VP - Central FP&A T&O and Functions

  Job Title: VP - Central FP&A T&O and Functions

Job Summary

•    It is primarily used when advertising the role internally and externally during hiring]
•    Technology, Operations & Functions organisation within SCB spans >60k people and c.$5bn USD cost base. This organization is supported by the CFO organisation. This role provides support to CFO & their direct teams with reporting and analytical capability around the $5bn cost base, including responsibility for the oversight in the delivery of planning and performance management processes. This role is also expected to be the point of contact to extensively collaborate with cross functional teams of finance like Group FP&A, Group Planning, Group Digital, Accounting etc on a day to day basis.
•    The role is global in nature and based out of India (Bangalore or Chennai).

Key Responsibilities

Functional Discipline and CFO / FP&A Partnership
•    Own end-to-end process outcomes, enabling robust decision making and delivery of costs and productivity targets
•    Own finance delivery for overall analytics and insights covering the organisation cost and productivity 
•    Partner to CFO and their direct teams 
•    Drive clear, simple and transparent reporting of cost performance for the GPR’s, Board presentations, Management reviews and other ad-hoc analytics with direct partnering to CFO and their teams
•    Provide insight on risks and opportunities across the portfolio by working with the relevant teams.  
•    Ownership of the end-to-end guidance and execution of finance planning cycles for the portfolio
•    Own the delivery of Monthly financial report and continuously enhance the quality of insights which inform MT and CFO decisions on resource allocations and cost performance
•    Drive cost performance through greater engagement, transparency and collaboration with Segments, Function, & cross functional finance counterparts
•    Lead finance activities relating to business realignment and restructures including change management and restatement of financial and management reporting, corporate plans, scorecards, reporting structures
•    Influence and support the finance Change agenda by spearheading key initiatives to drive a “Best-in-Class” finance function with a specific focus on reports simplification, centralization and standardization. Drive MI vision and roadmap. Improve timeliness and consistency of MIs, drive commercial analytics, and develop forward looking MIs supported by established, efficient and effective processes. 
•    Partner with CFO and their teams on strategic MI requirements as well as day to day adhocs related to financials.
Change & Optimization  
•    Drive standardisation, digitisation and optimisation of incurred and recharge cost reporting, outlook and plan processes 
•    Support, participate and contribute actively finance change programs like Cost and Workforce reporting, Strategic FXN solution and more to ensure alignment of interest and outcomes for finance 
•    Develop an effective organisation structure which delivers the right balance between process expertise and specialist CFO partnering capability

People & Talent
•    Lead by example, develop and embed a high-performance culture with specific focus on capability, effectiveness, and productivity.
•    Support the development of talent to ensure a high-quality succession pipeline at all levels and ongoing development activities that focus on the identified talent within the team.
•    Foster a culture of collaboration and a mindset of change and growth
Risk Management
•    Ability to interpret the firm’s financial information, identify key issues based on this information and put in place appropriate controls and measures.
•    Ensure compliance with Group Accounting Principles and practices, Financial Control policy, and other regulatory accounting guidelines.
Governance
•    Have an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
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.
•    Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.

Key stakeholders and partners
•    CFO, Technology, Operations & Functions
•    Head, Central FP&A, Technology, Operations & Functions
•    Direct teams of CFO 
•    Group FP&A Cost
•    Group Planning
•    Group Digital
•    Segment, Functions Cost FP&A Heads
Other Responsibilities
•    Embed Here for good and Group’s brand and values in all conduct & actions

Skills and Experience

•    Planning: Tactical, Strategic
•    Financial Analysis
•    Financial Forecasting and Modelling
•    Effective Communications
•    Process Improvement

Qualifications

•    Professionally Qualified (CA’s, CIMA’s CPA’s) or master’s degree in finance with extensive experience in leading FP&A at a senior level in banking or financial services industry
•    Proven track record of business partnering for large and complex organisation of large (> 2 Bn USD) cost base 
•    Strong and effective leadership communication skills with a proven ability to influence & challenge the senior stakeholders effectively
•    Proactive approach to recognising stakeholder needs, solving problems, anticipating issues, and developing solutions, excellent business judgment and strategic thinking.
•    Able to work in a high-pressure environment and ability to manage multiple deliverables in a timely and effective manner
•    Strong networking and interpersonal skills, forming positive working relationship in in a geographically and culturally dispersed environment
•    Exceptional verbal and written communication and presentation skills i.e., PowerPoint, Excel

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.