Expert, Group Cost Management

Job Purpose
• Be responsible for specialized topics on cost management
• Improve quality of bank- wide operational cost management in the E2E cost management process from planning to spending, reporting & analyzing the effectiveness of operating costs; and perform overall financial control to subsidiaries/associates from planning to actual performance in line with Group bank&039;s strategic plan
Key Accountabilities (1)
• Control cost effectively to meet business performance target, from planning to actual performance analysis:
+ Perform the opex annual planning of the bank, including:
Consolidate, analyse and provide insights to refine and reallocate cost resources in order to meet the topdown and finalize opex planning of the bank
Build processes, templates and tools for opex annual planning for the whole bank with breakdown by divisions, departments; and
Build the topdown number & principles for opex annual planning;
+ Prepare monthly EXCO report on cost topic to bring insights and recommendations to BOM to repurpose and optimize cost resources
• Planning and coordinating with stakeholders to implement specialized cost management topics
• Coordinate with centralized functions to analyse cost effectiveness and make recommendations to allocate resources from non- productive areas to productive ones
• Support Senior expert/ Senior manager to perform specialised topics on cost management
• Perform financial control for the subsidiaries/ affiliates and other long- term investment of the bank, including:
+ Control the overall financial planning of the subsidiaries/ affiliates which cover for both TOI, cost, balance sheet and general financial indicators of the subsidiaries/ affiliates
+ Play the key role as contact point to supervise the whole interaction between the bank and its subsidiaries/ affiliates to ensure the operations of the subsidiaries/ affiliates are consistent with the bank&039;s management governance, including but not limited to following tasks:
Co- operate with subsidiaries/ affiliates to evaluate, analyse and finalize pricing for their services providing to the bank
Post control and review management reports of the subsidiaries/ affiliates to ensure their cost spending in a consistent manner with the bank&039;s governance framework
Co- operate with stakeholders in the bank to evaluate business cases of the subsidiaries/ affiliates to meet the overall target of the bank
Coordinate the control, financial supervision and performance management reports of the subsidiaries/ affiliates, detecting errors as well as abnormal issues in costs, revenue, non- compliance issues with the laws and the bank&039;s standards & regulations; and define action for risks prevention
Key Accountabilities (2)
• Participate in projects related to cost management of the bank
• Support Senior Expert to improve & develop new tools, methods, models for budgeting, forecasting and cost- effective analysis
• Other tasks as assigned by the Department Manager

Cập nhật gần nhất lúc: 2025-11-21 03:30:03