Specialist, Product Control GBS (Malaysia/India)

Standard Chartered Bank; Kuala Lumpur; On-site; MYR 50,000 - 80,000; Full time

Job summary

A leading international bank is seeking a finance professional to oversee monitoring and reporting of key financial controls. The role involves liaising with various stakeholders, managing reconciliations, and implementing data integrity processes, ideal for those skilled in finance and accounting.

Benefits

Flexible working options

Time-off including annual leave and sabbatical

Proactive wellbeing support

Continuous learning culture

Inclusive work environment

Core bank funding for retirement savings

Medical and life insurance

Qualifications

• 2+ years of experience in the finance field.
• Good understanding of Accounting and Financial Markets.
• Strong Control mindset and reasoning skills.

Responsibilities

• Monitoring Daily P&L and Balance Sheets.
• Managing stakeholder expectations and communications.
• Reviewing reconciliations and ensuring process integrity.

Skills

Communication

Finance and Accounting

Financial Market Products

Education

CA or MBA (Finance)

Tools

PeopleSoft financials

SAP

MS SQL

MS Office

Job description

Job Summary

• Monitoring of key controls/ processes around Daily Pnl & Balance Sheet (Asset classes: FX / FXO / Rates / Credit / Commodities / Treasury etc.)
• Ensuring that all controls are followed, completed, and reviewed in a timely manner
• Managing Stake holder expectations - Liaising with key stake holders such as Technology, Product Control line teams, in-Country Finance teams, COO, Risk teams and other finance and Ops teams within GBS
• Review of Daily/Month end reconciliations between the various TP systems and the General Ledger.
• Assist in the design, testing and implementation of TP data integrity / exception reports.
• End to End delivery of Monthly AvF Reconciliation.
• Ensuring that all controls are followed, completed, and reviewed in a timely manner.
• Review of month-end balance sheet substantiation of PC owned balances.
• To provide assistance with accurate Classification and Measurement of Financial Instruments as per IFRS 9.
• Ideation/Initiation of process simplification/Automation of daily processes.
• Maintenance of DOI for Daily P&L and AvF processes.
• Preparation of regular and ad hoc month end journals as part of ME book close

Responsibilities

Strategy

• Ensure Awareness and understanding of the Group’s business strategy and model appropriate to the role

Business

• Awareness and understanding of the wider business, economic and market environment in which the Group operates

Processes

• Ensure processes for which the person is responsible is executed as required.

Key Responsibilities

People & Talent

• Lead through example and build the appropriate culture and values
• Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks.
• Employ, engage and retain high quality people, with succession planning for critical roles.
• Responsibility to review team structure/capacity plans.
• Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives.

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

• Regular face off with Traders, Product Control Management, Regional finance team and various internal stakeholders within GFS.
• Act as a point of reference for team members and internal clients.
• Manage relationship with internal stakeholders, take regular feedback, anticipate, and understand issues and escalate appropriately for timely resolution
• Manage strong relationship with support teams (IT, Operations and Risk) and bring synergies by interacting and integrating with cross functional teams

Skills and Experience

• Communication
• Finance and Accounting
• Financial Market Products

Qualifications

• CA or MBA (Finance) from a reputed institution.
• 2+ years of experience in similar field.
• Good understanding of Accounting and Financial Markets products.
• Reasoning skills, hands on experience with PeopleSoft financials, SAP, MS Office & MS SQL will be an added advantage.
• Strong Control mindset.
• Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders. Strong interpersonal and communication (verbal and written) skill which help build an effective internal network across the numerous stakeholders

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 thingand 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-offincluding 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 workingoptions based around home and office locations, with flexible working patterns.
• Proactive wellbeing supportthrough 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 cultureto 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.