Direct Cost Business Partner, RBWM Europe

Job description

Some careers shine brighter than others.

Something new and exciting is happening at HSBC. We are separating our retail bank from our investment bank and creating HSBC UK, with a brand new state-of-the-art head office in Birmingham. The move is a big step, and will take us one step closer to achieving our ambition to be the bank of choice in the UK. However, the move to Birmingham doesn't just represent a new dawn for our business. It's also an exciting opportunity for ambitious professionals who are keen to get involved in a unique challenge and progress their careers. We're looking for individuals who are motivated to grow and shape the UK bank, and who will thrive in a flexible working culture within a dynamic and diverse office environment, making the most of what Birmingham has to offer.

The Direct Cost Business Partner, RBWM Europe role is based within Finance.

The role of the Direct Cost Business Partner, RBWM Europe is to:

· Lead business finance partner for management of Direct Cost Base across Europe
· Ensure adherence to RBWM global cost management framework
· Provide financial and operating support to RBWM Europe executives on cost matters
· Utilise globally consistent management information and reporting framework, providing key financial and non-financial information to business to support achievement of RBWM strategy
· Support strategic cost management activities ensuring cost targets are achieved and appropriate level of rigour is applied to achieve sustainable cost save targets

Your responsibilities will include:

· Deputy for Regional Head of costs on all strategic cost matters - proactive in analysing the cost base across all Europe markets and brands and recommending optimisation opportunities
· Support for all key cost governance meetings, ie Regional RBWM Exco, HBEU Exco, BPRs, Global RBWM Exco
· Takes ownership for major ‘ad-hoc' cost projects. e.g. product profitability, cost framework, branch cost allocation
· Ensure adherence to Global RBWM cost management framework and supports finance control process for key issues - e.g. consultancy, variable pay, pay review, FSCS
· Provide monthly forecast updates for Europe cost and FTE. Production of the annual AOP
· Responsible for standard MI ownership (pack 1.3) and to ensure use in key markets and governance forums
· Deliver fair outcomes for our customers and ensure own conduct maintains the orderly and transparent operation of financial markets
· Support the Regional Cost Business Finance team's performance, engagement and overall development
· Develop business finance capability and resourcing as appropriate to ensure the business is adequately supported by Business Finance
· Identify, transfer and foster sharing of best practice across countries and regions
· Stay abreast of all financially-related, internal and external market-wide initiatives that affect RBWM. Provide appropriate updates and briefing as necessary and applicable
· Implement and validate non-financial metrics used in external reporting
· Drive the agenda for improved cost reporting to meet the strategic needs of the business
· Understand, follow and demonstrate compliance with all relevant internal and external rules, regulations and procedures that apply to the conduct of the business in which one is involved, specifically Internal Controls and any Compliance policy including, inter alia, the Group Compliance policy

Desired profile

The ideal candidate for this role will have:

·  Experience working in relevant environment/s, i.e. Banking/ finance
·  Experience working in relevant market/context, i.e. Banking/ finance
·  Role relevant qualifications, i.e. CIMA, Aca, acca
·  Past working experience in a relevant role, i.e. Yes
·  Set and achieved challenging short, medium and long term goals which exceeded the standards in their field
·  Both spoken and written communication skills with experience of adapting your style and approach to the audience and message to be delivered
·  Experience of planning and prioritising their own time effectively, aware of their responsibilities and committed to delivering these efficiently
·  Used their business knowledge and understanding of customer needs to successfully manage and grow customer relationships

The base location for this role is Birmingham, 120 Edmund Street

At HSBC we look to enable our employees to better balance their work / life priorities and have the flexibility required to meet challenging needs as they progress through different life stages. Where possible we will consider the following flexible working options: part-time working, job sharing, term-time working, working from home and staggered hours. If in considering a role with HSBC you have a need for some flexibility in your working arrangements please discuss this with the recruitment team in the early stages of the application process.

Within HSBC certain roles are designated as Enhanced Vetting Roles. For these roles, all internal and external applicants are required (subject to local laws), to pass satisfactorily a series of additional checks both as part of the application process and, if successfully recruited into the Enhanced Vetting role, on an on-going basis. The Group reserves its position with regard to any steps which it may take in relation to any material adverse findings which arise either when the checks are first carried out as part of this recruitment exercise, and/or if relevant, on an on-going basis.　

This role has been designated as an Enhanced Vetting Role.

HSBC is committed to building a culture where all employees are valued, respected and opinions count. We take pride in providing a workplace that fosters continuous professional development, flexible working and opportunities to grow within an inclusive and diverse environment.

Key search words: Finance Business Partner, Costs, Finance,