Standard  Chartered  Bank

Assistant Manager, Product Control GBS

Location
Bangalore, IN
Salary
A competitive salary and benefits to support your mental, physical, financial and social wellbeing
Posted
27 Nov 2024
Closes
27 Dec 2024
Ref
14965
Approved employers
Approved employer
Contract type
Permanent
Hours
Full time
Experience level
Manager

Key Responsibilities

  • Responsible for the daily P&L controls and analysis Non-Performing clients across various products.
  • Responsible for Credit loss provision, Interest & Income releases for Non-Performing clients.
  • Creation of independent process to substantiate ledger balances along with reconciliation to Subledger balances.
  • Production of timely and accurate Management Information reports relating Non-Performing clients .

Strategy

  • Deep understanding for review and revenue recognition in line with IFRS9 & IFRS15 accounting standards.
  • Analysis and reasoning of Daily, Weekly and month Income fluctuations across the countries and Balance Sheet Movement for Non Performing Clients.
  • Actively engaging with stakeholders across multiple functions and representing PC on various forums.

Business

  • Responsible to oversee and review the BAU controls, reporting, and escalation process.
  • Establishing best practice across various PC process, streamlining and automation.
  • Review of Key Control Indicators (KCI) and Control Sample Testing (CST).
  • Supporting control & governance, external audits and regulators queries.
  • Support new business initiative and help execute on management strategies.
  • Lead project delivery and represent Product Control in project forums.

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.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Skills and Experience
  • Communication
  • IFRS & Accounting knowledge
  • Transaction Banking Products
  • Product Controller
Qualifications
  • CA or MBA (Finance) from a reputed institution.
  • 2+ years of experience in banking finance.
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.

For further information, and to apply, please visit our website via the “Apply” button below.

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