Job Description

Job : Finance
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 29/Dec/2022, 9:37:47 AM
Unposting Date : Ongoing


The Role Responsibilities
The role is responsible for providing ideas, analytics and insights for the strategic and business performance decisions facing the CPBB Global Head of Personal and the CPBB Global Head of Business Banking, both direct reports to the CPBB CEO, in addition, the role provides the same support to the CCPL Global Head. Strategy

• Partnering closely with Segment/Product leadership teams (LT), including the Global Head of Personal Banking, Global Head of Business Banking and Global Head of CCPL to drive the profitability of segments and ensure appropriate product returns across all markets. This includes evaluate new strategic opportunities, channels and partnerships to acquire and service new clients profitably and at scale to significantly increase our participation in the retail mass market segment and deepen the business banking segment.

Business

• Guide the Global Heads of Personal and Business Banking Segments, and Global Head of CCPL and their respective LTs on the business financial performance of the Personal and Business Banking segments, highlighting areas of opportunity and early warnings of the challenges ahead.
• Review and challenge strategic options and actions to drive growth and/or profitability of the Personal and Business Banking segments as well as CCPL Products, evaluating the benefits of proposed investments while ensuring discipline on targeted returns.
• Review, evaluate and ensure the robustness of the Personal and Business Banking Segments, and CCPL Corporate Plan across all regions and countries, and track progress against our set strategic goals.
• Collaborate closely with the CPBB Performance and Cost Management team to develop and implement new client measurement analytics, including cost to acquire, cost to serve, and client lifetime value to provide expert guidance and actionable ideas in order to improve the profitability and accelerate the growth of the Personal segment.
• Conduct product deep dives with the global product leaders to formulate business strategies, identify opportunities to improve income and returns and ensure efficient deployment of resources and capital across all segments and countries.
• Develop and evaluate early stage digital partnership business cases, working with the head of partnerships and work closely with country leadership teams as potential opportunities move forward.
• Identify and drive cost and headcount management actions in response to digital initiatives.
• Advise the CPBB leadership Team and Personal and Business Banking team on execution / tracking of strategic projects across personal, business banking, digital and partnerships and the benefits thereof.
• Advise CPBB Leaders on the product impact of macroeconomic changes, and work closely with country leaders and CFOs on new dynamic product forecasting models.
• Work closely with the CFO of CPBB and Performance Management Head to develop the external Personal story and key investor messaging.

Processes

• Work in conjunction with the CPBB Performance Management Head to run the Corporate Planning Process to incorporate strategic actions and new ventures in order to set Personal Segment, Business Banking and Products targets across regions and countries and identify actions to optimize returns and EVA.
• Support and drive insight across all Personal, Business Banking and Digital business reviews, review all Personal and Business Banking outlooks across countries and regions, and participate in Personal, Business Banking, and Digital and Platforms investment forums.
• Establish and manage the processes for evaluating new potential partnerships and new standalone ventures, working closely with the CPBB partnership team.
• Coordinate with regional teams and performance management teams to perform bi-annually marginal product returns analysis.

People & Talent

• To lead, inspire and motive the CPBB Finance teams ensuring that each individual team member achieves their potential and that the team together delivers its collective agenda.
• Lead the drive for up-tiering and upskilling the CPBB Finance teams to develop high performing teams for the future inspire and engage people.
• Ensure the provision of ongoing training and development of people and ensure that holders of all crucial functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Review team structure, capacity and plans.
• Employ, engage and retain high quality people, with succession planning for critical roles.

Risk Management

• Coordinate regular review with Risk on Personal and CCPL portfolios to ensure appropriate risk-return pricing and capital deployment across all countries.
• Review Risk Weighted Asset (RWA) performance vis-\xc3\xa0-vis balance sheet growth and returns for the Personal and Business Banking segments across all countries.
• Responsible for identifying, assessing, monitoring, controlling and mitigating risks to the firm. Also, an awareness and understanding of the main risks facing the firm and the role the individual plays in managing them.
• Ability to interpret the firm\xe2\x80\x99s financial information, identify key issues based on this information and put in place appropriate controls and measures.

Governance

• Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations to the role.
• Represent the Finance function at key CPBB Business forums and committees and escalating any issues that may impact finance responsibilities.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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 CPBB Performance Management Team to achieve the outcomes set out in the Bank\xe2\x80\x99s 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.

Key stakeholders

• CPBB CEO
• CPBB CFO
• CPBB Global Personal Segment Head, Global CCPL Head and their respective LTs.
• CPBB Global Business Banking Head and their LT
• CPBB Regional Heads, Country CPBB Heads, Country CCPL leaders
• CPBB Finance LT, CPBB Country Finance heads and Country CFOs

Other Responsibilities

• Embed Here for Good and Group\xe2\x80\x99s brand and values in the CPBB Finance Team.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

• 15+ years of relevant experience in business financial planning and analysis at a senior level gained at a leading, global financial services firm, preferably banking.
• Demonstrated track record of business partnering who can influence and effectively challenge C-suite stakeholders.
• Strong understanding of the consumer banking and unsecured lending industry and associated business challenges as a senior finance or strategy leader of a senior management team.
• Proven problem solver using quantitative techniques, strong analytical skills with ability to develop proof of concept frameworks and business cases.
• Strong people leader with ability to lead and grow teams of international talent, with a proven ability to work across teams and influence a broad range of stakeholders.
• Academic degree from a well-recognized institution.

Role Specific Technical Competencies

• Performance Management
• Balance Sheet Management
• External Reporting
• Business Partnering
• Risk and Control
• Tax Management
• Regulatory and Compliance
• Market Knowledge

About Standard Chartered We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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