Senior Data Analyst

STANDARD CHARTERED BANK; Town of Islip (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Join a leading international bank as a Senior Data Analyst under the 'Iris' initiative, aimed at revolutionizing regulatory reporting through enhanced governance and streamlined data processes. With focus on collaboration across diverse teams, you'll drive critical changes that enhance data accuracy and integrity, ensuring compliance with evolving regulatory landscapes. Ideal candidates will possess extensive experience in data analysis and governance in a fast-paced financial environment, ready to lead transformative projects with strategic impact.

Benefits

Competitive salary and benefits

Flexible working options

Time-off including parental and volunteering leave

Proactive wellbeing support

Continuous learning opportunities

Qualifications

• 10+ years in data/business analysis or similar roles.
• Experience in data quality assurance and transformation projects.
• Proven track record in financial application design.

Responsibilities

• Lead the functional design of data sourcing.
• Collaborate with stakeholders to implement changes.
• Ensure data governance and quality controls are met.

Skills

Business analysis

Data analysis

Data governance

Stakeholder management

Problem-solving

Communication

Presentation skills

Agile methodologies

Education

Bachelor’s degree in Finance or related field

Tools

SQL

Big Data technologies

Job description

JOB SUMMARY

Background and Strategy

Programme “Iris” is a strategic multi-year Regulatory Reporting programme that would provide SCB with a regulatory reporting system fit for future growth of the bank in an evolving regulatory landscape. The programme aims to provide a platform that strengthens governance and controls, improve data quality and optimises the end-to-end regulatory reporting process.

The Data workstream of Iris is stood up to implement the strategic data sourcing minimising manual touchpoints / end use computing needs focusing on ensuring the availability, accuracy, completeness and the integrity of the data used for regulatory reporting by implementing robust data governance practices, data quality controls and data lineage tracking.

Leveraging on the data that the strategic Aspire sub-ledger and general ledger consumes as well as the golden sources with enhanced control and standards is a key delivery of the data work stream, and this role will be critical in defining the design of the sourcing landscape and delivering the changes, working alongside key stakeholders across business, technology and vendor partners.

The Senior Data Analyst is responsible for the following:

• Work with the data sourcing analysts to ensure that all the business requirements are thoroughly analysed, gaps identified, and an executable functional specification are delivered.
• Drive the functional design of the data sourcing landscape and lead the delivery of the sourcing changes across the GCFO landscape ensuring that the Aspire/GCFO first principles and data strategy is adhered.
• Collaborate with CDO and upstream data source teams to ensure the required changes are implemented in line with key delivery timelines.
• Run regular delivery huddles, governance and prepare for necessary refinement forums.
• Articulating, prioritizing and delivering key changes across the sourcing landscape – focusing on evolving data controls framework.
• Contribute to overall GCFO data strategy and solutions design including the design and data products framework.

RESPONSIBILITIES

Strategy
The Data workstream of Iris focuses on designing and implement the strategic data sourcing minimising manual touchpoints / end use computing needs focusing on ensuring the availability, accuracy, completeness and the integrity of the data used for regulatory reporting by implementing robust data governance practices, data quality controls and data lineage tracking.

Define and implement the strategic sourcing landscape with clear alignment to Data Strategy principles and Iris delivery timelines.

Business
• Work closely with upstream business functions and CDO to clearly articulate the incremental sourcing requirements and track and monitor the delivery
• Work with multiple technology squads and ensure that the design and interoperability of all the component parts are clearly understood and aligned to wider delivery approach
• Understanding and knowledge of Capital calculations and reporting landscape
• Be a fearless leader in driving the adoption and associated operational benefits of the strategic technology.
• Proactive in seeking regular assurance that the teams are performing to an acceptable risk and control standard.
• Act quickly and decisively when any risk and control weakness become apparent and ensure they are addressed within an appropriate timeframe and escalated through the relevant committees.
• Include all necessary internal, legal and regulatory controls through the development of Global Finance requirements.
• Balance business performance delivery and cost management constraints with risk and control matters to ensure that they do not materially threaten the Group’s ability to remain within risk appetite.

Processes
• Understand the Capital Calculation & Reporting Processes, Upstream business functions and critical process OLAs
• Oversee the remediation activity and review for Data Governance.
• Ensure integrity and quality of DQMF artefacts produced by TTO Teams.
• Optimizing current business model and enabling business benefit materialization through straight-through processing

People & Talent
• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with risk and control partners.
• 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.

Risk Management
• Reinforce an effective and exemplary risk and control culture and further strengthen the control environment, ensure that specialist knowledge and skills are assigned to relevant needs.
• Act to minimize operational loss and audit failures and take proactive measures to respond to matters arising and identify and manage forward looking risks.
• Work with relevant teams to identify and mitigate identified operational risks in their areas.
• Through assignment of direct and indirect reports, establish and maintain an appropriate framework and procedures for monitoring, identifying, measuring, assessing, reporting and managing compliance, regulatory, financial crime, operational and reputational risks.

Governance
• Embed the Group’s values and code of conduct in the Global Finance Technology teams to ensure adherence with the highest standards of ethics and compliance with relevant policies, processes and regulations among employees form part of the culture.
• Ensure compliance with all salient SCB governance frameworks where there are direct touchpoints with them or any subsequent downstream influence from the Global Finance Technology Team.

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 by example as a member of the Finance Data Strategy & Solutions 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.

Key Stakeholders
• GCFO COO Management & Leadership Team
• Project IRIS Programme Stakeholders
• Business Functions Data and Tech teams across CIB and WRB
• Business Finance Leads
• Chief Data Office (CDO)
• TTO Finance and Functions
• GCFO Programme Management Office (PMO)

Other Responsibilities

Embed Here for good and Group’s brand and values in GCFO Data Strategy & Solutions team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); across Project IRIS and wider GCFO Data Strategy & Solutions.

Our Ideal Candidate

Must Have:

• Strong experience in business analysis and/or data analysis of complex architecture landscape
• Experienced in data controls, strategy and quality assurance to ensure accuracy and reliability of analyses
• Strong track record of functional design and delivery in transformation projects
• Problem-solving abilities creativity for generating innovative solutions.
• 10+ years of relevant experience combined in Agile and traditional Project delivery methodologies.
• Ability to work proactively, independently when necessary and displays strong initiative.
• Proven track record in financial or data-intensive application design
• Excellent communication and presentation skills
• Consistently high performer and excellent role model of the Banks core values
• High levels of energy and drive, willingness to work hard
• Pragmatic team player with attention to detail
• Experience in working in multicultural teams
• Excellent stakeholder management and communication skills

Preferred:
• Exposure to Big Data and Relational Database technologies / platforms
• Exposure to business architecture principles and methods
• 5-10 years of relevant experience in Product Control / Business Performance Management roles
• Exposure to data management - critical data elements, DQMF and data governance
• Familiarity with database concepts and SQL

Role Specific Technical Competencies
• Data Analysis and Governance
• Knowledge of tools, techniques and processes for gathering and reporting data; ability to practice them in a particular department or division in the organization
• Data Strategy & Solutions
• Knowledge of tools and techniques of data Strategy & Solutions and the ability to develop and maintain an organization's data in order to meet business requirements
• Project Planning and Agile Project Management
• Management of project scope
• Management of project financials
• Identification & Management of project Risk/Assumptions/Issues/ Dependencies
• Communication and presentation skills
• Understanding of Bank systems architecture
• System Development Life Cycle
• End User testing

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

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Visit our careers website www.sc.com/careers