Develop and implement a pan bank cost optimization strategy by collaborating with cross functional teams.  Cost growth analysis and development of cost optimization strategy:  - Analyse the cost growth in key cost categories and identify the drivers and cost owners for the same.   - Review categories in which the cost growth is more than the underlying revenue growth and highlight the same to CFO  Implementation and follow-up:  - Translate the cost control strategy into implementation steps (changes in people, structure, process, policies and technology) with clear owners and deadlines.  - Follow-up on the execution of cost control strategy and organize fortnightly review meetings with the core team. Provide weekly updates to CFO on the progress of key projects   Budgeting and periodic MIS:  - Prepare a detailed cost budget for all cost categories (Pan bank, department-wise and branch-wise)  - Develop metrics for cost control and publish periodic MIS to all the cost owners and to HR (for Balance Scorecard)  - Review investment proposals from a cost perspective and recommend course of action to the CFO

Mumbai

AVP - Financial Planning & Analysis - Bank 

AVP - Financial Planning & Analysis - Bank  ,Job Description for AVP - Financial Planning & Analysis - Bank  in EY in  Mumbai for (8-12) years of experience. Apply Now!

Job Description for AVP - Financial Planning & Analysis - Bank  in EY in  Mumbai for (8-12) years of experience. Apply Now!