Head, CIB Business Finance

Job Summary

This is an ASEAN Cluster / Singapore Business finance partner role with the Corporate and Investment Banking (CIB) segment, providing financial analysis on CIB performance to senior management for the formulation and review of CIB business plans and strategies. This includes analysis of CIB cluster and country performance (financial, origination and franchise views), review and highlight risks and opportunities, as well as drive actions to ensure committed financial outcome. The role involves working with multiple stakeholders across different businesses, functions and geographies. 

RESPONSIBILITIES

Strategy
•    Partner with SG and ASEAN CIB business to help drive the business strategy, optimise returns and deliver commercial outcomes

Business
•    Provide performance analytics and actionable insights to enable the business to make informed strategic and financial decisions. This includes forecasting of financial performance, returns, balance sheet and margins analysis
•    Review CIB income movement to ensure accuracy in the financials (including transfer pricing) and provide commentaries to management on material movements; Work with various finance teams to ensure month end numbers are accurately reported and any anomalies are investigated and resolved timely
•    Manage the monthly outlook process and annual budget to support strategic aspirations of CIB business and align with Group plans

Processes
•    To be the finance business partner to the CIB business, providing support on all finance related matters
•    Work with FRM and SG ALCO on management of SG balance sheet, capital and liquidity for strategic planning, as well as RWA forecast
•    Manage all regular and ad-hoc requests/ deliverables from stakeholders (e.g. Group Finance, MBR, CMT, CRAFT/MAS, ICAAP/IWST, EY Audit, Audit Committee, Board).
•    Review any methodology changes and assess impact on the CIB financials, to ensure accurate reporting is used for business decision making

People & Talent 
•    Work closely with India team on the monthly reporting process to ensure accurate and timely delivery of reports to support business discussions, as well as ad-hoc reporting requests for business presentations, strategy discussions, etc.

Risk Management
•    Participate and contribute in risk discussions as required to facilitate better external and internal communication of SG WRB’s risk matters impacting financial performance. 

Governance 
•    Awareness and understanding of the regulatory framework in which SG operates and the regulatory requirements and expectations to the role
•    Ensure compliance with Group/ IFRS accounting principles and practices, Financial Control Policy and other regulatory accounting guidelines; Ensure timely and accurate submission of financial returns to internal and external authorities and stakeholders.

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 SG / ASEAN cluster CIB business finance team] to achieve the outcomes set out in the Bank’s Conduct Principles 
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

•    CIB Business Segment and Product Heads
•    CFO, Singapore
•    Group and Cluster Finance Teams
•    Country Finance (SG, ASEAN and India)
•    Product Control
•    External Auditors

Our Ideal Candidate

•    15+ years relevant experience in finance at a leading global financial services firm, preferably banking
•    Qualified Accountant i.e., CPA, CMA, ACCA or equivalent, or MBA (Finance) or other relevant qualification is preferred
•    Experienced in corporate and investment banking products (such as transaction banking, lending/ financing and financial markets)
•    Good knowledge on international accounting standard requirements, booking model and accounting treatments for banking products

Role Specific Technical Competencies

• Business partnering and influencing 
• Performance Management
• Business and Product Knowledge (CIB)
• Balance Sheet Management
• External reporting
• Risk and Control

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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you’ve 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