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Mumbai City, India
Standard Chartered Bank Ltd
Full time
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The Role Responsibilities
Job Role
We are looking for Senior Manager (Band 6) to perform the IFRS9 related reporting activities with an ability to use analytical tools like SAS to extract the ECL information. Candidate should possess IFRS-9 domain expertise should have hands on experience in IFRS-9 ECL reporting.
Key Responsibilities
Quarterly papers for the various governance committees covering the balance sheet of Early Alert, High Risk, Impaired accounts, stage 3 flows, commentary on movements by retail products and by industries.
Work towards presentations to various governance forums like the Impairment and Audit committees at different levels of consolidation viz., PLC, Bank Group and Company.
Work towards delivering the monthly IFRS 9 deck to the segment CFO teams covering the drivers of the movements in EAD / ECL and impact of ECL scenarios.
Demonstrate good understanding of IFRS-9 accounting standard related to ECL Computation, basic knowledge of credit risk metrices and credit risk analytics.
Manage the quarterly late ECL adjustment process with stakeholders in respective country finance teams and Hub s financial reporting teams.
Manage adhoc queries on impairments from various stakeholders.
Our Ideal Candidate
Qualified Accountant is a must – CA , CPA or CIMA (UK)
3 – 5 years post qualification relevant work experience in a Financial Reporting role preferably in a Financial services industry with specific experience in performing analytical reviews of legal entity / statutory reporting (schedules and data) with business in focus.
7 – 9 years of experience in credit risk reporting.
Hands on experience in working with accounting software s like Peoplesoft GL, SAP HANA4, etc reporting tools like Axiom and Analytical tools like SAS.
Good to have experience would be change management experience in devising and developing solutions for credit risk analytics using SAS.
Certification
Certification in SQL or SAS would be good to have if not should demonstrate the ability to write simple-complex SQL queries.
FRM or IFRS certification would be an advantage.
Role Specific Technical Competencies
Follows organizational practices and guidelines for product profitability reporting.
Implements organizational methods and procedures for financial report writing.
Monitors compliance with organizational standards for financial report writing.
Identifies the basic tools used for maintaining accounting information.
Recognizes the need for and concepts behind accounting principles.
Describes key activities of established accounting processes.
Explains the basic concepts and terminology of accounting.
Describes how GAAP is applied within the organization.
Lists the major responsibilities of the accounting staff.
Analyzes errors or inaccuracies in financial reports.
Uses basic tools to create simple financial reports.
Identifies key issues and components of GAAP.
Seeks relevant documentation and information.
About Standard Chartered
Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve 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 youre 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 cant 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, youll 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
Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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 – some of our roles use assessments to help us understand how suitable you are for the role youve 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.
Visit our careers website www.sc.com/careers,
