Apply for Cost Efficiency Manager
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Please upload your resume and provide a brief cover letter for the Cost Efficiency Manager position at Freedom24.
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Position Information
Cost Efficiency Manager
Company: Freedom24
Description: Position imported from external system
Responsibilities: <ol><li>Analyze spending patterns to identify areas for cost optimization;</li><li>Develop and implement cost-saving strategies aligned with Freedom Finance Europe's growth targets and regulatory requirements;</li><li>Create detailed financial models to forecast impacts of proposed efficiency measures on the firm's profitability and operational capacity;</li><li>Monitor key performance indicators related to transaction costs, platform efficiency, and operational expenses;</li><li>Establish benchmarks against other European financial institutions to evaluate cost performance; </li><li>Collaborate with trading desk managers, IT leadership, and compliance teams to establish realistic budget targets;</li><li>Negotiate with financial technology vendors and market data providers to secure favorable terms and pricing;</li><li>Prepare regular reports for executive leadership on cost efficiency performance relative to industry standards;</li><li>Stay informed about fintech innovations and regulatory changes that impact operational costs.</li></ol>
Requirements: <ol><li>Bachelor's degree in Finance, Economics, Business Administration, or related field;</li><li>ACCA certification is an advantage;</li><li>5+ years of experience in financial analysis or cost management within financial services or brokerage firms;</li><li>Proven track record of successfully implementing cost-saving initiatives in regulated financial environments;</li><li>Strong analytical skills with expertise in financial modeling and cost analysis;</li><li>Excellent project management abilities with meticulous attention to detail;</li><li>Outstanding negotiation and communication skills;</li><li>Experience with financial services software platforms and advanced proficiency in Excel;</li><li>Knowledge of European financial regulations and their impact on operational requirements.</li></ol>