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%26#39;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%26#39;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:
Department Overview:
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%26#39;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%26#39;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:
Department Overview:
- BSM (CoE) is a 300+ strong team under Global Finance Operations and Transformation, focussing on SCB wide Balance Sheet Information Management, Reporting, and Decision Support / Analytics. Country Regulatory Reporting (CRR) is part of the Liquidity CoE and the function involves preparation, as well as providing business support to complex daily, monthly, quarterly %26amp; annual returns to the onshore team for their submission to local regulators. Monitoring of key ratios and various adhoc queries / requirements of the local regulator is also an important part of this team%26rsquo;s delivery.
- Country regulatory reporting processes are governed by regulatory reporting policies of Standard Chartered as well as the respective country regulatory bodies.
- Domain rich teams work in a collaborative environment to provide country wide reports and analysis cutting across several dimensions for both internal
- as well as external regulatory reporting. The function also partners with country and global project teams to support global projects for end to end data infrastructure and automation to cater the country regulatory reporting requirements.
- CRR team interacts with several stakeholders on a day-to-day basis within the bank that include Business, Finance, ALM , Credit risk , various other operations team and Technology
Manager is responsible for:
- Delivery of regulatory reports (both internal and external) , adhering to SLA, operating instructions and quality requirements.
- Provide insightful analysis on variances and provide commentaries on the underlying movements. Handle queries and provide any adhoc support as may be required
- Ensure adequate planning, allocation and delivery of tasks within the agreed timelines and quality.
- Liaising with other teams in GBS and onshore for business support, query management and handling any adhoc requirements
- Build review capabilities and domain expertise to be shared within team develop and engage a team of high performing individuals.
Key Responsibilities:
- Ensure timely delivery of services relating to the Regulatory Reporting and all other internal and external reporting requirements as agreed with Country Finance Division (CFD).
- Ensure services are delivered within the SLA, working with a cohesive team to produce the Analysis and Reports in a timely and accurate manner. Key responsibilities include issue resolution, manage inordinate delays in Inputs and liaise with stakeholders to recast timelines, drive value-additions to stakeholder, and provide end to end view of processes to team.
- Exercise right level of diligence, control and governance to comply with bank%26rsquo;s Data Quality and Reporting Standards including those that are prescribed for the Regulatory Reporting and ensure that the reports that are reviewed/ generated are in line with expectation and due diligence is adhered to and ensure consistency and promptness in service delivery.
- Comply, Monitor, Validate and Report all Key Performance Indicators within the overall service delivery framework. This includes identification, measurement, monitoring and control of all thresholds set as part of Governance Framework of the bank. Any breaches of the above framework are promptly highlighted to the line manager
- Responsible for analytical review of Regulatory Reports / Returns as well as Adherence to various Rules and Regulations of the Regulators.
- Responsible for ensuring Ops risk monitoring across all processes covered by the team and reporting key risks emanating from them to right forums
- Responsible for Supporting Annual Regulatory Examination / Audits
- Responsible for ensuring complete compliance of team with Group Code of Conduct and Social agenda of the organization
- Responsible for the review of various MIS / Variance Analysis and work on the Ad hoc by gauging the requirements from stakeholders and GFS vide governance activities in respect of processes managed (e.g. compilation of Key Risk Indicators, Dashboard, Metrics etc)
- The ability to work to motivate team to deliver a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines.
- Continuously innovate with focus to improve process – enhance efficiencies and add value; ensuring quality consciousness in all aspects of the team.
- Challenge processes in order to achieve more effective processes and efficiency saves to the Organization.
- Independent and Confident, able to work under pressure and handle multiple tasks.
- Proactively identify areas of efficiency in processes to deliver productivity saves. Participate and give suggestions in the finance transformation programmers thereby enabling removal of manual workarounds.
- Responsible for driving monthly dashboard call with onshore teams and highlight issues/ concerns.
Managerial / Leadership skills :
- People management of 3-5 members for Manager ( as applicable)
- Implement Knowledge Management initiatives through trainings, workshops to build domain capabilities required for the job
- Keep the team highly motivated to deliver high quality results
- Managers should be hands-on to undertake activities/tasks on their own as the role demands while supporting and managing other members of the team
- Self motivated and able to work independently and to proactively seek guidance from others as needed.
- Strong team player and has the capacity to build good working relationships with cross functional / geographical teams.
- Positive outlook and a desire to stretch themselves to achieve both personal and functional success.
Key Measures :
- Delivery of standard reports as per SLA commitments %26amp; otherwise
- Quality of analysis and commentaries of the underlying reports
- Line manager assessment and feedback
- Stakeholder feedback on quality of analysis %26amp; decision support
Regulatory %26amp; Business Conduct
- Display exemplary conduct and live by the Group%26rsquo;s 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 CRR team to achieve the outcomes set out in the Bank%26rsquo;s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
QUALIFICATIONS:
- Chartered Accountant (CA) / Cost Accountant (CWA) or its equivalent, MBA (Finance), MBA (Banking), or any Finance equivalent from an institute of Repute.
- 8+ years work experience in Regulatory reporting / Financial Analysis, Reporting, Preparation of dashboards and metrics and relevant technical experience
- Analytical skills, understanding of banking products/processes and a good understanding of regulatory reporting, Balance Sheet Management and accounting/finance.
- Familiarity with the SCB Technology infrastructure (knowledge of TPs, products, data flow, PSGL , other finance interfaces) would be beneficial for internal candidates
- Knowledge of tools such as MSTR, Axiom would be an added advantage
- Technical skills %26ndash; Advanced MS Excel , knowledge of SQL will help
- Well versed with project life cycle/phases %26ndash; specifically with testing phase, types of testing, defect management life cycle and generic flow
- Change Skills %26ndash; good aptitude, attitude, learning and listening skills. Can independently lead people to constructive outcomes. Can collaborate patiently with diverse group of people. Mostly open to views and challenges. Can work in tight timelines
- Exhibiting influential capabilities across departments in assimilating various inputs required for accurate and complete submission of dashboards and metrics including Biz Finance, Product Control, Valuation Control, Operations, Tax Team, Technology teams, Onshore Team and various other input providers
- Strong communication skills in liaising with relevant stakeholders. Good business acumen and understanding of products, departments, customers etc.
- Cross team collaboration and proactive engagement with relevant Departments and responsible parties
- Experience in monitoring of Month end/Quarter end processes with an ability to quickly understand the upstream and downstream impacts in the Reporting process
- Exhibiting training capabilities across functions for usage of various regulatory reporting Teams.
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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