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.
JOB PURPOSE:
PM role related: Become an independent partner for business and assist management team to deliver the budget through streamlines and provide more accurate and in-depth business driven analysis in the day to day activities, monthly meeting, budget and forecasting
EM role related: Establishing a bank-wide cost monitoring control across the bank that sponsoring continuous improvement of cost disciplines to optimize the achievement of cost target efficiency, including but not limited in leading processes in partnership with the business to achieve a cost effective business model, ensuring adequacy of optimal financial compliance and assurance processes in cost booking across the Expense Management team and support strategic projects as and when required for the cost monitoring purpose.
KEY RESPONSIBILITIES:
Performance Management (PM)

  • Lead & produce in depth analysis for Country Performance Management for Income, Expenses and Balance Sheet side which covering all segments (Corporate and Commercial /CCIB, Retail/ CPBB clients) and its related products

  • Lead & produce the financial budget and corporate plan for group submissions including the outlooks and in-year budget outlooks

  • Lead & produce Rencana Bisnis Bank (RBB) for submission to OJK including monitoring and submission of quarterly realization to OJK

  • Work together with Balance Sheet Management (BSM) in ICAAP exercise for the bank including the analytics and ICAAP documentation for submission to both OJK and Group Submission

  • Produce Monthly, Bi-Monthly & Quarterly Country Management Pack for CEO and CFO regional discussions

  • Produce for country strategy analytics related to management and financial planning, including specific target from the group on top of BAU performance targets (eg. EVA, Marginal Return, ROTE, etc)

  • Monitor country performance on monthly & quarterly basis including analysis and reporting for group submission, OJK submission related to RBB and other required submission.

Expenses Management (EM)
Establishing a bank-wide cost management function with value added to business strategies decision with

  • Historical Cost performance Report (eg. Monthly cost pack per function, high level cost analytical performance for CMT and MBR, Monthly cost flash) are well coordinated with deep quantitative and qualitative analysis.

  • Coordinate with the EM team to prepare and loading for the financial and management budget that are assessed thoroughly in line with key performance assumption and target. On top of that consolidate the country cost for the cost projection preparation in corporate plan and Business plan including ICAAP process in cost section.

  • Ensure strong control environment for the cost booking including cost accrual that comply with Group and local accounting policies, accounting standards and procedures.

Deliver Cost Efficiencies

  • Coordinating Bank&rsquos overall cost management and investment budget.

  • Drive cost performance delivery and strategy execution with better analytics and insight through Country, business and Business Finance team, including but not limited to drive/coordinate the efforts to achieve targeted cost reduction bank wide level and identifying area for efficiency at both Country and Group level in relation to Finance process

  • Lead the team to coordinate with respective country heads to manage direct cost efficiency initiatives and its realisation, by performing close monitoring on the target cost reduction to minimise/prevent cost overruns, and simultaneously challenging the business team/counterparts to seek opportunity on additional cost task initiatives.

Operational Risk Management
PM and EM head will also be an UORM/Lead in monitoring key risks, such as:

  • Support implementation of OR initiatives related to Finance.

  • Identify, escalate and provide any necessary assistance required from finance perspective in the execution of action plan to resolve the issues through KRI and KCSA assessment

  • Proactively communicate with CFO, OR in charge or related units on operational risk issues. Escalate significant events to CFO, OR in charge or related units as appropriate.

  • Coordinate and consolidate Operational risk and loss reporting of the unit for the reporting to the CFO, OR in charge or related units. Ensure data accuracy and completeness.

  • Design and implement control measures and monitoring plans for compliance and operational risk management. Ensure effectiveness of controls for compliance monitoring and risk management.

  • Coordinate periodic business monitoring (self-assessment) activities within the business unit and escalate findings and or breaches to CFO, OR in charge or related units, when they occur.

  • Ensure risks and issues identified are resolved in an appropriate and timely manner.

  • Assist CFO and or OR in charge in the implementation of OR framework or other relevant OR initiatives.

  • Identify gaps and arrange training on compliance and OR for staff.

Health and Safety

  • Follow HS&E instructions and procedures

  • Co-operate in the implementation of HS&E plan and help to prevent workplace hazard.

  • Highlight and report all accidents, incidents and unsafe conditions.

  • Not interfere with existing arrangements to ensure the health & safety of all employees, and protection of the environment.

  • Meet their obligations with regards to local legal requirements.

KEY RELATIONSHIPS:
Internal:

  • CMTs and Commissioners

  • CCIB & RB Business Finance

  • Expenses Management

  • Regulatory Reporting

  • Group Reporting

  • Balance Sheet Management

  • Internal Audit (GIA)

  • Risk team (Ops, Credit & Market Risk)

  • Country Tax team

  • Country CIO and Support Function Heads

External:
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.

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

KEY MEASURABLES:

  • OJK Business Plan, ICAAP, forecast, budget and strategic numbers are produced timely, with minor inaccuracies/deviation to Group Guidance. Working papers are kept and coordinated properly well documented with minimum deficiencies. Robust operational risk management with highest standard audit result (if applicable).

  • Monthly Bank&rsquos performance & Peers analysis are assessed thoroughly to reflect accurate historical and forward-looking performance of the Bank

  • Accurate and timely relevant submission to Group and Regulator.

  • Accurate and timely relevant cost performance submission to Country Heads, Group and Country Finance

  • Targeted cost reduction bank wide is achieved any variances are reasonably well explained.

  • Robust operational risk management to achieve acceptable audit result.

EXPERIENCE / KNOWLEDGE REQUIRED:

  • A mature finance professional preferably with recognized chartered accounting qualification.

  • Dept and vast understanding of bank structures, products and detailed analysis in both bank wide level, detailed product and segment level

  • Experienced to deal with business head and management level (CMTs)

  • Experienced to manage medium team and growing together with the team.

  • High integrity and has ability to challenge the views and actions of others in a constructive manner.

  • Good understanding in local OJK reporting will be a plus point

COMPLEXITY / JUDGEMENT:

  • Advanced judgment and analytical mind are required to assess the overall bank wide performance

  • Strong driven and can work independently under tight deadlines

  • Able to manage complex projects which involved all related units within the bank

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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