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Truist Senior Cost Manager in Raleigh, North Carolina

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(accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

The purpose of this role is to design, develop, and execute strategies that align to the development of financial management processes that advance Enterprise Technology (ET) operational performance. Serve as a key subject matter expert (SME) on operating efficiency cost initiatives, financial risk management, supplier risk management, supplier portfolio management and reporting strategies for the Enterprise Technology enterprise.

Job description

ESSENTIAL DUTIES AND RESPONSIBILITIES

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

  1. Directs and oversees cost management for the Corporate Information Security Organization (CISO)

  2. Partners to develop business cases and strategies for budgeting, planning, and tracking expense.

  3. Directs and oversees relationships with business owners and technology leads to support overall funding needs.

  4. Ensures that program activities are on track to deliver appropriate ROI and enterprise benefits.

  5. Ensures implementation and oversight of appropriate risk management plans for program initiatives in area of responsibility.

  6. Monitors and challenges performance of current systems and processes. Identifies and advocates for solutions designed to deliver value and mitigate risk as appropriate.

  7. Leads team of internal and/or external resources to execute on vertical targets.

  8. Analyzes and collectively manages variances to the plan and overall CISO organization and makes recommendation and/or creates action plan to mitigate negative variances or to resolve issues.

  9. Articulates overall performance and initiatives via dashboard reporting for use by key executives.

  10. Manage resource approval process in coordination with finance and the RAC.

  11. Partner across the teams to define and scope projects and complete RFPs to contractually execute on those programs across Truist.

QUALIFICATIONS

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  1. Bachelor’s degree and eight years of cost and supplier management experience with experience managing complex, IT vendor relationships; or an equivalent combination of education and work experience.

  2. Deep specialized and/or broad functional knowledge. Sound understanding of business and organizational strategies and processes.

  3. Ability to interpret internal and external business challenges and recommend best practices. Ability to lead complex projects.

  4. Sophisticated analytical skills and the ability to solve complex technical and business problems.

  5. Ability to influence others at senior levels to adopt a new perspective.

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

Sitting

Constantly (More than 50% of the time)

Standing

Occasionally (Less than 25% of the time)

Walking

Occasionally (Less than 25% of the time)

Visual / Audio / Speaking

Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.

Manual Dexterity / Keyboarding

Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.

Availability

Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.

Travel

Up to 25%

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit our Benefits site (https://benefits.truist.com/)

. Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist supports a diverse workforce and is an Equal Opportunity Employer that does not discriminate against individuals on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law (https://www.eeoc.gov/sites/default/files/2022-10/EEOC_KnowYourRights_screen_reader_10_20.pdf)

Pay Transparency Nondiscrimination Provision (https://www.dol.gov/sites/dolgov/files/OFCCP/pdf/pay-transp_%20English_formattedESQA508c.pdf)

E-Verify (https://e-verify.uscis.gov/web/media/resourcesContents/E-Verify_Participation_Poster_ES.pdf)

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