Job Summary

This role could be based in China and Poland. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country where the role is based.

Director of Governance Services (Cost & Efficiency) will be responsible for Cost Governance and Spend Optimization in T&O Governance Services, partnering with Finance and the T&O MT to identify and optimize costs across T&O to deliver on the required Corporate Plan and Head Count commitments. Key areas of focus are consultant & vendor spend, expenses, cost out programs, cost out through organisational redesign, organisational health, etc. This role will ensure that our governance practices in Financials (forecasting, actuals and cost savings) are robust, consistent, and aligned with industry best practices. 

Key Responsibilities

Financial Management 
• Manage the overall budgets and headcount targets for T&O Governance team, on behalf of the Head of Governance Services, and ensure complete adherence to financial objectives of sticking within the budget or creating saves as agreed with the Head of Governance Services.
• Continually explore ways to create saves via synergies, efficiencies and other such means.
• Display and live the highest standards of conduct and values while managing the financials.
• Actively organising the cost centres for T&O Governance team to ensure sufficient transparency, accountability and empowerment of spends at appropriate authority levels.
• Actively managing and tracking all cost centres (incl. projects, BAU and TPS) related to T&O Governance spends.
• Actively work with Head of Finance for T&O Governance to ensure TPS budget and stretch targets are delivered.
• Actively manage BAU budget to create room for meeting the aspirational and future looking agenda for T&O Governance.

Strategy
• Support the Head of Governance Services to develop relevant strategies/business plans on cost governance and spend optimization across the function.
• Preparation for, and facilitation of, “critical path” strategic meetings with a view to ensure delivery of intended outcomes in the most efficient and effective manner in relation to cost.
• Develop metrics and track KPIs for management actions and for reporting as / when required.
• Support for preparation of various strategy packs for Management.

Governance
• Partner with Finance, HR and the relevant business managers (on behalf of MT) to identify and optimise costs across T&O to deliver on the required Corporate Plan and headcount commitments.
• Coordination/orchestration of governance deliverables or commitments directly involving the heads with a view to actively manage any conflicting interest and views to create alignment towards common T&O MT agenda and goals, particularly around financials.
• Support the effective delivery of the operational excellence agenda through management of budgets, infrastructure and the people agenda (including resourcing, capability and capacity and demand & supply)
• Extensive collaboration with Performance Management team, leverage available resources, systems and reporting capability to build comprehensive dashboards. This could also include Vendor Rationalization and oversight in partnership with CSM, Property optimization and allocation in partnership with CRE.
• Originating and updating of various strategic documents (PPT, Excel, Word etc) for key meetings on an adhoc basis.
• Support the establishment and operation of an internal control framework to provide management the necessary assurance by conducting proactive assessments on agreed frequency for all critical governance forums.
• Evaluate the impact of new and changing firm-wide / industry wide / governance requirements and enhance the governance framework on an ongoing basis to maintain its adequacy.
• Regularly support the internal Governance Forum to demonstrate robust management control approach & awareness.
• Ensure necessary management awareness and focus to critical issues / actions originating from all group governance forums, particularly relating to Financials.
• Provide support for identification of Management metrics applicable to the Senior Manager & the management team, particularly relating to Financials.

People & Talent
• Lead through example and build the appropriate culture and values. Sets appropriate tone and work in collaboration with risk and control partners
• Ensure the provision of ongoing training and development
• Create a motivational and challenging environment which is conducive to creativity and performance with customer centricity in mind

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.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures 
• Responsible for building a culture of good conduct
• Embed Here for good and Group’s brand and values in the team 
• Support the T&O Governance Services 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.] *

Key stakeholders
• Head, Governance Services
• Global Head, Technology & Operations Governance
• CFO Technology & Operations
• Global Head of HR Technology & Operations 
• Group secretariates
• T&O MTs Business Managers
• 1LoD Risk
• 2LoD Risk
• Group Audit

Qualifications

• Education-University Qualified
• Accountancy qualification

Skills and Experience

•    10+ years in financial management and accounting, with extensive exposure to project and stakeholder management in an international firm, preferably in Financial Services.
• Track record of (helping) managing budget, achieving cost efficiency and savings at the business and function level. This would include close partnership with different functions and teams to deliver a common and strategic goal. 
•    High proficiency in management metrics and key performance indicators, especially relating to business financial health and budget disciplines.
•    Understand and experience in top-down and bottom-up approaches in change management and associated budget challenges and execution.

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.