Analyst - Cost & Budgeting - Bank

Role summary and key responsibilities :

- Our liabilities business is presently one of the fastest growing in the industry both in terms of customers and size of the book, coming on the back of superior product proposition and industry leading digital capabilities

- In next few years, we want to grow the liabilities book by at least 4-5x. In line with overall strategy of the bank, we will build and scale up truly transformational digital, analytics and organizational capabilities which will enable us to acquire high quality customer base and then build deep banking relationship with them to drive this growth

- As part of this ambition, we want to create country's best digital-led engagement channels to service and engage our most premium customers

- The operating model for this engagement channel and portfolio management would be significantly differentiated from traditional setups both in terms of people and tech capabilities.

- Our intent is to go to market and differentiate our product in the market on the back of the experience and engagement delivered through this channel for our customers

We are looking to hire a strong member in the liabilities Business and Customer Insights team who would be a key enabler in the non-linear growth of the book. You will report directly to the Head of Customer & Business Insights. You will be responsible to drive business planning and monitoring including:

1. Lead overall business planning and monitoring, including budgeting, revenue realization, and cost management for RL

- Collaborate with stakeholders to establish financial targets, revenue projections, and cost management strategies for RL

- Monitor and evaluate the financial performance of RL, ensuring that it remains in line with budgeted targets and financial forecasts

- Identify areas of improvement or cost-saving opportunities and provide recommendations to optimize the financial performance of RL

2. Work closely with business finance team to monitor the actual realization of revenue and costs

- Compare the actual financial performance against the budgeted targets and identify any discrepancies or variances

- Conduct regular financial reviews and performance analysis, highlighting areas of concern and recommending corrective actions if necessary

- Provide financial insights and recommendations to the business finance team and other stakeholders for informed decision-making

Key skills and background :

- Challenger mindset & passion to challenge status quo to find innovative solutions to drive out of the box ideas

- Superior analytical skills, with the ability to analyze data and make data-driven decisions

- Believer in entrepreneurial culture of brutal ownership, transparency, and trust

- Hustler, with solid understanding of consumer/ banking/ fintech products & journeys

- Deep knowledge of industry trends and experience in competitor research, analysis, and industry benchmarking

- Excellent communication and interpersonal skills, with the ability to communicate effectively with customers, colleagues, and senior management.

- Strong project management skills, with the ability to manage multiple projects simultaneously.