FP&A Basel 3.1 Manager

JOB SUMMARY

• The Group Financial Planning & Analytics team is collaborating with Risk, Treasury and Business stakeholders to transform the way we forecast, plan, and allocate financial resources and we are building a team to drive and deliver this change work. Basel 3.1 is a major regulatory change that requires us to become more sophisticated in how we manage our balance sheet to optimise for RoTE.
• We aim to build out a range of new capabilities, including automated forecasting, modelling and sensitivity analysis, seamless data sourcing and advanced analytics. We are looking for candidates with a background in finance, treasury, risk or related functions with a passion for transforming processes and solving business problems.
• The role suits an individual able to conceptualise, problem solve and think laterally to manage dynamic and unique issues. The individual should have a strong understanding of balance sheet management, banking products, accounting methods and external disclosures and should be fluent in reading bank financial statements. Creativity and the ability to communicate clearly are essential skills for the role.

RESPONSIBILITIES

• A support role within Group FP&A focused on transforming the process for Risk-Weighted Assets (RWA) forecasting, planning and stress testing and providing actionable insights on business performance.
• Support Basel 3.1 change delivery for Group Capital forecasting CoE team, working closely with BAU delivery and stress testing teams. Scope includes preparation of a work plan to transition current analyses and reports into new regulations, tracking and ensure completion before 1 July 2025.
• Support the development of output floor allocation methodology for BAU Capital forecasting, corporate planning, and stress testing.
• Assist Capital forecast & corporate planning process and related MI requirement changes.
• Aid changes to performance management with actional insights into drivers of RWA, including risks and opportunities to budget. Support Board and MT updates on Planning as appropriate.
• Work closely with London, Chennai, Bangalore, Poland and Singapore based Capital forecasting CoE colleagues to coordinate RWA deliverables, ad hoc requests and communication.
• RWA analyses to support regular Board reports, Group Management Team updates, Group Performance Review (“GPR”), and Group Asset and Liability Committee (“GALCO”).
• Deliver performance analysis on RWA to support key external reporting events including half and full year results and interim management statements.
• Work closely with process owners in Management Reporting and Planning to ensure RWA analyses are timely, accurate and consistent with across Capital forecasting outputs.
• Form strong relationships with internal stakeholders, both in finance and global functions. These typically include business/regional CFOs, Finance, Treasury, Risk and Regulatory Reporting.

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.
• Support the Group FP&A] to achieve the outcomes set out in the Bank’s Conduct PrinciplesClick here to enter text.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Group FP&A
• Treasury Capital and Funding team
• Group Regulatory Reporting
• Group Risk
• Business Finance teams
• Investor Relations
• Group Strategy
• Solo Balance Sheet Management team

Other Responsibilities

• Embed Here for good and Group’s brand and values, Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)

Our Ideal Candidate

• Strong academic record at bachelor or master’s degree level in business, economics, finance, financial engineering or related field from a well-recognized institution
• Excellent communication, power point and excel skills.
• Proven strategic and analytical skills with a strong appetite for finding facts and offering solution
• 5+ Years of experience in Financial Planning and Analysis.

Role Specific Technical Competencies

• Business Analytics
• Effective Communication
• Project Management
• Stakeholder Management

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 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