Allocated Cost Analysis and Optimisation, AVP

Lead global management of allocated costs and FTE management within the Private Bank division, supporting senior stakeholders including CEO, COO, and CFO.

Analyze, prepare, and present current, historical, and forward-looking cost data to Private Bank and Deutsche Bank group committees, with a focus on allocated cost methodology and transfer pricing.

Drive improvements in cost allocation transparency, governance, and reporting, including ad hoc analyses to support financial cycles and senior management decision-making.

Work Experience Required: Not explicitly mentioned in the JD.

Strong analytical background with detailed knowledge of DBCM, TDI cost allocations, and transfer pricing processes preferred.

Technical proficiency in systems such as ICAR, GGL, Apptio, Clarity, and strong MS Office skills including data visualization.

Excellent oral and written English communication skills; proven ability to leverage AI tools responsibly for productivity and problem-solving.

Demonstrated ability to manage and interpret complex cost allocation processes in banking or financial services environments.

Experience interacting with senior management and summarizing financial data clearly for strategic discussions and decision-making.

Proactive in identifying PB cost-saving opportunities and process improvements within allocated cost governance and transfer pricing.