Associate VP - Financial Controls Standard Chartered

10.0 - 15.0 years

0 Lacs

chennai, tamil nadu

On-site

As a Legal Entity Controller at Standard Chartered Bank, your main responsibility will be to build and maintain a Legal Entity Controller model. You will be required to identify underlying risks in the balance sheet and provide insights to the CFO and Risk committee as necessary. Ensuring the integrity, accuracy, and completeness of the General Ledger will be crucial, along with reviewing variances and rectifying any accounting errors before the book close window. Your role will also involve conducting high-quality reviews of IFRS Financials and disclosures for external publication to ensure there are no material misstatements. It is essential to engage and retain high-quality people, with a focus on succession planning for critical roles. You will need to have a good understanding of the wider business, economic, and market environment in which the Legal Entity operates. Collaborating closely with Country Finance and R2R controllers to manage the Financial Controls & Risk function will be a key aspect of your role. In addition, you will be responsible for implementing and monitoring financial control policies, ensuring compliance measures are in place and adhered to. You will also need to embed the Controllership + Reporting model to keep the end client at the center, ensuring efficient and effective service delivery. As a leader, you will set the tone and expectations for your team, providing ongoing training and development opportunities. Monitoring job descriptions and objectives for direct reports, giving feedback, and rewards based on performance will be part of your responsibilities. Your role will also involve interpreting financial information, identifying key issues, and implementing appropriate controls and measures. You will be required to monitor and ensure appropriate change governance across all transformation initiatives and represent the function at governance forums. You will need to display exemplary conduct, adhere to the Group's Values and Code of Conduct, and ensure compliance with all applicable laws and regulations. Collaborating with key stakeholders such as Country Finance and GFS will be essential. To be successful in this role, you should demonstrate proficiency in MS Excel and PowerPoint, effective communication, stakeholder management, problem-solving, analytical skills, and a control mindset. The ideal candidate will have a minimum of 10 years of work experience in financial control or operational risk functions of FIs, internal audit of FIs, or external audit from Big 4 firms. Experience in core financial market operations or Retail/consumer banking operations is preferred. CA/CWA qualifications are preferred, along with exposure to SAP, PSGL, and TPGL reconciliations. Standard Chartered is an international bank that values diversity and inclusivity. If you are looking for a purpose-driven career in a bank that makes a positive impact, we encourage you to apply and be part of our team.,

Posted 2 days ago

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Associate VP - Financial Controls Standard Chartered India

10.0 - 15.0 years

0 Lacs

chennai, tamil nadu

On-site

As a Legal Entity Controller, your key responsibilities will involve building and managing the Legal Entity Controller model, identifying risks in the Balance Sheet, and presenting views to the CFO/Risk committee. You will be responsible for reviewing and ensuring the integrity, accuracy, and completeness of the General Ledger, detecting inconsistencies and rectifying any accounting errors before the book close window. Additionally, you will be tasked with performing high-quality reviews of IFRS Financials and disclosures for external publication to ensure there are no material misstatements. It will be essential to engage and retain high-quality talent with succession planning for critical roles. Your role will also require a strong understanding of the wider business, economic, and market environment in which the Legal Entity operates. Collaborating closely with Country Finance and R2R controllers will be necessary to manage Financial Controls & Risk functions effectively. You will need to ensure that periodic reconciliations and substantiation exercises across the bank are performed smoothly and escalate any exceptions or non-compliance to the relevant stakeholders. Implementing process controls, monitoring activities, identifying risks, and reporting losses will be part of your daily tasks. You will play a crucial role in embedding the Controllership + Reporting model, presenting Financial & Operational Risks to senior management, and supporting various initiatives like SOX implementation, BSS Tool implementation, and internal/external audit improvements. Furthermore, your leadership in people and talent management will be critical to building the right culture and values within the team. Providing ongoing training and development opportunities, setting clear job descriptions and objectives, and monitoring performance against those responsibilities will be essential to ensure effective risk management. You will be expected to interpret financial information, identify key issues, and implement appropriate controls and measures to manage risks effectively. Ensuring compliance with regulatory and business conduct standards, embedding ethics across the organization, and collaborating with stakeholders will be vital aspects of your role. A successful candidate for this position should possess at least 10 years of work experience in financial control/operational risk functions or internal/external audit. Strong communication skills, stakeholder management abilities, problem-solving skills, and a control mindset are necessary. Qualifications such as CA/CWA and exposure to SAP, PSGL, and TPGL reconciliations will be preferred. In summary, as a Legal Entity Controller, you will play a crucial role in managing financial controls and risks, ensuring compliance with regulatory standards, and driving a culture of integrity and ethics within the organization. Your leadership in talent management, risk management, and governance will be key to achieving the desired outcomes and maintaining a robust financial control environment.,

Posted 3 days ago

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