Job Description
Roles and Responsibility
Transformation, Technology & Operations (TTO) organisation within SCB spans > 40k people and c.$4bn USD cost base. TTO organization is supported by the TTO CFO organisation under Functions Finance. This role provides support to CFO, TTO and the broader TTO finance management team with reporting and analytics of the $4bn cost base including responsibility for the delivery of planning and performance management processes.
The role is global in nature and based out of India (Bangalore or Chennai). The role is supported by dedicated finance operations support across Plan to Perform (P2P).
Specific tasks include: -
TTO Incurred Cost
• Provide overall analytics and insight on the full gross cost base of the TTO organisation spend to drive and track cost optimisation and productivity realisation in line with corporate plan commitments. Work in very close partnership with Group FP&A on overall management of the portfolio as part of the wider performance management framework.
• Provide insight on risks and opportunities across the TTO portfolio by working with the relevant TTO function CFOs.
• Ownership of the end to end guidance and execution of finance planning cycles for the TTO portfolio. The role holder will also need to develop relevant materials for the MBR and Board presentations.
• Own the delivery of Monthly TTO MT financial report and continuously enhance the quality of insights which inform TTO MT and CFO decisions on resource allocations and cost performance
• Ownership of the standardisation and optimisation of reporting of Incurred cost financials.
• Ensure that there is adequate process documentation in place of end to end finance activity to manage TTO gross incurred cost
• Actively contribute to the wider Finance change agenda where necessary
COO, TTO Incurred Cost Base
• Provide finance business partnering for the management of the COO, TTO cost base. This includes ensuring support across all activity spanning month end, reporting, ad hoc analytics, planning and finance controls.
• Help drive efficiencies and support organisational changes impacting TTO COO function.
Support & drive TTO finance Change priorities
• Responsible for the Change & Run operations for all TTO recharges (> $3 bn) which includes TPS, DCR and Business aligned Ops recharges.
• Co-develop strategy and roadmap on re-platforming of TTO recharges mainly TPS
• Drive implementation of the agreed roadmap forging effective partnership with P2P and TTO finance eco system
• Develop and own governance framework for TTO cost recharges and its distinct components.
• Continuously improve process and provide thought leadership and execution support to transform TTO recharge infrastructure in line with Fin Ops strategy of driving touchless processing and standardisation
• Create analytics and MI capability which enhances understanding and transparency on drivers and cost allocation outcomes
• Develop, deploy and run TTO reporting utility model which helps drive scaled standardisation across TTO finance P2P delivery
TTO Complement & Cost productivity:
• Role holder is required to provide thought leadership on both process and outcome effectiveness on Head count and productivity for TTO portfolio in partnership with TTO COO organisation
• Front end engagement with Value capture office on submission of sustainable saves and also constructively drive internal challenge to improve outcomes working across TTO finance
• Oversight of HC complement process and its linkage to financials
• Continuously improve process and provide thought leadership on technology and system changes which impacts the complement management process for the TTO organisation
Functional Discipline and CFO Partnership:
• Lead finance activities relating to business realignment and restructures including change management and restatement of financial and management reporting, corporate plans, scorecards, reporting structures, and financial systems as well as tracking and reporting of cost synergy achievements.
• Influence and support the TTO finance Change agenda by spearheading key initiatives to drive a "Best-in-Class" finance function with a specific focus on reports simplification, centralization and standardization. Drive MI vision and roadmap. Improve timeliness and consistency of MIs, drive commercial analytics, and develop forward looking MIs supported by established, efficient and effective processes. Automate reporting with drill down capability to facilitate a self service model of reporting
• Partner with TTO FP&A Head & TTO CFO on strategic MI requirements as well as day to day adhocs related to TTO financials
Team Leadership and Organizational Effectiveness
• Lead by example and establish the right culture, values in the team and able to build a high performing team. Motivate people, able to retain talents / high performing resources
• Lead and manage the team and to develop the staff to take up different/more value-added roles
• Contribute to any ad-hoc finance related projects, including providing support to Finance Transformation initiatives as well as simplification of bank processes
• Front end the initiatives, strategic change agenda for TTO Finance to bring improvement, create capacity and efficient processes
Key Stakeholders
• TTO CFO, TTO COO, TTO finance MT , CFOs for Business and Functions; GCFO Global Process Owners; FP&A, Group Strategy. ASPIRE Project leads , Country/regional CFO
Our Ideal Candidate
• 10 years' experience of working in finance departments
• Degree qualified
Roles Specific Technical Competencies
• Qualified accountant with 10+ years PQE as a minimum
• Experience of providing finance business partnering to a large organisation and c-suite executives including extensive cost management support.
• Ability to constructively challenge and influence where appropriate to ensure the overall goals of the business and the bank are aligned.
• Strong understanding of technology spends from a commercial perspective and ideally knowledge of applications typical of a global bank.
• Understanding of Standard Chartered Bank finance processes and systems desirable.
• Strong knowledge and experience of balance sheet management for cost and familiarity with accounting standards.
• Familiarity with project accounting is a must and ideally with SCB investment finance processes.
• Experience of driving strategic change and process re-engineering.
• Strong analytical skills in Excel and PowerPoint
• Knowledge of methodologies such as Agile.
• Experience of working in a matrix organisation with extended finance support offshore.
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 , together with our brand promise, to be are achieved by how we each live our . 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
Transformation, Technology & Operations (TTO) organisation within SCB spans > 40k people and c.$4bn USD cost base. TTO organization is supported by the TTO CFO organisation under Functions Finance. This role provides support to CFO, TTO and the broader TTO finance management team with reporting and analytics of the $4bn cost base including responsibility for the delivery of planning and performance management processes.
The role is global in nature and based out of India (Bangalore or Chennai). The role is supported by dedicated finance operations support across Plan to Perform (P2P).
Specific tasks include: -
TTO Incurred Cost
• Provide overall analytics and insight on the full gross cost base of the TTO organisation spend to drive and track cost optimisation and productivity realisation in line with corporate plan commitments. Work in very close partnership with Group FP&A on overall management of the portfolio as part of the wider performance management framework.
• Provide insight on risks and opportunities across the TTO portfolio by working with the relevant TTO function CFOs.
• Ownership of the end to end guidance and execution of finance planning cycles for the TTO portfolio. The role holder will also need to develop relevant materials for the MBR and Board presentations.
• Own the delivery of Monthly TTO MT financial report and continuously enhance the quality of insights which inform TTO MT and CFO decisions on resource allocations and cost performance
• Ownership of the standardisation and optimisation of reporting of Incurred cost financials.
• Ensure that there is adequate process documentation in place of end to end finance activity to manage TTO gross incurred cost
• Actively contribute to the wider Finance change agenda where necessary
COO, TTO Incurred Cost Base
• Provide finance business partnering for the management of the COO, TTO cost base. This includes ensuring support across all activity spanning month end, reporting, ad hoc analytics, planning and finance controls.
• Help drive efficiencies and support organisational changes impacting TTO COO function.
Support & drive TTO finance Change priorities
• Responsible for the Change & Run operations for all TTO recharges (> $3 bn) which includes TPS, DCR and Business aligned Ops recharges.
• Co-develop strategy and roadmap on re-platforming of TTO recharges mainly TPS
• Drive implementation of the agreed roadmap forging effective partnership with P2P and TTO finance eco system
• Develop and own governance framework for TTO cost recharges and its distinct components.
• Continuously improve process and provide thought leadership and execution support to transform TTO recharge infrastructure in line with Fin Ops strategy of driving touchless processing and standardisation
• Create analytics and MI capability which enhances understanding and transparency on drivers and cost allocation outcomes
• Develop, deploy and run TTO reporting utility model which helps drive scaled standardisation across TTO finance P2P delivery
TTO Complement & Cost productivity:
• Role holder is required to provide thought leadership on both process and outcome effectiveness on Head count and productivity for TTO portfolio in partnership with TTO COO organisation
• Front end engagement with Value capture office on submission of sustainable saves and also constructively drive internal challenge to improve outcomes working across TTO finance
• Oversight of HC complement process and its linkage to financials
• Continuously improve process and provide thought leadership on technology and system changes which impacts the complement management process for the TTO organisation
Functional Discipline and CFO Partnership:
• Lead finance activities relating to business realignment and restructures including change management and restatement of financial and management reporting, corporate plans, scorecards, reporting structures, and financial systems as well as tracking and reporting of cost synergy achievements.
• Influence and support the TTO finance Change agenda by spearheading key initiatives to drive a "Best-in-Class" finance function with a specific focus on reports simplification, centralization and standardization. Drive MI vision and roadmap. Improve timeliness and consistency of MIs, drive commercial analytics, and develop forward looking MIs supported by established, efficient and effective processes. Automate reporting with drill down capability to facilitate a self service model of reporting
• Partner with TTO FP&A Head & TTO CFO on strategic MI requirements as well as day to day adhocs related to TTO financials
Team Leadership and Organizational Effectiveness
• Lead by example and establish the right culture, values in the team and able to build a high performing team. Motivate people, able to retain talents / high performing resources
• Lead and manage the team and to develop the staff to take up different/more value-added roles
• Contribute to any ad-hoc finance related projects, including providing support to Finance Transformation initiatives as well as simplification of bank processes
• Front end the initiatives, strategic change agenda for TTO Finance to bring improvement, create capacity and efficient processes
Key Stakeholders
• TTO CFO, TTO COO, TTO finance MT , CFOs for Business and Functions; GCFO Global Process Owners; FP&A, Group Strategy. ASPIRE Project leads , Country/regional CFO
Our Ideal Candidate
• 10 years' experience of working in finance departments
• Degree qualified
Roles Specific Technical Competencies
• Qualified accountant with 10+ years PQE as a minimum
• Experience of providing finance business partnering to a large organisation and c-suite executives including extensive cost management support.
• Ability to constructively challenge and influence where appropriate to ensure the overall goals of the business and the bank are aligned.
• Strong understanding of technology spends from a commercial perspective and ideally knowledge of applications typical of a global bank.
• Understanding of Standard Chartered Bank finance processes and systems desirable.
• Strong knowledge and experience of balance sheet management for cost and familiarity with accounting standards.
• Familiarity with project accounting is a must and ideally with SCB investment finance processes.
• Experience of driving strategic change and process re-engineering.
• Strong analytical skills in Excel and PowerPoint
• Knowledge of methodologies such as Agile.
• Experience of working in a matrix organisation with extended finance support offshore.
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 , together with our brand promise, to be are achieved by how we each live our . 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
💡 Quick Summary
Seeking a career-building opportunity? The SVP and P2P Lead 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.
