Mgr, Financial

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

• As a member of Valuation in Resolution team,
  • Ensure that Valuations of the Bank are produced in a timely and accurate manner to meet Bank of England requirements.
  • Focus on building the bank's valuation capabilities to improve infrastructure and improve readiness to meet BOE valuation requirements
• As member of the R2R team Contributing to the overall GFS / R2R Strategy of India and Africa.
• Support the wider reporting team's objectives as and when required
• Drive strategic initiatives in GFS to enhance the footprint of processes from the countries.
• Supporting the Finance priorities and ensuring GFS plays a lead role.
• Supporting the Finance transformation programme & Aspire Program to drive sustainable solutions and process improvements.

Strategy

• Deliver on the R2R Reporting strategy linking to the FinOps strategy plans

Business and Process

• Preparation of Valuations required for VIR process to meet the requirements of Bank of England in a timely and accurate manner. First level of review of output to minimise errors and ensure results meet expectations.
• Focus on building the bank's valuation capabilities to improve infrastructure and improve readiness to meet BOE valuation requirements
• Maintain a strong financial controls and operational risk control environment over the function. This includes achieving an ongoing healthy business environment through strict compliance of policies standards and maintenance of a robust infrastructure and processes
• The role is also expected to proactively drive improvement initiatives to continuously enhance the global process, whilst maintaining the highest levels of governance and controls. The role holder will need to actively seek and implement changes.
• Ensure data integrity in the financial reports for accuracy and completeness
• Ensure a stronger collaboration across various GFS units
• Drive the process standardization and Identify consolidation opportunities from the countries for process migration
• Manage the end to end process of VIR from a technology interface standpoint, optimize data loading / adjustment loading timelines by co-ordination with various stakeholders to ensure timelines are met.
• Change management: Facilitate overall upgrades and system changes in the tool along with Technology.
• Ensuring partnership and alignment with other GPM/ COE area in establishing end to end alignment of processes including sharing of best practices

People and Talent

• Support & build strong high performing teams with demonstration of Thought leadership, Influencing and collaboration skills with a clear focus on driving results.
• Ensuring an effective and robust employee performance management culture is in place. Driving an impactful managerial effectiveness by the people managers in the team to drive higher motivation and engagement levels.
• Provide strong leadership to the team; attract, retain and develop finance professionals in the unit, to effectively execute work load and support / advise the stakeholders
• As a senior leader in the GFS-R2R team actively lead and drive People initiatives and work with cross functional leadership.
• Coach, Mentor and help in building a strong second line of leadership in GFS-R2R team.
• Ensure all staffs are attending mandatory training programs and also arrange for domain based training wherever required.
• Manage attrition below 15% in the team through effective employee engagement and Talent Retention programs.
• Enhance the employee engagement scores across the teams, through effective coaching, performance management practices, Talent retention & Functional development of employees

Key stakeholders

• Bank of England / PRA
• Extended Valuation in Resolution Team in UK / SG / India
• Financial Controllers / CFO / Finance teams in the country
• GFS teams like R2R Accounting, R2R Controllers , IM Team, Technology, Tax and Capital functions.
• Stress testing team
• Group Finance Operational Risk

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group'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 team to achieve the outcomes set out in the Bank'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.
• Serve as a Director of the Board
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

Other Responsibilities

• Embed Here for good and Group's brand and values in team
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
• Multiple functions (double hats)

• Financial and Regulatory Reporting Systems

• Qualified Chartered Accountant OR CFA OR MBA in Finance.
• 7+ years post qualification relevant work experience in
  • a Financial Reporting role preferably in a financial services industry with specific experience in performing analytical reviews of legal entity/statutory reporting (schedules and data) with business in focus
    AND / OR
  • Product control / Valuation control role with experience valuing financial instruments and familiarity with fair valuation methodology

• AND / OR

• • Experience with regulatory reporting and dealing with regulatory authorities
• Good understanding of Financial Accounting standards (IAS and IFRS)
• Proficiency in financial valuation methodologies such as DCF, market comparables
• Demonstrates ability to respond to client requirement in an agile and responsive fashion
• Displays ability to manage conflicting priorities
• Has a high stakeholder connect

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible working options based around home and office locations, with flexible working patterns.
• Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.