Assistant Vice President - Cost Management Analyst

HSBC; Bengaluru; On-site; INR 2,800,000 - 5,200,000; Full time

Job summary

HSBC in Bengaluru seeks an experienced Assistant Vice President - Cost Management Analyst to lead data-driven cost insights and decision support. You will develop datasets linking suppliers to costs and revenue to support cost-reduction initiatives and build TCO models to inform leadership decisions.

The role requires collaborating with Procurement, Analytics, and leadership teams to deliver reliable data, dashboards, and governance across locations, with strong stakeholder communication and

Qualifications

• Seven+ years of hands-on analytics experience.
• Experience solving complex business problems with data.
• Ability to present findings to senior stakeholders.
• Cost management experience in financial institutions or consultancies is a plus.

Responsibilities

• Develop datasets linking suppliers to costs and revenue to support cost-reduction decisions.
• Support Total Cost of Ownership models to inform management decisions.
• Liaise with Cost Management leadership, procurement, and analytics teams.
• Collaborate with data experts to deliver reliable data for service quality.
• Identify opportunities to improve Cost Management processes.
• Review analysis and reporting to identify themes, risks affecting objectives.
• Lead initiatives for data governance and regulatory compliance across locations.
• Monitor adherence to data tools, standards, and templates.

Skills

Advanced analytical skills

Stakeholder communication

Cost management experience

Data storytelling

Project management

Tools

SQL

Python

Microsoft Excel

PowerPoint

Qlik Sense

Tableau

Power BI

Job description

Some Careers Shine Brighter Than Others. If you’re looking for a career that will help you stand out, join HSBC and fulfil your potential. Whether you want a career that could take you to the top, or simply take you in an exciting new direction, HSBC offers opportunities, support and rewards that will take you further.

HSBC is one of the largest banking and financial services organisations in the world, with operations in 64 countries and territories. We aim to be where the growth is, enabling businesses to thrive and economies to prosper, and, ultimately, helping people to fulfil their hopes and realise their ambitions.

We are currently seeking an experienced professional to join our team in the role of Assistant Vice President - Cost Management Analyst.

In This Role, You Will

• Develop new datasets linking suppliers to operational costs and revenue to support customer‑centric decisions on cost‑reduction initiatives.
• Support the development of Total Cost of Ownership models, enabling management to make fact‑based decisions with full visibility of the impact on customers and revenue.
• Liaise regularly with a broad range of stakeholders, including Cost Management leadership, Procurement category managers and buyers, and Analytics teams across Procurement and Global Operations.
• Collaborate with data experts to achieve team objectives and provide leadership with reliable data that supports confidence in service quality and delivery.
• Identify opportunities to continuously improve and optimise the Cost Management programme by reviewing and enhancing existing processes.
• Review analysis, Management Information and reporting to identify key themes, trends and risks that may affect the achievement of organisational objectives.
• Lead initiatives that promote strong data management and quality practices, ensure regulatory compliance across locations, and maintain appropriate data tools, standards, frameworks and templates.
• Monitor adherence to policies, frameworks and tools relating to Data Governance and Data Quality, while managing relationships between data elements across different systems.

To Be Successful, You Will

• Have more than seven years of hands‑on analytics experience, using data to solve complex business problems and communicating findings to business and senior stakeholders.
• Have experience creating frameworks for continuous technical learning. Previous Cost Management experience within a financial institution, regulatory agency or major consulting firm would be beneficial.
• Be able to identify customer needs accurately and provide appropriate support, with experience preparing and interpreting Management Information reports.
• Demonstrate strong numerical skills, attention to detail, delivery focus and the ability to meet deadlines while maintaining high‑quality standards.
• Have project management experience, including developing and delivering plans to achieve outcomes on time with limited supervision, alongside current knowledge of analytics best practices, tools and trends.
• Have experience with relational databases, Structured Query Language (SQL) and Python, as well as strong data analysis, insight generation, storytelling, problem‑solving and presentation skills.
• Have advanced knowledge of Microsoft Office, including Microsoft Excel, Microsoft Word and Microsoft PowerPoint. Data visualisation experience using Qlik Sense, Tableau or Microsoft Power BI would be highly beneficial, along with proven experience building dashboards for senior management.

You’ll achieve more at HSBC

www.hsbc.com/careers

HSBC is an equal opportunity employer 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. We encourage applications from all suitably qualified persons irrespective of, but not limited to, their gender or genetic information, sexual orientation, ethnicity, religion, social status, medical care leave requirements, political affiliation, people with disabilities, color, national origin, veteran status, etc., We consider all applications based on merit and suitability to the role.”"

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