Job Description
Role: AVP
Team: Chief Technology Cost Office (CTCO)
Role Description: Technology & Software Cost Optimization Lead
As a part of the bank's strategy to reduce costs by end of 2026 by approximately 6 billion euros to 17 billion euros, Technology, Data, and Infrastructure (TDI) is committed to deliver a significant portion of this target. To achieve this, we need to have a good understanding and transparency of the cost base and financial and execution discipline to deliver the saves.
The objectives of Chief Transformation Cost Office (CTCO) as part of TDI COO function, is to ensure senior management across TDI and Finance have insight into potential cost trajectories and impacts to TDI of all DB Group related activities. Actively engage with various DB Business areas and focus on optimising consumption costs that can be influenced. In collaboration with technology leaders and business consumers across the bank, the team is accountable for the provision of accurate, timely and consumable cost transparency that can be actively leveraged to drive value and cost efficiency and through three interconnected sub-functions Product Cost Management & Allocations, Apptio Platform Management and Cost Optimisation. The team operates across TI, Business, Finance and Procurement as well as working with a variety of senior stakeholders including product and finance specialists, head of Functions, CIOs of Business Units and Management Board -1 senior executives.
The team is building a Cost Optimization unit to provide TDI senior management team, product managers and businesses (CEOs, COOs and CIOs) with monthly and quarterly analysis of the infrastructure costs of over €1.5bn pa by Business Area and contribute to identifying cost save opportunities.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities:
• Leading an area of Technology cost such as ADC (Applications Development and Compliance) with an objective to identify cost save opportunities, reduce costs and work with CIO COO teams to ensure the ADC costs are correctly reflected in the reporting
• Leading software cost analysis and collaboration with others subject matters within the team and wider organisation to develop the right framework for allocating and reporting software costs
• Analysing monthly and quarterly Business Bill and preparing presentation packs for senior management teams across all major Business Units
• Collaboration with Product Owners, Transformation Programs Execution teams, Finance, TDI COO office, Commercial/ Vendor management team and others to identify drivers behind the changes in monthly costs and add insights to the business reports
• Addressing CIOs and Businesses' ad hoc queries and supporting cost deep dives
• Contribute to identifying cost saves
Team: Chief Technology Cost Office (CTCO)
Role Description: Technology & Software Cost Optimization Lead
As a part of the bank's strategy to reduce costs by end of 2026 by approximately 6 billion euros to 17 billion euros, Technology, Data, and Infrastructure (TDI) is committed to deliver a significant portion of this target. To achieve this, we need to have a good understanding and transparency of the cost base and financial and execution discipline to deliver the saves.
The objectives of Chief Transformation Cost Office (CTCO) as part of TDI COO function, is to ensure senior management across TDI and Finance have insight into potential cost trajectories and impacts to TDI of all DB Group related activities. Actively engage with various DB Business areas and focus on optimising consumption costs that can be influenced. In collaboration with technology leaders and business consumers across the bank, the team is accountable for the provision of accurate, timely and consumable cost transparency that can be actively leveraged to drive value and cost efficiency and through three interconnected sub-functions Product Cost Management & Allocations, Apptio Platform Management and Cost Optimisation. The team operates across TI, Business, Finance and Procurement as well as working with a variety of senior stakeholders including product and finance specialists, head of Functions, CIOs of Business Units and Management Board -1 senior executives.
The team is building a Cost Optimization unit to provide TDI senior management team, product managers and businesses (CEOs, COOs and CIOs) with monthly and quarterly analysis of the infrastructure costs of over €1.5bn pa by Business Area and contribute to identifying cost save opportunities.
What we'll offer you
As part of our flexible scheme, here are just some of the benefits that you'll enjoy
• Best in class leave policy
• Gender neutral parental leaves
• 100% reimbursement under childcare assistance benefit (gender neutral)
• Sponsorship for Industry relevant certifications and education
• Employee Assistance Program for you and your family members
• Comprehensive Hospitalization Insurance for you and your dependents
• Accident and Term life Insurance
• Complementary Health screening for 35 yrs. and above
Your key responsibilities:
• Leading an area of Technology cost such as ADC (Applications Development and Compliance) with an objective to identify cost save opportunities, reduce costs and work with CIO COO teams to ensure the ADC costs are correctly reflected in the reporting
• Leading software cost analysis and collaboration with others subject matters within the team and wider organisation to develop the right framework for allocating and reporting software costs
• Analysing monthly and quarterly Business Bill and preparing presentation packs for senior management teams across all major Business Units
• Collaboration with Product Owners, Transformation Programs Execution teams, Finance, TDI COO office, Commercial/ Vendor management team and others to identify drivers behind the changes in monthly costs and add insights to the business reports
• Addressing CIOs and Businesses' ad hoc queries and supporting cost deep dives
• Contribute to identifying cost saves
💡 Quick Summary
Seeking a career-building opportunity? The BM Manager position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.