You will be taken to Standard Chartered’s own careers page to apply. Job ID 1371658357.
Job description
Job Summary
The Central PC Controls team is accountable for delivery of the end-to-end FM P&L (Financial Markets) product & valuation control functions in GBS and manage different strategic initiatives for FM PC. The Head of Central PC Controls works closely with the Line PC across FM , GBS and the PC senior management team in Bangalore & Singapore to deliver the objectives of the function.
Key Responsibilities
Strategy
Review/Prepare various reconciliation reports, management packs and adhoc reports.
Posting of month end Journals for accrual, provision and true up.
Take responsibility for the quality of work submitted and ensure that the highest standards are maintained.
Business
Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system.
Develop & maintain effective and standard processes. Maintain DOI's.
Perform the reconciliations between different data sets for the migration of systems.
Perform the testing for all the test cases and highlighted the results in time to the management.
Quarterly substantiation of Financial Market balance sheet.
IFRS 9 classification of financial instruments, off balance sheet, and liabilities classification.
Processes
Responsible for running controls between system for Terada migration to Hadoop,
Testing of the results and sharing with senior management within the central team.
Communicate with the program team on regular intervals on the update of the migration.
Risk Management
Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and Balance sheet substantiation.
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
Regular face off with in PC various line teams, Product Control Management, Regional finance team and various internal stakeholders within GFS.
Act as a point of reference for team members and internal clients.
Manage relationship with internal stakeholders, take regular feedback, anticipate, and understand issues and escalate appropriately for timely resolution
Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams
Skills and Experience
Accounting rules
Control mind-set
Quantitative reasoning skills
Product knowledge
Interpersonal and communication skill
Qualifications
Education
MBA, CA, CFA, ACCA with a minimum of 3+ years of experience (post qualification) in a financial service industry.
Control mindset and ability to identify and mitigate and control gaps
Good understanding of financial market products
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.
