Manager, Business Finance

Job Summary

To manage all aspects of Financial Markets reporting, product controls, performance monitoring of Corporate & Investment Banking (CIB) and Transaction Banking (TB) portfolios along with related activities. Well versed with international accounting standards and regulations, as well as a track record in Reporting, planning and driving CIB finance agenda.

Key Responsibilities

• Support Business Finance head in the Country 5-year Strategic Plan and Forecasting processes (Corporate Plan). These activities include target setting, supporting operating plans and performance management for the CIB business including Transaction Banking.
• Provide timely & accurate financial information to enable strategic decision making.
• Collaborate with CIB and TB colleagues in providing quality management information and preparation of business plans and strategies.
• Supporting CIB Business to drive and manage performance.
• Analyse monthly CIB and TB business performance.
• Ensure timely & accurate delivery of monthly performance management reporting for revenue, loan impairment and balance sheet for CIB and TB businesses.
• Provide in depth analysis of product profitability within the country.
• Support Regional Business Finance teams in respect to CIB Products performance management.
• Support Group Special Asset Management (GSAM) in respect of timely booking of loan impairments as well as monitoring interest in suspense for downgraded clients.
• Perform timely Group, Financial reporting while ensuring that reallocations are accurately recorded.
• Analyse performance against budget, highlight variances and provide insightful commentaries.
• Monitor financial and non-financial performance measures e.g. product profitability, deals in pipeline etc.
• Track performance of all new initiatives against the set targets and appraise the senior management.
• Coordinate with various finance teams within the Group for booking of PNL & Balance sheet adjustments on monthly basis.
• Support Country Finance in preparation of Statutory financials and Board presentation for CIB.
• Circulate monthly accrued interest income (AIR) vs interest in suspense (IIS) reconciliation to GSAM to monitor excess IIS against downgraded clients.
• Assist Head Business Finance CIB in designing information systems for various initiatives along with presentation for senior management.
• Financial Markets Generic Product Programs while implementing Group accounting guidelines at Country level and adapting it to additional in-country requirements.
• Perform monthly balance substantiation for specified accounts.
• Responsible for booking and settlement of Financial Allocations with Group affiliates as part of Group Transfer Pricing guidelines.
• Tracking Intra Group guarantees (IGG) issued to CIB clients and ensuring that the overall Country Guarantee Limit for Pakistan is not breached.
• Perform cross functional quarterly control testing on returns submitted by Balance Sheet Management Unit, Regulatory Reporting unit and Islamic Banking unit to the Regulator.
• Responsible for identifying, assessing, monitoring, controlling and mitigating risks applicable to CIB business.
• To ensure compliance with Operational Risk Policy & Procedures and that exceptions are raised & addressed timely.
• Effective management of operational risk within the function by ensuring the proper functioning of embedded periodic controls through Control sample testing (CST) and Key risk indicators (KRI)
• Act as secondary line of defence by identifying key risk areas through risk assessment of critical business process and assist management in implementing controls to address those risks
• Ensure compliance with Group / International Financial Reporting Standards (IFRS) accounting principles and practices, Financial Control policy, and other regulatory accounting guidelines.
• Responsible for assessing effectiveness, maintaining oversight and controls in business finance.
• Awareness and understanding of the regulatory framework in which the businesses operate.
  
  

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.