- Responsible for the daily P&L controls and review Non Performing clients across various products.
- Responsible for Credit loss provision, Interest & Income releases for Non Performing clients.
- Creation of unsupervised 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.
- Review 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.
KEY RESPONSIBILITIES
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.
- Manage the team to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Serve as a Director of the Board
- Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
Other Responsibilities
- Embed Here for good and Group's brand and values in team
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures
- Multiple functions (double hats)
SKILLS AND EXPERIENCE
- Communication
- IFRS & Accounting knowledge
- Banking Loan Products
- Product Controller
QUALIFICATIONS
- CA or MBA (Finance) from a reputed institution.
- 6+ years of experience in banking finance.
