Cost Analyst - Financial Planning & Analysis - BFSI - CA/ICWA/CFA

Summary:

Conduct industry and financial research, and data analytics to support clients and contribute to internal knowledge building efforts. Typical projects will involve gathering, analyzing, synthesizing and presenting data using structured methodologies and frameworks. Cost Analytics team benchmarks costs and operating margins for financial institutions. Costs are analyzed across cost types, financial market products, regions, etc. using public sources, regulatory disclosures and proprietary models.

Primary Responsibilities:

- Review Investment Banks/Financial Institutions Cost reporting structures along with maintaining and updating standard taxonomy in consultation with Seniors in the team

- Build, update and maintain Cost allocation methodology based on public and private data sources and feedback received from clients

- Prepare initial Costs estimates across all cost types, products and regions

- Update and review of reported to 'normalized' costs reconciliation

- Create data templates for clients based on client's reporting structure

- Update & Maintain Central Costs model based on client's product and Costs taxonomies

- Identify Costs drivers for Cost types from public sources, e.g., cost of property in key locations

- Collect data on Cost drivers from various sources in a central drivers data base

- Analyze the relationship between Costs drivers and reported/ estimated Cost by checking for a variance between them and reasons for the same

- Participate in client calls

- Co-ordinate with other research delivery teams in India and & Relationship across geography location for deliverables

Desired Skills & Experience:

- MBA or post graduate degree in finance, business management, statistics, economics or similar analytical fields.

- Professional certifications like CA, ICWA, CFA etc. would be an added advantage.

- Strong quantitative skills, an analytical mind and an ability to work with significant amounts of data, both numerical and qualitative

- Ability to take decisions while working with unstructured data and limited information

- Responsible attitude and ability to complete tasks in a timely manner

- Well developed interpersonal and active listening skills

- Prior experience of 2 to 5 years in financial research / analytics

- Sound knowledge of global capital markets products preferred

- A strong degree of independence and self-motivation

- Fluency in spoken and written English is essential

- Excellent working skills with MS office tools, especially good at advanced Excel and PowerPoint

- Working knowledge of professional information services like Bloomberg, Thomson Reuters etc. preferred