Senior Strategic Cost Manager

If you’re looking for a career that will unlock new opportunities, join HSBC and experience the possibilities. Whether you want a role 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.


As an HSBC employee in the UK, you will have access to tailored professional development opportunities and a competitive pay and benefits package. This includes private healthcare for all UK-based employees, enhanced maternity and adoption pay and support when you return to work, and a contributory pension scheme with a generous employer contribution.


We are currently seeking an experienced individual to join this team in the role of Senior Strategic Cost Manager.


In this role, you will:

• Collaborate and support the cost management and analytics underpinning the Bank’s performance and strategy, primarily focused on the cost base of the Commercial Banking division (CMB), however, you may be required to engage on common cost stream themes and initiatives within the Strategic Cost Management (SCM) team.
• Provide analytics enabled business partnering approach to plan / budget future expenditure and investment.
• Ensure cost budget owners deliver upon their budgeted commitments, identify opportunities for improved productivity, and assess the success of investments made through investment case reviews and that they are strategically aligned through the planning process.
• Lead, motivate and inspire a team of 2 x GCB5 Cost Managers.
• Continuously improve internal processes by identifying and implementing automation opportunities.

To be successful in this role you should meet the following requirements:

• Demonstrable strategic cost management experience is essential.
• Qualified Accountant (ACA, ACCA, CA, CIMA or equivalent).
• Forecasting and budgeting experience.
• Business partnering experience within a finance function.
• Experience of directing, engaging, motivating, and leading a team.
• Collaborative, engaging, credible and methodical; being able to bring the policy, strategy, initiatives, and narrative to life (e.g., presenting management information to a wide range of stakeholders/ senior management).
• Experience of building and maintaining strong relationships with senior stakeholders (all levels of seniority, businesses, and geographies).

The base location for this role will be Birmingham and with a hybrid working pattern.


Being open to different points of view is important for our business and the communities we serve. At HSBC, we’re dedicated to creating diverse and inclusive workplaces - no matter their gender, ethnicity, disability, religion, sexual orientation, or age. We are committed to removing barriers and ensuring careers at HSBC are inclusive and accessible for everyone to be at their best. We take pride in being a Disability Confident Leader and will offer an interview to people with disabilities, long term conditions or neurodivergent candidates who meet the minimum criteria for the role.


If you have a need that requires accommodations or changes during the recruitment process, please get in touch with our Recruitment Helpdesk:


Email: hsbc.recruitment@hsbc.com
Telephone: +44 207 832 8500