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Req ID: 6930
Job Description:
Summary
This role requires a candidate with a strong background in process optimisation, project management and change management, coupled with the ability to implement cost-reduction strategies effectively. The candidate will collaborate with cross-functional teams, conduct in-depth process analyses, and implement changes while ensuring seamless transitions through effective change management.
Duties and Responsibilities
- Assist in creating and implementing cost reduction initiatives aligned with the bank's strategic objectives.
- Collaborate with senior management to define program scope, goals, and deliverables.
- Work with various departments and stakeholders to ensure smooth integration and execution of cost-reduction initiatives.
- Facilitate communication and maintain alignment across business units.
- Support the Manager in allocating resources such as budget, personnel, and technology to achieve program objectives.
- Identify risks and challenges associated with cost-reduction efforts.
- Assist in developing and implementing strategies to minimize disruptions.
- Track the progress of initiatives using established key performance indicators (KPIs).
- Prepare progress updates and reports for senior management.
- Collaborate in developing change management strategies to ensure organizational readiness and acceptance.
- Assist HR in addressing employee concerns and promoting a smooth transition.
- Contribute to quality assurance processes to ensure cost-reduction initiatives meet expected standards and goals.
Qualification
- Bachelor's degree in Business Administration, Finance, Accountancy, Engineering, or a related field.
Years of Experience
- 5 – 8 years
Specific Skills/Knowledge and Certification Required
- Extensive experience in program management, including planning, execution, and monitoring.
- Familiarity with program management methodologies and frameworks.
- Strong financial analysis skills and an understanding of financial principles related to cost reduction.
- Ability to think strategically and align cost reduction initiatives with overall business goals.
- Excellent communication skills and the ability to lead cross-functional teams toward common goals.
- Strong leadership qualities to inspire and motivate teams.