Spl'st, Business Finance

Recruiter
Standard Chartered Bank
Location
London, United Kingdom
Salary
Competitive
Posted
19 Jan 2023
Closes
01 Feb 2023
Ref
18504043
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The Role Responsibilities
Strategy
  • This role is an important role within the European Finance team supporting the Client Coverage (CC) CCIB Business across the region together with managing Performance reporting.
  • The role involves partnering the various business heads, the Regional CEOs and all the Group functions and business teams across our Global footprint to understand, manage and drive the complex business and operations within Europe.
  • The role requires engagement of senior leaders within the CC business in Europe, Finance professionals in Europe and Singapore, where the global business heads are based and more broadly across the CCIB and Europe Management team in.
  • Our presence in Europe is key to connecting our footprint markets of Asia, Africa and the Middle East with the West through offering global support as the centre of excellence for product and segment teams as well as being a major hub for funding, capital and liquidity.
Business
  • The role is a broad role supporting the Client Coverage business across the UK and Europe
Processes
  • Monitoring, understanding and challenging of business performance on both a management and origination lens.
  • Developing and maintaining an appropriate MIS reporting infrastructure produced by the offshore team to assist in the assessment of business performance.
  • Manage the month end process covering Revenue, BS and RWA.
  • Lead the annual budgeting process, influencing and challenging the business/top-down submissions by product and segment.
  • Provision of advisory support with respect to development of strategic plans / annual business plans and new product development
  • Develop and enhance relationships with other CCIB Finance teams within the Group to ensure consistency of support, approach and knowledge sharing.
  • Input into the development, maintenance and enhancement of management reporting tools for Balance Sheet, Risk Weighted Asset and Customer Profitability reporting.
  • Involvement in UK and Global Finance projects.
  • Identify and implement process improvements, including the migration of activities to off-shore support teams
  • Review and enhance financial controls to minimise finance operational risk.
  • Understand data and key drivers of business performance for the region, including revenues, costs, balance sheet and risk weighted assets.
  • Create and own analysis of performance metrics, both historical and forecast, including trends and comparisons.
  • Work with Europe business finance teams to build storylines around trends and drivers, in line with regional and business strategy.
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
  • The Europe Management Team, including regional CEOs
  • Europe CFO
  • Singapore CCIB Finance Exco
Our Ideal Candidate
  • Qualified Accountant - ACA / ACCA / CIMA desirable
  • Strong knowledge of CCIB Banking products, as well as a background in financial and management reporting within the financial services sector.
  • Ability to work with minimal supervision
  • Good communication / business partnering skills combined with maturity and confidence to deal with senior business management and third parties.
  • Strong organisational skills, flexibility with a sense of materiality and decision-making capability.
Role Specific Competencies
  • Covers management reporting to Group, Country Manco and Group/Local Business heads. This includes preparation and review of budgets, forecasts, inputs to business strategies, cost management and investment spend decision making.
  • Describes the key Group, Business Management Reporting principles, Group Accounting policies, reporting systems and processes.
  • Performs set processes such as preparing a standard report, running a database query, entering manual inputs to the management pack.
  • Performs the first check on data integrity according to set quality assurance processes.
  • Prepares standardized inputs to reporting packs including a basic reconciliation of Financial to Management books.
  • Explains the Performance Management framework and tools to new joiners including customer and product segmentation, management accounting principles, process and rationale for management reallocations, forecast and budget process.
  • Assesses impact within the role of any changes in management accounting principles.
  • Prepares performance management reports and performs basic analysis.
  • Identifies situations where the appropriate management accounting reporting policy should be applied or where it has been applied incorrectly.
  • Recognizes good business performance from poorer performance using an objective data driven approach.
  • Implements data controls verifying the integrity of reporting schedules with the General Ledger and associated Transaction Processing systems.
  • Assesses the context, rationale and impact of management accounting policies and is able to articulate them to Finance and business/ function stakeholders.
  • Applies critical principles and procedural knowledge of the policies to practical revenue sharing/ cost allocation situations of a routine nature.
  • Analyzes and models the impact of new rules on operations and reporting systems after engagement with key stakeholders impacted by the changes.
  • Resolves tactical challenges and conflicts between businesses and support functions in budgeting and cost management.
  • Leads in coordinating budget and forecast process, engaging with stakeholders and identifying and escalating risks and opportunities in the forward projections.
  • Provides insightful commentary on reporting packs and specialized schedules, including business variance analysis linking current performance with future projections, business momentum, risks and opportunities.
  • Recognized as credible source of data and query management on daily business and performance issues for business stakeholders.
  • Takes ownership of the end-to-end management/ business reporting process including responsibility for coordination within Finance Units to deliver the reporting requirements.
  • Plays an integral part in re-engineering and standardizing end to end reporting processes for maximizing efficiency, utilising automation where appropriate and ensuring data integrity.
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.
  • Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
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