Vice President Transaction Service

Job Summary The Product Control VP for Transaction Banking is responsible for daily P L production balance sheet integrity and review of Cash Management and Trade products This role involves understanding commercial aspects ensuring consistent Pass Through Rates and adhering to IFRS9 IFRS15 standards Key duties include stakeholder engagement process streamlining and supporting governance and audits The position demands strong reasoning skills and deep product knowledge Key Responsibilities Responsible for the daily P L production and evaluation along with ensuring integrity of Balance-Sheet of Transaction Banking Cash Management and Trade products Understand the transactions booked in Trade products and Cash management business from a commercial aspect including Return on RWA Compute and build control to ensure consistent Pass Through Rate PTR in cash management business Deep understanding of various Trade Products such as Working capital Loans Trade Loans Open Account Financing Import Export Trade products LC related products Review and reasoning of Daily Weekly and month NIM fluctuations across the countries and Balance Sheet Movement New deal review and revenue recognition in line with IFRS9 IFRS15 accounting standards Actively engaging with stakeholders across multiple functions and representing PC on various forums Responsible to oversee and review the BAU controls reporting and escalation process Production of periodic MI pack with commentaries Establishing best practice across various PC process streamlining and automation Review of Key Control Indicators KCI and Control Sample Testing CST Supporting control governance external audits and regulators queries Support new business initiative and help execute on management strategies Lead project delivery and represent Product Control in project forums Qualifications Educated to degree level preferably CA CFA MBA in Finance Product Control Experience of managing Banking book portfolio Strong command over IFRS9 and IFRS15 Ability to work under constant pressure to tight deadlines and deliver high quality output Excellent interpersonal skills Analytical Innovative and questioning mindset Minimum 10-12 yrs of experience with most recent 3 years in Product Control Competencies Action Oriented Collaborates Customer Focus Gives Clarity Guidance Manages Ambiguity Develops Talent Drives Vision Purpose Nimble Learning Decision Quality Courage Instills Trust Strategic Mindset Technical Competencies This is a generic competency to evaluate candidate on role-specific technical skills and requirements About Standard Chartered 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 What we offer 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 Recruitment Assessments Some of our roles use assessments to help us understand how suitable you are for the role you ve applied to If you are invited to take an assessment this is great news It means your application has progressed to an important stage of our recruitment process Visit our careers website 30239