Vp & Head - Technology Finance Operations

Job Summary Technology organisation within SCB spans 5K people and c 1 2bn USD cost base Tech FP A will play a critical role in providing comprehensive analytics and insights on the cost base of the Technology by driving and tracking cost optimization and ensuring the realization of Fit For Growth FFG commitments are in alignment with corporate plan The roles under Technology FP A will work closely with Technology CFOs Finance Directors Business finance and Group FP A to manage the cost performance of the Technology functions in line with the Bank s performance management framework Additionally the role involves handling day-to-day financial-related ad-hoc tasks and driving insights on TPS recharges to segments products RESPONSIBILITIES Strategy Create and execute comprehensive long-term financial plans that align with the organization s strategic objectives emphasizing cost efficiency and budget controls This includes conducting detailed cost analysis identifying cost-saving opportunities and integrating cost management strategies into the financial planning process Regularly review and adjust these plans to reflect changing business conditions and strategic priorities Business Demonstrate strong understanding of business drivers and its impact on Technology cost Stay abreast of evolving business strategies and its reorganization to infer impact on functions cost structures directly or indirectly Collaborate with Technology CFOs the FP A Lead and Group FP A to manage the overall financial portfolio contributing to the broader performance management framework and long-term strategic planning Processes Establish and maintain robust performance management frameworks that include key performance indicators KPIs regular reporting and variance analysis This will involve setting clear targets monitoring progress against the plan and conducting in-depth reviews to identify variances Implement corrective actions promptly to address any deviations from the plan Strengthen FP A Partnership by Providing superior analytics and insights on the cost base of the Technology organization to support strategic decision-making and enhance the CFO outcomes Lead initiatives to identify and implement cost optimization strategies ensuring alignment with Fit For Growth FFG commitments and corporate plan objectives Develop and refine financial models and forecasting tools to provide accurate and actionable insights that support strategic initiatives and decision-making processes Responsible for conducting regular weekly monthly and quarterly cost performance reviews engaging with senior management teams MT and MT-1 and preparing detailed reports for group reporting Track validate and report sustainable savings and related benefits from various initiatives change programs and investments ensuring transparency and accountability in financial performance Act as the Global Process Owner for TPS recharges to segments and countries People Talent Lead by example develop and embed a high-performance culture with specific focus on capability effectiveness and productivity Foster a culture of collaboration and a mindset of change and growth Risk Management Ability to interpret the firm s financial information identify key issues based on this information and put in place appropriate controls and measures Ensure compliance with Group Accounting Principles and practices Financial Control policy and other regulatory accounting guidelines Have an awareness and understanding of the regulatory framework in which the Group operates and the regulatory requirements and expectations relevant to the role Governance Have an awareness and understanding of the regulatory framework in which the Group operates and the regulatory requirements and expectations relevant to the role 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 GBS India GSF Finance 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 Insert local regulator e g PRA FCA prescribed responsibilities and Rationale for allocation Where relevant - Additionally for subsidiaries or relevant non -subsidiaries Serve as a Director of the Board of insert name of entities Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association or equivalent Key Stakeholder s T O and Functions CFO s T O and Functions Business Partners Leads T O and functions Management Leads BPM s Group FP A team Digital and Cost Simplifications work streams SAP Workforce Planning tool project teams Other Responsibilities Embed Here for good and Group s brand and values in GBS India GSF Finance Perform other responsibilities assigned under Group Country Business or Functional policies and procedures Multiple functions double hats List all responsibilities associated with the role Skills and Experience Financial Analysis Data Analysis Visualisation Financial Forecasting Modelling Planning Tactical Strategic Performance Management Qualifications Chartered Accountant 12 years of relevant finance experience in Financial Planning Analysis Performance management or related finance roles Strong proficiency in financial modelling data analysis and reporting tools e g Excel Power BI Tableau Excellent analytical and problem-solving skills with a keen attention to detail Strong communication skills ensuring clarity and brevity demonstrate high decision quality and excel in storytelling to contextualize financial data effectively Proven experience in identifying and implementing process improvements to enhance operational efficiency and accuracy Demonstrated ability to automate processes and leverage technology to streamline workflows 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 34522