Cost Optimisation Lead , Universal Trade

  • Contract
  • Business Segment: Corporate & Investment Banking

Company Description

Standard Bank Group is a leading Africa-focused financial services group, and an innovative player on the global stage, that offers a variety of career-enhancing opportunities – plus the chance to work alongside some of the sector’s most talented, motivated professionals. Our clients range from individuals, to businesses of all sizes, high net worth families and large multinational corporates and institutions. We’re passionate about creating growth in Africa. Bringing true, meaningful value to our clients and the communities we serve and creating a real sense of purpose for you.

Job Description

Partner Standard Bank's Universal Trade Business Unit(s) to understand strategic functional requirements, challenge and advise on strategic issues with a long-term focus and high business impact, and lead complex solutions / initiatives, providing regular F&VM insights, reporting and solutioning that is credible, robust, and relevant.
 

Qualifications

  • Degree in Finance and Accounting

Experience Required.

  • Middle Management (8-10 years' experience, Transaction Banking experience advantageous
  • Perform monthly cost insights and analysis reports. 
  •  Analyse and report monthly Month on Month (MoM), Year on Year (YoY) cost drivers, and budget vs. actual variances vs. rolling forecast. 
  • Champion cost allocation and recovery models supported by Product and/or Regional Heads. 
  • Drive a cost optimisation discipline/culture. 
  • Partner with TxB business and value chain partners on key cost projects. 
  • Prepare presentation, budgets, rolling forecasts and document key discussion points and minutes of key meetings.

Additional Information

Behavioural Competency

  • Developing Strategies 
  • Providing Insights 
  • Challenging Ideas 
  • Making Decisions 
  • Upholding Standards 
  • Interacting with People
  • Adopting Practical Approaches 
  • Directing People 
  • Examining Information 
  • Resolving Conflict 
  • Pursuing Goals 
  • Embracing Change 
     

Technical Skills

  • Intermediate to Advanced Excel and PowerPoint skills 
  • Knowledge of Power-Bi and SAP-BOLT systems advantageous 

Job Location

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