Job Description

Responsibilities:

• The Financial Control Manager and the Financial Controller are the custodians of the Banks financial information systems. The Bank relies on these systems to satisfy the reporting needs of the business, local regulators, the Regional Office, and Group Finance division.
• The Financial Control Manager shall therefore enforce systems controls, to protect this from misuse or abuse. This includes managing the account opening, maintenance, and closing procedures.
• Provides guidance on the Bankxe2x80x99s Financial Control Policy(xe2x80x9cFCPxe2x80x9d), i.e. ensure proper functioning of day to day controls, periodic monitoring of activities and timely resolution of audit issues.
• First line of defence, implement and support the Standard Chartered Enterprise Risk Management Frameworks (ERMF) and associated operational risk procedures to ensure that operational risk is effectively managed at the business unit level. The Business Operational Risk Manager is to focus specifically on controls linked to Very High, High and Medium gross risk rated potential failures, governance and supervision.

Strategy:

• Provide guidance and lead matters related to IFRS with linkage to Annual Financial Statements and all related reporting.
• Ensuring and strong control environment to ensure compliance with all Bankxe2x80x99s policies and procedures.
• Forefront of driving compliance to advanced reporting standards including Sustainable Finance reporting.
• Responsible for understanding the ERMF and its implications.

Business:

• Responsible for maintaining an awareness of the wider business, economic and market environment in which the Group operates.
• Continuously evaluate and identify IFRS and operational risk implications of business strategies and programmes, and provide expert guidance on any operational risk remediation actions.
• Responsible for supporting Country Finance with Risk initiatives, drove adoption of initiatives at the country level.

Processes:

• Oversee that the IFRS pack and all Group reports are completed accurately and timely.
• Ensuring that the queries arising from submitted reports and completed effectively.
• Half yearly and Annual Financial Statements.
• Monthly variance analysis.
• Adhoc analysis of Financial numbers.
• General Ledger Administration, Implement and monitor the application of the Chart Of Accounts (CAO).
• Ensure that no General Ledger accounts are opened/reactivated without Financexe2x80x99s authority.
• Process month end and adhoc adjustments.
• Establish business need before recommending the opening of a General Ledger account.
• Maintain a register for all General Ledger accounts opened for report mapping purposes.
• Perform effective Monthly TB reviews.
• Responsible for investigation and resolving level 1 and 2 TP vs GL reconciliations.
• Oversee the management of the Financial Control System submissions.
• Co-ordinate internal and external audits. Ensure that audit findings are resolved timely.
• Responsible for adherence to specified BAU operational risk deadlines.
• Ensure that all significant OR issues are escalated within 24 hours of identification to the Country SORO.
• Responsible for being the operational risk subject matter expert by being the key escalation contact to respond to queries specific to operational risk issues and or events.
• Responsible to coordinate with stakeholders in the country and with other operational risk managers to increase sharing of key developments, learnings and best practices.
• Accountable for ensuring Residual Risk Acceptance requests are completed timely by the process owners, approvals from second line of defence from both the operational risk team and the appropriate risk owner is obtained prior to submission to the relevant governance forums/committees.
• Responsible for the timely implementation and execution of the Control Sample Testing (CST) process, sampling and testing the population of controls to ensure compliance with agreed control standards, including facilitating the monitoring / collection of any Key Control Indicators (KCIs).
• Responsible for ensuring quality of information recorded in the risk tracking system, as well as ensuring accuracy, completeness of data, driving the timely resolution of outstanding actions.
• Responsible for supporting the business in minimizing operational risks and losses, and ensuring material operational losses are investigated to prevent recurrence.
• Responsible for ensuring that Root Cause Analysis (RCA) is completed timely by process owners for operational risk events that meet the criteria prescribed in the ORE procedures.
• Review audit findings and key themes, assisting business to achieve resolution in line with business risk appetite.
• Responsible for coordinating internal and external audit reviews xe2x80x93 liaising with stakeholders to ensure timely / accurate information is provided.
• Drive improvement in OR processes (through process improvement initiatives).
• Assist relevant stakeholders within the business and across functions in the management and implementation of both the ORF and ERMF and any other relevant OR-related initiatives, including ensuring proper functioning of embedded and periodic controls.
• Drive compliance with Financial control policy (FCP), ensure proper functioning of day to day controls and risks, periodic monitoring activities and timely resolution of audit issues.
• Coordinate the Business Continuity process for Finance.

Regulatory & Business Conduct:

• Display exemplary conduct and live by the

. * 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.
• Lead to achieve the outcomes set out in the Bankxe2x80x99s Conduct Principles

Key stakeholders:

• BORMs and responsible persons
• Country finance team
• Group Finance
• Senior Operational Risk Officer(s) (SORO)
• Risk and process Owners
• GFS Teams xe2x80x93 Kenya
• R2R Controllers
• Internal Auditors
• External Auditors
• Business & Country Compliance teams
• Operations
• External Auditors

Our Ideal Candidate:

• BCOM Accounting Honours
• Auditing Articles
• CA (SA)

Role Specific Technical Competencies:

• Technical Accounting
• Problem solving
• Enterprise Risk Management
• Auditing
• Analytical
• Deadline driven
• Resiliency
• Project management

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
• 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.

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