Banking - Business Manager - Vice President

Job description

**Vice President – BEU Team Lead** **Location:** Mumbai, India | **Level:** Vice President | **Type:** Full-Time | **Team:** Business Expense Unit (BEU) **About the Role** We're seeking a Vice President to join our Business Expense Unit team. Leads global business T&E operations for banking professionals, ensuring policy compliance, cost optimization, and process efficiency. Develops and implements strategic expense management frameworks, drives cost-reduction initiatives, and strengthens internal audit controls. Leverages data analytics and ServiceNow reporting to monitor performance, identify trends, and support informed budget planning and decision-making. **What You'll Do** **Team Leadership** - Lead and inspire a team, fostering a culture of excellence and accountability - Define team goals, KPIs, and performance objectives aligned with business priorities - Conduct regular performance reviews and support career development of team members - Manage resource planning, workload distribution, and team capacity - Champion diversity and inclusion initiatives within the team - Provide guidance and support to local team members; handle senior-level escalations **Stakeholder & Banker Relationship Management** - Serve as the primary point of contact for senior Bankers, Sponsors, and Business Execution Leads (BELs) - Lead performance reviews with preferred partners and contribute to global strategic initiatives - Manage vendor partnerships and senior-level business relationships - Collaborate across Finance, Compliance, Procurement, and HR **Strategic Leadership & Governance** - Provide strategic and visionary leadership for the T&E program - Champion value creation, operational efficiency, governance, and control - Oversee performance analytics; ensure KPIs and SLAs are consistently met - Deliver actionable insights and management reporting to optimize travel spend - Lead process improvement and change management initiatives **Expense Report Management:** - Oversee the timely and compliant preparation and review of banker expense reports, ensuring strict adherence to Operating Expense Governance Policy (OEGP). - Develop and implement robust controls to identify and flag non-reimbursable expenses and policy violations. - Effectively manage escalations, disputes, and exceptions to ensure efficient reimbursement processes and mitigate financial risk. **Expense Pre-Check & Quality Assurance:** - Lead and optimize the pre-check process for all submitted expense reports, establishing it as a critical quality control layer. - Drive continuous improvement in first-time-right submission rates through targeted training programs for EAs and BELs on OEGP policy and Concur submission best practices. - Monitor and analyse pre-check metrics to identify trends and implement corrective actions. **Corporate Card Program Oversight:** - Direct the end-to-end corporate card reconciliation process, including the generation of comprehensive spend summaries and analysis. - Implement strategies to assist bankers in achieving timely card settlement, thereby reducing delinquency rates. - Establish rigorous monitoring mechanisms for card usage, promptly identifying and addressing anomalous transactions, and fostering strong relationships with banking partners. **Procure-to-Pay (P2P) Operations (EMEA):** - Manage and optimize the Procure-to-Pay (P2P) cycle, overseeing both PO and non-PO invoice processing specifically within the EMEA region. - Serve as the primary Business Area Owner (BAO) for new vendor onboarding initiatives, ensuring compliance and efficiency. - Establish proactive measures for timely invoice settlement, including the diligent management of aging reports and strategic escalation of overdue items. **What You'll Bring** **Required:** - 10+ years of experience in travel program management or expense management, with proven leadership in corporate travel roles - Demonstrated success in leading teams, driving change, and championing diversity and inclusion - Expertise in managing senior-level business relationships and complex vendor partnerships - Exceptional communication and presentation skills - Proficiency in Microsoft applications, SAP Concur, and leading travel management systems - Strong analytical, organizational, and leadership capabilities - Ability to work independently, manage multiple projects, and collaborate across time zones - In-depth knowledge of travel technology, policy development, and emerging industry trends - Innovative and strategic thinker with a passion for continuous improvement ------------------------------------------------------ ## **Job Family Group:** Business Strategy, Management & Administration ------------------------------------------------------ ## **Job Family:** Business Execution & Administration ------------------------------------------------------ ## **Time Type:** Full time ------------------------------------------------------ ## **Most Relevant Skills** Please see the requirements listed above. ------------------------------------------------------ ## **Other Relevant Skills** For complementary skills, please see above and/or contact the recruiter. ------------------------------------------------------ *Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.* *If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review* *[Accessibility at Citi](https://www.citigroup.com/citi/accessibility/application-accessibility.htm).* *View Citi’s [EEO Policy Statement](https://www.citigroup.com/global/eeo-aa-policy) and the [Know Your Rights](https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.