Head Centralised Expense Management Unit

10 - 15 Years

Job Description

Position Purpose

This is a newly created position in the organisation which would be responsible to drive expense
management program across the Bank. The position is responsible to drive large scale cost save
projects within the organisation and deliver cost save of several million rupees.
This position would have direct responsibility to drive culture of cost consciousness within middle and
senior management of the organisation
The position would maintain repository of all cost save initiatives and report it to Managing Committee
of the Bank at regular intervals. It is expected that this position would closely work with CFOs office
and Business Heads to closely track various cost efficiency related metrics.

Key Responsibilities

- Responsible to institutionalize best practises in the area of Expense Management and build cost
consciousness in the DNA of the organisation
- Responsible to manage expense analytics unit to generate insights for senior management
- Identify and deliver high value expense save initiatives across the organisation
- Institutionalize Scientific & data based approach for Expense Budgeting and Provisioning
- People management and team up-skilling would be an important attribute
- Responsible to provide insights into spends management and exception reporting to the highest level
- Critical review of high value spends and provide relevant industry benchmarks / market insights to the Deal
Review Board
- Own and drive cost to income ratio for the Organisation and provide strategic roadmap
- Build a strong governance framework around Spends approval and review
- Liaising with internal stake holders as a change agent while implementing industry leading best practises

Salary: Not Disclosed by Recruiter

Industry:Banking / Financial Services / Broking


Desired Candidate Profile

Please refer to the Job description above

Company Profile

Skill Ventory

Skillventory is an executive search firm, currently hiring for a fast growing bank.
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Contact Company:Skill Ventory