Job Description
AVP - Function Role Responsibilities
Job Role
End to end ownership of the process around cost reporting services covering Function / Segment / Regional business portfolios. Ensure high quality service delivery through measurable performance metrics ensuring effective control and risk management along with stakeholder engagement.
Strategy
Strong Analytical and Strategic mindset, coupled with a thorough understanding of Performance management and process Management.
Business
• Ability to understand and connect business drivers and rationale for and application of those relevant to process. Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders. Working with Business partners, stakeholders and clients to provide vision and direction to upscale the existing level of service.
• Engage senior stakeholders / business CFO's to drive conversations in agreeing to deliver a shared agenda of improvements / enhancements within the Processes.
• Participate and provide support in all Global Finance initiatives and projects (mainly impacting cost) as launched from time to time. ( Controls, Reengineering, Training etc).
• Understand the pain areas and provide recommendations for a more efficient and effective end to end process including technology related aspects.
• 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.
• Ensure a smooth Cost planning process for the relevant function with clear schedule and roles and responsibilities defined within the team.
• 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.
• Effectively lead change, manage and escalate risks arising out of transition of new processes.
Processes
• Substantial experience of banking, depth and breadth of knowledge in processes especially in the areas of Management Reporting.
Risk Management
• Lead 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].
Governance
• Effectively lead change, manage and escalate risks arising out of transition of new processes Ensuring that an effective system of financial and operational controls are introduced, maintained and continually enhanced. Ensure adherence to Bank's Operational Risk framework. Ensure adequate governance is exercised in the introduction / decommissioning of new processes and that relevant documentation and controls as applicable are duly complied with.
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 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
• CFOs of the countries and Group served by GFS
• Various business heads of GFS
• GBS, Fin, Risk and Compliance Operations
Job Role
End to end ownership of the process around cost reporting services covering Function / Segment / Regional business portfolios. Ensure high quality service delivery through measurable performance metrics ensuring effective control and risk management along with stakeholder engagement.
Strategy
Strong Analytical and Strategic mindset, coupled with a thorough understanding of Performance management and process Management.
Business
• Ability to understand and connect business drivers and rationale for and application of those relevant to process. Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders. Working with Business partners, stakeholders and clients to provide vision and direction to upscale the existing level of service.
• Engage senior stakeholders / business CFO's to drive conversations in agreeing to deliver a shared agenda of improvements / enhancements within the Processes.
• Participate and provide support in all Global Finance initiatives and projects (mainly impacting cost) as launched from time to time. ( Controls, Reengineering, Training etc).
• Understand the pain areas and provide recommendations for a more efficient and effective end to end process including technology related aspects.
• 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.
• Ensure a smooth Cost planning process for the relevant function with clear schedule and roles and responsibilities defined within the team.
• 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.
• Effectively lead change, manage and escalate risks arising out of transition of new processes.
Processes
• Substantial experience of banking, depth and breadth of knowledge in processes especially in the areas of Management Reporting.
Risk Management
• Lead 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].
Governance
• Effectively lead change, manage and escalate risks arising out of transition of new processes Ensuring that an effective system of financial and operational controls are introduced, maintained and continually enhanced. Ensure adherence to Bank's Operational Risk framework. Ensure adequate governance is exercised in the introduction / decommissioning of new processes and that relevant documentation and controls as applicable are duly complied with.
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 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
• CFOs of the countries and Group served by GFS
• Various business heads of GFS
• GBS, Fin, Risk and Compliance Operations
💡 Quick Summary
Seeking a career-building opportunity? The AVP | Function Finance Operations position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
