Standard Chartered Bank | Head of Business Finance, Products, WRB

Job Summary
The Head of Business Finance, Products, WRB will support the management of the financial performance of global WRB products. This will include product performance management, financial analysis, accounting and controls, as well as planning and budgeting processes. In addition, this role would support the provision of advisory on product performance to achieve the strategic objectives of the organisation.
RESPONSIBILITIES
Responsibilities for this finance role cover supporting the management of financial performance and underlying drivers of growth for the following areas within WRB:
Wealth Solutions
Deposits
Mortgages
Credit cards and Personal Lending
This will cover tracking, reporting, and analysing various aspects for segment performance globally as defined below in detail.
Strategy
The Head of Business Finance, Products, WRB should have good awareness and understanding of the WRB business strategy and be able to help execute this globally. This includes:
Support the CFO, Wealth and WRB Products and WRB product teams in the implementation of agreed strategy across markets
Actively report, review and analyse progress against set strategic targets
Alignment of this strategy and related financial impact with regional and key market finance and business partners
Business Planning and Analysis
Advise stakeholders on financial performance, profitability, returns and highlighting areas of opportunity and early warnings of challenges ahead
Track financial and non-financial performance and momentum regularly
Develop and implement financial and non-financial value drivers and regular measurement & analysis
Conduct product deep dives to identify opportunities to improve income and returns
Partner with business and finance teams in markets to execute plans to improve market share including tactical and strategic actions
Contribute to performance reporting and analysis for WRB Management Business Review (MBR)
Periodically review SCB performance against competitors and analyse relative strength and opportunity
Support cost reviews to achieve cost efficiencies
Support the reviews of loan impairment, RWA efficiency and effectiveness as well as Basel 3.1 to optimise returns
Work closely with the Group Accounting Policy team to provide product accounting advice
Support business on understanding and effective appropriate usage of various financial views- Enhanced F view transition, Management view and Franchise view
Key Responsibilities
Processes
Review and ownership of flash, outlook, forecasting and monthly performance for the business in coordination with finance and business teams across markets
Smooth and efficient corporate plan process and other internal finance processes specially forecasting alignment across clusters and countries and segments
Regular report and tracking financials and non-financial value drivers in coordination with analytics team and offshore support teams.
People & Talent
Work effectively and collaboratively with finance/non-finance colleagues within WRB group finance, country finance, business heads and offshore teams
Ensure ongoing training and self-development for both current role and future aspirations from a career growth perspective
Risk Management
Coordinate regular review with Risk to ensure appropriate capital deployment
Review Risk Weighted Asset (RWA) performance vis-à-vis balance sheet growth and product/client returns for products
Regular review, reporting and understanding of loan impairment related to lending portfolios and calculation approach/policy thereon
Ensure compliance with Group Accounting Principles and practices, Financial Control policy, and other regulatory accounting guidelines
Understanding of various regulatory requirements and implementation of the same appropriately by working with product teams in group and markets
Governance
Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations to the role
Represent the Finance function at key WRB forums and escalating any issues that may impact finance responsibilities
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.
Key stakeholders
CFO, WRB
CFO, Wealth and WRB Products
Global Product Heads & teams for Wealth Solutions, Deposits, Mortgages as well as Credit Cards and Personal Lending
Our Ideal Candidate
12+ years relevant experience in finance at a leading global financial services firm, preferably banking.
Qualified Accountant i.e., CPA, CMA, ACCA or equivalent, or MBA (Finance) or other relevant qualification is preferred
Track record of business partnering and ability to influence and effectively challenge stakeholders
Strong understanding and/or previous experience in consumer banking, wealth management or SME/commercial banking is preferred
Proven problem solver using quantitative techniques, strong analytical skills with ability to develop proof of concept frameworks and business cases
Excellent written and verbal communication skills to effectively manage varied stakeholders and global teams within finance and business.
Role Specific Technical Competencies
Performance Management
Tactical and Strategic planning & Forecasting
External reporting & Competitive analysis
Balance Sheet Management
Risk and Control
Business Partnering and Influencing
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
Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
For further information, and to apply, please visit our website via the “Apply” button below.
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