Senior Consultant Specialist, HSBC

HSBC

Location:
India, Pune

Category:
IT - Administration

Contract Type:
Employment contract

Salary:

Not provided

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Job Description:

HSBC is seeking an experienced professional for the Senior Consultant Specialist role. The job involves cost and workforce management, third-party spend tracking, resource forecasting, and managing business frameworks. The candidate will work closely with global teams, ensuring adherence to financial and operational targets.

Job Responsibility:

Cost and Workforce Management: Headcount planning, forecasting and target Management (perm & non perm)
Management of Boundary Changes, Target Adjustments and Handshakes, Capitalisation monitoring, working with a variety of other teams
Accountable for advising on cost and headcount approvals to ensure adherence to budgets, forecasts, any HC caps and workforce plans
Collaborate with Regions/account leads/PMO and facilitate funding arrangements
Financial Resource Plan: Accountable for the VSIP and allocated budget by Governed Portfolio for the respective functions they support
Direct Cost: Accountable for managing, tracking, and variance explanation of Direct Cost forecasts, actuals and working budget
Third Party Spend (TPS) Management: Thorough review of contracts (new/renewal/extension/variation) before TPS submission for approval. Ensuring that contract includes proper scope, deliverables, delivery milestones, contract value for money, payment terms, etc. Follow TPS submission timelines and approval guidelines of Cost & Commercial Board
Track and maintain MI on 3rd party spend for the function
Verifying Third Party accruals calculation as shared by WPB IT COO for monthly creation and releases
Resource Tracking: Accountable for managing, tracking, and reporting Workforce forecasts and actuals
Interface with COO to ensure Workforce forecast and actuals are within the constraints of the AOP
Facilitate role submissions (new/extension/variation) and approvals
Business Framework Management: Accountable for maintenance of the Business Framework (HR Node & Cost Centre Structure), as well as resource location, people moves etc. for the relevant sub-function being supported, working with the relevant horizontal function
Cost Targets: Accountable for delivering any resource related cost saving targets (e.g. Permanent Headcount Cap) for the function and reporting any variance explains
Efficiency (RTB/CTB) targets (Tracking/reporting/contribution to efficiency targets) on People, Third Party (SCO), Cloud (optimisation), etc.
Other BM support: Supporting team on Half yearly impairment exercise, closure of CAM challenges, RTB headwinds, Furlough planning/execution/reporting, etc.

Requirements:

Ability to distil complex and varied data into meaningful information
good process analysis and problem solving skills
Attention to detail and ability to ensure that information is captured in a timely manner
Strong written and verbal communication skills
Excellent financial management ability
Understanding of the HSBC Group Operating Model across all Global Businesses
Ability to quickly understand requirements and concerns and deliver a quality response
Proven ability to prioritize workload effectively in line with priorities
‘Can Do’ attitude. Willing to turn a hand to whatever task is required
Ability to build relationships by communicating, influencing and negotiating effectively with business heads, senior managers, technical experts across functions
Willingness to own work and problems and see through to completion and to use own initiative to resolve issues
Strong interpersonal skills, and ability build and maintain global team relationships
Ability to work with minimal supervision and a flexible approach to working hours and responsibilities
Self-motivation, and a proven rapid learning capability in a changing environment are essential
Able to work independently, proactively and under pressure against multiple deadlines
Aspiring: ambitious to provide the highest standards of delivery and to embed them within the team
Driving: set stretching goals for self and team and deliver them with courage and tenacity
Mobilizing: authentically engage with team, colleagues and business partners to deliver at pace
Sustaining: make considered decisions that protect and enhance HSBC values, reputation and business
CA/MBA (Finance) with proven experience (5-8 years) in regional or functional financial budgeting, strategic planning, communication, and people/third party management processes
Previous background of working in a matrix organization structure
ability to persuade individuals at different levels
Evidence of delivery in a similar role within a global organization
Strong financial acumen and comfort with numbers
Hands on experience with Confluence and keen to learn ERP such as Fusion, Archer, Cognos and Internal HSBC systems (GPDM, Pioneer HC, Pioneer TPS)

What we offer:

Flexible working
Continuous professional development
Opportunities to grow within an inclusive and diverse environment

Additional Information:

Job Posted:
August 26, 2025

Expiration:
September 09, 2025

Employment Type:

Fulltime

Work Type:

On-site work

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Senior Consultant Specialist

HSBC

Location:India, Pune

Category:IT - Administration

Contract Type:Employment contract