Job Description
• This role is responsible for managing and seamless delivery of Financial & Regulatory Reports especially Capital Adequacy Ratio and Leverage Ratio returns. These are the key metrics/ ratios for any Bank and the reports (including COREP, Pillar 3 and External disclosures) goes to Regulators, Senior Management and other stakeholders at regular intervals. It focuses on the Capital data sourcing & Reconciliation, strong analytics to substantiate the movements, finalising regulatory reports, operational Checks Controls & Governance, Adjustments Governance, compliance to BCBS 23+ norms and facilitating timely, seamless delivery per the defined SLA.
• This position is expected to drive tangible, sustainable and continuous improvement to KPIs and CTQ (Critical to Quality) metrices corresponding to Capital processes, while at the same time work closely and proactively with various teams including Change, Business, ITO, FOT, Technology and Testing teams to ensure that the changes land smoothly into BAU
Business
• Balance Sheet Management- BSM (CoE) manages Regulatory Reporting and Analytics across Capital and Liquidity Streams for Group, Regions and Countries covering the entire Group Balance Sheet. This includes managing the complete assembly line of operations through Global Process Management model, providing assurances for the quality of data, monitoring service levels and quality of output, resolution of issues through Business support model and Insightful Analytics for Business Decision.
Processes
• Ensure timely delivery of COREP Capital Adequacy and Leverage reports and any other internal and external reporting requirements within the Basel frameworks
• Ensure timely delivery of other regulatory submissions including Monthly Capital plus, PRA, FSA and other Group Consolidation and Pillar 3 disclosures
• Strong analytics to substantiate numbers, movements and to provide commentaries which would reflect a true position of requirements
• Challenging Country Finance, other relevant Stakeholders for getting better quality of inputs and commentaries which facilitates quicker finalisation of reports and Senior management (SM) review packs/sign off
• In-depth understanding of existing and new Taxonomies/ Policy Statements, regulatory frameworks, regulations, guidelines with the ability to interpret and suggest relevant changes where required
• Exercising right level of diligence, control and governance to comply with bank s Data Quality and Reporting Standards including those that are prescribed by the Basel and Regulatory Environment in which the bank operates
• Taking responsibility for stakeholder management, both internal as well as external to ensure consistency and promptness in service delivery
• Ensure the various validations and reconciliation of financial data for their correctness and completeness
• Coordinate technology service deliveries as part of monthly-cycle in-line with the Capital reporting commitments, both on external and internal
• Comply, Monitor, Validate and Report all Key Performance Indicators within the overall service delivery framework. This includes identification, measurement, monitoring and control of all thresholds set as part of Governance Framework of the bank
• Participate and contribute in all ongoing change management initiatives to enhance the Capital Reporting framework that is aligned with the regulatory and bank s technology objectives
• Develop strong functional content across Basel frameworks, RWA Information & Capital Infra Functionalities and conduct trainings/share best practices across various teams and aim towards enhancing the analytical quotient in all reports submitted to the stakeholders
• Plan, Prepare, Allocate the delivery tasks amongst the team, assign specific responsibilities and ensure that the all the assurance deliverables are met within the agreed timelines
• Be aware of the quality and operational control requirements, bearing in mind the expected data quality required for regulatory reporting in compliance to the standards set by the regulators
• Disseminate the knowledge on existing as well as ongoing changes happening in the Regulatory Reporting area in an organized manner to the rest of the team members and bring them up to speed to perform the activities
• Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity
• Continuously improve the quality of service to Capital consumers through regular effective engagement, e-2-e delivery and assurance across all regulatory and management reporting, by providing insights into RWA information as well
People and Talent
• Managing excellent relationship through an established engagement model with all stakeholders with Think Client Approach
• Always have an eye for Process Improvements and Innovations with an objective to Simplify , while still maintaining the value delivered
• Have an attitude to create a Collaborative Team Environment with Human element to build the function for the long-term
• Competencies enhancement and upskilling of people on BASEL IV, Regulatory interpretations, New Capital Regulations and thereby build a strong inhouse talent pool of domain experts
• Support and guide colleagues through knowledge sharing and coaching interventions and facilitating transparent communication including with stakeholders
Risk Management
• The ability to interpret the Group or country capital reporting information, identify key issues or potential Risks based on the information and put in place appropriate controls and measures towards Risk Mitigation and remediation
Governance
• Responsible for assessing the effectiveness of the Group or country arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; Awareness and understanding of the regulatory framework, in which the Group or country operates, and the regulatory requirements and expectations relevant to the role.
Regulatory & 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 the [country / business unit / function/[team] 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
• Head, Capital CoE,
• Head, Group Regulatory Reporting
• Head, Country Regulatory Reporting
• Business Finance, Product Control Functions, GSAM, Other Finance and Risk functions,
• Head PSS Technology All Capital-owned applications
• Technology Service Manager ( TSM )
Our Ideal Candidate
• Chartered Accountant, Finance Professionals (MBA Finance) or Under-Graduation in Commerce + MBA (Finance) from a reputed institution. Risk Management or related Professional certification will be an added advantage
• Minimum of 8 years of Strong Capital Regulatory Reporting, Financial Reporting, Group Consolidation, RWA Assurance and Analysis experience in Bank s Finance unit having Strong analytical and problem-solving skills
• Good understanding of banking products / Operations
• Risk Management or any other related Professional certification will be an added advantage
• Domain skills on Basel III Reporting/Regulatory Reporting, Capital Reporting, Credit Risk Analytics, Risk Weighted Assets (RWA) Analysis & Reporting
• SAP BPC, SQL working experience and knowledge in Moody s Systems will be an added advantage
Role Specific Technical Competencies
• Accounting
• Financial and Accounting Systems
• Financial Analysis
• Regulatory Environment - Financial Services
• Capital Adequacy Reporting
• Pillar III Disclosures
• COREP
• Basel Guidelines on capital management for banks
• This position is expected to drive tangible, sustainable and continuous improvement to KPIs and CTQ (Critical to Quality) metrices corresponding to Capital processes, while at the same time work closely and proactively with various teams including Change, Business, ITO, FOT, Technology and Testing teams to ensure that the changes land smoothly into BAU
Business
• Balance Sheet Management- BSM (CoE) manages Regulatory Reporting and Analytics across Capital and Liquidity Streams for Group, Regions and Countries covering the entire Group Balance Sheet. This includes managing the complete assembly line of operations through Global Process Management model, providing assurances for the quality of data, monitoring service levels and quality of output, resolution of issues through Business support model and Insightful Analytics for Business Decision.
Processes
• Ensure timely delivery of COREP Capital Adequacy and Leverage reports and any other internal and external reporting requirements within the Basel frameworks
• Ensure timely delivery of other regulatory submissions including Monthly Capital plus, PRA, FSA and other Group Consolidation and Pillar 3 disclosures
• Strong analytics to substantiate numbers, movements and to provide commentaries which would reflect a true position of requirements
• Challenging Country Finance, other relevant Stakeholders for getting better quality of inputs and commentaries which facilitates quicker finalisation of reports and Senior management (SM) review packs/sign off
• In-depth understanding of existing and new Taxonomies/ Policy Statements, regulatory frameworks, regulations, guidelines with the ability to interpret and suggest relevant changes where required
• Exercising right level of diligence, control and governance to comply with bank s Data Quality and Reporting Standards including those that are prescribed by the Basel and Regulatory Environment in which the bank operates
• Taking responsibility for stakeholder management, both internal as well as external to ensure consistency and promptness in service delivery
• Ensure the various validations and reconciliation of financial data for their correctness and completeness
• Coordinate technology service deliveries as part of monthly-cycle in-line with the Capital reporting commitments, both on external and internal
• Comply, Monitor, Validate and Report all Key Performance Indicators within the overall service delivery framework. This includes identification, measurement, monitoring and control of all thresholds set as part of Governance Framework of the bank
• Participate and contribute in all ongoing change management initiatives to enhance the Capital Reporting framework that is aligned with the regulatory and bank s technology objectives
• Develop strong functional content across Basel frameworks, RWA Information & Capital Infra Functionalities and conduct trainings/share best practices across various teams and aim towards enhancing the analytical quotient in all reports submitted to the stakeholders
• Plan, Prepare, Allocate the delivery tasks amongst the team, assign specific responsibilities and ensure that the all the assurance deliverables are met within the agreed timelines
• Be aware of the quality and operational control requirements, bearing in mind the expected data quality required for regulatory reporting in compliance to the standards set by the regulators
• Disseminate the knowledge on existing as well as ongoing changes happening in the Regulatory Reporting area in an organized manner to the rest of the team members and bring them up to speed to perform the activities
• Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity
• Continuously improve the quality of service to Capital consumers through regular effective engagement, e-2-e delivery and assurance across all regulatory and management reporting, by providing insights into RWA information as well
People and Talent
• Managing excellent relationship through an established engagement model with all stakeholders with Think Client Approach
• Always have an eye for Process Improvements and Innovations with an objective to Simplify , while still maintaining the value delivered
• Have an attitude to create a Collaborative Team Environment with Human element to build the function for the long-term
• Competencies enhancement and upskilling of people on BASEL IV, Regulatory interpretations, New Capital Regulations and thereby build a strong inhouse talent pool of domain experts
• Support and guide colleagues through knowledge sharing and coaching interventions and facilitating transparent communication including with stakeholders
Risk Management
• The ability to interpret the Group or country capital reporting information, identify key issues or potential Risks based on the information and put in place appropriate controls and measures towards Risk Mitigation and remediation
Governance
• Responsible for assessing the effectiveness of the Group or country arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; Awareness and understanding of the regulatory framework, in which the Group or country operates, and the regulatory requirements and expectations relevant to the role.
Regulatory & 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 the [country / business unit / function/[team] 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
• Head, Capital CoE,
• Head, Group Regulatory Reporting
• Head, Country Regulatory Reporting
• Business Finance, Product Control Functions, GSAM, Other Finance and Risk functions,
• Head PSS Technology All Capital-owned applications
• Technology Service Manager ( TSM )
Our Ideal Candidate
• Chartered Accountant, Finance Professionals (MBA Finance) or Under-Graduation in Commerce + MBA (Finance) from a reputed institution. Risk Management or related Professional certification will be an added advantage
• Minimum of 8 years of Strong Capital Regulatory Reporting, Financial Reporting, Group Consolidation, RWA Assurance and Analysis experience in Bank s Finance unit having Strong analytical and problem-solving skills
• Good understanding of banking products / Operations
• Risk Management or any other related Professional certification will be an added advantage
• Domain skills on Basel III Reporting/Regulatory Reporting, Capital Reporting, Credit Risk Analytics, Risk Weighted Assets (RWA) Analysis & Reporting
• SAP BPC, SQL working experience and knowledge in Moody s Systems will be an added advantage
Role Specific Technical Competencies
• Accounting
• Financial and Accounting Systems
• Financial Analysis
• Regulatory Environment - Financial Services
• Capital Adequacy Reporting
• Pillar III Disclosures
• COREP
• Basel Guidelines on capital management for banks
💡 Quick Summary
Seeking a career-building opportunity? The We are Hiring | Senior Manager position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.
