Cost Optimisation - AVP

TECCostOptimisationAVPUpto £75,000 Hybrid (3x week in London)

Overview
Our 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, 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.

• Proven track record in multi-year cost optimisation projects and standardised reporting to C-Suite and MD levels.
• Experience in risk, issue, and dependency management.
• 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.
• Experience in global offshoring and vendor procurement processes.

• Up to £75,000 base
• 20% bonus
• Excellent benefits
• Hybrid (3x week in London)