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AVP, GWAM Expenses

Job in Waterloo, Monroe County, Illinois, 62298, USA
Listing for: John Hancock
Full Time position
Listed on 2026-10-23
Job specializations:
  • Finance & Banking
    Financial Manager, Financial Compliance, Financial Reporting, VP/Director of Finance
Job Description & How to Apply Below
AVP, GWAM Expenses Working closely with the GWAM CFO, senior business and functional leaders, and Finance partners, the AVP delivers a consolidated view of expense performance, supports strategic decision-making, promotes accountability, and drives initiatives that enhance expense transparency, efficiency, and productivity.

The role leads the development and implementation of consistent expense management practices across GWAM while ensuring strong financial controls, reporting integrity, and alignment with enterprise policies and objectives.

Key Responsibilities Expense Strategy and Leadership Lead the overall expense management framework for GWAM, including segment and function expenses.

Provide strategic advice and actionable insights to senior leadership on expense performance, risks, opportunities, and investment decisions.

Communicate complex financial matters clearly and persuasively, demonstrating the judgment and executive presence required to influence senior leaders and drive decisions across GWAM.Represent GWAM in enterprise expense initiatives, governance forums, and transformation programs.

Planning, Forecasting and Performance Management Lead the annual planning, budgeting, forecasting, and outlook processes for GWAM expenses.

Partner with Strategy on the annual Book of Work to ensure associated investment requirements and financial impacts are appropriately captured in the annual plan.

Deliver consolidated analysis of actual, forecast, and planned expenses, highlighting key drivers, risks, and opportunities.

Establish and maintain performance measures and reporting that support business decision-making and accountability.

Drive accountability for expense targets, partnering with business and functional leaders to develop and monitor corrective actions where required.

Expense Reporting and Financial Analysis Oversee the production of accurate and timely monthly expense reporting for senior management and governance forums.

Provide financial analysis and scenario modelling to support expense decisions, resource allocation, and productivity initiatives.

Support business and functional leaders in identifying opportunities to improve efficiency and optimize resource allocation.

Expense Governance, Allocations and Transparency Oversee the governance and analysis of direct expenses, allocated costs, and shared service charges impacting GWAM.Enhance transparency of expense reporting, allocation methodologies, and cost drivers.

Ensure stakeholders have a clear understanding of expense performance and financial impacts.

Expense Transformation and Continuous Improvement Apply a transformational mindset to challenge existing processes and operating models, leveraging simplification, automation, and AI to drive greater efficiency and effectiveness.

Lead initiatives that improve expense management capabilities through simplification, standardization, and automation.

Partner with stakeholders to identify and track productivity initiatives, savings opportunities, and efficiency improvements.

Drive the continuous evolution of expense processes, tools, and reporting capabilities.

Financial Controls and Risk Management Ensure appropriate financial controls, governance practices, and documentation are in place to support expense management activities.

Maintain the integrity and accuracy of expense information, reporting processes, and financial systems.

Support audit, compliance, and regulatory requirements related to expense management.

Team Leadership and Stakeholder Management Lead and develop a high-performing team of finance professionals.

Build strong partnerships with GWAM business leaders, functional leaders, enterprise Finance teams, and key stakeholders.

Influence across the organization, building…
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