, fostering a culture of continuous process and efficiency improvement.
• Deliver on annual productivity and cost savings targets.
• Explore opportunities for cost migration, building cases for end-to-end migration across countries.
• Collaborate with business and country CFOs to drive cost savings and efficiency.
• Contribute to the strategic development of the center and support the GFS collective agenda.

Processes:

• Work with HR to enhance talent and skill sets for the growing complexity of finance functions.
• Attract and retain the right talent for key roles, focusing on effective attrition management.
• Create forums for employee engagement and encourage creativity, learning, and development, while improving work-life balance.
• Contribute to the transformational agenda by supporting strategic goals, building consensus, and driving objectives.
• Participate in and support all global initiatives as required.

Risk Management:

• Manage risk by ensuring cost management processes adhere to best practices and regulatory requirements.
• Implement and track the effectiveness of risk management strategies related to cost performance and financial analysis.

Governance:

• Ensure compliance with internal and external governance standards, ensuring cost management practices align with regulatory requirements and industry benchmarks.

Regulatory & Business Conduct:

• Display exemplary conduct in line with the Group's Values and Code of Conduct.
• Foster a culture of compliance and ethical behavior across cost management processes.
• Effectively collaborate with senior leadership to identify, escalate, and mitigate risk and compliance matters.

Key Stakeholders:

• Internal:

• Senior Management, Global Process Managers, and Leaders
• Country CFOs
• HR teams (for talent development)
• Business and Finance leaders

• External:

• Market research and benchmarking firms

Other Responsibilities:

• Actively contribute to the strategic and consensus-building efforts within the organization.
• Ensure the alignment of cost management processes with business goals, ensuring financial sustainability and competitiveness.

Skills and Experience:

• Cost Management

• Financial Performance Reporting

• Cost Booking and Allocation Practices

• Business Finance

• Financial Statement Analysis

• Strategic and Analytical Mindset

• Multitasking and Leadership in Ambiguities

Qualifications:

• Education:

  Degree in Finance, Accounting, or a related field. MBA or relevant professional certifications are a plus.

• Experience:

• A mature finance professional with relevant experience in the financial services industry.
• Extensive experience in corporate banking products, accounting treatments, and cost performance reporting.
• Strong FP&A background with the ability to connect business drivers to the performance management process.
• Proven track record of working with senior management and influencing stakeholders.
• Ability to work under pressure, multitask, and lead in ambiguous situations.
• Strong leadership and team management abilities, capable of securing confidence and respect.
• In-depth understanding of financial statements, business performance management, and decision-making processes.