Financial planning & Analysis

Employer
Covenant Consultants
Location
Chennai
Posted
Nov 12, 2024
Closes
Nov 19, 2024
Ref
4935228494
Level
Staff
Certification
Other
Work Mode
Work from office
Hours
Full Time
Organization Type
Consultancy, Corporate
efer to myHR for guidance on how to define roles and responsibilities.

This role is within the Corporate and Investment Banking business (CIB). CIB business has a footprint across the globe with an annual >USD11 bn revenue and risk weighted assets around ~USD140bn. The asset portfolio comprises a wide variety of financial instruments. The Business Performance Operations finance team supports the CFOs providing financial insights and performance and tracking progress of strategic initiatives. The incumbent is expected to have forward looking mindset.

The VP Country Corporate & Investment Banking (CIB) is a key Leadership role within Business Performance Operations which delivers Business Partnering and FP&A to Country Heads on performance management.

Broad areas covered within this role include
  • Functional Owner on FP&A deliverables for the Country
  • Drive business performance conversation with the Country Heads.
  • Deliver Standard MI to Country and ensure consistency across all markets and provide actional insights to the business.
  • Drive implementation of Banks strategic initiatives, shaping the future design of processes and the requirements for the new technology.
  • Strong understanding of CIB business and leadership skills with experience in leading high-performing teams.


Responsibilities*

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Being a effective Finance Business Partner, responsible to provide:
  • Standard Performance MI with insights on current performance
  • Analytics Deep dive on Business Performance to drive consistent and sustainable above and beyond business performance
  • Partnership with Business Heads and CFOs to drive and manage Country Performance via agreed metrices


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Being a Functional owner of the FPA process, responsible for:
  • Champion of the process and able to connect front to back with complete process ownership
  • Implementing industry best practices on Performance Management, Forecasting and Business Analytics
  • Driving Continuous process improvement which drives efficiency and better control in all the FP&A
  • Collaborating with other Business Performance leads to ensure standard and consistent MI is delivered to business across CIB


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  • Represent BPO in-Service Review engagements with CFOs, provide management insights and address any CFO level actions from the Review meetings
  • Act to minimize operational loss and audit failures and take proactive measures to respond to matters arising and identify and manage forward looking risks.
  • Through assignment of direct and indirect reports, establish and maintain an appropriate framework and procedures for monitoring, identifying, measuring, assessing, reporting, and managing compliance, regulatory, financial crime, operational and reputational risks


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  • Build and review Governance framework around Standard MI, internal controls, adherence to policy to adherence to agreed risk appetite.


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  • Display exemplary conduct and live by the Groups 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.
  • Lead the [country / business unit / function/XXX [team] to achieve the outcomes set out in the Banks Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  • [Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation].

[Where relevant - Additionally, for subsidiaries or relevant non -subsidiaries]
  • Serve as a Director of the Board of [insert name of entities]
  • Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)


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  • Country CEOs & CFOs
  • Country Business Heads and Product CFOs
  • Business Performance Operations GPO and Leadership team
  • Head of GFS
  • Finance Operations and Transformation
  • Group & Country Finance


Other Responsibilities*

Embed Here for good and Groups brand and values in Fin Operations Business Performance Team]; 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*

Training, licenses, memberships and certifications

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  • MBA, CA, CFA, ACCA with a minimum of 6 years of experience (post qualification) in a financial service industry


Additionally, the following skills sets are a key to success of the incumbent:

  • Strong business interface, ability to connect macro economics with P&L and Balance Sheet
  • Avid reader of current and ongoing trends in global markets
  • Lead multiple initiatives in Banking business finance e.g. RWA management, balance sheet management, ideas to generate revenue
  • Strategic mindset and with a good understanding of FP&A activities pertaining to Corporate and Investment Banking business.
  • Strong analytical skills and ability to make decisions.
  • Excellent business judgment, operational control management and risk assessment.
  • Experience in change and programme management and self-awareness to adopt varying approaches for different stakeholder dynamics.
  • Results orientation, exceptional energy, and ambition to drive systems, technology and process
  • Strategic context with ability to work collaboratively within the Team and the Bank in formulating strategies involving sourcing and suppliers to deliver business value
  • Senior executive stakeholder management capability that provides strong collaboration with business and functional leaders.
  • Possesses skill to leverage interpersonal abilities to influence others and skilfully build credibility with stakeholders
  • Mental tenacity and analytical mind having the ability to take on tough and complex challenges, yet remain calm and professional under pressure.


Skills and Competencies*

There are 12 behavioural skills that underpin our Valued Behaviours. Each of these skills is known to drive high performance in organisations and is used to inform how we hire, develop, and promote our people.

Any skill can be selected for any role. It is expected that as complexity of role increases emphasis on various skills changes. There are minimum standards of skills that are required for People Leader and Managing Director roles. Refer to myHR for further guidance.