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Cost Optimisation - AVP

INTEC SELECT LIMITED
Posted 10 hours ago, valid for 11 days
Location

London, Greater London EC1R 0WX

Salary

£120,000 - £3 per week

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The position of Cost Optimisation AVP offers a salary of up to £120,000, along with a 20% bonus and excellent benefits.
  • The role requires a proven track record in managing multi-year cost optimisation projects and extensive experience with global teams, particularly in offshoring.
  • Candidates should possess strong expertise in risk management, leadership in a global banking environment, and proficiency in developing IT operating models.
  • Exceptional communication skills and advanced financial planning capabilities are essential for collaborating with senior stakeholders.
  • The job is hybrid, requiring three days a week in London.
TEC Cost Optimisation – AVP – Up to £120,000 – Hybrid (3x week in London)OverviewOur client, a leading, global financial services organisation, are looking for a Cost Optimisation AVP, to provide leadership across global offshoring of resources and cost optimisation. The primary focus of the role includes identification, analysis, and tracking of cost saving opportunities across EMEA Technology.Role and Responsibilities
  • Identify and mitigate risks while ensuring compliance with the risk management framework.
  • Manage operational incidents by analysing root causes and implementing preventative measures.
  • Foster a values-driven, inclusive culture that encourages collaboration and innovation.
  • Build strong relationships with stakeholders and industry peers to share best practices.
  • Lead and manage the multi-year Global Offshoring plan to transition resources to cost-efficient locations.
  • Oversee and report on the financial impact of offshoring initiatives across Bank and Securities.
  • Coordinate closely with the Global Efficiency Office (GEO), Global IT Division, and senior leadership.
  • Create and present regular reports, including quarterly GELM updates, to key stakeholders.
  • Organise forums and submissions, such as the EMEA Technology Offshoring Forum and Offshoring Champions Working Group.
  • Collaborate with department heads to identify, support, and track cost-saving initiatives.
  • Drive consolidated reporting and ensure robust controls for cost-saving visibility across targets and budgets.
  • Prepare and deliver clear, accurate reporting on cost optimisation to senior audiences.
Experience and Skills
  • Proven track record in managing multi-year cost optimisation projects and standardised reporting to C-Suite and MD levels.
  • Extensive experience managing global teams, including offshore relationships.
  • Strong expertise in risk, issue, and dependency management.
  • Leadership within a global banking environment with technology and planning proficiency.
  • Experience in developing and implementing IT operating models.
  • Familiarity with EMEA IT policies and standards.
  • Exceptional communication and collaboration skills with senior stakeholders.
  • Advanced financial planning and management capabilities.
  • Ability to simplify and visualise complex processes for diverse audiences.
  • Proficiency in technology services, systems, and cost structures.
  • Strong analytical skills to identify and drive process and cost efficiencies.
  • Expertise in global offshoring and vendor procurement processes.
Package
  • Up to £120,000 base
  • 20% bonus
  • Excellent benefits
  • Hybrid (3x week in London)

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.