Description

At Bank of Singapore, we are constantly on the lookout for exceptional individuals to join our team. We promote a culture of openness, teamwork and fairness. Most importantly, we invest in our people through our programmes that develop them on both professional and personal levels. Besides attractive remuneration packages, we offer non-financial benefits and opportunities to develop your potential within OCBC Group's global network of subsidiaries and offices. If you have passion, drive and the will to succeed, rise to the challenge today!

Bank of Singapore opens doors to new opportunities.!

Start your career with Bank of Singapore as a Business Expense Management Specialist (AVP) in the Business Insights & Sales Management team!

General Description

As the Business Expense Management Specialist within the Business Insights & Sales Management team, you will play a critical role in overseeing and optimising the COO department's expense management processes.

Together with a senior lead, you will support cost efficiency initiatives, ensuring compliance with financial policies, and providing insights to support operational and financial decision-making.

This role requires a detail-oriented leader with strong analytical skills and the ability to collaborate across multiple departments.

Responsibilities

The main duties for the candidate include, but not limited to:

• Lead the development, implementation, and continuous improvement of expense management of functions across COO Office.
• Monitor and analyse department-wide expenses to identify trends, variances, and opportunities for cost savings.
• Develop, implement, and maintain interactive data visualisation tools using Power BI and Tableau to provide clear insights into expense performance metrics.
• Prepare and present detailed reports and dashboards on expense performance to the COO Office and executive management. In particular, the candidate plays an active role in preparing and presenting monthly marketing spend trajectory and key metrics, which includes deeper insights through data and well thought out analysis, recommendations on budget reallocations among events to ensure dollar optimisation.
• Drive expense budgeting, forecasting, and variance analysis to support the COO Office and senior leadership in financial planning. Concurrently, the candidate will coordinate the annual budget exercise across all COO units consolidate and face off Finance in the whole expense budgeting process, as well as track and monitor units actuals against budgets.
• Collaborate with Finance and business units to ensure accurate and timely expense reporting and reconciliation, which includes tracking invoice payment status, invoices' recharges to Front Office and year end accruals collation for Finance submission.
• Implement and manage expense control measures to ensure compliance with corporate governance and regulatory requirements.
• Coordinate with internal audit and compliance teams for periodic reviews and audits related to expense management.
• Lead cross-functional initiatives aimed at optimising operational efficiency and reducing unnecessary expenditures.
• Stay updated with industry best practices and emerging technologies in expense management and financial controls.

Requirements

Education & Experience

• Bachelor's or Master's degree in a quantitative field (Statistics, Business Analytics, Data Science, Finance, Computer Science or Economics).

Industry Experience

5-8 years of experience in Financial Services, specifically withinPrivate Banking, Wealth Management, or Premier Banking.

Technical "Data Savvy" Competencies

• Advanced Data Manipulation: Mastery of SQL for data extraction and Python/R for advanced statistical analysis.
• BI Visualization: Expert-level proficiency in Tableau, PowerBI, or QlikView (moving beyond simple charts to complex, interactive drill-downs).
• Excel Power User: Ability to build complex financial models, including VBA/Macros and Power Pivot.
• Data Governance: Familiarity with banking data privacy standards (e.g., PDPA, GDPR) and CRM systems (e.g., Salesforce, Microsoft Dynamics).
• Familiarity with financial and banking databases (e.g., Bloomberg, Refinitiv) is an advantage.

Skillsets & Professional Attributes

• The "Translator" Ability: The rare skill of explaining complex data methodologies to non-technical stakeholders.
• Commercial Acumen: Understanding the why behind the numbers
• Exceptional problem-solving skills with demonstrated ability to perform forensic data analysis and technical audits under stringent regulatory deadlines.
• Independent and hands on at work.
• Takes initiatives in streamlining processes and driving automation.