Avp , Gfs - Crr

5 months ago


Bengaluru, India Standard Chartered Full time

**Job***: Finance

**Primary Location***: Asia-India-Bangalore

**Schedule***: Full-time

**Employee Status***: Permanent

**Posting Date***: 06/Apr/2023, 12:46:55 AM

**Unposting Date***: Ongoing

**The Role Responsibilities**
- 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 & 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’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

AVP is responsible for
- Provide day-to-day delivery management to the team.
- Develop strong functional content across country regulatory reporting framwork for the geographies supported and conduct trainings / share best practices across various teams and aim towards enhancing the analytical quotient in all reports submitted to the stakeholders.
- Build, manage, coach, develop and engage a team of high performing individuals. Manage service delivery at the time of attritions.
- Establish robust control and governance on the process, including adherence to the operational risk framework of the unit.
- Drive productivity and achieve cost efficiencies through continuous improvement initiatives.
- Ensure detailed documentation including 'real time updates' or all processes.
- Ensure all queries for submitted reports are addressed within timelines.
- Manage key stakeholder relationship.

**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 robust analytical review of key deliverables, strengthening controls, facilitate end to end view to team, pro-active stakeholder management agenda, drive organization agenda around talent management and social responsibilities.
- Exercise right level of diligence, control and governance to comply with bank’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.
- 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