Business Manager
2 weeks ago
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 Corporate Strategy Specialist
Budgeting and Expense Management
- Manage all COO Office cost centres and bank-wide cost centres owned by Global COO (GCOO), including creation of new cost centres.
- Lead the annual budget exercise for GCOO and assist GCOO with yearly Financial KPIs assessment and conduct yearly financial planning.
- Work closely with Team heads, cost centre owners and project leads on yearly financial planning and budget exercise.
- Manage bank-wide cost centres and ensure expenses are made within the assigned budget.
- Collate year-end accruals for submission to Finance
- Prepare monthly report for GCOO, covering headcount and YTD actual expenditure; explain any over-/under-spend.
- Monitor and oversee Group counterparts' financial budgets and produce monthly report to GCOO.
- Key coordinator with Finance for COO Office. Address all expense queries for COO departments and bank-wide cost centres.
- Set up and manage COO Office Procurement Process workflow and ensure it aligns with OCBC Group Procurement Policy and BOS Procurement Standards.
- Lead and train all Business Units appointed Spoke members on COO Procurement process roles and responsibilities.
- Initiate annual periodic review of vendors for (a) delisting (b) renewing KYV (c) monitoring MSA & SOW tracking no., (d) conducting vendor performance monitoring.
- Manage and review all procurement related documentations and assessments for the department and ensure all are done accurately.
- Attend to stakeholders' queries on vendor onboarding and procurement related queries and guide them on the steps needed to onboard vendor.
- Work closely with multiple stakeholders on Third Party Service Risk Management policy/assessment related queries.
- Key coordinator for COO Office on procurement related matters.
- Assist GCOO with yearly OP headcount request, overall headcount numbers and responsible in updating COO Office organisation chart.
- Support the development, enhancement, and execution of BOS' corporate strategy.
- Work closely with Head of Department (HOD) and key stakeholders, business units, and cross-functional teams to align strategic initiatives.
- Lead and manage strategy engagements, from initial scoping to implementation.
- Present strategic analyses, findings, recommendations, and progress updates for HOD, management committee, regional leadership, and the BOS board, including business activities and strategy papers.
- Support HOD in collaboration with global and regional senior management to identify and evaluate potential growth opportunities (organic/inorganic), partnerships, and market entry strategies, and to execute a plan of action to achieve the desired deliverables.
- Develop hypotheses and analyze data to identify insights that drive business decisions
- Design and execute primary research projects, including surveys, interviews, focus groups, and other qualitative/quantitative methods.
- Work with the data team and external consultants to perform market analysis, competitor assessments, and industry trend monitoring to identify strategic opportunities and potential threats.
- To drive implementation and execution of strategic initiatives, supporting change initiatives resulting from project implementation, and to communicate effectively to ensure buy-in and successful adoption across the organization.
- A university degree with at least 6 years' relevant experience.
- Solid demonstrable experience in working directly with Senior Management in a Strategy / business management capacity within the Front Office
- Driven self-starter who is delivery focused and possess strong communication, influencing and presentation skills.
- Ability to organize people and processes, and ability to lead groups toward a single goal.
- Thrive in a fast-paced environment and can adapt to various demands in a diverse culture.
- Familiar with relevant rules and regulations, those relating to local private banking business.
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