The Role Responsibilities
- To ensure that all risks related to processes under the Finance Process Universe are effectively controlled with a specific focus on monitoring of controls within the regulatory reporting production process. This role covers activities in Americas.
Operational Risk Management
- Leading role in enforcing the compliance with financial control policies, standards, and internal control procedures in Americas' entities.
- Key role in driving the General Ledger accounts assurance process bank-wide ensuring completeness, timeliness of substantiations at the right quality and ensure all material risks are identified, assessed, mitigated, owned, monitored, and promptly escalated.
Regulatory Reporting and Risk Management
- Key partner in managing operational risk in Americas Finance, including support for the local risk framework owners in both business and support functions.
- Ensure key control standards, key control indicators, control sample tests and key control self-assessments are properly embedded across Americas.
- Monitor new developments and change initiatives for potential risk affecting Americas Finance, identify areas for control improvement and implement changes necessary to strengthen the control environment.
- Provide expert knowledge on data requirements for US Finance regulatory reporting
- Support the execution of the Quality Assurance ("QA") program (Execute planning, testing, reporting and wrap-up activities)
- Support enhancements to the US Finance regulatory reporting infrastructure, especially with respect to reduction of manual processing, issues management, and target platform strategy and analysis.
Regulatory and Business Conduct
- One of the key Finance representatives in new business initiatives.
- 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 [country / business unit / function/ team] to achieve the outcomes set out in the Bank's 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.
- CFO Americas
- Business Heads, including C-suite executives, in Americas
- Americas Finance Management Team
- Americas Finance Regulatory Team
- Local and Group Finance Operational Risk teams
Our Ideal Candidate
- Embed Here for good and Group's brand and values in Finance Data and Infrastructure Team.
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures, Multiple functions (double hats).
- Develop strong working relationships with Finance team members and other stakeholders to ensure program objectives are met and that any issues are identified and resolved.
Role Specific Competencies
- BS or equivalent in Accounting or Finance
- Accounting certification preferred
- Product control or regulatory reporting working experience is a plus but not mandatory
- 5 plus years banking experience
- Knowledge of regulatory reporting quality assurance process / operational risk management / financial controls
- Understanding of banking products, especially cash, trade, lending and financial markets
- Eagerness to embrace / champion new ideas, approaches and change
- Ability to partner with stakeholders and influence them to achieve objectives
- Ability to demonstrate the Bank's valued behaviors in achieving objectives
About Standard Chartered
- Manage Change
- Regulatory and Compliance
- Data Gathering & Reporting
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 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.
Expected annual base pay range for the role is 93,280 USD to 151,580 USD. The final offer will be determined on an individualised basis using a number of variables, including but not limited to skill set, depth of experience and education, internal relativity, and specific work location. At Standard Chartered Bank, Base pay is only part of the total compensation package. Discretionary variable pay and a range of attractive bank sponsored benefit programs are available and designed to foster employee overall health and well-being including, but not limited to, a best in class 401k plan with up to 8% employer match, robust medical plan coverage with employer funded Health Savings Accounts, inclusive family building benefits, and flexible/hybrid working arrangements for many of our positions subject to role specific considerations.
Visit our careers website www.sc.com/careers