CA, MBA vacancy in Standard Chartered

The standard chartered invited applications for the post Associate Manager - Country Regulatory Reporting

Job Summary

Strategy

• Ensuring alignment with country stakeholders on the development and execution of country specific strategic goals regarding Country Financial Regulatory Reporting (FRR). • Identifying and implementing best practices to enhance reporting efficiency and accuracy.

Business

• Understanding and articulating country specific regulatory requirements, FRR metrics computation and methodologies, and regulatory parameters and key drivers. • Understanding banking products and country specific business context and correlating these to local regulatory reporting. • Translating relevant local financial regulatory requirements into business and functional requirements and driving the discussion with country stakeholders across Finance, Treasury, Risk, Data, IT and the Business for ongoing compliance in local regulatory reporting. • Maintaining effective communication with stakeholders to understand their requirements and queries and provide necessary execution and consultation support.

Processes

• Ensuring accurate and timely submission of all required local regulatory returns to relevant senior stakeholders and/or regulatory authorities ( like RBI for India, MAS for Singapore and so on) , where appropriate. • Provide day-to-day delivery management to the team • Ensuring all queries for submitted reports are addressed within timelines including any ad hoc requirements in respect to processes managed. • Ensuring the operational efficiency, accuracy and completeness of the reports are monitored with appropriate KPIs. • Establishing robust governance and controls for the reporting process including the requirements to manage report quality and operational control. This includes expected data quality monitoring required in the reporting standards for regulatory reporting.

• Continuously striving for process optimization to enhance production efficiency and reduce errors. • Leveraging technology and automation tools to streamline reporting processes. • Supporting the transition of changes into BAU effectively that is aligned with the Bank’s regulatory and technology objectives.

People & Talent

• Train & manage an engaged a team of high performing individuals. Manage service delivery at the time of attritions with the supervision of team Head. • Motivate team to deliver a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines • Building relationships to improve collaboration across country and GFS functions to resolve issues and implement changes for local regulatory reporting.

Risk Management

• Monitoring and ensuring that appropriate BAU and Change governance and controls are followed across all production and transformation activities. • Overseeing the maintenance of comprehensive documentation of reporting processes, standards and controls. • Coordinating with internal and external auditors to facilitate audits and reviews. • Identifying, monitoring and escalating as and when required key issues in the regulatory reporting process leading to material errors in regulatory returns.

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.

Leadership Qualities & Characteristics

• Upholding high ethical standards and ensuring all reporting activities are conducted with integrity and transparency. • Promoting a culture of diversity and inclusivity, compliance and ethical behaviour within the team. • Inspiring proactive and innovative behaviours in the team to continuously improve performance and strive for excellence.

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.

Key stakeholders

• GPO/GPM, Capital & Liquidity & FRR • Country Regulatory Reporting – CFO, Financial Controller and Country Leads • Credit and Market Risk functions – Functional Heads and Leads • Technology and PSS – Head and Leads across PSS and Technology • Change Management - Head and Leads across Financial Regulatory Reporting Change

Skills and Experience

Technical

• Understanding of the bank’s products and services with specialisation in at least one of FM, CIB, or Treasury products • Local Financial Regulatory reporting experience • Financial Reporting skillsets. IFRS accounting & experience • Fundamental understanding of Financial Statements & Balance Sheet Management • Robust understanding of the Regulatory Framework & Taxonomy associated with Financial Regulatory Reporting • Conceptual knowhow of Balance Sheet Management metrics and its calculation methods – Liquidity, IRRBB, Capital may be beneficial.

Soft Skills

• Very good written and verbal communication skills • Ability to engage with senior stakeholders. • Excellent Interpersonal Communication • Strong Business Writing skills

Technology orientation (what will give the candidate an edge)

• Knowledge of Python • SQL Platforms • Knowhow in deploying AI and ML solutions to mechanise processes and achieve scale.

Qualifications

• Chartered Accountant (CA) / Cost Accountant (CWA) or its equivalent, MBA (Finance), MBA (Banking), or any Finance equivalent from an institute of Repute. • Minimum of 6 years preferably in Financial Regulatory Reporting, Financial Reporting ( based on IFRS ) • Strong knowledge of Financial Regulatory Reporting interpretation, IFRS regulations, Banking products & accounting, Product Control; Proficient in analytics to drive deep understanding of Financial statements of Banks ; Collaboration mindset; able to deliver solutions to improve BAU.

JOB LOCATION: Chennai For more details and to apply, clickhere