Recruit Candidates for Vice President, P2P CPBB Cost Management

Job Description

Role Responsibilities The P2P CPBB Cost lead will support the overall CPBB Cost head in driving complete ownership for planning, reporting, analytics as well as commercial aspects with respect to the CPBB cost base covering core Retail, Private and Business banking costs. This role will also play a critical role in strategic CPBB Costs transformation programs. Specific responsibilities here will include
• Support the performance management, planning and reporting of Total CPBB cost base.
• Support in design, development and roll out of appropriate Cost MI in collaboration with CPBB performance management lead and other P2P teams.
• Provide sharp analytics and commentary on CPBBs cost performance and forward looking narrative.
• Manage structural changes and budget restatements and reforecasts.
• Special Projects and Initiatives (eg. Unit Costing, Investments Tracking and Reporting)
Additionally, this role will also be responsible for the end to end delivery and optimization of CPBB Finance s cost allocation processes as well as ensuring the relevant transparency and analytics are available to inform resource allocation decisions. Specific responsibilities here will include
• Manage the process CPBB cost allocations for actuals and budget, in partnership with the Group Service Charges team, CPBB Finance and the CPBB business to deliver
• Accurate and timely sourcing of agreed allocation key drivers working with relevant stakeholders.
• Robust and efficient execution of agreed methodologies and implementation into the Group s Financial systems on a periodic basis as agreed.
• Providing clear and intuitive management information to support effective management reporting of costs for segment and product profitability.
• Assume end to end responsibility for the existing branch recharge process, involving
• Collaboration with CPBB stakeholders to secure timely and accurate inputs.
• Performing the necessary allocation processing and entry instructions to execute the process.
• Providing suitable management information to a wide range of stakeholders.
• Support management reporting of costs and budget refresh exercises, engage country stakeholders to drive execution and communicate impacts.
• Represent CPBB Finance in all cost allocation optimisation and change initiatives, including the migration of processes into SAP PAPM as part of the Broader Aspire programme.
• Adhere to bank / regulatory policies governing data quality and controls.
• Focus and build a culture of continuous process improvement, standardisation of procedures, and implementation of a robust control framework.
Regulatory and 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 the India / CPBB/ GCFO function 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
• Head of Performance Management, CPBB
• Head of Cost Management, CPBB
• CPBB Regional Heads
• Group, Regional, Business and Functions CFOs / Financial Controllers / Heads of Finance
• Head of Group Service Charges
• Head - Global Financial Services and the leadership team
• Aspire Program Leadership team
• Group Technology and Operations
• Group Finance Operational Risk
Other Responsibilities
• Drive simplification, standardization, digitization and widespread adoption of consistent MI and analytics for Countries help drive efficiencies in the production and delivery of Cost MI.
• 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.
Our Ideal Candidate
• 10+ years of work experience in the Banking industry, preferably in the area of Planning, Finance and Accounting.
• Working knowledge of Retail Banking and Wealth Management products.
• Good working knowledge in management reporting, budgeting, forecasting and variance analysis.
• Experienced in financial and profitability modelling and translation of results for management decision-making.
• Advanced or expert skills to prepare presentations for senior managements ability to translate complex financial information to visually impactful representations for executive level reviews.
• Analytical and strong sense of need to upload integrity of financial information.
• Proactively question and improve status quo, think outside the box to improve productivity, data accuracy and reporting process.
• Ability to develop creative solutions to problems and work in the larger team.
• Strong networking and interpersonal skills, forming positive working relationship in the multicultural environment.
• Should have strong knowledge and understanding of data management, data quality and its linkage in driving business performance management.
• Experience of working in a global organisation in a matrix environment.
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Keyskills :
automationproject managementcost controlend to end delivery