Standard Chartered Bank Hiring Experienced CPA/CMA/ MBA/MCom/BCom
Standard Chartered Bank job vacancies for April 2023 are released. Standard Chartered Bank vacancy details like eligibility criteria, educational qualification, official notification, application link & other relevant details for this recruitment are provided below. Eligible and interested candidates can submit their application along with resume.
About the Organization
Standard Chartered plc is a British multinational bank with operations in consumer, corporate and institutional banking, and treasury services. Despite being headquartered in the United Kingdom, it does not conduct retail banking in the UK, and around 90% of its profits come from Asia, Africa, and the Middle East.
Vacancy Details
Company Name: Standard Chartered Bank
Post Name/Designation: Senior Manager – T&I Finance
Location: Chennai
Qualification: CPA / CMA / MBA / MCom / BCom
Experience: 8 Years
Job Description and Responsibilities
There is a huge focus on the Cost Management and Cost efficiency in the current Financial Services industry environment. The role is to lead the growth and strategic development of Cost Analytics portfolio within the Cost Vertical in Finance Shared Services Centre (GFS) in respect of standard process capabilities, skill sets, talent pipeline, stakeholder engagement, high quality service delivery and controls.
- Overseeing and providing on-going management direction for all processes and activities undertaken for Cost Analytics. Introduce and maintain high quality standards of service delivery.
- Drive SCB cost and competitive analytics and benchmarking, extending efforts into market intelligence, developing forward looking projections to calibrate to SCB’s performance vs. peers. External benchmarking basis the underlying industry trends.
- Partner with Global Process Managers and leaders to design and implement Standard Global Processes across areas of Cost Management and to track implementation effectiveness and gaps on a continued basis.
- Lead the team to develop a strategic roadmap for Cost CoE including capabilities of modelling, efficiency tracking, business partnering and end to end view of Cost.
- Engage senior stakeholders/business CFO’s to drive conversations in agreeing to deliver a shared agenda of improvements/enhancements within the cost management processes.
- Understand the pain areas and provide recommendations for a more efficient and effective end to end process for Cost Management including technology related aspects.
- Agreements are met / exceeded. Embed a culture of continuous process and efficiency improvement within all teams and ensure that a process exists to constantly identify and implement improvement opportunities. Deliver on annual productivity/cost saves targets.
- Constantly explore opportunities for migration in the hub. Build compelling cases for end to end migration from countries. Work closely with business and country CFOs to augment on this.
- Contribute to the strategic development of the centre & drive GFS collective agenda.
- Work with HR to enhance the talent / skill sets to meet the growing complexity and needs of finance. Ensure that right talent is attracted and retained for all key roles; actively work on attrition management for the unit. Create sufficient bench to manage attrition efficiently.
- Evaluate options for continuously promoting forums for employee engagements. Encourage employees on their creativity, learning and development & improve work life balance.
- Contribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives. Participate and Support in all Global initiatives as applicable from time to time.
Periodic delivery
- Provide timely & accurate financial information / MIS to enable strategic decision making
- Monitoring of Financials for TTO finance and ensuring the actual are in line with Budgets/Forecasts
- Articulate and present the financial story and underlying themes succinctly to the CFO and teams. Ensure that MI is produced in a timely and relevant suitable to senior management
- Work with upstream and downstream teams to ensure that there is transparency in the cost numbers and the process. Ensure impact on business performance outcomes is managed due to change in upstream or downstream processes and systems
- Analyse business performance (management and financial), review highlight risks and opportunities and drive actions to ensure committed financial outcome.
- Understand drivers for cost performance; drilldown & analyse the cost across actuals and plan
- In-depth understanding of cost reporting structure, processes and systems
- Establish & continuously develop a decision support capability providing expert advice and analytics to our CFO stakeholders
- Responsible for end-to-end TTO recharges as a process and utility. Ensuring monthly advice for bookings are delivered as per agreed timelines, ensuring booking in GL are clean, managing country & business queries on recharges, ensuring country audit, group audit and external audits on the recharges are supported seamlessly
Annual/Quarterly delivery
- Front end the coordination and support during forecasting, budgeting cycles with Group FPA and Group Planning teams
- Lead team in designing, developing & delivering robust plan build process to support the journey of planning.
- Engage CFO & teams to decided and agree the plan targets and ensure related systems and tools reflect the control numbers at the end of the process cycle
- Lead the support to GFS Planning to perform data integrity checks in the planning tool as part of kickstart to any new plan cycle
- Manage structural changes efficiently by having a thorough knowledge of processes & underlying systems.
- Key contributor for end-to-end TTO recharges as a process and utility. Ownership around recharge methodology & controls, determining recharges keys, computing recharges, syndicating and explaining the outcomes, are delivered as per agreed timelines, managing country & business queries on recharges
Change agenda
- Drive the identification, scoping, prioritisation and delivery of the TTO Finance process change agenda
- Drive the design & development of the future state process & infrastructure for TTO Finance’s end to end requirements
- Actively contribute to the development of the broader strategic agenda for these areas for P2P GPO.
- Develop industry best practice process management techniques and toolsets, yielding optimisation opportunities
- Leverage these methodologies and toolsets to relentlessly & proactively identify and deliver opportunities for elimination, migration, standardisation & automation
- Act as a change advocate across the P2P GPO organisation, partnering with other areas (such as Group Planning) to improve T&I Finance process
Regulatory and 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 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.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
Other Responsibilities
- Embed Here for good and Group’s brand and values in TTO Finance P2P team
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)
How to Apply
Click here for official notification and application.
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