Job Description
Role Responsibilities
• This role reports into the Head, Controls & Governance - Liquidity, FTP and IRRBB and forms part of the Finance Operations function with business alignment to Treasury.
• The role holder is responsible for monitoring and enhancing the end-to-end controls and governance framework in respect of the Liquidity, FTP and IRRBB reporting processes owned by the function. Controls include ensuring integrity of data sourced for reporting and reconciliations of the reports with books & records and other and other regulatory returns which encompass Liquidity and IRRBB information.
• The role is also responsible for facilitating governance processes such as New Product Approvals, Risk and Control Self-Assessment under the Bank's Operational Risk Framework, Process Mapping under ARIS, representing the function at various operational risk governance committees and forums and coordinating data submissions, MI submissions to Auditors and Regulators ( PRA, MAS, HKMA), BCBS 23+ compliance monitoring, SLA governance and headcount and cost planning and monitoring and reporting KPIs / KRIs in respect of the function's processes to the Finance Operations Management Team and other stakeholder groups .
• The role also involves driving strategic change initiatives in the areas mentioned above with an aim to develop processes, technology and an operating model that creates and protects value for the Bank.
• The role holder needs to extensively collaborate with peers in the team, particularly GPM for Liquidity Reporting (supporting LCR, NSFR, CFMR, Survival Horizon & other metrics) and GPM for FTP and IRRBB Reporting (supporting NII, EVE sensitivity and NTMR reporting), under both Group and National Discretion rules. The role also involves significant levels of interaction with Group Finance and Regional Treasury across the footprint for execution of SLAs and monitoring of KPIs to measure service standards and drive continuous improvement.
• The role is an integral part of the management team of the GPO – Liquidity, FTP & IRRBB function and the broader GFS Management Team and is expected to drive strategy for process improvement, people engagement, talent sourcing and development and strategic change delivery.
• The key measures of success that will be used to evaluate the performance of the role holder are reduction in operational risk of the processes and increase in efficiency, robust controls design and testing under the ORF, strong governance processes in respect of new products support, headcount and cost planning, strong ratings at audits and regulatory reviews and good outcomes from the internal client and employee feedback surveys.
• The role holder is expected to be an ambassador for the function promoting and enhancing its brand both internally within the organisation and externally.
The overall job purpose consists of the following:
Controls and Governance
• Designing and performing checks and controls to ensure timeliness, completeness and accuracy of data which is critical to the Liquidity, FTP and IRRBB processes
• Designing and performing reconciliations aimed at ensuring alignment of the reports with books and records and other regulatory returns which encompass Liquidity and IRRBB information
• Reviewing new product proposals which impact Liquidity, FTP and IRRBB, undertake impact and gap analysis and coordinate signoff on behalf of the function
• Monitor BCBS 23+ compliance for Liquidity, FTP and IRRBB reporting and drive solutions to address gaps
• Serve as the single point of contact for coordinating Internal Audit, External Audit and Regulatory reviews
• Lead the design and execution of the Operational Risk Framework for the function in compliance with the Bank's Enterprise Risk Management Framework
• Deliver process maps using ARIS for the critical areas and document the key processes and controls framework ('GPO Handbook') and ensure these are kept updated at all times
• Execute SLAs for regulatory compliance with service recipients in Group Finance, Group Treasury and Regional Treasury and carry out service review meetings to monitor and enhance quality standards
• Establishment of a formal monthly Service Management meeting with GTO Engineering, PSS and Service Management to ensure regular monitoring of service delivery and early escalation and remediation of challenges affecting SLA
Process Efficiency
• Identifying and prioritising continuous improvement initiatives against clear efficiency and effectiveness measures. Manages KPI's for Committees
Cost and Headcount planning, forecasting and reporting
• Undertake headcount and cost planning, monitor actuals relative to budgets and proactively enable decisions for optimisation and efficiency
Change Leadership
• Partner with the business, Front Office and Finance Technology teams and other stakeholders to drive Transformation programmes and represent the function at various Project Steering Committees
People Engagement
• Drive People Engagement, Diversity and Inclusion and Sustainability initiatives for the function with an aim to develop a 'Future Ready Workforce' within the function
• Together with the rest of the function's leadership team, drive the talent acquisition, talent retention and learning and development strategies
Committee Representation
• Function as delegate of the GPO for Liquidity, FTP and IRRBB at various governance forums and committees including Treasury NFRC, Finance Operations Steering Committees
Target Operating Model
• Custodian of the Target Operating Model for the total end to end processes within the function
• Drive MI measuring the headcount deployment and cost associated with different processes within the function
Stakeholder Management
• Engage key stakeholders across Group Finance, Regional/Country Finance, Group Treasury, Country/Regional Treasury, Finance Change Delivery, TTO and other groups in driving enhancements to controls and change delivery
• Building and developing networks within the market, external stakeholders and strategic vendors promoting the Bank and the function's brand
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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• Finance Global Process Owners
• FMG Members
• Group Head, Technology, Finance & Risk
• Head, Global Finance Operation
• Group Treasurer
• Finance (Country, Regional, Central CFO)
• Capital & Liquidity Management, Finance
• COO, Group Treasury
• COO, GRR
• COO, FSSC
• COO, ALM
• COO, MTCR
• Head, ALM
• Head, Liquidity Risk (GT)
• Head, FSSC
• Head, GRR
• Programme Director – BCRS 23+
• Head of Finance Change
Our Ideal Candidate
• Finance/Accounting/Law degree preferred
• Professional accounting qualification. CPA, MBA
• 10 plus years experience of working within or supporting a Finance function required
• Experience and track record in managing large programs / projects within the regulatory change environment
• Strong Content knowledge / Subject Matter Expertise in Liquidity Management, FTP and IRRBB and Balance Sheet Optimisation
• Track record of delivering complex change programmes on time, with a strong emphasis ensuring regulatory compliance and on reengineering to deliver efficiency and effectiveness
• Good understanding of operational risk within a Finance / Banking environment
• Sound understanding of Python, Database and BI solutions such as Power BI/Tableau desirable
• Excellent interpersonal communication, business writing and team leadership
Role Specific Competencies
• Exposure to management of Data Quality and Business Controls
• Understanding of Funds Transfer Pricing, Liquidity and IRRBB metrics (technical expertise on fundamentals and applicability to entire suite of banking products)
• Process control and operational risk management
• Understanding of Bank's business and banking products (banking book as well as trading book) and how they impact Liquidity and IRRBB risk metrics
• Stakeholder engagement (across geographies)
• Knowledge on Balance Sheet Management systems like Moody's, Oracle, QRM
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 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
• This role reports into the Head, Controls & Governance - Liquidity, FTP and IRRBB and forms part of the Finance Operations function with business alignment to Treasury.
• The role holder is responsible for monitoring and enhancing the end-to-end controls and governance framework in respect of the Liquidity, FTP and IRRBB reporting processes owned by the function. Controls include ensuring integrity of data sourced for reporting and reconciliations of the reports with books & records and other and other regulatory returns which encompass Liquidity and IRRBB information.
• The role is also responsible for facilitating governance processes such as New Product Approvals, Risk and Control Self-Assessment under the Bank's Operational Risk Framework, Process Mapping under ARIS, representing the function at various operational risk governance committees and forums and coordinating data submissions, MI submissions to Auditors and Regulators ( PRA, MAS, HKMA), BCBS 23+ compliance monitoring, SLA governance and headcount and cost planning and monitoring and reporting KPIs / KRIs in respect of the function's processes to the Finance Operations Management Team and other stakeholder groups .
• The role also involves driving strategic change initiatives in the areas mentioned above with an aim to develop processes, technology and an operating model that creates and protects value for the Bank.
• The role holder needs to extensively collaborate with peers in the team, particularly GPM for Liquidity Reporting (supporting LCR, NSFR, CFMR, Survival Horizon & other metrics) and GPM for FTP and IRRBB Reporting (supporting NII, EVE sensitivity and NTMR reporting), under both Group and National Discretion rules. The role also involves significant levels of interaction with Group Finance and Regional Treasury across the footprint for execution of SLAs and monitoring of KPIs to measure service standards and drive continuous improvement.
• The role is an integral part of the management team of the GPO – Liquidity, FTP & IRRBB function and the broader GFS Management Team and is expected to drive strategy for process improvement, people engagement, talent sourcing and development and strategic change delivery.
• The key measures of success that will be used to evaluate the performance of the role holder are reduction in operational risk of the processes and increase in efficiency, robust controls design and testing under the ORF, strong governance processes in respect of new products support, headcount and cost planning, strong ratings at audits and regulatory reviews and good outcomes from the internal client and employee feedback surveys.
• The role holder is expected to be an ambassador for the function promoting and enhancing its brand both internally within the organisation and externally.
The overall job purpose consists of the following:
Controls and Governance
• Designing and performing checks and controls to ensure timeliness, completeness and accuracy of data which is critical to the Liquidity, FTP and IRRBB processes
• Designing and performing reconciliations aimed at ensuring alignment of the reports with books and records and other regulatory returns which encompass Liquidity and IRRBB information
• Reviewing new product proposals which impact Liquidity, FTP and IRRBB, undertake impact and gap analysis and coordinate signoff on behalf of the function
• Monitor BCBS 23+ compliance for Liquidity, FTP and IRRBB reporting and drive solutions to address gaps
• Serve as the single point of contact for coordinating Internal Audit, External Audit and Regulatory reviews
• Lead the design and execution of the Operational Risk Framework for the function in compliance with the Bank's Enterprise Risk Management Framework
• Deliver process maps using ARIS for the critical areas and document the key processes and controls framework ('GPO Handbook') and ensure these are kept updated at all times
• Execute SLAs for regulatory compliance with service recipients in Group Finance, Group Treasury and Regional Treasury and carry out service review meetings to monitor and enhance quality standards
• Establishment of a formal monthly Service Management meeting with GTO Engineering, PSS and Service Management to ensure regular monitoring of service delivery and early escalation and remediation of challenges affecting SLA
Process Efficiency
• Identifying and prioritising continuous improvement initiatives against clear efficiency and effectiveness measures. Manages KPI's for Committees
Cost and Headcount planning, forecasting and reporting
• Undertake headcount and cost planning, monitor actuals relative to budgets and proactively enable decisions for optimisation and efficiency
Change Leadership
• Partner with the business, Front Office and Finance Technology teams and other stakeholders to drive Transformation programmes and represent the function at various Project Steering Committees
People Engagement
• Drive People Engagement, Diversity and Inclusion and Sustainability initiatives for the function with an aim to develop a 'Future Ready Workforce' within the function
• Together with the rest of the function's leadership team, drive the talent acquisition, talent retention and learning and development strategies
Committee Representation
• Function as delegate of the GPO for Liquidity, FTP and IRRBB at various governance forums and committees including Treasury NFRC, Finance Operations Steering Committees
Target Operating Model
• Custodian of the Target Operating Model for the total end to end processes within the function
• Drive MI measuring the headcount deployment and cost associated with different processes within the function
Stakeholder Management
• Engage key stakeholders across Group Finance, Regional/Country Finance, Group Treasury, Country/Regional Treasury, Finance Change Delivery, TTO and other groups in driving enhancements to controls and change delivery
• Building and developing networks within the market, external stakeholders and strategic vendors promoting the Bank and the function's brand
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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• Finance Global Process Owners
• FMG Members
• Group Head, Technology, Finance & Risk
• Head, Global Finance Operation
• Group Treasurer
• Finance (Country, Regional, Central CFO)
• Capital & Liquidity Management, Finance
• COO, Group Treasury
• COO, GRR
• COO, FSSC
• COO, ALM
• COO, MTCR
• Head, ALM
• Head, Liquidity Risk (GT)
• Head, FSSC
• Head, GRR
• Programme Director – BCRS 23+
• Head of Finance Change
Our Ideal Candidate
• Finance/Accounting/Law degree preferred
• Professional accounting qualification. CPA, MBA
• 10 plus years experience of working within or supporting a Finance function required
• Experience and track record in managing large programs / projects within the regulatory change environment
• Strong Content knowledge / Subject Matter Expertise in Liquidity Management, FTP and IRRBB and Balance Sheet Optimisation
• Track record of delivering complex change programmes on time, with a strong emphasis ensuring regulatory compliance and on reengineering to deliver efficiency and effectiveness
• Good understanding of operational risk within a Finance / Banking environment
• Sound understanding of Python, Database and BI solutions such as Power BI/Tableau desirable
• Excellent interpersonal communication, business writing and team leadership
Role Specific Competencies
• Exposure to management of Data Quality and Business Controls
• Understanding of Funds Transfer Pricing, Liquidity and IRRBB metrics (technical expertise on fundamentals and applicability to entire suite of banking products)
• Process control and operational risk management
• Understanding of Bank's business and banking products (banking book as well as trading book) and how they impact Liquidity and IRRBB risk metrics
• Stakeholder engagement (across geographies)
• Knowledge on Balance Sheet Management systems like Moody's, Oracle, QRM
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 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
💡 Quick Summary
Seeking a career-building opportunity? The Lead| Controls 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.
