Job Summary
- Help design and implement new control processes for business that currently do not have Product Control function.
- Monitoring of key controls/ processes around Daily Pnl & Balance Sheet
- Ensuring that all controls are followed, completed and reviewed in a timely manner
- Manging Stake holder expectations - Liaising with key stake holders such as Technology, Product Control line teams, in-Country Finance teams, COO, Risk teams and other finance and Ops teams within GBS
- Review of Daily/Monthend reconciliations between the various TP systems and the General Ledger.
- Assist in the design, testing and implementation of TP data integrity / exception reports
- End to End delivery of Monthly AvF Reconciliation.
- Ensuring that all controls are followed, completed, and reviewed in a timely manner.
- Review of month-end balance sheet substantiation of PC owned balances.
- To provide assistance with accurate Classification and Measurement of Financial Instruments as per IFRS 9.
- Ideation/Initiation of process simplification/Automation of daily processes.
- Maintenance of DOI for Daily P&L and AvF processes.
- Preparation of regular and ad hoc month end journals as part of ME book close
Responsibilities
Strategy
- Ensure Awareness and understanding of the Group's business strategy and model appropriate to the role
Business
- Awareness and understanding of the wider business, economic and market environment in which the Group operates
Processes
- Ensure processes for which the individual is responsible is executed as required.
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 to achieve the outcomes set out in the Bank's Conduct Principles
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
- Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS.
- Act as a point of reference for team members and internal clients.
- Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution
- Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams
Qualification
- CA or MBA (Finance) from a reputed institution.
- 2+ years of experience in similar field.
- Good understanding of Accounting and Financial Markets products.
- Analytical skills, hands on experience with PeopleSoft financials, SAP, MS Office & MS SQL will be an added advantage.
- Strong Control mindset.
- Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders
Role Specific Technical Competencies
- Communication
- Finance and Accounting
- Financial Market Products
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.
