Vice President Transaction Service

Key Responsibilities

• Responsible for the daily P&L production and evaluation along with ensuring integrity of Balance-Sheet of Transaction Banking [Cash Management and Trade products].

• Understand the transactions booked in Trade products and Cash management business from a commercial aspect including Return on RWA.

• Compute and build control to ensure consistent Pass Through Rate [PTR] in cash management business.

• Deep understanding of various Trade Products such as Working capital Loans, Trade Loans, Open Account Financing, Import/Export Trade products [LC related products]

• Review and reasoning of Daily, Weekly and month NIM fluctuations across the countries and Balance Sheet Movement.

• New deal review and revenue recognition in line with IFRS9 & IFRS15 accounting standards.

• Actively engaging with stakeholders across multiple functions and representing PC on various forums.

• Responsible to oversee and review the BAU controls, reporting, and escalation process.

• Production of periodic MI pack with commentaries.

• 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.

Qualifications

• Educated to degree level; preferably CA / CFA / MBA in Finance

• Product Control Experience of managing Banking book portfolio.

• Strong command over IFRS9 and IFRS15.

• Ability to work under constant pressure to tight deadlines and deliver high quality output.

• Excellent interpersonal skills.

• Analytical, Innovative and questioning mindset.

• Minimum 10-12 yrs of experience with most recent 3 years in Product Control

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

Industries: Banking, Financial Services, Investment Banking