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
Strategy
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
Strategy
- This role will be responsible for reviewing Financial reporting under IFRS, closure of books for local reporting and reviewing local financials and handling audits within Finance of SCB India branches
Business
- This role covers the full spectrum activities, including &ndash routine BAU reporting, implementation of new / changes in financial / regulatory reporting requirements and process enhancements and automation initiatives
- The candidate should be a subject matter expert in certain areas in financial and regulatory reporting to lead and drive the related reporting process with the help of his / her peers in the team and the offshore support team
- The candidate should be one of the key liaison person interacting with stakeholders within and outside Finance to provide advice and articulation of financial and regulatory reporting requirements.
Processes
The candidate is expected to play a central role in delivering the following:
- To review Local Financials and ensure accuracy
- To review IND AS submission to RBI
- Review IFRS submission to Group for Group accounts
- Support audit of IFRS and local statutory audit
- Drive audit queries and co-ordinate between auditors and internal stakeholders
- Ensure timely and accurate submission of LFAR and certifications to RBI
- Support during RBI onsite inspection. Provide necessary information to RBI
- Submission adhoc information to RBI
- Peer bank review and analytics
- Financial and local balance reconciliation
- Provide accounting guidance on various issues related to IFRS reporting and local reporting.
- Update DOIs / process note as required
- Interpreting, understanding and ensuring timely submission of ad hoc requirement to regulators
- Support during RBI onsite inspection. Provide necessary information to RBI
People and Talent
- As a manager, the jobholder needs to assist the team head to:-
- Coordinate with support teams in GFS and provide necessary guidance / coaching
- Provide guidance and support and work closely with peer teammates
Risk Management
To assist the team head to manage the risk arising from regulatory reporting activities via:-
- Introducing / enhancing any necessary control steps in the financial and regulatory reporting process
- Presenting findings / following through actions in relevant control / risk forums &ndash including regulatory reporting risk forum, finance risk forum
Governance
- Understand and ensure compliance with the Group&rsquos financial and regulatory reporting policies and standards with the support from peer teammate and the offshore hub
Candidate Requirement
- Qualified accountant with relevant working experience in banks/ MNCs or Big 4 banking audits
- Hands-on knowledge on regulatory reporting, various guidance/ circulars issued by RBI from to time, basics of banking products.
- Ability to work in an organised way, multi-tasking, prioritising, managing data to meet tight deadlines
- Strong analytical skills and data skills
- Strong communication and interpersonal skills, able to convey complex messages quickly and succinctly to stakeholders with confidence
- High levels of drive and resilience along with attention to detail.
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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