Vice President Group Other Banking COE

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.

Job Summary

his role will be responsible for analytics and process outcomes supporting the Cost performance management focussing specifically on Other Banking (OB). This encompasses descriptive analytics on cost performance, predictive analysis on Outlook and Corporate plan submissions. The individual will work closely with the Country FP&A teams across the Group.

Key Responsibilities

Strategy

Awareness and understanding of the Group's business strategy and model appropriate to the role

Business

Awareness and understanding of the wider business, economic and market environment in which the Group operate

Cost Performance Management / Reporting :

Manage process and outcomes for OB Outlook and Actuals reporting.

Build the narrative on OB cost performance at Group level and individual Clusters for presentation to senior management.

Support Group FP&A Cost team in building a robust Outlook and Plan view, along with central overlays.

Support the digitisation and simplification of our reporting process.

Provide central cost overlays in the monthly flash and submit it to Group FP&A central team along with the comments.

Track the FY outlook by Cluster to understand the group position and changes from previous submission.

Perform the actual and flash analysis for Group Cost FP&A team.

Coordinate with Country FP&A teams on understanding material cost movements that impact the group shape.

Understand the headcount movements in alignment with the overall cost narrative.

Embed Global standard constant currency views across all our reporting.

Corporate Plan & Outlook :

Own and support the process elements of Cost Planning - building the OB budgets through multiple cycles i.e. Target Setting, CP, BR1 and BR2.

Own end to end OB outcomes within the Corporate Plan process (Inflation, transfers, restatements etc).

Coordinate with all Countries to understand the key business momentums within the plan.

Monitor, review and control the country submissions and ensure its in line with set principles.

Understand movements and manage reconciliations for cost and headcount transfers.

Update the cost messaging in the cost deck basis discussion with Countries.

Connect the dots between budget and actual reporting to have consistent messaging.

Understand the movement across key P&L Lines along with the key business rationale

Skills and Competencies

Others :

Supporting ongoing and dynamic ad-hoc analytics requirements from senior management.

Completely owning all individual deliverables end to end, working closely with onshore Finance stakeholders.

Understanding the systems and processes end to end.

Quick understanding of the ad hoc requests with ensuring quality and TAT of the output.

Understanding all the P&L lines and systems and be able to design and create various MI which can be shared with Businesses / Functions for taking important decisions.

Stakeholder communication and coordination.

Other Responsibilities

Embed Here for good and Group's brand and values in Country FP&A team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Qualifications

MBA, CA, CFA, ACCA with a minimum of 10 years of experience (post qualification) in a financial service industry

Strategic mindset with a good understanding of FP&A activities

Strong analytical skills and ability to make decisions

Experience in cost planning and analytics, variance analysis and understanding of cost drivers

Effective communication skills, including presenting and influencing senior management

Excellent written and oral communication skills

Relationship and stakeholder engagement skills

Initiative and proactive thinking

Excellent Excel & PowerPoint skills

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.