Overview

Associate Director, Financial Institutions  (2400003033)
 

Job

: Corporate & Commercial Banking

Primary Location

: Asia-Singapore-Singapore

Schedule

: Full-time

Employee Status

: Permanent

Posting Date

: 08/Mar/2024, 8:25:13 AM

Unposting Date

: Ongoing

 

JOB SUMMARY

  • The FI Associate Director – Business Management (“BPM”) will be a key member of the FI Team and will work very closely with the Head of Business Development, FI Segment BPMs and the FIMT. The BPM Staff will be involved in the day-to-day running of the Global FI Business and on specific initiatives for the Banks and Broker Dealers (“BBD”) segment, including its governance, as well as longer term strategic initiatives.  Core responsibilities of the role include:

RESPONSIBILITIES

Business and Strategy

  • Support the implementation and tracking of FI Strategies/Projects
  • Assist with driving the FI businesses and coordinate input for the FI MT & Leadership meetings
  • Preparation and roll out of FI marketing events together with any pre/post tracking requirements
  • Assist with effective communication and alignment with key stakeholders in profiling the business and its priorities
  • Proactively engage stakeholders within the Corporate & Institutional Banking business – Relationship Managers, Transaction Banking Sales and FCC functions
  • Forecasting budgets and reconciling with products/region. Monthly tracking and reporting of portfolio performance for FI. 
  • Account plan and YTD revenue against budget 
  • Pipelines to be monitored to facilitate discussion
  • Client tiering exercise and Tail management update
  • Preparation of budget and scorecard reconciliation done with region, leads and product partners
  • Preparation of performance and review presentations for various forums or stakeholders

Processes

  • IT & technology liaison on key projects and cost mapping
  • Monitor and drive key processes and controls ensuring FI adherence e.g. E-learning, cross border MIS
  • Review monthly FI financial updates, cost reports, client complaints, etc
  • Assist in review of processes for improving efficiency
  • Liaising with stakeholders to get assurance on the accuracy and consistency of data to prevent unintentional changes to information
  • Ability to work with data and mine for business opportunities and risks. 

People & Talent 

  • Support FI in delivering against HR objectives and initiatives: Diversity and Inclusion targets, succession planning, people forum, etc.
  • Support the annual P3 process (compensation, bonus, promotions, CP reviews).
  • Track headcount and review periodically the consistent use of Job Families (in particular, for new employees).

Risk Management

  • Work closely with stakeholders to manage business risks globally, conform to global standards, improve risk metrics, e-enablement & culture, and provide support to ensure no failed audits (internal & external)
  • Understand and perform quality control on risk agenda items across the portfolio in collaboration with key risk partners (e.g., credit, operational, financial crime risk)

Governance 

  • Stay on top of developing regulations and coordinate with relevant stakeholders to ensure bank compliance
  • Ensuring that static data maintenance for the FI Portfolio is performed in a timely and accurate manner, and recommending the necessary remediation actions should the timely and accurate conditions not be met
  • Oversight and support of any FI related regulatory projects
  • Provide guidance on FI controls process when required
  • Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues
  • Willingness to work with any local regulators in an open and cooperative manner.

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 to achieve the outcomes set out in the Bank’s Conduct Principles
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

  • FIMT
  • FI Global and Segment BPM
  • FI clients – senior personnel and key decision makers
  • CIB and product partners across the bank
  • Product management teams
  • HR, TTO, Finance, control and risk functions
  • Regulators

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

  • Bachelor’s degree; in Banking, Finance or quantitative field is preferred
  • 5+ years’ of experience in banking or another financial companies
  • High working knowledge and experience working with large data sets and providing summary analysis with excel, PowerPoint, is essential.  Experiences in additional analytical tools (e.g. SAS, R, VBA, Tabeleau) is a plus but not necessary.
  • Strong execution capability, high discipline with excellent project management skills
  • Strong team orientation. Ability to work effectively in cross-cultural, cross-geographical, matrix environment
  • High level of responsiveness, sense of urgency; ability to operate in a highly pressurised & dynamic environment
  • Strong drive for results, ability to plan, track and follow through
  • Flexibility and responsiveness in order to handle changing priorities and urgent requests from senior management.
  • Maintain discretion in dealing with highly confidential information.

Role Specific Technical Competencies

  • Data Analytics
  • Information Systems – Applications & PC Skills
  • Risk Management and Internal Controls
  • Business – Strategy and Business Model
  • Business – Market Knowledge
  • Business – Products and Processes
  • Business – Business Partnering

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
  • Tagged as:

About Standard Chartered

We offer banking services that help people and companies to succeed, creating wealth and growth across our markets. Our heritage and values are expressed in our brand promise – Here for good.

With more than 86,000 employees and a presence in 60 markets, our network serves customers in close to 150 markets worldwide. We're listed on the London and Hong Kong Stock Exchanges as well as the Bombay and National Stock Exchanges in India.