Avp - Lec Finance Control

Job ID: 27953

Location: Bangalore, IN

Area of interest: Audit, Accounting & Finance

Job type: Regular Employee

Work style: Office Working

Opening date: 2 May 2025

**Job Summary**

**Strategy**
- Build Legal Entity Controller model.
- Identify the underlying risk that exists in Balance Sheet and provide a view to CFO/ Risk committee as appropriate.
- Review to ensure the Integrity, accuracy, and completeness of the GL, detect inconsistencies and review variances and rectify any accounting error prior to book close window.
- Perform high quality review of IFRS Financials and disclosures for external publication, ensuring no material misstatements.
- Employ, engage, and retain high quality people, with succession planning for critical roles.

**Business**
- Awareness and understanding of the wider business, economic and market environment in which the Legal Entity operates

**Processes**
- To work closely with the Country Finance and R2R controllers in managing the Financial Controls & Risk function.
- Ensure that the periodic reconciliation & substantiation exercise across the bank is performed smoothly and escalate exception / non-compliance to the department head and Country Finance
- Support the day-to-day controls & periodic monitoring activities, timely identification and reporting of significant risks & losses, and effectiveness of risk mitigation actions
- Implementation of the process controls and review/compliance
- To ensure financial control policies and compliance monitoring measures are in place and being adhered to & to ensure a robust financial control environment in the Bank.
- Embed the Controllership + Reporting model ensuring the end client is kept at the centre of the model ensuring it serves the intended purpose efficiently and effectively
- Identify and present Financial & Operational Risk to the Senior Managements (CFO, Cluster CFO & Reg. CFO etc.,) through various Risk FORUMs like FORTM, ERC, CORC, SRM etc.,
- To improve the NPS scores, people engagement, R&R, P3 review and provide timely feed back to the team

**Key Responsibilities**
- Aris - Process mapping for all L3 processes & implement opportunities identified
- Successful implementation and sustainability of Controllership Framework for the assigned countries.
- Support the improvement of financial control framework using the Controllership design
- To test and sign off existence of financial control measures when the organization launches any new product, ventures, subsidiaries and such other specific projects.
- Sox implementation
- To support CFO declaration / reduction of Group Queries
- Support the implementation of BSS Tool in ASPIRE
- Improve External and Internal GIA audit grades

**People & Talent**
- Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
- Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
- Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

**Risk Management**
- The ability to interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures

**Governance**
- Monitor and ensure that appropriate Change governance is followed across all transformation initiatives. Represent the function at the governance forums in place for tracking change initiatives and influence decisions in respect of the change backlog, prioritisation, choice of technology tools and the operating model.

**Regulatory & Business Conduct**
- o 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.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Lead the [country / business unit / function/XXX [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.] *
- Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)

**Key stakeholders**
- Country Finance, GFS

**Other Responsibilities**
- Embed Here for good and Group’s brand and values in XXXX [country / business unit / team]; Perform other responsibilities assigned under Group, Country, Bu