Talent.com
Assistant Manager

Assistant Manager

Standard Chartered BankChennai, Tamil Nadu, India
7 days ago
Job description

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Key Responsibilities Business and Processes

Pre-Month end and Ledger Close : Ensure the accuracy of books and records and compliance with IFRS for Group external reporting and supporting local GAAP requirements.

  • Support the day-to-day controls & periodic monitoring activities, timely identification and reporting of significant risks & losses, and effectiveness of risk mitigation actions.
  • Perform quarterly analysis of movements in balances, variance and identify business reasons.

Financial Reporting, Analytical Review and Group Reporting : Accurate financial reporting -evidencing assertions principles and ledger close analytical review

  • Prepare / maintain supporting documentation for financial statements and related footnotes and maintain standard list of accounting and reporting reviews for pre-quarter close.
  • Maintain list of business and accounting events prior to balance sheet date for support during business review of IFRS schedules
  • Engage with Data Quality and Assurance team for data reviews and confirmation on posting journals for appropriate rectification and adjustments to ledger data.
  • Engage with Group reporting team to ensure that reporting actions based on past-quarters' group queries have been completed and do not recur.
  • Managing Quarterly & Annual Group queries from Group Finance, Product control, Treasury & Tax teams
  • Engage with Group reporting team for process improvements leading to reduction of Group Queries
  • Substantiation and Attestation : Ownership reviews and Balance Substantiation including risk assessment, CFO Attestation

  • Ensure that the periodic reconciliation & substantiation exercise across the bank is performed smoothly and escalate exception / non-compliance to the department head and Country Finance
  • Support CFO declaration.
  • Control and Risk Governance : Deliver and execute the controls as laid out in the controllership framework.

  • To work closely with the Country Finance and LEC team in managing the Financial Controls & Risk function.
  • Identify and present Financial & Operational Risk to the Senior Managements (CFO, Cluster CFO & Reg. CFO etc.,) through various Risk FORUMs like FORTM, ERC, CORC, SRM etc.,
  • To ensure financial control policies and compliance monitoring measures are in place and being adhered to & to ensure a robust financial control environment in the Bank.
  • Improve External and Internal GIA audit grades.
  • To test and sign off existence of financial control measures when the organization launches any new product, ventures, subsidiaries and such other specific projects.
  • Legal Entity Controllership : Country partnering for Local GAAP Adjustments, Local Stat Accounts including Analytical review.

  • Embed the Controllership + Reporting model ensuring the end client is kept at the centre of the model ensuring it serves the intended purpose efficiently and effectively.
  • Successful implementation and sustainability of Controllership Framework for the assigned countries.
  • Support the improvement of financial control framework using the Controllership design.
  • Sox implementation
  • Engage and collaborate with Country and Group teams for process, knowledge and change management.
  • Building a strong functional and business knowledge in the teams
  • People & Talent

  • Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
  • Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
  • Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
  • Risk Management

  • The ability to interpret the Group's financial information, identify key issues based on this information and put in place appropriate controls and measures.
  • Governance

  • Monitor and ensure that appropriate Change governance is followed across all transformation initiatives. Represent the function at the governance forums in place for tracking change initiatives and influence decisions in respect of the change backlog, prioritisation, choice of technology tools and the operating model.
  • 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

  • Country Controllers and CFOs
  • Product Control & Operations
  • Finance Accounting & reporting operations team
  • Finance Operations and Transformation
  • Group & Country Finance
  • Qualifications

  • 2+ years of work experience in financial control / operational risk functions of FIs, internal audit of FIs or external audit from Big 4 firms
  • CA / CWA preferred.
  • Strong understanding of IFRS and Financial Control & Reporting for large global Banks.
  • Experience of working for Finance in GCC set-up with exposure of managing functional responsibilities with end-to-end view and strong stakeholder management skills
  • Should have strong knowledge and understanding of data management, data quality and its linkage in driving business performance management.
  • Strong analytical, operational control management and risk assessment skills.
  • Strong Change mindset, challenges status-quo, drive systems & technology & process
  • Leverages interpersonal skills to influence others and skilfully build credibility with stakeholders.
  • Skills and Experience

  • Demonstrates proficiency in MS Excel and PowerPoint
  • PSGL experience
  • Effective Communication
  • Stakeholder management
  • Problem solving & Analytical skills
  • Data management
  • Control mindset
  • 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.

    ]]>

    Create a job alert for this search

    Assistant Manager • Chennai, Tamil Nadu, India

    Related jobs
    MBA

    MBA

    ScaleneWorksKannur, Tamil Nadu, India
    Quick Apply
    Visiting assigned HCPs and Pharmacy Stores on a daily basis.Scanning the environment in a given territory to understand and establish channels (Customers) for increasing the access to GSK products....Show moreLast updated: 30+ days ago
    • Promoted
    Assistant Manager

    Assistant Manager

    Consolidated AnalyticsChennai, Tamil Nadu, India
    Assistant Manager - Underwriting, U S mortgage.As part of the responsibility, the AM- Underwriting Operations, is required to conceive, design, develop and roll out strategies that can result in th...Show moreLast updated: 20 days ago
    • Promoted
    • New!
    ▷ Only 24h Left! Assistant Manager

    ▷ Only 24h Left! Assistant Manager

    Novac Technology SolutionsChennai, Tamil Nadu, India
    Work mode- 5 Days (Work from Office).We are seeking an experienced TPRM Assistant Manger / Lead to lead our third-party risk management program in line with Indian financial sector regulations and gl...Show moreLast updated: 3 hours ago
    • Promoted
    Assistant Manager

    Assistant Manager

    Novac Technology SolutionsChennai, Tamil Nadu, India
    Work mode- 5 Days (Work from Office).We are seeking an experienced TPRM Assistant Manger / Lead to lead our third-party risk management program in line with Indian financial sector regulations and gl...Show moreLast updated: 11 days ago
    • Promoted
    Assistant Manager

    Assistant Manager

    PKF SRIDHAR & SANTHANAM LLPChennai, Tamil Nadu, India
    We are looking for Assistant Managers for our Risk Advisory Services Team in Chennai.Develop and implement an internal audit plan. Ensure that the internal audit function provides an independent ass...Show moreLast updated: 6 days ago
    • Promoted
    Lead Front End Engineer

    Lead Front End Engineer

    GlueX ProtocolChennai, IN
    Send your resume and Portfolio to.GlueX protocol is a modular framework designed to uniformly represent blockchains, intents, originators and liquidity providers for deploying high performance, uni...Show moreLast updated: 30+ days ago
    • Promoted
    • New!
    Assistant Manager [Only 24h Left]

    Assistant Manager [Only 24h Left]

    PKF SRIDHAR & SANTHANAM LLPChennai, Tamil Nadu, India
    We are looking for Assistant Managers for our Risk Advisory Services Team in Chennai.YOUR ROLE INCLUDES - Develop and implement an internal audit plan - Ensure that the internal audit function pro...Show moreLast updated: 3 hours ago
    • Promoted
    Area Manager, Fulfilment centre

    Area Manager, Fulfilment centre

    AmazonTiruvallur, Tamil Nadu, India
    This job is with Amazon, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.DESCRIPTION : At A...Show moreLast updated: 7 days ago
    • Promoted
    • New!
    ▷ [3 Days Left] Assistant Manager

    ▷ [3 Days Left] Assistant Manager

    PKF SRIDHAR & SANTHANAM LLPChennai, Tamil Nadu, India
    We are looking for Assistant Managers for our Risk Advisory Services Team in Chennai.Develop and implement an internal audit plan - Ensure that the internal audit function provides an independent a...Show moreLast updated: 3 hours ago
    CIEL / SEL / 28666 : ZF GROUP

    CIEL / SEL / 28666 : ZF GROUP

    CIEL HR ServicesChengalpattu, Tamil Nadu, India
    Quick Apply
    BE any trade : 17921 / - +At bon-1000.Free Transport, Food, uniform and shoe will be provided.Transport : MM Nagar, Chengalpattu.Show moreLast updated: 30+ days ago