London, GBR
1 day ago
TEC Cost Optimisation - AVP
**Do you want your voice heard and your actions to count?** Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world’s leading financial groups. Across the globe, we’re 120,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world’s most trusted financial group, it’s part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career. Join MUFG, where being inspired is expected and making a meaningful impact is rewarded. **TEC Cost Optimisation - AVP** **OVERVIEW OF THE DEPARTMENT/SECTION** The role of the IPR department is to ensure communication and liaison with Head Office (HO) in Tokyo, for both Bank and Securities, as well as accountability for EMEA Technology wide reporting, management of resourcing processes, management of asset processes and administration of wider planning processes including annual budget planning. The individual will be responsible for leadership of the following: **Global Offshoring** – Management and oversight of the EMEA Technology global offshoring plan, transitioning resources from high to low cost locations, including MUFG’s Indian centre of excellence, MGS. This requires close coordination with the Global Efficiency Office (GEO), Global IT Division and EMEA Technology Senior Leadership. **Cost Optimisation** - Responsible for identifying and reporting cost saving opportunities across EMEA Technology and Securities International, ensuring Head Office targets are met. This requires facilitation of cost save analysis across the EMEA Technology Departments and wider entities, including US and APAC. **MAIN PURPOSE OF THE ROLE** The primary focus of the role includes identification, analysis and tracking of cost saving opportunities across EMEA Technology. It requires a broad knowledge of the global offshoring process, as documented by GEO, and a good understanding of the finance mechanisms, budgeting and spend management across EMEA Technology. The role requires an ability to develop a close working partnership with C-Suite stakeholders and Global Directors, in addition to communicating complex financial summaries in a clear and concise manner. There is also extensive collaboration required with Finance, Resource Management, HR business partners and the Business Management teams for EMEA Securities and EMEA Bank, including regular liason with Head Office Tokyo partners for both Bank and Securities. **KEY RESPONSIBILITIES – Global Offshoring** + Responsible for leadership and management of the multi-year Global Offshoring plan + Responsible for managing and reporting the overall and annual cost save impact of the Global Offshoring plan for both Bank and Securities + Responsible for creation and coordination of regular reporting to Global IT and GEO, most importantly the quarterly GELM + Responsible owner of the monthly EMEA Technology Offshoring forum with the CIO and Senior Leadership Team, creating and coordinating relevant reporting and additional material for key topics + Responsible owner for EMEA Technology’s submission to the monthly Offshoring Champions Working Group + Regular cooperation with the Department Heads and respective business owners to identify future initiatives and support current initiatives + Responsible for monitoring transition status reports provided by GEO and taking the appropriate mitigating actions where required **KEY RESPONSIBILITIES -** **Cost and Service Optimisation** **Cost Efficiency & Cost Optimisation** + Responsible for the consolidated reporting, collation and tracking of all cost saving initiatives for the EMEA Technology expense budget plan as well as the capture of new ideas and initiatives. + Responsible for ensuring that controls and a reporting framework are in place so that each department has clear visibility on their targets and budgets. + Regular working with the Finance business partner to ensure costs are being managed effectively. + Responsible for ensuring reporting for EMEA Technology including budgets, allocations and actuals + Consolidate and create reports for cost efficiency and cost optimisation plan, detailed quarterly updates plus interim as needed to senior audiences. + Representation of the plan at senior forums and ownership for ensuring all related reporting is clear, accurate and timely. + Responsible for ensuring all the relevant parties and meetings are setup at the required intervals, ensuring everyone in EMEA and Tokyo regions are informed. **KEY RESPONSIBILITIES -** **General** **Risk Management** + Identify key risks, assessing and mitigating those risks in accordance with the appropriate risk management framework. + Monitor and control operational incidents, identify root causes and implement the necessary controls and processes to prevent a recurrence. **Culture & Leadership** + Promote the MUFG values-led culture which is inclusive and diverse. + Promote a dynamic, delivery driven culture that works alongside business units to provide responsive resolutions and value driven solutions. + Find ways to strengthen working relationships with stakeholders, including business teams. + Lead by example in building relationships across the bank and securities, establishing a stronger peer network and helping to strengthen collaboration. Build strong relationships with internal and external stakeholders to understand industry best practice, influence change and promote technical credibility. **WORK EXPERIENCE** Essential: + Proven track record of managing and delivering multi-year cost optimisation projects / programmes + Proven track record on delivering a standardised reporting service to C-Suite and MD level + Experience in managing teams located across the globe, including offshore relationships. + Proven experience of managing complex plans, including comprehensive experience in risk and issue management as well as dependency management. + Leadership and management within a global banking environment. + Proven technology and planning experience and understanding. Preferred: + Experienced in writing and implementing an IT operating model including financial management + Comprehensive understanding of EMEA IT policies, processes and standards. **SKILLS AND EXPERIENCE** Functional / Technical Competencies: Essential + Excellent collaboration and communication skills with C-Suite, MD level and subsequent grades. + Excellent ability to manage and track multi-year financial plans + Excellent ability to understand detailed, complex processes and communicate / visualise in a simple way to others. + Ability to communicate complex technology concepts to non-technology stakeholders + Ability to understand technology services, systems and costs + An understanding of financial budgets, actuals, inter entity charging and global cross charging + An understanding of global offshoring and the vendor procurement process + Excellent analytical ability in order to identify further opportunities for process and cost optimisation + Excellent conflict identification and resolution skills . We are open to considering flexible working requests in line with organisational requirements. MUFG is committed to embracing diversity and building an inclusive culture where all employees are valued, respected and their opinions count. We support the principles of equality, diversity and inclusion in recruitment and employment, and oppose all forms of discrimination on the grounds of age, sex, gender, sexual orientation, disability, pregnancy and maternity, race, gender reassignment, religion or belief and marriage or civil partnership. We make our recruitment decisions in a non-discriminatory manner in accordance with our commitment to identifying the right skills for the right role and our obligations under the law. At MUFG, our colleagues are our greatest assets. Our Culture Principles provide a roadmap for how each of our colleagues must think and act to become more client-obsessed, inclusive and innovative. They reflect who we are, who we want to be and what we expect from one another. We are excited to see you take the next step in exploring a career with us and encourage you to spend more time reviewing them! **Our Culture Principles** + Client Centric + People Focused + Listen Up. Speak Up. + Innovate & Simplify + Own & Execute
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