Associate Manager Country Regulatory Reporting

Standard Chartered Bank Ltd
Bangalore, IN
Oct 21, 2019
Oct 22, 2019
Contract Type
Full Time
Level of qualification
CIMA, Newly qualified, Qualified
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good. We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base. JOB PURPOSE Associate Manager is responsible for Delivery of regulatory reports (both internal and external) , adhering to SLA, operating instructions and quality requirements. Provide insightful analysis on variances and provide commentaries on the underlying movements. Handle queries and provide any adhoc support as may be required Build review capabilities and domain expertise to be shared within team KEY RESPONSIBILITIES Ensure timely delivery of services relating to the Regulatory Reporting and all other internal and external reporting requirements as agreed with Country Finance Division (CFD). Ensure services are delivered within the SLA, working with a cohesive team to produce the Analysis and Reports in a timely and accurate manner. Key responsibilities include co-ordination of inputs, ensuring key control standards for all processes of the team, root cause identification in respect of quality issues as well as being the first level escalation point of issues/delays/erroneous inputs. Exercise right level of diligence, control and governance to comply with banks Data Quality and Reporting Standards including those that are prescribed for the Regulatory Reporting and ensure that the reports that are reviewed/ generated are in line with expectation and due diligence is adhered to and ensure consistency and promptness in service delivery. Comply, Monitor, Validate and Report all Key Performance Indicators within the overall service delivery framework. This includes identification, measurement, monitoring and control of all thresholds set as part of Governance Framework of the bank. Any breaches of the above framework are promptly highlighted to the line manager Responsible for the preparation and analytical review of Regulatory Reports / Returns as well as Adherence to various Rules and Regulations of the Regulators. Responsible for ensuring Ops risk monitoring across all processes covered by the team and reporting key risks emanating from them to right forums Responsible for Supporting Annual Regulatory Examination / Audits Responsible for the preparation of various MIS / Variance Analysis and work on the Ad hoc by gauging the requirements from stakeholders and help in GFS vide governance activities in respect of processes managed (e.g. compilation of Key Risk Indicators, Dashboard, Metrics etc) The ability to work to a high degree of accuracy under pressure is important as during the reporting periods the team is required to meet tight deadlines. Continuously innovate with focus to improve process - enhance efficiencies and add value; ensuring quality consciousness in all aspects of the team. Challenge processes in order to achieve more effective processes and efficiency saves to the Organization. Independent and Confident, able to work under pressure and handle multiple tasks. Work towards continuous improvement to identify and implement opportunities to decrease process turn-around time and improve productivity. Proactively identify areas of efficiency in processes to deliver productivity saves. Participate and give suggestions in the finance transformation programmers thereby enabling removal of manual workarounds. Participate in the monthly dashboard call with onshore teams and highlight issues/ concern. Managerial and Leadership skills Work towards establishing Subject Matter Expertise in Regulatory Reporting domain Support Knowledge Management initiatives through trainings to build domain capabilities required for the job Associate Managers should be hands-on to undertake activities/tasks on their own as the role demands while supporting and managing other members of the team Self motivated and able to work independently and to proactively seek guidance from others as needed. Strong team player and has the capacity to build good working relationships with cross functional / geographical teams. QUALIFICATIONS AND SKILLS Chartered Accountant (CA) / Cost Accountant (CWA) or its equivalent, MBA (Finance), MBA (Banking), or any Finance equivalent from an institute of Repute. 5 years work experience in Regulatory reporting / Financial Analysis, Reporting, Preparation of dashboards and metrics and relevant technical experience Analytical skills, understanding of banking products/processes and a understanding of fundamentals of regulatory reporting, Balance Sheet Management and accounting/finance. Exhibiting influential capabilities across departments in assimilating various inputs required for accurate and complete submission of dashboards and metrics including Biz Finance, Product Control, Valuation Control, Operations, Tax Team, Technology teams, Onshore Team and various other input providers Strong communication skills in liaising with relevant stakeholders. Good business acumen and understanding of products, departments, customers etc. Cross team collaboration and proactive engagement with relevant Departments and responsible parties Experience in monitoring of Month end/Quarter end processes with an ability to quickly understand the upstream and downstream impacts in the Reporting process Exhibiting training capabilities across functions for usage of various regulatory reporting Teams. KEY RELATIONSHIPS Head, Centre of Expertise, Liquidity Country Finance Regulatory Reporting team GBS Operations teams such as CRC, CB, GFS units, ALM, Business finance team in - country Technology partners KEY MEASURES Delivery of standard reports as per SLA commitments & otherwise Quality of analysis and commentaries of the underlying reports Line manager assessment and feedback Stakeholder feedback on quality of analysis & decision support Apply now to join the Bank for those with big career ambitions.