Senior Manager, Treasury Product Control

Employer
Standard Chartered Bank
Location
Singapore, Singapore
Salary
Competitive
Posted
10 May 2022
Closes
09 Jun 2022
Ref
14834012
Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
  • 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 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 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.

The Role Responsibilities
A senior role within Treasury Product Control for controlling and supporting the Treasury business. The individual will be responsible for:
  • Providing supervisory oversight of the daily Profit & Loss reporting and all associated analytical review and commentary analysis at a global level (including monitoring month end IPV impacts and reserves for Profit & Loss reporting)
  • Providing supervisory oversight of the month-end balance sheet substantiation of PC owned traded balances for Treasury business.
  • Review and oversight of all key reconciliations including and not limited to Trading estimates vs Actual, AvF, TP-GL and FOBO.
  • Supporting local finance teams by providing accounting advice, general ledger reconciliation, and product training.
  • Supporting Country CFOs in the development and maintenance of a robust control environment around the Treasury product suite.
  • Single point of contact for auditors (internal and external) and regulators.
  • Proactively build and manage relationships facing the business and other internal clients within Group Finance, Risk Control, Middle Office, Internal Audit and IT.
  • Drive the identification and implementation of key initiatives, such as
  • system/ workflow enhancements
  • the implementation of changes in accounting regulations
  • the centralization of processes within Product Control
  • Develop a strong internal network by:
  • proactively engaging all key stakeholders
  • representing the team and department at various working groups / committee's
  • reaching out to other business areas / regions to ensure best practice is implemented
  • Develop a strong internal network by successfully building and leading the PC team which will include
  • both on the job training and organized classroom sessions
  • challenging the teams working practices and assumptions
  • encouragement of the teams to challenge the status quo
Key Stakeholders
Internal Stakeholders

  • Head of Treasury Product Control
  • Global Head, Product Control
  • Business and Country CFOs and their Finance Managers
  • Finance streams in key projects
  • Treasury Front Office
  • Group Internal Auditors
External Stakeholders
  • E&Y (audit)
  • Regulatory bodies as necessary (mainly PRA and MAS)
Our Ideal Candidate
Qualified or certified CA / CFA or equivalent Degree
- 8+ years of work experience of Product Control or Finance, with good understanding of financial markets products, their valuation & accounting
- Proficient with P&L analysis and Balance Sheet reporting
- Project management experience
- Exposure to facing off to Senior stakeholders in Business, COO, CFO, Finance etc
- Be able to collaborate with & supervise teams/members functioning remotely and understanding of Treasury business
Role Specific Technical Competencies
  • Financial Market and product knowledge
  • Accounting application and knowledge
  • Good communication
  • Senior stakeholder management
  • Dealing with Audit Queries
  • Detailed understanding of IFRS9 accounting and Substantiation of Balance sheet
  • Balance sheet and P&L reporting
Visit our careers website www.sc.com/careers

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