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SVP Lead Analyst - Cost Reduction Group

Hiring Company Industry: Financial Services
Number of Employees: 10,000+ Employees
Total Compensation: $300K
     - Base Salary: $220K
     - Bonus / Commission: $80K
Reports to: Director
Location: New York, NY
Position Filled
JOB DESCRIPTION

Our client is seeking a SVP to join the team responsible for developing and executing strategies to reduce the companies. You will work closely with business partners and service providers to develop strategies to optimize costs. The group oversees programs on both supply (vendor negotiations, new technologies, IT architecture, etc.) and demand (cost / asset benchmarking, setting corporate policies, proactively managing consumption) sides, and works closely with senior management to devise and execute strategies.  The candidate for this position will possess strong leadership skills and expertise in financial analysis, IT and Communication.  This person will also be responsible for:


Developing strategies to reduce the company’s global spending on IT and Communications.  Evaluating and developing business cases for senior management support and detailed plans to deliver cost reducing programs. Program manage several global cost reduction programs.  Act as the liaison with senior executives in IT, front/back-office divisions, procurement and expense management to influence and drive initiatives.  Establish strategic and operational KPIs for all expense lines.  Produce senior management reporting on projects and programs. 


 


REQUIREMENTS:


 


10+ years of work experience, ideally in financial services industry working in the IT area.


Experience in Procurement,  Cost Reduction, IT Strategy and/or Architecture desired.


Experience in management consulting or business advisory services a plus.


Strong interpersonal, written and verbal communications skills and ability to effectively engage senior executives in the firm.


Strong financial modeling skills, Excel, SQL experience required Knowledge of Hyperion Essbase a plus.


Ability to work with multi-disciplinary teams effectively under pressure in a rapidly changing environment.


Ability to manage multiple tasks and meet assigned deadlines.

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