Job Summary

•    New role to support the development of service pricing framework, developing processes to enable traceability of Tech Cost in the event separability (requirements for Phoenix & Mitto). 
•    Extension of Cost Simplification efforts breaking down Tech costs to sub products to enable compliance. Key faceoff with Tax, Tech & Service Mgmt Office

Key Responsibilities

Business
•    Provide support to Tech CFO & Head of Tech Service Pricing developing framework, systems & process to ensure cost transparency meeting the requirements of separability for Bank-wide Technology costs. Partnership with program office to ensure a future ready target state. 
Processes
Performance Management and Decision Support
•    Support the establishment of Service Pricing for the Technology Function in line with the strategic agenda of Technology.  .
•    Establish a framework to manage end to end recharges, including Tech Services & passthroughs for end user services, providing end to end cost transparency in line with key regulatory requirements to enable separability. Lead the engagement with Tax & Technical Accounting to ensure compliance with reporting requirements in the target state.
•    Support the framework to enable unit-based pricing for technology, developing unit rates and enabling dynamic demand forecasting. Create flexible pricing structures to support new product launches, bundles or service innovations. 
•    Thorough understanding of the underlying cost drivers and conduct regular deep dives to identify and validate cost opportunities.  Implement insightful and predictive analysis to provide enhanced financial transparency and understanding of the cost base.   
•    Support development requirements for PAPM to establish Bill of IT & maintain pricing tools & reporting for Technology Service Owners to enable compliance with regulatory framework of Phoenix & Mitto.
Financial Control
•    Maintain appropriate policies and procedures which govern Service Pricing to ensure that the cost budgets are rigorously adhered to.  
•    Management of cost processes relating to the Technology Service Pricing, including cost recharges and accounting treatment.  Support improvements to the Tech recharge framework, moving to consumption base / unit cost model and enabling it to drive the right behaviours and management actions. 
•    Ensure compliance with accounting standards, regulatory requirements and management reporting and policies. 

People & Talent
•    Provide coaching and mentoring to offshore team, building out team’s capability and fostering a business partnership mindset.
•    Lead by example, develop and embed a high-performance culture with specific focus on capability, effectiveness, and productivity.
Risk Management
•    Ability to interpret the firm’s financial information, identify key issues based on this information and put in place appropriate controls and measures.
•    Ensure compliance with Group Accounting Principles and practices, Financial Control policy, and other regulatory accounting guidelines.
Governance
•    Have an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role. 
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
•    Technology BPMs & Service Owners
•    T&O QPR’s & Project Management Office
•    CFO, Technology
•    Programme Director Phoenix, Cost Simplification & Mitto.
Other Responsibilities
•     Embed Here for good and Group’s brand and values in T&O and Functions Finance [Singapore]; 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

•    12+ years in finance, specializing in Tech Finance
•    Preferably Qualified Accountant (CPA, CMA, ACCA)
•    Proven track record in driving cost efficiencies in technology and financial control
•    Strong FP&A, analytical, and lateral thinking skills
•    Knowledge of technology and operations recharge models, and familiarity with the bank’s financial systems and control frameworks
•    Excellent communication and influencing skills, with confidence to engage with senior stakeholders
•    Strong commercial acumen, decision-making capability, integrity, and accountability
•    Collaborative team player, inquisitive self-starter with a ‘can-do’ mindset
•    Ability to multi-task, handle changing priorities, and manage multiple projects

Skills and Experience

•    Influencing & Advisory
•    Cost Transformation
•    Performance Management
•    Strategy & Planning
•    Financial Analysis
•    Commercial Evaluation

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.