CIB DPS Planning & Analysis Allocations Associate

Join the CIB DPS Planning & Analysis team to lead the end-to-end Operations & Technology expense allocation process, ensuring accurate, transparent, and well-governed cost assignment to front-office businesses. You’ll strengthen controls, connect data across enterprise tools, and deliver executive-ready insights that inform forecasting, budgeting, and senior leadership decisions.

What you’ll do

• Own the end-to-end Ops & Tech expense allocation cycle: identify, aggregate, and assign costs to front-office businesses on a defined cadence with high accuracy and timeliness.
• Strengthen financial controls across allocation rules and billing keys; resolve cost center mismatches and blocked centers; protect operating margin through partnership with Business Managers (BMs) and Chief Technology Officers (CTOs).
• Bring deep transparency to intercompany and intracompany allocations; clearly document and explain drivers of inbound allocations to DPS from shared services and other functions.
• Standardize methodologies and governance across Ops & Tech allocation modules; drive process improvements that reduce exceptions and rework.
• Connect the dots across enterprise platforms (e.g., SAPCO corporate allocation, Cognos, Apptio, Allocation Cube); reconcile scenarios and explain variances in plain language.
• Investigate direct and indirect allocations; handle ad-hoc business queries; prepare executive-ready Business Review materials for senior front-office leadership.
• Produce detailed cost-center reporting and analysis across time, organization, and scenario dimensions; translate findings into actionable recommendations for major business lines.
• Partner with global Finance and business management on cost center setup and ongoing financial reference data maintenance.
• Support monthly forecasting, mid-year outlooks, and annual multi-year budgeting; provide value-added analytics for management reviews.
• Lead cross-functional improvements and governance; own complex variance narratives and executive materials; design standard methodologies across modules; mentor peers and drive automation/consistency.

What you’ll bring (core qualifications)

• 7 years of experience with complex expense allocation or cost accounting in a large enterprise; Ops & Tech or shared services exposure a plus.
• Strong control mindset and familiarity with allocation rules/keys, cost center structures, and margin drivers.
• Proficiency with enterprise finance/ERP and BI tools (e.g., SAP/SAPCO or equivalents, Cognos, Apptio, Allocation Cube); advanced Excel; comfort reconciling data across systems.
• Analytical storytelling skills—able to turn complex allocation drivers into clear, concise insights for senior stakeholders.
• Effective stakeholder management; ability to partner with Finance, BMs, and Technology leadership to align on methodologies and changes.