Senior Officer, Cost Management

Key Accountabilities
- Control cost effectively to meet business performance target, from planning to actual performance analysis:
+ Perform the opex annual planning of the bank, including:
i) Build the topdown number & principles for opex annual planning
ii) Build processes, templates and tools for opex annual planning for the whole bank with breakdown by divisions, departments; and
iii) Consolidate, analyse and provide insights to refine and reallocate cost resouces in order to meet the topdown and finalize opex planning of the bank
+ Prepare monthly EXCO report on cost topic to bring insights and recommendations to BOM to repurpose and optimize cost resources
- 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's management governance, including but not limited to following tasks:
i) Co-operate with subsidiaries/ affiliates to evaluate, analyse and finalize pricing for their services providing to the bank
ii) Post control and review management reports of the subsidiaries/ affiliates to ensure their cost spending in a cosistent manner with the bank's governance framework
iii) 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's standards & regulations; and define action for risks prevention
- Cloud cost management.
- Manage bank-wide cost within approved budget, and in compliance with bank policies & procedures, including but not limited to following tasks: review cost proposals, review forecast and accruals, run management report and perform cost analysis from bank-wide level to division level
- Review cost allocation report and perform cost & profitability analysis by business unit
- Build, develop and maintain a monitoring process, templates and reports to manage the cost of the bank and its subsidiaries/ associates