Job Description
Role Responsibilities
Job Role
Transformation, Technology and 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.
• The role holder will also need to develop relevant materials for the MBR and Board presentations.
• Contribute to improvement of Monthly TTO MT financial report and influence enhanced quality of insights which inform TTO MT and CFO decisions on resource allocations and cost performance.
• Contribute to execution of the standardisation and optimisation of reporting of Incurred cost financials.
• Actively contribute to the wider TTP finance change agenda where necessary.
• Champion FX methodology deployment in line with the Group approach which ensures common understanding across the TTO finance community and ensures compliance to Group standards.
TTO Recharge Cost
• Provide overall analytics and insight on the TTO recharge view by business / functions
• Develop and implement robust reporting practices which translates incurred view into recharge view of cost base which are easily consumable and actionable
• Drive a fundamental shift in process which enables reporting on TTO recharges simpler , faster and better
• Effectively partner with P2P Lead - TTO recharges in co-creating process and ecosystem which helps achieve those objectives
• Provide insight on risks and opportunities across the TTO recharge portfolio by working with the relevant TTO function CFOs
• Drive and support process efficiency objectives covering all FP&A practises across the TTO finance team
• Identify opportunities across the finance operations strategic pillars of delivery and drive implementation
Digital and Self-Service Reporting
• Act as a thought leader on transforming self service offering on TTO financial MI which yields the best value for scarce finance resources.
• Partner with TTO FP&A head , Apptio and P2P digital teams in crafting the digital road map for TTO financial reporting while actively improving existing offerings.
• Continuously optimise current of book of work offering with superior digital mix.
CFO and FP&A Head Partnering
• Partner with TTO CFO and TTO FP&A Head in responding to management reporting and analysis demand.
• Continuously prioritise demand and rally P2P FP&A resources to deliver insights and MI at scale and speed to TTO CFO / FP&A Head.
• Demonstrate deep knowledge of the TTO financial context beyond numbers which includes but not limited to historical restatements.
• Intra group transactions and underlying risk and opportunity factors.
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 FP&A Head, TTO COO, TTO finance MT, CFOs for Business and Functions; GCFO Global Process Owners; FP&A, Group Strategy. Country / regional CFO.
Our Ideal Candidate
• Qualified finance individual with more than 10 years of experience of working in finance departments.
• Degree qualified
Role 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
Job Role
Transformation, Technology and 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.
• The role holder will also need to develop relevant materials for the MBR and Board presentations.
• Contribute to improvement of Monthly TTO MT financial report and influence enhanced quality of insights which inform TTO MT and CFO decisions on resource allocations and cost performance.
• Contribute to execution of the standardisation and optimisation of reporting of Incurred cost financials.
• Actively contribute to the wider TTP finance change agenda where necessary.
• Champion FX methodology deployment in line with the Group approach which ensures common understanding across the TTO finance community and ensures compliance to Group standards.
TTO Recharge Cost
• Provide overall analytics and insight on the TTO recharge view by business / functions
• Develop and implement robust reporting practices which translates incurred view into recharge view of cost base which are easily consumable and actionable
• Drive a fundamental shift in process which enables reporting on TTO recharges simpler , faster and better
• Effectively partner with P2P Lead - TTO recharges in co-creating process and ecosystem which helps achieve those objectives
• Provide insight on risks and opportunities across the TTO recharge portfolio by working with the relevant TTO function CFOs
• Drive and support process efficiency objectives covering all FP&A practises across the TTO finance team
• Identify opportunities across the finance operations strategic pillars of delivery and drive implementation
Digital and Self-Service Reporting
• Act as a thought leader on transforming self service offering on TTO financial MI which yields the best value for scarce finance resources.
• Partner with TTO FP&A head , Apptio and P2P digital teams in crafting the digital road map for TTO financial reporting while actively improving existing offerings.
• Continuously optimise current of book of work offering with superior digital mix.
CFO and FP&A Head Partnering
• Partner with TTO CFO and TTO FP&A Head in responding to management reporting and analysis demand.
• Continuously prioritise demand and rally P2P FP&A resources to deliver insights and MI at scale and speed to TTO CFO / FP&A Head.
• Demonstrate deep knowledge of the TTO financial context beyond numbers which includes but not limited to historical restatements.
• Intra group transactions and underlying risk and opportunity factors.
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 FP&A Head, TTO COO, TTO finance MT, CFOs for Business and Functions; GCFO Global Process Owners; FP&A, Group Strategy. Country / regional CFO.
Our Ideal Candidate
• Qualified finance individual with more than 10 years of experience of working in finance departments.
• Degree qualified
Role 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 VP 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.
