The role supports running of the recovery / resolution process driving the cost analytics under different scenario.
Good understanding of the Recover & Resolution process and the implications on the current upstream and downstream processes that will impact the ability to forecast the entire firms cost base under different scenarios.
Good understanding of the cost base e.g fixed and variable cost and the cost behaviours w.r.t the decision to close down a particular segment Vs the entire operation in a country /Legal Entity.
Adept in running financial modelling under different business wind down scenarios & to be able to articulate the outcome to the senior management / regulator.
Drive projects for efficiencies in current manual intensive processes.
Key contributor to Identify the (in details) requirements from the new system with a clear vision of the future state.
Ensure regular communication of the changes and implications to all teams involved in the process.
Financial Controls
Understanding the control requirements for the Finance processes and ensure requirements are captured and embedded in the new system.
Team Leadership and Organizational Effectiveness
Work closely with various teams in the Finance and Project space to ensure requirements from the new system are well captured.
Adopt blue sky approach and not be limited by current system capabilities.
Others
Work on periodical and ad-hoc requests from Group FP&A leadership
Ensure that the quality is not compromised and be on top of all financial activities assigned like Management reporting, Financial Analysis, Variance Analysis
Completely owning all individual deliverables end to end, working in close with onshore Finance stakeholders
Understanding the processes end to end and quick in understanding the ad hoc requirements with ensuring quality and TAT of the output
Understanding all the P&L lines and systems and be able to design and create various MI which can be shared with Businesses/ Functions for taking important decisions
Stakeholder communication and coordination
Upholding the Values of the Group and Company at all times
Compliance with all applicable Rules/ Regulations and Company and Group Policies
Coordinate with business and function team to get the explanation of material cost movement.
Support the cost team to prepare the ICAR report and deliver it with in the timelines.
Our Ideal Candidate
Experience in cost planning and analytics, variance analysis, understand the cost drivers etc
Familiarity with MRC, FA and Business Intelligence tools (eg. Tableau)
An analytical mind and inclination for problem-solving with strong quantitative skills and attention to detail
CA /CMA/ MBA / MCom / Bcom with 10+ years of relevant experience in FP&A
Effective communication skills, including presenting and influencing senior management
Excellent Excel & PowerPoint skills
Excellent written and oral communication skills
Relationship and stakeholder engagement skills
Initiative and proactive thinking
Role Specific Competencies
Financial Planning & Analysis
Cost Analytics, MI Reporting
Stakeholder Management
Tableau
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
Be 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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
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