Job Title Here Experience Director

Title: Manager, IFRS9 MFU GBS
Bangalore, IN
Key Responsibilities
Looking for Manager (Band-7) to perform the IFRS9 related reporting activities with an ability to use analytical tools like SAS to extract the ECL information. Candidate should possess IFRS-9 domain expertise should have hands on experience in IFRS-9 ECL reporting
• Work towards delivering the monthly IFRS 9 deck to the segment CFO teams covering the drivers of the movements in EAD / ECL and impact of ECL scenarios.
• Manage the quarterly late ECL adjustment process with stakeholders in respective country finance teams and Hub’s financial reporting teams.
• Manage adhoc queries on impairments from various stakeholders.
• Quarterly papers for the various governance committees covering the balance sheet of Early Alert, High Risk, Impaired accounts, stage 3 flows, commentary on movements by retail products and by industries.
• Work towards presentations to various governance forums like the Impairment and Audit committees at different levels of consolidation viz., PLC, Bank Group and Company.
• Demonstrate good understanding of IFRS-9 accounting standard related to ECL Computation, basic knowledge of credit risk metrices and credit risk analytics
• Hands on experience in working with accounting software’s like Peoplesoft GL, SAP HANA4 etc, reporting tools like Axiom and Analytical tools like SAS
• Good to have experience would be change management experience in devising and developing solutions for credit risk analytics using SAS.
• Qualification CA/MBA with minimum 5-6 years of experience in credit risk reporting. FRM or IFRS certification would be an advantage. Certification in SQL or SAS would be good to have if not should demonstrate the ability to write simple-complex SQL queries .
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/XXX [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.
• [Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation].
[Where relevant - Additionally, for subsidiaries or relevant non -subsidiaries]
• Serve as a Director of the Board of [insert name of entities]
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
Other Responsibilities
Embed Here for good and Group’s brand and values in XXXX [country / business unit / 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]
Skills and Experience
Uses basic tools to create simple financial reports.
Implements organizational methods and procedures for financial report writing.
Monitors compliance with organizational standards for financial report writing.
Analyzes errors or inaccuracies in financial reports.
Follows organizational practices and guidelines for product profitability reporting.
Recognizes the need for and concepts behind accounting principles.
Identifies key issues and components of GAAP.
Describes how GAAP is applied within the organization.
Seeks relevant documentation and information.
Explains the basic concepts and terminology of accounting.
Lists the major responsibilities of the accounting staff.
Describes key activities of established accounting processes.
Identifies the basic tools used for maintaining accounting information.
Qualifications
• Qualified Accountant is a must – CA , CPA or CIMA (UK)
• 5 –8 years post qualification relevant work experience in a Financial Reporting role preferably in a Financial services industry with specific experience in performing analytical reviews of legal entity/statutory reporting (schedules and data) with business in focus
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.