About Albany Beck
Albany Beck is an award-winning consultancy specialising in Technology, Risk, Finance and Change within Financial Services. We work with leading Investment Banks, Retail Banks, Asset Management firms and global financial institutions, delivering high-impact solutions across Business Transformation, Operating Model Design, Regulatory Change, Cost Management, Data Programmes and Agile Delivery.
What differentiates Albany Beck is our people-first culture and commitment to professional development. We are passionate about creating meaningful career opportunities while helping our clients solve complex business and operational challenges within highly regulated environments.
Role Overview
We are seeking a motivated Business Management Consultant (BA/PMO) to join a newly established Strategic Cost Management function supporting a major UK banking client.
This role sits within the UK Bank COO organisation and plays a key part in helping to stabilise and shape a newly formed Business Management team responsible for a cost base of approximately £300m and a workforce of around 5,000 employees. The team has been created following a major organisational restructuring and is evolving into a structured cost and performance management function with increasing offshore integration.
The successful candidate will support both BAU delivery (monthly reporting, financial MI, governance and performance tracking) and strategic improvement initiatives focused on enhancing operating models, reporting quality and decision-making effectiveness
You will work closely with senior stakeholders, including the UK Bank COO organisation, as well as onshore and offshore teams, helping to translate complex financial and operational data into clear insights that support business decision-making.
Key Responsibilities
- Support a Strategic Cost Management function within a COO-aligned organisation
- Produce and maintain monthly financial reporting, management information and performance dashboards
- Analyse cost, budget, headcount and resource data to identify trends, risks and opportunities
- Support forecasting, variance analysis and financial performance tracking activities
- Assist in the development and enhancement of governance frameworks, reporting processes and controls
- Contribute to the design and implementation of operating model and process improvements
- Work with offshore and onshore teams to ensure consistent delivery of MI and reporting outputs
- Support stakeholder engagement across finance, operations and business management teams
- Prepare materials for senior governance forums, steering committees and executive updates
- Help identify and resolve data quality issues across financial and operational reporting
- Contribute to the stabilisation and build-out of a newly formed Business Management function
- Balance BAU responsibilities with strategic improvement initiatives in a fast-evolving environment
Key Skills and Attributes
- Strong understanding of financial analysis, cost management and management reporting
- Experience in a Business Analyst, PMO, Business Management or Chief of Staff-style role
- Strong analytical skills with ability to interpret complex financial and operational data
- High attention to detail with a focus on accuracy and governance
- Comfortable working in ambiguous and evolving environments with limited structure
- Strong stakeholder management skills with confidence engaging senior stakeholders
- Ability to prioritise effectively in a high-demand, fast-paced environment
- Proactive, resilient and solution-oriented mindset
- Strong communication skills with ability to simplify complex information for different audiences
- Ability to work independently while collaborating across multiple teams and locations
Preferred Experience and Knowledge
- Experience within Financial Services or other regulated environments
- Exposure to cost management, budgeting, forecasting or headcount/resource planning
- Experience supporting COO, Finance or Business Management functions
- Familiarity with governance frameworks, reporting cycles and executive MI production
- Experience working in transformation, restructuring or operating model change environments
- Strong Excel and PowerPoint skills for financial analysis and senior reporting packs
- Exposure to offshore delivery models (advantageous)
- Understanding of Agile or hybrid delivery environments (beneficial but not essential)
- Degree in Finance, Business, Economics, Mathematics or related field preferred