JOB SUMMARY

The Senior Finance Manager (SFM) will be responsible for the books and records of the new Stablecoin Joint Venture (JV), as well as all associated reporting. The SFM will be the main point of contact for all financial audit enquires pertaining to the JV, as well as all financial reporting both for internal and external purposes.  

Some specific additional responsibilities include:

•    Managing the PnL of the JV; 
•    Determining budgets and monitoring cost spend;
•    Driving cost efficiency across the platform; 
•    Supporting the JV management team to liaise with shareholders, regulators and auditors regarding the financial position of the company; 
•    Managing the Support function as it pertains to costs and payroll;
•    Manage the Reserve Management function, including the investment strategy for the reserve as well as the operational aspects of managing that reserve;
•    All other responsibilities associated with the above.

RESPONSIBILITIES

Strategy

•    Overall company performance management, supporting the JV Management team with the Financial Planning and Budgeting/Forecasting exercise, monthly performance review and analysis; 
•    To collate market and competition information on the economy, market trends, peer reviews and any other relevant business related information requirements.  
•    Partner with SCB Finance teams on strategy, performance issues / opportunities.

Business

•    Provide timely and accurate financial information / MI / analysis (including business variance analysis linking current performance with future projections, business momentum, risks and opportunities) to enable strategic decision making. 
•    Provide coordination and support during forecasting, budgeting and monthly reporting cycles
•    Support expense reporting for the JV and provide analysis of the cost base, analysis Group cost allocations, prepare and support in the forecasting and budgeting activities, review and challenge cost allocation drivers and methodologies, support with monthly MI and analytics on the cost moments across various account lines and variances to budgets, forecasts, YoY, MoM, etc. 
•    Provide market intelligence on key competitors’ performance and highlight any changes in the competitive landscape.
•    Supporting the JV management team with any other adhoc analysis and project related support.
•    Liaise with SCB GFS support for manual entries on accruals, reclassifications, ad-hoc adjustments, and account substantiation. 
•    Ensure robust financial processes in place to report P&L and balance sheet in an accurate and timely manner and review monthly financial results.

Processes
•    Drive continuous improvements, identifying opportunities to consolidate, automate, and gain process efficiencies
•    Manage overall design and outcome of the end-to-end process and owns the process output performance in terms of client service, financial performance and risk where appointed as Process Owners.
•    To implement appropriate internal controls and operating risk management/monitoring processes and procedures within the unit for ensuring integrity of Performance and Expense reporting and compliance with related group policies/standards.

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.

Key Stakeholders

•    Standard Chartered Group and Country Finance Team
•    Standard Chartered Group and Country Treasury Team
•    Offhore Support Team

Qualification

•    Qualified accountant with relevant working experience in banking industry. Experience in Fintech / Startup is also a plus.
•    Strong connect with business performance metrics and how it is enabled through good process discipline
•    Strong analytical skill
•    Ability to work in an organised way, multi-tasking, prioritising, managing data to meet tight deadlines
•    Should be a resilient, self starter with well developed communication & inter-personal skills
•    Excellent Excel & PowerPoint skills

Role Specific Technical Competencies
•    IFRS
•    Accounting
•    Financial Record Keeping
•    General Ledger (G-L)
•    Generally Accepted Accounting Principles (GAAP)
•    Regulatory Environment - Financial Services

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.