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Title:  SVP - I/T Expense Management
Location:  New York, NY
Job Type:  Direct Hire
Compensation:  $200,000.00 to $250,000.00 per Year
Reference Code:  945174-AQG
Description:  A major New York City based financial service firm seeks an SVP in their I/T Expense Management group. The expense management group is a highly visible team who is responsible for Developing and Executing Strategies to reduce the investment bank's expenses. For the IT and Communications category of expenses, we work closely with our business partners and service providers to develop strategies to optimize costs. We oversee programs on both supply (vendor negotiations, new technologies, IT architectures, etc.) and demand (cost and asset benchmarking, setting corporate policies, proactively managing consumption) sides, and work 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 Communications, and be responsible for developing strategies to reduce the investment bank's global spend in IT and Communications evaluating and developing business cases to gain senior management support and detailed plans to deliver cost reduction programs. This person will program manage multiple global cost reduction programs; act as the liaison between senior executives in IT, front/back-office divisions, procurement and expense management to influence and drive initiatives; and establishing strategic and operational KPIs for all expense lines. This person will be producing senior management reporting on projects and programs and staying current on emerging technologies and trends.
Requirements:  Candidates must have a specialization in Finance, I/T and Business Management. This person will prefer a minimum of 10 years of work experience, ideally major Consulting with Financial services experience. Required experience in Procurement and/or Cost Reduction and/or IT Strategy and Architecture is desired. Experience in management consulting or business advisory services is a plus. Strong interpersonal, written and verbal communications skills and the ability to effectively engage senior executives in the firm are required. Strong financial modeling skills, Excel, SQL experience is required. Knowledge of Hyperion EssBase is a plus. Candidates must have the ability to work with multi-disciplinary teams effectively under pressure in a rapidly changing environment and the ability to manage multiple tasks and meet assigned deadlines.