Job Title Here Experience Director

Title: Head - CIB Finance
Bangalore, IN
Job Summary
•This role is within the Corporate and Investment Banking business (“CIB”). CIB business has a footprint across the globe with an annual ~USD12 bn revenue and risk weighted assets around ~USD160bn. The asset portfolio comprises a wide variety of financial instruments. The Business Performance Operations finance team supports the CFOs providing financial insights and performance and tracking progress of strategic initiatives. The incumbent is expected to have forward looking mindset.
•The Executive Director role or the Head CIB Finance is a key Leadership role within Business Performance Operations which delivers Business Partnering and FP&A to Products, Country Heads on performance management.
•The role is based in Bangalore and reports to Global Head of Business Performance Operations and within the CIB business of the bank, encompassing Control, Governance and Advisory aspects in supporting the CIB business leading a large team of 135+ staff to achieve the objectives of the function.
Key Responsibilities
Global Finance leadership & Representation
• Be the principal FP&A lead for CIB CFOs; lead the CIB products and performance, CIB Country FP&A and PMI BAU and Transformation 135+ FTEs
• Matrix reporting into CIB CFO, supports CIB product CFOs and cluster CFOs on all revenue, balance sheet and cost parameters
• Participation in product reviews with Product CFOs & with Head of CIB product control
• Single point of contact for auditors in all matters relating to CIB products P&L and Balance sheet
• Represent CIB in all forums with respect to RoTE and associated parameters, sub- optimal client analysis, competitive benchmarking and collaborate with CIB central team
• Partnering with GFS to build appropriate tech, data and analytics capability around CIB, resulting in standardization and automation
• Represent Markets in large scale migration projects (TWD) and partner with other line PC teams, IT teams to deliver on broader CIB goals. TWD is a multi-million, multi-year strategic investment programme to transform GCFO into a modern, globally-consistent organisation with skills, capabilities and jobs that match competitor banks. The programme is responsible to develop and implement the GCFO strategy to deliver the GCFO Change agenda into the bank and ensure the target regulatory and business benefits are realised.
Performance Management and Business partnership
• Institute appropriate tracking measures on Revenue, Balance Sheet and Cost performance of CIB products namely Markets, Banking and Transaction Services
• Enforce performance accountability for delivery of Budgets and Forecasts for CIB products P&L
• Ensure P&L and Balance Sheet parameters are aligned to business strategy, deliver targeted returns and that a culture of continuous improvement is embedded in business processes.
• Drive key decisions, policies governing cost allocations principles between CIB products
• Develop market intelligence on Peer banks and align with CIB strategy, thereby playing a role in influencing adoption of by businesses.
Strategy
• Take the lead, coordinate and shape the 5-year corporate plans with Markets, Banking, Transaction Services performance management leads for CIB Global targets; CIB aspires to be a leading revenue generator for the bank and a key growth business
• Play a key role in structural changes and budget restatements and reforecasts.
• Provide sharp analytics and commentary on CIB performance and forward looking narrative for Board, Investor Comms and other external presentations
• Undertake detailed peer review and external benchmarking analysis, identifying areas of best practice and key focus areas
• Responsibility of CIB GCFO Bangalore and Chennai budget and HC. Ensure to stay within guardrails and bank in committed FFG efficiencies as part of FFG CIB GCFO business initiative.
Transformation & Digitization
• Take the lead in design, development and roll out of appropriate MI in collaboration with CIB performance management lead and wider GFS teams
• Drive simplification, standardisation, Digitization and widespread adoption of consistent MI and analytics for Countries – help drive efficiencies in the production and delivery of MI
• Active participation on Finance driven strategic change projects and ensure appropriate treatment of matters relating to CIB P&L
Financial Control
• Help CIB business by initially nurturing a focussed model for R2R, Product Control, stress testing and regulatory liasioning.
• Review Daily P&L trends and highlighting gaps / opportunities to Forecast.
Risk management
• Responsible for identifying, assessing, monitoring, controlling, and mitigating Operational risks in ‘Management Reporting and Controlling’
• The role demands an awareness and understanding of the main risks facing the Group and the role the individual plays in managing them
• The ability to interpret the CIB’s financial information, identify key issues based on this information and put in place appropriate controls and measures
Governance
• Responsible for assessing the effectiveness of the Group’s 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 operates, and the regulatory requirements and expectations relevant to the role
• Responsible for delivering ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner
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 SCB. 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
People and Talent
• Lead a well organised CIB FP&A CFO domain providing coverage to CIB in a balanced and effective way
• Lead through example and build the appropriate culture and valued behaviours. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have affective supervision in place to mitigate any risks
• Employ, engage and retain high quality people, with succession planning for critical roles
• Responsibility to review team structure/capacity plans
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives
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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Lead 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.]
• Serve as a Director of the Board
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
Key stakeholders
•CIB CFO
•Country CIB CFOs / cluster leads
•Markets, Banking, Transaction Services and Client Coverage CFOs
•CIB finance head
•Global head of Product Control
•Global business heads
•Product Heads
•Auditors (E&Y) and PR
Other Responsibilities
•Embed Here for good and Group’s brand and values in Fin Operations Business Performance Team]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); [List all responsibilities associated with the role]
Qualifications
•Post-graduate (MBA or Diploma) with a professional qualification and atleast 15+ years of relevant experience
•Experience of dealing directly with senior management within a large multinational organisation, preferably Financial Institution
•Proven ability to drive change, strong team working and networking capability, success of role is reliant on ability to work with many different teams effectively
•Strong verbal and written communication skills, clear, concise and at appropriate levels of details to tailor to different audiences and purposes
•Ability to work in fast pace environment, multitask and respond in short timeframes
•High level of numeracy and detailed oriented
•Ability to demonstrate the Bank’s values in achieving objectives
Skills and Experience
•Strong business interface, ability to connect macro economics with P&L and Balance Sheet
•Avoid reader of current and ongoing trends in global markets
•Lead multiple initiatives in Banking business finance e.g. RWA management, balance sheet management, ideas to generate revenue
•Strategic mindset and with a good understanding of FP&A activities pertaining to Corporate and Investment Banking business.
•Strong analytical skills and ability to make decisions.
•Strong leadership and interpersonal skills in networking and influencing decisions taken in the business and in infrastructure teams.
•Excellent business judgment, operational control management and risk assessment.
•Experience in change and programme management and self-awareness to adopt varying approaches for different stakeholder dynamics.
•Results orientation, exceptional energy, and ambition to drive systems, technology and process
•Strategic context with ability to work collaboratively within the Team and the Bank in formulating strategies involving sourcing and suppliers to deliver business value
•Strong team leadership & development skills to lead a motivated team – with an ability to operate in complex multi-organisation, multi-country and multi-cultural environments
•Senior executive stakeholder management capability that provides strong collaboration with business and functional leaders.
•Possesses skill to leverage interpersonal abilities to influence others and skilfully build credibility with stakeholders
•Mental tenacity and analytical mind having the ability to take on tough and complex challenges, yet remain calm and professional under pressure.
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
- Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
What we offer
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 leave, parental/maternity (20 weeks), sabbatical (12 months 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.