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VP Planning Strategy and Coordination

5.00 to 15.00 Years   Mumbai City   15 Dec, 2021
Job LocationMumbai City
EducationNot Mentioned
SalaryNot Disclosed
IndustryBanking / Financial Services
Functional AreaSBU Head / CEO / Director
EmploymentTypeFull-time

Job Description

The Role ResponsibilitiesJob PurposeThe individual will be a key member of Group Planning and Stress Test Planning and Coordination team and will play a lead role in developing and executing the Group s overall strategic approach to planning. It will also own the overall coordination and communication agenda for Group planning events such as 5 Year Corporate Plan & Budget. Recent developments have meant that the role will be at the front end of driving some exciting elements contributing towards the FP&A and GCFO strategic change agenda-

  • Stress Test / Corporate Plan Integration Will be at the forefront of this integration and will have exposure to both Planning and Stress Testing
  • F Enhancement Will build key outcome and process changes into our existing processes
  • Service Now (Workflow Tool) New innovation and will enable us to increase the focus on metricized activities
This is a very challenging role with a lot of scope for making a difference for the organization. Delivering governance and Driving process to time
  • Develop strategies and initiatives to help deliver significant efficiency and effectiveness gains across Group Finance and the broader organisation
  • Own the development and agreement of the planning objectives, approach and timeline of Group Planning events (including 5 Year Corporate Plan, Budget and Forecasts) with senior management
  • Establish critical path for planning events with strong emphasis on delivery commitments
  • Co-ordinate and drive system engagement & manage milestones
  • Expert in preparing and presenting ppts articulating critical timelines, strategy, approach and other Planning deliveries/ roadmaps
  • Drive communication to Senior stakeholders and Planning practitioners (including management of Planning Forum Bridge site)
  • Drive Governance around Planning activities
Challenging Status Quo of existing Process, Driving efficiency and Process Optimisation
  • Drive alignment of Process between historic Planning process and Stress Test Process ensuring best practise is established going forwards
  • Integrate Proposed implementation of Workflow Tool (Service Now) across Planning function and integration with users across the organisation
  • Drive independent and collective research into planning best practices and how these may be practically adopted within Standard Chartered bank
  • Provide thought leadership on process reengineering and change initiatives
  • Leverage process / domain expertise to identify opportunities for quality & process design improvement / reengineering while upholding the values of the Group and Company at all times.
  • Continuous focus on Big Picture and enable the decision support in line with finance strategy
  • Excellent project management skills with strong understanding of process dependencies, timelines and cascading impacts
  • Support and drive the change agenda from process and systems perspective
  • Continually reviewing all assigned processes in order to identify opportunities for quality & process design improvement
  • Contribute to transformational agenda in terms of strategic, consensus building, driving and contributing to objectives. Participate and Support in all Global initiatives as applicable from time to time.
  • Effectively lead change, manage and escalate risks arising out of transition of new processes
Risk Management
  • Liaise with customers on the periodic review and re-negotiation of Service Level Agreements and any other related performance and quality measures.
  • Ensure Ops risk monitoring across all processes covered by the team and report key risks emanating from them to right forums.
  • Ensure complete compliance with Group Code of Conduct and Social agenda of the organization.
  • Develop key people management and stakeholder management skills to move into People Manager / SME roles.
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.
Our Ideal Candidate
  • Chartered Accountant or MBA with 12- 15 years of relevant finance experience in Planning activities.
  • Significant subject matter understanding & experience of planning, performance analysis & corporate strategy within large multinational companies in the financial services sector.
  • Significant experience of working with senior management team and of interfacing with and influencing senior stakeholders.
  • Service Now and/or Stress testing systems experience will be added advantage
  • Working knowledge of Planning and / or Stress testing will be a distinct advantage
  • Experience in operating within large virtual teams and relationships across a complex network of stakeholders including senior management
  • High standard of written English, with the ability to review, summarise and communicate materials accurately and succinctly.
  • Attention to details, able to work under pressure and meet tight deadlines while delivering quality output to senior management
  • Team player - a challenge mindset and strong influencing skills, balanced with the need for a naturally pragmatic manner - not afraid to roil sleeves up when a hands-on approach is required
  • Handles ambiguity and possess the ability to conceptualise and articulate frameworks.
  • Appreciation for data visualisation and design best practices.
  • Excellent Ms PowerPoint and Ms Excel skills and Trello as process management tool
KEY COMPETENCIES & EXPERIENCECompetencies Key/Critical
  • Effective, confident, and persuasive Communicator Verbally, written and with powerpoint
  • Ability to work in a matrix environment and to be able to respond positively and
  • Strong Analytical and Strategic mindset coupled with a thorough understanding of Planning processes in Banking Industry.
  • Ability to effectively connect and communicate with all levels of the organisation (from senior Finance leadership to process practitioners and to adapt communication style appropriately)
  • A mindset of change and continuous Process Optimisation
  • Ability to quickly understand and connect with Operations team to drive the design and build structured processes
  • Able to quickly establish credibility when representing the Group, presenting a positive, persuasive, and professional presence and have an excellent communication, analytical and decision-making skills.
  • Ability to culturally orient in diverse & international team environment and lead and inspire multi-disciplinary teams.
  • Ability to work effectively under pressure, multi-task, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situations
  • Able to work in a matrix organisation and being able to manage several leaders (and occasionally ambiguous situations)
Competencies - Preferred
  • Broader understanding of P&L and Balance sheet (preferable from Banking)
  • Substantial experience of banking, depth and breadth of knowledge in processes especially in the areas of Management accounting and related processes
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Keyskills :
code of conductfront endstress testlead changebalance sheettest planningservice levelvirtual teamsprocess designstress testingshared servicesrisk monitoringdecision support

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