Primary Location: ASEAN & South Asia-India-Mumbai
Employee Status: Permanent
Posting Date: 13/Feb/2020
Unposting Date: 21/Feb/2020
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.
The Role Responsibilities
Review all aspects of financial Reporting and governance environment within the finance function in India and ensure issues are resolved. Instill zero tolerance approach to control expectations. Ensure adequate exception reporting of control weaknesses, clarity of responsibilities for control health and effective mapping of processes.
Ensuring adherence to GAAP (Indian and IFRS), the Group Accounting Manual (GAM), the Financial Control Policy (FCP), Department Operating Instructions (DOI) and other regulatory accounting guidelines
Ensuring the adequacy, integrity & correctness of books of account within the Bank through the introduction of control systems & guidelines and the review of control reports & MIS
Ensuring the maintenance & ongoing development of effective systems & procedures for the timely collection of data from all accounting sites and their collation & submission to various bodies
Reviewing new product proposals to ensure adherence to regulatory & other guidelines and their impact on the Bank’s financial statements
To identify, escalate and report instances of Operational Risk in Finance in compliance with ERMF and associated policies
Closely worth with external stakeholders such as Auditors and RBI as well as internal stakeholders such as Cost Centre Owners, Functions and Segments and GFS
To ensure that the controls and monitoring plans provided by the Functional Heads are practical and appropriate for the units & Responsible Persons (RP) are sufficiently enabled or skilled to undertake the monitoring actions.
To manage the resolution of any compliance breaches or exceptions highlighted by the monitoring performed within the finance units.
Responsible for overall awareness, adherence and implementation of the Group AML Standards and Country KYC policies
Our Ideal Candidate
Have strong knowledge of Financial controls, R2P and Operational Risk
Have knowledge of the Group and Local regulations on accounting and reporting;
Be a thorough manager with well-developed communication and inter-personal skills.
Qualified Chartered Accountant or MBA with previous experience in the Banking & Financial Services sector.
Sound knowledge of Accounting Practices, Management Accounting Practices, Financial Analysis & Evaluation
Familiarisation with computerised accounting & processing systems
Should possess basic knowledge of banking practice and regulations.
Should be conversant with financial analysis tools.
Should be a resilient, self starter with well developed communication & inter-personal skills
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages.