Job Summary
Background and Strategy
Project Iris is a Strategic Regulatory Reporting Programme that would provide SCB with a regulatory reporting system fit, for the future growth of the bank in an evolving regulatory landscape. The programme aims to provide a platform that strengthens governance and controls, improves data quality and optimises the end-to-end regulatory reporting process. The Data workstream is being stood up to implement strategic data specifications, minimising manual file uploads / end user computing focusing on ensuring the availability, accuracy, completeness, and integrity of data used for regulatory reporting by implementing robust data governance practices, data quality controls, and data lineage tracking.
Programme Aspire is a multi-year investment programme to transform Finance and Treasury functions to a global target model. This involves investment to replace the infrastructure, and move to a more centralised, standardised and automated business model. This will enable faster processing, easier and more frequent access to information, at lower levels of cost.
Through the roll out of the strategic Aspire toolset most of the monthly Finance and Treasury processes are being standardised and centralised. This will give functions and businesses access to key financial metrics and KPIs in a more controlled and robust environment.
Leveraging on the data that the sub-ledger and general ledger consume as well as other golden source data providers with enhanced controls and standards, this new delivery and program management role will be accountable for end-to-end delivery of strategic data workstream capabilities to meet outcomes for Iris while managing key dependencies across Bank-wide data programs.
Key Responsibilities
Head, Data Strategy and Solutions is responsible for the following:
• Drive and support strategic delivery and execution to meet key objectives and outcomes for the Data workstream under Project Iris including:-
- Definition of critical data elements (CDE), data domain and data product driven framework and operating model
- Confirm golden source and availability of the required data attributes (CDEs), including frequency, granularity and other dimensions
- Non-functional requirements where it pertains to data retention, archival etc
- Ensure data governance, DQMS (linking to BCBS239) and control framework is in place implemented working with Data Governance, Risk and Compliance
- Single point-of-contact ensuring data design principles adhered to, consistency (covering above) and data quality issue management process collaborating with the GCFO data steward
• Partner with senior GCFO and business leaders to create the integrated GCFO Data vision and strategy to enable programme outcomes and benefits
• Implement and execute our GCFO data strategy and solutions based on data-product driven framework and operating model
• Serve as the overall GCFO data lead managing key interdependencies across Project Iris, Aspire, enterprise-wide data (e.g. CDO) and Fit for Growth (FFG) programmes to ensure timely progress against outcomes and objectives
• Drive the design and implementation of the Data Build & Maintain hive (as part of overall Data & Analytics) in line with Group Transformation Office and TTO standards
• Manage end-to-end financials and costs, delivery governance and controls and all aspects of programme management for Data book-of-work ensuring all quality delivery objectives are met
• Run regular delivery huddles, governance and refinement forums
• Ensure data, solution architecture and governance in place to support Finance and Treasury Functions
• Ensure delivery of relevant data (by other programmes of work) into GCFO data strategy
• Articulating, prioritizing and delivering key use cases for Data
Strategy
• Own and be accountable for end-to-end delivery of strategic data and analytical capabilities to enable business insights, commercial decision making and risk management
• Implement and execute finance data strategy and solutions based on data-product driven framework and operating model.
Business
• Be a fearless leader in driving the adoption and associated operational benefits of the strategic technology
• Proactive in seeking regular assurance that the teams are performing to an acceptable risk and control standard.
• Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees.
• Include all necessary internal, legal and regulatory controls through the development of Global Finance requirements.
• Balance business performance delivery and cost management constraints with risk and control matters to ensure that they do not materially threaten the Group’s ability to remain within risk appetite.
Processes
• Collaborate and partner with Global Process Leaders as part of the Build & Maintain model
• Delivery the infrastructure and capabilities to enable target operating model and control framework
• Optimizing current business model and enabling business benefit materialization through straight-through processing
People & Talent
• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Employ, engage, and retain high quality people, with succession planning for critical roles.
• Responsibility to review team structure/capacity plans.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.
Risk Management
• Reinforce an effective and exemplary risk and control culture and further strengthen the control environment, ensure that specialist knowledge and skills are assigned to relevant needs.
• Act to minimize operational loss and audit failures and take proactive measures to respond to matters arising and identify and manage forward looking risks.
• Work with relevant teams to identify and mitigate identified operational risks in their areas.
• Through assignment of direct and indirect reports, establish and maintain an appropriate framework and procedures for monitoring, identifying, measuring, assessing, reporting and managing compliance, regulatory, financial crime, operational and reputational risks.
Governance
• Embed the Group’s values and code of conduct in the Global Finance Technology teams to ensure adherence with the highest standards of ethics and compliance with relevant policies, processes and regulations among employees form part of the culture.
• Ensure compliance with all salient SCB governance frameworks where there are direct touchpoints with them or any subsequent downstream influence from the Global Finance Technology Team.
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.
• Lead the 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.
Key stakeholders
• GCFO COO Management & Leadership Team
• TTO Finance Management & Leadership Team
• Group Financial Controller and Reporting Leads
• TTO Finance and Functions
Skills and Experience
Our Ideal Candidate
Must Have:
• Strong track record of programme management execution and delivery in Data and Regulatory Reporting transformation projects
• 15+ years of overall work experience and 10+ years of relevant experience combined in Agile and Traditional Project delivery methodologies
• 2 years in a Data Management / Governance / Solutions / Architecture leadership and practitioner role
• Ability to work proactively, independently when necessary and displays strong initiative.
• Agile framework or PMP certifications
• Excellent communication and presentation skills.
• Consistently high performer and excellent role model of the Banks core values
• High levels of energy and drive, willingness to work hard
• Pragmatic team player with attention to detail
• Experience in working in multicultural teams
• Good expertise on organisational design and process implementation to support regulatory driven financial reporting
• Excellent stakeholder management and communication skills covering both senior and operational levels
• Experience of programme definition and delivery in an evolving regulatory environment
Preferred:
• Exposure to PRA regulatory reporting (capital, liquidity, finance)
• Exposure to CDO, Data Governance
• Displays personal authority, integrity and ethics
• Exposure to business architecture principles and methods
Role Specific Technical Competencies
- Proven experience in delivering large scale regulatory reporting and data global solution deployments preferably in the financial services environment
- Agile Project Management
- Project Planning
- Management of project scope
- Management of project financials
- Identification & Management of project Risk/Assumptions/Issues/ Dependencies
- Proficiency in Data tools and platforms
- User experience
- Communication and presentation skills
- Understanding of Bank systems architecture
- Business requirement definition
- Solution design and validation
- End User testing
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.
Recruitment Assessments
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