Cost Efficiency Manager

Description

Position imported from external system

Responsibilities

1. Analyze spending patterns to identify areas for cost optimization;
2. Develop and implement cost-saving strategies aligned with Freedom Finance Europe's growth targets and regulatory requirements;
3. Create detailed financial models to forecast impacts of proposed efficiency measures on the firm's profitability and operational capacity;
4. Monitor key performance indicators related to transaction costs, platform efficiency, and operational expenses;
5. Establish benchmarks against other European financial institutions to evaluate cost performance; 
6. Collaborate with trading desk managers, IT leadership, and compliance teams to establish realistic budget targets;
7. Negotiate with financial technology vendors and market data providers to secure favorable terms and pricing;
8. Prepare regular reports for executive leadership on cost efficiency performance relative to industry standards;
9. Stay informed about fintech innovations and regulatory changes that impact operational costs.

Requirements

1. Bachelor's degree in Finance, Economics, Business Administration, or related field;
2. ACCA certification is an advantage;
3. 5+ years of experience in financial analysis or cost management within financial services or brokerage firms;
4. Proven track record of successfully implementing cost-saving initiatives in regulated financial environments;
5. Strong analytical skills with expertise in financial modeling and cost analysis;
6. Excellent project management abilities with meticulous attention to detail;
7. Outstanding negotiation and communication skills;
8. Experience with financial services software platforms and advanced proficiency in Excel;
9. Knowledge of European financial regulations and their impact on operational requirements.

Conditions

1. Work in the modern office in the center of Limassol with Team of open-mind people;
2. Relocation package included compensation for flight, accommodation 1 month;
3. VISA sponsorship for employee and family members;
4. The Company cover 30% of annual cost of Healthy Plan, which employee will decide to set up with any Insurance Company;
5. 21 working days of paid vacation;
6. 12 additional days off per year at the expense of the Сompany;
7. The Employee is annually entitled to days sick leave with pay;
8. Team building, corporate events, football and volleyball clubs, sports events and challenges;
9. Competitive salary package including annual bonus.

Manager

Anna Konstantinova

Department

Finance Department

Company: Freedom24

Website: https://freedomfinance.eu/

About: We offer our EU clients a comprehensive solution for successful investments, including direct access to major stock exchanges, expert securities analytics, and dedicated client support. Freedom24 provides both domestic and international clients with access to American and other global stock exchanges, alongside a wide array of financial market services tailored …

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