Truist Financial

Sr. Director, Technology Cost Transparency

Truist Financial$150K — $180K *
Enterprise Technology
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Advanced degree in a relevant field or equivalent experience.
  • Minimum of 12 years in enterprise technology, with 8 years in managing technology organizations.
  • Proven experience in technology management, financial oversight, and risk management.
  • Strong negotiation skills and ability to influence stakeholders.
  • Demonstrated leadership in complex project implementations.
  • Ability to clarify ambiguous tasks and convey information effectively.
  • Expertise in finance, planning, and forecasting.

Responsibilities

  • Lead the execution of the Cost Transparency program through roadmap delivery.
  • Implement Total Cost of Ownership for enterprise-wide visibility.
  • Integrate cost transparency into planning and governance models.
  • Provide cost insights for informed investment decisions.
  • Establish accountability for cost management.
  • Collaborate with finance to identify cost-saving opportunities.
  • Align stakeholders for consistent program execution.

Benefits

  • Medical, dental, and vision insurance.
  • Life and disability insurance.
  • Tax-preferred savings accounts.
  • 401k retirement plan with employer contributions.
  • Minimum of 10 vacation days and 10 sick days in the first year.
  • Paid holidays and potential for additional benefits like a pension plan.
Full Job Description

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Regular or Temporary:

Regular

Language Fluency:  English (Required)

Work Shift:

1st shift (United States of America)

Please review the following job description:

The Program Manager – Cost Transparency will lead the end-to-end delivery of TD&O’s Cost Transparency program, anchored on the implementation of Total Cost of Ownership (TCO) as the enterprise standard for cost visibility. This role is responsible for standing up and scaling a multi-year transformation program that provides full cost visibility across products, platforms, and applications, enabling data-driven investment decisions, prioritization, and sustained cost efficiency across TD&O. The Program Manager will operate at the intersection of TEMPO, Finance, Portfolio, and Cost & Supplier Management, ensuring cost transparency is embedded into planning, governance, and decision-making frameworks (MAPS, TTPA, portfolio prioritization).

Key Responsibilities:
• Lead Program Execution: Own delivery of the Cost Transparency program, including roadmap, milestones, governance, and executive reporting
• Stand Up TCO Capability: Implement TCO as the foundation for enterprise cost visibility, including model design, tooling, and rollout
• Integrate Into Operating Model: Embed cost transparency into portfolio prioritization, planning, strategic reporting, and governance forums
• Enable Decision-Making: Deliver business-relevant cost insights (product, platform, application) to support investment and prioritization decisions
• Drive Cost Discipline: Establish cost accountability and integrate cost into ongoing planning and governance rhythms
• Advance Cost Efficiency: Partner with Finance and SMO to translate transparency into savings, optimization, and rationalization opportunities
• Coordinate Stakeholders: Align TEMPO, Finance, Architecture, and business leaders to ensure consistent adoption and execution across TD&O

ESSENTIAL DUTIES AND RESPONSIBILITIES
Following is a summary of the essential functions for this job.  Other duties may be performed, both major and minor, which are not mentioned below.  Specific activities may change from time to time. 
1. Provides thought leadership, organizational design, management and execution of an SLT-designated core function(s) or program(s).
2. Directs and oversees financial management, organizational planning and design, planning and coordination of Enterprise Technology-wide program or programs. 
3. Directs organizational efforts to partner closely with LOB/function managers and subject matter experts to develop program design, plan, metrics and execution strategy.  Ensures that business cases are developed for budgeting, planning, and tracking revenue and/or expense.
4. Directs and oversees relationships with business owners and technology leads to support overall program needs.
5. Ensures that program activities are on a path to deliver benefits realization.
6. Ensures implementation and oversight of appropriate risk management plans for program initiatives in area of responsibility.
7. Monitors and challenges performance of current systems and processes.  Identifies and advocates for solutions designed to deliver value and mitigate risk as appropriate.
8. Vets new solutions and determines at what point larger issues require escalation to upper management.
9. Leads teams or multiple teams of internal and/or external resources. 
10. Analyzes and collectively manages variances to the program plan and overall portfolio and makes recommendation and/or creates action plan to mitigate negative variances or to resolve issues.
11. Articulates overall performance of multiple programs and initiatives via dashboard reporting for use by key executives. 


QUALIFICATIONS
Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
1. Advanced degree in a relevant field, or an equivalent combination of education and work experience.
2. Eight years progressive related experience in managing enterprise technology organizations combined with overall twelve years progressive related experience in enterprise technology.
3. Demonstrated experience in technology organization management, financial management, risk management, people management, issue resolution, influencing team members and other stakeholders, conducting difficult negotiations and managing to stringent timelines for project deliverables. 
4. Demonstrated superior understanding of business and technology organization, resources, priorities, needs and policies.
5. Demonstrated leadership in the implementation of complex programs and projects.
6. Ability to bring clarity to ambiguous assignments. 
7. Demonstrated executive level verbal and written communication skills. 
8. Superior working knowledge of business matters, finance, planning, and forecasting.  
9. Strong skills in MS Office Suite (PowerPoint, Excel, Word, Visio, Project)

Preferred Qualifications:

1. Advanced degree in a relevant field of work (e.g., MBA). PMP and/or PgMP.
2. Management Consulting Experience Preferred

3. Experience implementing large/complex initiatives across a matrix organization.
4. Experience with financial measurements and metrics.  SFO, CFO, or experience partnering with Finance offices preferred.
5. Financial Services experience.
6. Experience implementing large/complex initiatives across a matrix organization.
8. Demonstrates executive presence

OTHER JOB REQUIREMENTS / WORKING CONDITIONS

Sitting
Constantly (More than 50% of the time)
Standing
Occasionally (Less than 25% of the time)
Walking
Occasionally (Less than 25% of the time)    
Visual / Audio / Speaking
Able to access and interpret client information received from the computer and able to hear and speak with individuals in person and on the phone.
Manual Dexterity / Keyboarding
Able to work standard office equipment, including PC keyboard and mouse, copy/fax machines, and printers.
Availability
Able to work all hours scheduled, including overtime as directed by manager/supervisor and required by business need.
Travel
Up to 25%

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position. Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist’s generous benefit plans, please visit . Depending on the position and division, this job may also be eligible for Truist’s defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

About Truist Financial

Truist Financial Careers

Join the dynamic team at Truist Financial, a leader in the financial services sector, and propel your career to new heights. At Truist Financial, we offer more than just job opportunities; we provide a platform for professional growth and innovation in an environment that values diversity and leadership.

Why Truist Financial?

At Truist Financial, we are committed to building a diverse and inclusive workplace where every team member is empowered to contribute their unique skills and perspectives. We believe that our strength lies in our diversity, and we are dedicated to fostering a culture that embraces the differences that make each of us unique.

Explore a World of Opportunities

Whether you're seeking your first internship or a seasoned professional looking to advance your career, Truist Financial offers a range of employment opportunities across various disciplines. Our team is growing, and we are constantly looking for talented individuals who are eager to make an impact.

Innovate and Lead

Join us and be part of a culture of innovation where your ideas can help shape the future of banking. At Truist Financial, you’ll work alongside industry leaders and have access to cutting-edge resources that foster continuous professional development and innovation.

Develop Your Career

Truist Financial is deeply invested in the career progression of our employees. We offer robust training programs, including leadership development and diversity training, to ensure you have the tools needed to succeed. Our commitment to your growth is reflected in our comprehensive benefits package, designed to support you both professionally and personally.

Networking and Professional Development

Enhance your professional network and connect with like-minded colleagues through our various networking events and community engagement initiatives. At Truist Financial, we believe in the power of connections and the impact they can have on your career.

Join Our Team

Ready to take the next step in your career? Explore the current job openings at Truist Financial. We are hiring across multiple departments, looking for passionate, curious, and innovative individuals to join our team. Check out our available positions and find the one that best matches your skills and interests.

Prepare for Your Interview

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Learn more about Truist Financial
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50,283 employees
Market Cap
$56.6 billion
Industry
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