Specialist, GFS, Country Regulatory Reporting

Job Description

* Role Responsibilities Department Overview BSM (CoE) is a 300+ strong team under Global Finance Operations and Transformation, focussing on SCB wide Balance Sheet Information Management, Reporting, and Decision Support / Analytics. Country Regulatory Reporting (CRR) is part of the Liquidity CoE and the function involves preparation, as well as providing business support to complex daily, monthly, quarterly & annual returns to the onshore team for their submission to local regulators. Monitoring of key ratios and various ad-hoc queries / requirements of the local regulator is also an important part of this team s delivery. Country regulatory reporting processes are governed by regulatory reporting policies of Standard Chartered as well as the respective country regulatory bodies. Domain rich teams work in a collaborative environment to provide country wide reports and analysis cutting across several dimensions for both internal as well as external regulatory reporting. The function also partners with country and global project teams to support global projects for end-to-end data infrastructure and automation to cater the country regulatory reporting requirements. CRR team interacts with several stakeholders on a day-to-day basis within the bank that include Business, Finance, ALM, Credit risk, various other operations team and Technology.Specialist is responsible for
• Specialist is responsible for the delivery of regulatory reports (both internal and external) , adhering to SLA, operating instructions and quality requirements.
• Provide insightful analysis on variances and provide commentaries on the underlying movements.
• Handle queries and provide any ad-hoc support as may be required.
Key Responsibilities
• Ensure timely delivery of services relating to the Regulatory Reporting and all other internal and external reporting requirements as agreed with Country Finance Division (CFD).
• Ensure services are delivered within the SLA, working with a cohesive team to produce the Analysis and Reports in a timely and accurate manner. Any breach in SLA s is immediately escalated to the Line Manager with due reasons as applicable.
• Exercise right level of diligence, control and governance to comply with bank s Data Quality and Reporting Standards including those that are prescribed for the Regulatory Reporting and ensure that the reports that are reviewed/ generated are in line with expectation and due diligence is adhered to and ensure consistency and promptness in service delivery.
• Comply, Monitor, Validate and Report all Key Performance Indicators within the overall service delivery framework. This includes identification, measurement, monitoring and control of all thresholds set as part of Governance Framework of the bank. Any breaches of the above framework are promptly highlighted to the line manager.
• Responsible for the preparation and analytical review of Regulatory Reports / Returns as well as Adherence to various Rules and Regulations of the Regulators.
• Responsible for Supporting Annual Regulatory Examination / Audits.
• Responsible for the preparation of various MIS / Variance Analysis and work on the Ad hoc by gauging the requirements from stakeholders and help in GFS vide governance activities. (e.g., compilation of Key Risk Indicators, Dashboard, Metrics etc).
• The ability to work to a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines.
• Continuously innovate with focus to improve process - enhance efficiencies and add value, ensuring quality consciousness in all aspects of the team.
• Challenge processes to achieve more effective processes and efficiency saves to the Organization.
• Independent and Confident, able to work under pressure and handle multiple tasks.
• Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity.
• Work with different stakeholders to continuously improve process controls and efficiency of delivery of services.
• Update DOI s and cross train other team members so that the service provided is seamless.
• Strong team player and has the capacity to build good working relationships with cross functional / geographical teams.
• Positive outlook and a desire to stretch themselves to achieve both personal and functional success.
Key Measures
• Delivery of standard reports as per SLA commitments & otherwise.
• Quality of analysis and commentaries of the underlying reports.
• Line manager assessment and feedback.
• Stakeholder feedback on quality of analysis & decision support.
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.
• Lead the CRR team to achieve the outcomes set out in the Bank s 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.
Our Ideal Candidate
• CA/CWA or its equivalent, MBA (Finance), MBA (Banking), or having relevant work experience in regulatory reporting would be preferred.
• Strong/Excellent verbal and written communication skills, able to clearly articulate complicated issues to management and other impacted areas and ensure timely resolution of breaks and issues.
• Work experience in Regulatory reporting / Financial Analysis, Financial Reporting, Preparation of dashboards and metrics and relevant technical experience
• Understanding of banking products/processes and a understanding of fundamentals of regulatory reporting, Balance Sheet Management and accounting/finance.
• Familiarity with the SCB Technology infrastructure (knowledge of TPs, products, data flow, PSGL, other finance interfaces) would be beneficial for internal candidates.
• Must have excellent attention to detail and work within tight deadlines ensuring a complete and accurate flow of informations.
• Be number savvy and have the appetite in handling and processing mass volume of data.
• Strong analytical skills required to perform complex analysis on the financial numbers and process flow to identify the root cause.
• Proficient working knowledge in PeopleSoft Ledger.
• Strongly analytical and logical mindset with proficiency in Microsoft Excel and other query tools (Microsoft Office Access).
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Keyskills :
keeping things simplekey performance indicatorsdata flowcredit riskprocess flow