Cost Transformation - Senior Manager

Overview

As a Senior Manager in Cost Transformation, you’ll lead initiatives to identify and agree cost-saving opportunities across Barclays UK, helping the bank achieve its financial objectives, address operational challenges, and deliver enhanced customer experience. Acting as an internal consultant, you’ll work with small, focused teams to analyse specific areas of the business, uncover opportunities for efficiency, and make recommendations that reduce costs or enhance customer experience.

You’ll take ownership of programmes and work streams, from opportunity identification all the way to ensuring benefits is included in the financial plans. Your role will involve engaging with stakeholders, presenting findings, and ensuring improvements are implemented effectively. This is a high-impact position where your ability to combine strategic thinking with business partnering which will be key to shaping the bank’s cost transformation agenda and delivering sustainable change.

• Confident interpreting operational and financial data, defining analysis and metrics.
• Proven experience in strategy or transformation roles.
• Excellent senior stakeholder engagement skills.

• Professional financial qualification (e.g., ACA, CFA, ACCA).
• Experience in cost optimisation or operational improvement projects.

You may be assessed on key critical skills relevant for success in role, such as risk and controls, change and transformation, business acumen, strategic thinking and digital and technology, as well as job-specific technical skills.

To develop business capabilities for Finance through key stages of functional design, data, end-to-end-process and controls, delivery, and functional testing.

• Functional Design: leveraging best practice concepts, and in collaboration with Line SMEs, support options analysis and recommendations as part of decision making.
• Data Analysis/Modelling/Governance: design conceptual data model underpinning all phases of the processes, and governance requirements in accordance with GDMS standards and principles.
• End-to-End Process & Controls - development of target process and controls design/documentation and operational runbooks and aligning these components with organisational and role/service model design definitions.
• Delivery/Implementation Support: update design/functional requirements throughout the development cycle, and resolve RAIDS related to functional requirements and business processes. Project management for change programmes that have limited technology investment.
• Functional Testing: develop scripts and data to test alignment to requirement definitions, ahead of user testing cycles.

• To contribute or set strategy, drive requirements and make recommendations for change. Plan resources, budgets, and policies; manage and maintain policies/ processes; deliver continuous improvements and escalate breaches of policies/procedures.
• If managing a team, they define jobs and responsibilities, planning for the department’s future needs and operations, counselling employees on performance and contributing to employee pay decisions/changes. They may also lead a number of specialists to influence the operations of a department, in alignment with strategic as well as tactical priorities, while balancing short and long term goals and ensuring that budgets and schedules meet corporate requirements.
• If the position has leadership responsibilities, People Leaders are expected to demonstrate a clear set of leadership behaviours to create an environment for colleagues to thrive and deliver to a consistently excellent standard. The four LEAD behaviours are: L – Listen and be authentic, E – Energise and inspire, A – Align across the enterprise, D – Develop others.
• OR for an individual contributor, they will be a subject matter expert within own discipline and will guide technical direction. They will lead collaborative, multi-year assignments and guide team members through structured assignments, identify the need for the inclusion of other areas of specialisation to complete assignments. They will train, guide and…