Job Title Here Experience Director

Job ID: 000000123SC
Location: London, UK
Area of interest: Investment Banking
Job type: Permanent - Full Time
Work style: Hybrid Working
Opening date: 27-Sept-2022 Closing Date: 12-Oct-2022
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Title:  Senior Manager - GFS - CRR

14051

Chennai, IN

Audit, Accounting & Finance
Regular Employee
Office - Full Time
13 Feb 2025

Job Summary

Strategy*

  • Ensuring alignment with country stakeholders on the development and execution of country specific strategic goals regarding Country Financial Regulatory Reporting (FRR).
  • Identifying and implementing best practices to enhance reporting efficiency and accuracy.

Business*

  • Understanding and articulating country specific regulatory requirements, FRR metrics computation and methodologies, and regulatory parameters and key drivers.
  • Understanding banking products and country specific business context and correlating these to local regulatory reporting.
  • Translating relevant local financial regulatory requirements into business and functional requirements and driving the discussion with country stakeholders across Finance, Treasury, Risk, Data, IT and the Business for ongoing compliance in local regulatory reporting.

Processes*

  • Ensuring accurate and timely submission of all required local regulatory returns to relevant senior stakeholders and/or regulatory authorities ( like RBI for India, MAS for Singapore and so on) , where appropriate.
  • Provide day-to-day delivery management to the team
  • Ensuring all queries for submitted reports are addressed within timelines including any ad hoc requirements in respect to processes managed.
  • Ensuring the operational efficiency, accuracy and completeness of the reports are monitored with appropriate KPIs.
  • Establishing robust governance and controls for the reporting process including the requirements to manage report quality and operational control. This includes expected data quality monitoring required in the reporting standards for regulatory reporting.
  • Continuously striving for process optimization to enhance production efficiency and reduce errors.
  • Leveraging technology and automation tools to streamline reporting processes.
  • Supporting the transition of changes into BAU effectively that is aligned with the Bank’s regulatory and technology objectives.

 

People & Talent*

  • Train & manage and motivate a team of high performing individuals. Manage service delivery at the time of attritions with the supervision of team Head.

Risk Management*

  • Monitoring and ensuring that appropriate BAU and Change governance and controls are followed across all production and transformation activities.
  • Overseeing the maintenance of comprehensive documentation of reporting processes, standards and controls.
  • Coordinating with internal and external auditors to facilitate audits and reviews.

 

Governance*

  • Monitor and ensure that appropriate Change governance is followed across all transformation initiatives.  Represent the function at the governance forums in place for tracking change initiatives and influence decisions in respect of the change backlog, prioritisation, choice of technology tools and the operating model

 

Leadership Qualities & Characteristics*

  • Upholding high ethical standards and ensuring all reporting activities are conducted with integrity and transparency.
  • Promoting a culture of diversity and inclusivity, compliance and ethical behaviour within the team.
  • Inspiring proactive and innovative behaviours in the team to continuously improve performance and strive for excellence.
  • Leaders should be hands-on to undertake activities/tasks on their own as the role demands while supporting and managing other members of the team

Key Responsibilities

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 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*

  • GPO/GPM, Capital & Liquidity & FRR
  • GPO/ Country Finance , technology , change management and other related functions.

Skills and Experience

Technical

 

  • Understanding of the bank’s products and services with specialisation in atleast one of FM, CIB, or Treasury products
  • Financial Reporting skillsets & experience
  • Fundamental understanding of Balance Sheet Management
  • Regulatory reporting experience
  • Conceptual knowhow of Balance Sheet Management metrics and its calculation methods – Liquidity, IRRBB, Capital 
  • Robust understanding of the Regulatory Framework associated with FINREP, COREP, Liquidity and IRRBB reporting (e.g., Basel framework, country regulatory reporting taxonomy)
  • Understanding of IFRS Accounting

 

Soft Skills

 

  • Very good written and verbal communication skills
  • Ability to engage with senior stakeholders.
  • Excellent Interpersonal Communication
  • Strong Business Writing skills

 

Technology orientation (what will give the candidate an edge)

 

  • Knowledge of Python
  • SQL Platforms
  • Knowhow in deploying AI and ML solutions to mechanise processes and achieve scale.

The Technical Competency Framework outlines a consistent set of expectations on what technical knowledge is required for a group of similar roles aligned to the Job Family Framework. Technical Competencies are designed to build transparency and objectivity by providing an in-depth view of the expectations for a role. 

Please select technical competencies from the library here. It is recommended that there is no more than 6 technical competencies selected per role. 

Qualifications

  • MBA (Fin) or Master’s in finance / Accountancy / Economics or affiliated subjects; Undergraduate degree in Science / Engineering / Commerce.
  • Chartered Accountant: Risk Management or related Professional Certification will be an added advantage.
  • Minimum of 12 years preferably in Financial Regulatory Reporting.
  • Strong knowledge of Capital & Liquidity regulations and metrics; Proficient in analytics to drive deep understanding of Capital & Liquidity; Collaboration mindset; able to deliver solutions to improve BAU.

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.
14051