Simon Chisholm Email & Phone Number

Reading, Gb

Victoria, London, Gb

In-between jobs. Planned on taking a short career break.

London, England, Gb

- Following an internal restructure, I took on the role of Head of Finance Business Partnering for the Central Support Functions, IT and Operational areas of the Bank (including Investment and Change the Bank portfolio spend)- I manage a team of 10, and collectively we partnered with the business with a focus on adding value, acting as trusted and strategic advisors, effective at influencing, challenging and translating financials into a compelling business story- I supported a number of Executive Committee (Exco) members, ensuring they had the management information and analysis required in order to make the right decisions for the wider benefit of TSB and deliver on the strategy- The Finance Business Partner team work with their business clients to identify opportunities and potential threats and to agree monthly forecasts and annual Medium Term Plan budget targets through effective collaboration and challenge- I was an active and valued contributor at the Exco members’ monthly team meetings and financial review sessions- I also prepared all TSB consolidated cost analysis and MI for the CFO, Exco and Board

London, England, Gb

- Managed a Finance team mainly responsible for 2 key workstreams:1/ Analytics & Accounting: Responsible for getting the right costs in the right place in the ledger each month. Providing cost accounting expertise, financial insight, owning the integrity of month end for costs (balance sheet & P&L), and taking the lead to drive change and process efficiency2/ Cost & Headcount Analytics & Planning: Provision of strategic and commercial insight and analytics of Bankwide cost and headcount performance to the CEO, Execs and Board, and delivering effective teamwide process & planning (e.g. ownership of monthly flash reporting, monthly outlook process and annual cost budget submission)- The team underwent significant change during my tenure, and I was instrumental in documenting and understanding existing processes and reporting, and designing and implementing changes for a new cost team Target Operating Model to support functional business area reporting at TSB for the first time- I was responsible for the facilitation, consolidation and analysis of the annual bankwide cost budget submission (5 year Medium Term Plan, c. £800m pa), as well as provision of supporting MI and metrics for Execs, Board and Group owners- As owners of bankwide cost reporting, my team were also responsible for tracking, understanding and reporting on progress against TSB’s external commitment made in 2019 to deliver £100m of cost savings by 2022. This involved close liaison with a number of senior contacts across Finance and the business to help identify, validate, challenge, prioritise and then monitor ongoing cost savings- I built a new Total Cost of Ownership (TCO) cost allocation model, to help support better understanding of the drivers of the TSB cost base (and ultimately help deliver on the cost saving commitment), as well as supporting new product profitability analysis and reporting, and providing updated figures for use in NPV product pricing models

London, Gb

- Interim Head of Department in Finance reporting directly to the Finance Director- Managed a team of 18 permanent staff consisting of the Business Planning & Analytics (BP&A) Team, the Finance Business Partners and the Finance Systems team- Prepared actionable / decision support MI for and attended / presented at senior management meetings and committees including the Executive Directors Committee (EDCo), the Governors Committee (GovCo), the Investment Board and Court meeting (equivalent of Board meeting in a private company)- Attended weekly Finance Senior Leadership Team meetings- Finalised the Bank’s annual cost budget (> £600m), identifying the need for annual cost saves of £20m, and highlighted budget risks and opportunities to Governors and Court- I drove change through the Finance organisation to improve processes, reporting and analytics for both senior Finance management and business clients, and to build out a Business Planning & Analytics function- Performed ‘As Is’ / ‘To Be’ / Gap analysis to align function with Finance’s wider strategy and aims of improving consistency, accountability and transparency throughout the Bank- Ownership of ‘golden source’ cost and headcount MI, preparation of monthly and quarterly Bankwide financial slides, facilitation and consolidation of quarterly forecast and annual budget processes- Designed, built and maintained the Bank’s total cost allocation or ‘funding’ model (audited by external auditors and the NAO annually)

Zurich, Ch

Finance Business Partner for 2 TIS (Technology Infrastructure Services) functions; 1/ GPS (Global Products & Services) and 2/ TBP (Technology Business Partnering). Supported clients (3 Managing Directors, their direct reports and COO Teams) in understanding, managing and controlling their cost bases and headcount. Assisted in all aspects of Financial support / advisory role, including strategy and planning, risks & opportunity identification, monthly forecasting and analysis, budget preparation, preparation and presentation of monthly actionable MI to major stakeholders. Redesigned many monthly processes and reports to improve efficiency and quality of MI produced

Tokyo, Jp

Nomura Wholesale Bank Global Cost Base analytics. Approx $7bn in scope. Prepared actionable MI and analytics around cost base for Senior Finance Management (CFO and Direct Reports.) Designed and launched first monthly consolidated global cost pack, and designed and implemented monthly expense flash and forecast processes. All ad hoc cost slides prepared for Senior Management including for external presentations. Monitored, analysed and reported on progress of cost reduction programmes. Partnered with global Business & Corporate reps and regional CEO and CFO Teams.

New York, Ny, Us

Gogarburn, Gb

Amsterdam, Nl

Zurich, Ch

London, England, Gb

Aca, Accounting

Bachelor Of Science (Bsc), Mathematics With A Modern Language (German)