About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Purpose

  • The primary purpose of the Manager of the Functional Support Team within FCSO is to do budget management, cost tracking and perform variance analysis between budget & cost including the recharges. Plus manage and own all finance related dashboard and data that is required for performing the role

Day to Day Management

  • Lead a quality mindset including proactive steps. Reach out to internal & external stakeholders proactively for information.

  • Ensure all issues are escalated in a timely manner, tracked & monitored until resolution

  • Embed customer focus into our culture and services offered.

  • Maintains sound documentation of all actions and is aware of what merits consultation with Senior Management.

  • Co-ordinate visits for Stakeholders Regulators / Monitors/ GIA / FCC Assurance or any other audit reviews at KL including but not limited to scheduling meetings/interviews with relevant Business Stakeholders.

  • Be responsible for leading SCB&rsquos efforts to give powerful presentations (for MBR & other Management forums) with top-notch execution.

  • Interpret, evaluate and interrelate data and develop integrated business analyses and projections for incorporation into strategic decision-making for Management.

  • Manage the reasonable steps to ensure adequate governance for areas on responsibility, including a Management Information process that will allow the business head to receive appropriate and timely information from the Business Function, in order to more efficiently allocate his / her time to matters of importance.

  • The Management Information should include key metrics on functional finances, key risks & significant change programmes and people measure and should track performance, development and implementation of functional critical issues.

  • Ensure that there is an adequate and proactive forward-looking planning and forecasting for volumes, capacity and costs to enable business planning and strategizing.

  • Work with Finance Team to ensure cost efficiency targets are met and have direct oversight over the unit&rsquos budget.

  • Work with Finance Team to ensure on the recharge advises and clarifying to countries/Funtions on the recharge methodology and the computations.

Budget Management

  • Understand the business needs and prepare a budget as per business plans.

  • Validate the requirements and prepare the budget plan & submit to finance team. Work closely with finance team and get the budget approved.

  • Embed a mechanism to get the budget related data and convert into a meaningful data for function/business to understand.

  • Evaluation of the recharge metrics and validation on the data to ensure on correctness of the key applied and recharges/cost allocations.

Finance, recharge and Billing

  • To have robust control on business unit&rsquos budget and ensure cost projections are managed effectively.

  • Provide financial transparency to Unit Heads and ensure that actual costs are kept within budget keeping in mind efficiency and effectiveness.

  • Provide adequate information on financial performance of the unit to business head on periodic basis to ensure there are no surprises on budget spends for the unit.

  • To manage ToM governance to ensure that the unit is fit for purpose all times and to avoid any breaches

  • Coordinate with country finance and functional finance teams effectively.

Cost/cost allocation Management

  • Basis approved budget, responsible to track the actual cost against the budget projections.

  • Perform variance analysis against all cost codes with budget figures.

  • Prepare a deck for all functions on monthly basis and initiate business conversations so the cost is maintained within agreed budget.

  • As we support multiple countries, responsible for handling all country related queries as part of day to day activities.

  • Handle all internal and external stakeholders.

  • Responsible for all day to day operational issues arises due to cost management.

Risk Management

  • Take personal responsibility for understanding the risk and compliance requirements pertaining to the role.

  • Understand and comply with applicable laws and regulations, Groups policies, procedures and the Group Code of Conduct.

  • Adherence to laws and regulations, internal risk and compliance policies and the Group Code of Conduct

  • Completion of all mandatory risk and compliance training programmes

  • Proactive identification and reporting of risks and concerns

Governance

  • Basis interactions, In the event of any delay in visitors / audit submissions / gap in the data submitted ensure senior management are informed and that actions are taken quickly to remediate and/or activities are ceased.

  • Highlight the potential observations as understood from the conversations with the auditors/reviewers to the senior management.

Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group&rsquos Values and Code of Conduct

  • Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct

  • Lead the FCSO to achieve the outcomes set out in the Bank&rsquos Conduct Principles: Fair Outcomes for Clients Effective Operation of Financial Markets Financial Crime Prevention The Right Environment

  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters

Key Stakeholders

  • FCC Controls representatives in Group and Country

Other Responsibilities

  • Embed Here for Good and Group&rsquos brand and values in FCSO

  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

  • Min 8 to 10 years of experience working in (Financial Planning and Analysis) FPNA role

  • Good understanding of banking products, related transactions, and their inherent ML risks with a special focus on at least one of the following customer segments: Retail, Private Banking or Corporates

  • Has an in-depth understanding of the audit review management processes and guides team members / colleagues on complex scenarios and decision making

  • Understands operational risks and controls

Behavioural

  • Experience in Cost/recharge management and MIS preparation

  • Facilitate collaboration, networking, and alignment within & across teams

  • Ability to get cross functional teams to work together

  • Ability to deepen relationships with stakeholders through active consultation

  • Re-evaluates current procedures and suggests improvements to ensure an effective, streamlined process

  • Excellent communication in English (articulation and writing).

  • Advanced presenting skills

Key Attributes

  • A solid understanding of cost/recharge management Process

  • Exceptional communication skills, both written and verbal

  • Excellent active listening skills

  • MS Office skills set (Primarily on Excel, Word and PowerPoint)

  • Ability to clearly articulate risk, audit observations and closure approach to a variety of audiences

  • Ability to establish and maintain strong relationships

  • Ability to influence others and move toward a common vision or goal

  • Able to work effectively at all levels in an organization

  • Flexible and adaptable able to work in ambiguous situations

  • Resilient and tenacious with a propensity to persevere

  • Forward looking with an integrated approach

  • Organized with a natural inclination for planning strategy and tactics

  • Problem solving and root cause identification skills

  • Must be a team player and able to work collaboratively with and through others

  • Acute business acumen and understanding of organizational issues and challenges

Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.


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