Overview
Job ID: 15924
Regular Employee
About SC Ventures
SC Ventures is Standard Chartered’s innovation, fintech investment and ventures arm. We were established to reinvent banking, as the significant technological disruptions to the industry was impacting its ability to serve clients and customers, in the ways they needed to be served.
We are a unique ecosystem of innovators, banking experts, business builders and partners who are focused on rewiring the DNA in banking and bringing breakthrough ideas to scale, together.
We are building ecosystems around four high conviction themes: Online Economy & Lifestyle, SMEs & World Trade, Digital Assets, and Sustainability & Inclusion.
We are a global team of “Members” (excluding individual ventures), including dedicated colleagues from the Group’s support functions, based in Singapore, Hong Kong, London, and the United Arab Emirates.
Job Summary
Qatalyst is a buyer-centric carbon due diligence platform that radically improves the way you identify, evaluate and monetize carbon offsets for scale and impact.
Key Responsibilities
Finance
- Lead the FP&A process and advise on long term business and financial planning.
- Contribute in formulating and evaluating business strategies/performance including planning, forecasting and budgeting, advanced analysis of financial data, product profitability and liquidity
- Support in future fundraising efforts and advise on the optimum funding model both tactically and structurally as the organisation grows.
Ops
- Ensure adherence to the risk management framework in identifying, controlling, monitoring and reporting the key risks
- Lead the development of new processes, procedures and systems as per business’s need.
- Set processes in place to deliver high standards of operations and control to deliver key priorities and initiatives, aligned to the Company’s business goals.
Business
- Support the CFO in the day-to-day management and running of the Finance and ops function.
- Establish an optimum funding model as the venture grows. Review cash positions daily. Prepare liquidity forecasts for the next 3-6 months. Set up banking facilities
- Be responsible for tax registration, compliance and reporting,
- Work with Product/Operations teams during new product launch and pricing
- Coordinate with SCV Finance for Financial Reporting and Accounting matters
- Ensure that appropriate financial and operational controls are in place
Risk Management
- You will take ownership of the design, implementation and maintenance of finance functions to ensure processes and reporting meet regulatory requirements.
- Ensure robust process controls in line with the operational risk framework. Lay emphasis on ensuring key control checks (KCSAs) are done on a timely and effective basis and also ensuring no audit fails occur.
- To escalate the unit’s operational risk issues and losses to appropriate levels
- Be the designated contact point from finance for any audit or risk items
Governance
- Follow a risk-based approach to decision making
- Use various metrics to identify potential risk for the Company and appropriately escalate them to risk stakeholders
- Ensure timely escalation to senior management of any exception noticed related to work and environment.
- Ensure legal and regulatory compliance
- Support internal and external audits and regulatory reviews and reporting requirements
Key Stakeholders
- CEO, CPO, Head of Technology,
- Board
- Internal and External Auditors
- SCB & SCV Finance
Skills and Experience
Our Ideal Candidate
- Awareness and understanding of the wider business, economic and market environment in which we operate, especially the wider current and upcoming regulatory and accounting requirements and their impact on the business.
- Experience in preparing and presenting financial and operational information to a board of directors
- Previous fundraising experience will be an advantage
- Knowledge of financial controls, revenue recognition and financing modelling
- Knowledge of financial governance and controls
- Experience negotiating complex corporate contracts
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
About Standard Chartered
We offer banking services that help people and companies to succeed, creating wealth and growth across our markets. Our heritage and values are expressed in our brand promise – Here for good.
With more than 86,000 employees and a presence in 60 markets, our network serves customers in close to 150 markets worldwide. We're listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.