| Title: AVP - I/T Expense Management
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| Location: New York, NY
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| Job Type: Direct Hire
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| Compensation: $80,000.00 to $100,000.00 per Year
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| Reference Code: 945179-AQG
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| Description: A major New York City based Financial Service Firm seeks AVP in their I/T Expense Management group. The expense management group is a highly visible team who are responsible for developing and executing strategies to reduce the investment bank's expenses. For the IT & 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 expertise in financial analysis, IT and Communications, and be responsible for the following: 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; 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; establishing strategic and operational KPIs for all expense lines; producing senior management reporting on projects and programs; and staying current on emerging technologies and trends.
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Requirements: The skills, experience, and education required for this position include the following:
- Specialization in Finance, Business Management and I/T background is preferred
- 3 - 5 years of work experience, ideally in 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 ability to effectively engage senior executives in the firm
- Strong financial modeling skills, Excel, SQL experience is required
- Knowledge of Hyperion EssBase is a plus
- Ability to work with multi-disciplinary teams effectively under pressure in a rapidly changing environment
- Ability to manage multiple tasks and meet assigned deadlines
- Organized, accurate and detail oriented
- Motivated and a quick learner
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