Associate Manager-(2300002418)

Posting Date

13 / Mar / 2024, 11 : 08 : 24 AM

Unposting Date

12 / Apr / 2024, 10 : 59 : 00 PM

Role Responsibilities

Processes
• Manage account reconciliation activities covering.
• Internal / GL account (suspense and sundry) reconciliations,
• Credit Card, ATM, retail branch banking reconciliations
• Perform error free reconciliation as per procedures (DOI) / Reconciliation Policy using reports from various transaction processing and recon applications.
• Handle customer queries and correspondence (both internal and external) and maintain effective working relationships with all departments, country and internal stakeholders including technology teams.
• Ensure effective follow ups and escalations, both internal and external, in resolving outstanding reconciliation items, process and system issues, as per agreed SLA / reconciliation matrix, DOIs.

Ability to differentiate escalations to various senior levels depending on the nature and impact of an issue / open reconciliation break with clear articulation of the requirement and attention from them is a must.
• Actively look for opportunities to standardize processes / automate / eliminate nonvalue added activities and implement them for process improvements.
• Liaise extensively with a wide set of senior stakeholders, get required support to resolve long outstanding reconciliation open items and get buy in to implement process / system changes
• Continuously improve team productivity to the standards prescribed
• Create sufficient back-ups for each process to eliminate key staff risk at any point of time.
• Work to reduce System Downtime in collaboration with technology teams
• Perform end-to-end analysis of reconciliation processes and controls and propose solutions for addressing gaps, from a reconciliation perspective.
• Perform root-cause analysis of reconciliation errors and issues with clearly articulated mitigation plans.
• Follow up on risks with both internal teams and external stakeholders for timely closure without becoming overdue and promptly update actions to risk teams ahead of target timelines

Risk Management
• Familiarize with Group Operational Risk, Group Money Laundering Prevention and other Policy and Procedures to the extent applicable.
• Actively assess risks and potential failure points in the processes handled and help highlight the areas to line managers and risk teams
• Comply with all applicable rules / regulations and Company & Group Policies.
• Ensure adherence to all SLAs and proper updation of all logs such as TAT, system downtime, errors and exceptions log.
• Assist in carrying out BCP tests.
• Assist in Department & Group related projects.

Re gulatory & 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.
• Uphold the values of the Group and Company at all times

Key Stakeholders

GBS Units and Country Counterparts

Qualifications

Graduates / Postgraduates 7 to 9 years of relevant experience

Role Specific Competencies
• Expert Knowledge of use of MS suite of applications word, excel, MS access and reconciliation applications like TLM.
• Ability to understand the budgeting process and financials of the unit
• Advanced level of awareness on Risk, Risk Management principles and its framework, experience in application of the same.
• Manage your team performance and build a high-Performance Team.
• Manage small projects with experience in creating a project plan with milestones
• Application-level knowledge of Change Management and Tools and experience in delivering small or simple change Interventions.
• Basic Awareness of Code of conduct and bank policies relating to that and to act as a role model and demonstrating exemplary conduct.
• Strong English communication skills both written and oral
• Ability to independently interact with wide set of senior stakeholders across multiple countries
• Good knowledge of Cost Management
• Good people management skills with min. 4-5 years of people management experience for Grade Fs

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.

Visit our careers website www.sc.com / careers