Opening position for Assoc Vice President, Product Control GBS

Job Description

*Role Responsibilities Strategy
• Managing PCVC controls.
Business
• CCIB and Treasury Businesses.
Processes
• Manage a team covering various product categories and regions. (Asset classes: Equities, Fixed Income, Commodities, Treasury, etc).
• Ensure appropriate controls and reviews are maintained for Daily P&L production, Core reconciliations, Month end close and BCS.
• Ensure the teams are performing timely lockdown of daily and monthly P&L.
• Should be able to substantiate daily and monthly adjustments held in P&L and control accounts.
• Review monthly balance sheet, with substantiation and potential financial exposure.
• Review various reconciliation reports, management packs and adhoc reports.
• Review of month end Journals for accrual, provision and true up.
• Take responsibility for the quality of work submitted and ensure that the highest standards are maintained.
• Ensure adherence to SLAs, KPIs , Internal metrics & FMG wide policies.
• Identify / manage risk and control breakdowns.
• Develop & Maintain effective and standard processes. Maintain KOPs / DIs.
• Support change project initiatives and conduct User Acceptance Testing for enhancements to current systems or migration to new system.
People and Talent
• Develop a pipeline of talent under himself/ herself
Risk Management
• Coordinating, driving and directing effective compliance by embedding an effective Risk Management Framework (RMF) & Process Universe within PC-VC to ensure all areas manage operational risks in a proactive, risk based and disciplined manner.
• Ensure proper functioning of day-to-day controls, by performing periodic assessment and monitoring activities (CST & KCI) as well as timely identification, escalation and resolution of risk issues.
• Ensure compliant with Operational Risk policies, procedures, and applicable regulations within PCVC and advice wherever required to PCVC.
• To provide a focal point of control over the aggregate level of operational risk in the functions that arises from end to end processes, including the design of effective controls and the systematic monitoring of process control effectiveness.
• To exercise direct Risk Control Ownership / Process owner for Operational Risk and ensure risks of processing failure are being actively controlled on an end-to-end basis.
Governance and Stakeholder Management
• Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS.
• Act as a point of reference for team members and internal clients.
• Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution.
• Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams.
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 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.
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association.
Key Stakeholders Internal
• Head of Respective Asset Class Product Control
• Head of FM Product Control
• Chief Financial Officer, FM
• Chief Financial Officer, Europe
• Business and Country Finance Managers
• ALM/GT Front Office
• Group Internal Auditors
• Group Technology and Operations
External
• KPMG (audit & advisory)
Our Ideal Candidate
• MBA, CA, CFA, ACCA with a minimum of 8+ years experience (post qualification) in a financial service industry with at least 2+ years of People Management experience.
• Strong leadership skills and ability to manage teams.
• Control mindset and ability to identify and mitigate and control gaps.
• Good understanding of financial market products.
• Ability to develop, implement and maintain effective and standard operational processes.
• Excellent people and resource management skills.
• Excellent Interpersonal skills. Should be able to communicate at all levels.
• Strong planning, negotiation and analytical skills.
• Excellent business writing and verbal English communication skills.
• Ready to travel & work in shifts.
About Standard Chartered Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve 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 youre 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 cant 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, youll 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 youve 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.Visit our careers website www.sc.com/careers ,

Keyskills :
salesmarketingmanagementbusiness development