Vacancy title: Manager, Business Finance- CCIB
[ Type: FULL TIME , Industry: Banking , Category: Management ]Jobs at:
Standard Chartered BankDeadline of this Job:
07 October 2022
Summary
Date Posted: Thursday, September 22, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Role Responsibilities
Business Partner
• Collect and present relevant financial data to help in the formulation of strategy of CCIB business and monitoring progress towards key performance indicators.
• To assist CCIB business in all matters relating to CCIB Customer profitability reporting
• Partner business in establishing a low and value for money cost base.
• Assist the business in analysing variance reports and value cost base
• Regularly highlight performance and execution gaps for agreed strategic and recommended remedial actions.
• Ensure CCIB balance sheet is aligned to deliver performance target and continuously leverage to deliver optimum revenues
• Perform regular segment, customer and product profitability reviews to ensure value is not being destroyed.
• Act as financial advisor to the CCIB business in matters relating to finance
Reporting
• To ensure CCIB monthly reporting is timely and accurate at both product and customer segment levels. This includes consistent application of Funds Transfer Pricing and cost allocation methodologies.
• Assist business to Undertake the financial analysis of the Business monthly performance.
Budgeting and Planning
• Provide financial input and coordinate the formulation of business operating plans /budget and monitor progress towards its achievements, drawing attention to important trends, risks and opportunities to maximise earnings and minimise risk
• Review and monitor the business performance against Group policies for Market risk, Liquidity Management, local regulatory and other statutory requirements
• Manage the CCIB cost centres
• Ensure adherence of CCIB and Financial controls Policies.
• Ensure WB business complies with Taxation, capital, regulatory and statutory accounting requirements.
Country ICAAP
• Support the business with ICAAP financials and assumptions used to aid the country ICAAP activities.
• Support the Country ICAAP process and ensure review by ExCo and GIA, approval by the Board and submission to the Central Bank.
People
• Individual Learning and Developments Plans
Operational Risk Management and Assurance
• Act as Unit Operational Risk Manager for the Reporting Unit
• To report Unit’s Operational Risk issues and losses to Functional Operational Risk Manager (FORM)
• To assist FORM in developing and updating of procedures, controls and monitoring plans
Operational Risk Management
• To adhere to the agreed KCSA plans and approach
• To identify and report all exceptions on non compliance with standard controls
• To identify and report all weaknesses inherent in the standard controls
• To maintain proper record keeping on all KCSA related activities
Health & Safety (General)
• Complete mandatory H&S learning; behave responsibly in compliance with this policy;
• Follow instructions as defined in H&S standard and comply with applicable legal requirements;
• Report work related accidents, incidents, ill health and unsafe workplace conditions
• Cooperate in assessment and mitigation of H&S risks and investigation of accidents and incidents.
Conduct Responsibilities
• Provide leadership in Zambia CCIB Finance team to comply with the highest standards of regulatory and business conduct and practices as defined by internal and external requirements. Understand and ensure compliance with, in letter and spirit, all applicable laws, regulations and guidelines including those governing securities activities, company law, anti-money laundering, terrorist financing and sanctions; the Group’s policies and procedures; and the Group Code of Conduct. Take personal responsibility for understanding the risk and compliance requirements of the role. Effectively and collaboratively identify, escalate, mitigate and resolve risk and compliance matters.
• Embed the Group’s Values and Group Code of Conduct to ensure adherence with the highest standards of ethics. Comply with relevant policies, processes and regulations, as part of the culture. Lead by example by displaying exemplary conduct behaviours and take personal responsibility for:
o The conduct of individuals in Zambia CCIB Finance team ensuring behaviours set out in the Group Code of Conduct is followed.
o Zambia CCIB Finance team achieving the outcomes set out in the Conduct Principals and Pillars.
o both direct and indirect/dotted line managers are individually accountable to proactively communicate, collaborate and agree on the conduct ratings of employees.
Anti Money Laundering
• Ensure vigilance in relation to the risk of money laundering and assist in the Bank’s efforts in combating it
Key Stakeholders
Internal
• Business Heads
• Group Finance
• GFS Kenya – Hub
• GFS Chennai
• Heads of support functions
• Internal Auditors
• Business Operations
External
• Central Bank
• Tax Authorities and Consultants
• Insurance Agencies
• External Auditors
• Industry and Trade Associations
• Central Statistical Office
• Financial Institutions
• Stock Exchange
Other Responsibilities
Perform other duties as may be assigned by the Chief Financial Officer (CFO)
Our Ideal Candidate
• Degree in Economics, Business Administration, Accounting or Professional Accounting qualification (e.g. CIMA or ACCA) together with at least 2 years relevant working experience.
• A sound knowledge of the Group Market Risk and Accounting practice and statutory requirements, and indeed an all round banking experience.
• Good communications and inter personal skills due to the frequent contact with both internal and external customers.
• Hands on experience in computer packages and spreadsheets
About Standard Chartered
We’re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• 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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
• Recruitment assessments – some of our roles use assessments to help us understand how suitable you are for the role you’ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Education Requirement: No Requirements
Job Experience: No Requirements
Work Hours: 8
Job application procedure
Click here to apply now
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