This role will be responsible for reviewing Financial Planning and Analysing and Cost Management for all SC India entities
Business
Single point of contact for Priority Sector Lending (Regulatory cost) Outlook
Review of Enhanced F Financials for providing commentary on Country Financial performance
Review and track compliance of CSR liability/commitment of the Bank and related procedures
Review monthly cost closure
Review Other Banking cost (Corporate Items) including variance analysis to support strategic initiatives
Review Central and Others Segment performance
Review South Asia Finance function Cost and Headcount performance
Review monthly outlook submission for Other Banking (Cost and Income), Finance head count and Cost Outlook.
Processes
Accounting and financial reporting
The candidate is expected to play a central role in delivering performance analysis and continued cost management
Review and submission of Group performance submissions by engaging with GFS team
Provide accounting guidance on various issues related to IFRS reporting and local reporting.
Audit Support
Support audit of IFRS and local statutory audit
Drive audit queries and co-ordinate between auditors and internal stakeholders
End to end closure of audit along with query resolution for subsidiaries
Submission of ad hoc information to senior management and RBI
Key Responsibilities
Control and Governance
Financial and local balance reconciliation
Substantiation of GL balances
Update and review of DOIs / process note as required
Peer bank review and analytics
People & Talent
As a manager, the jobholder needs to assist the team head to:
o Coordinate with support teams in GFS and provide necessary guidance / coaching
o Provide guidance and support and work closely with peer teammates
Risk Management
To assist the team head to manage the risk arising from various activities via:-
Presenting findings / following through actions in relevant control / risk forums
Presenting appropriate information to Board / Country Management Team
Governance
Understand and ensure compliance with the Group's financial and regulatory reporting policies and standards with the support from peer teammate and the offshore hub
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.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
GFS team members
Country Finance, Business Finance and other relevant internal stakeholders
Banks Board / Country Management Team
Statutory and Group auditors
RBI
Skills and Experience
IFRS, IND-AS, Indian GAAP
Regulatory Reporting Knowledge
Updated on RBI Circulars
Banking Products
MS Excel
MS Word
FP&A skills
Qualifications
Qualified accountant with relevant working experience in banks/ MNCs or Big 4 banking audit firms
Hands-on knowledge on regulatory reporting, various guidance/ circulars issued by RBI from to time, basics of banking products.
Ability to work in an organised way, multi-tasking, prioritising, managing data to meet tight deadlines
Strong analytical skills and data skills
Strong communication and interpersonal skills, able to convey complex messages quickly and succinctly to stakeholders with confidence
High levels of drive and resilience along with attention to detail.
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.
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