Job Summary The AVP, WRB – Segment and Products Cost Management, is a senior role in WRB Costs - Centre of Excellence (CoE), a team that owns the overall cost management agenda for all markets in the SCB WRB footprint. The selected individual will primarily support the WRB Business in the development and execution of business strategies, delivering the corporate plan, specific strategic imperatives, and providing business and financial advice and insights by working with the WRB Segment and Product Heads, WRB Segment and Product CFOs and Group WRB Finance teams. Key responsibilities include: Be the principal cost lead for WRB MT membersSupport WRB Business Finance teams on all cost mattersParticipation in segment/ product reviews across markets and GroupRepresent WRB in all forums with respect to Investments, allocations, recharges and cross business cost negotiationsPartnering with GFS and Group WRB Finance colleagues to build appropriate tech, data and analytics capability around WRB costs Key Responsibilities Strategy Build and execute strategic actions in collaboration with all Stakeholders in driving the business performance and aligned to the Bank’s Strategic PrioritiesBuild a strong team with future ready skills and excellence in the DNABuild high performance Business Finance teams driving global standard & optimised service offerings Key Responsibilities Business Being a effective Finance Business Partner, responsible to provide: Institute appropriate tracking measures on WRB Segment and Product Cost performanceSupport Segments and Products in performance management, business planning and strategic decision-makingLead Budget, Forecast and the Strategic Corporate Plan processesEnforce accountability for delivery of Budgets and Forecasts for WRB costs by engaging and influencing country business/ finance stakeholders with Standard MI, Analytics and on-going dialogue to derive commercial insightsEnsure costs & investments are aligned to business strategy, deliver targeted returns and that a culture of continuous productivity improvement is embedded in business processesBe the custodian of all WRB costs (incurred as well as service charges), provide constructive challenge to functional, tech and Operations teams on costs proposed to be billed to WRB as well as work with business to manage levers which can help reduce costsDrive WRB Cost efficiency discussions and monitor delivery of cost saves by WRB segments and productsOwn all key decisions, policies governing cost allocations principles between products and segmentsDevelop market intelligence on Operating models and Cost best practices from Peer banks and organizations and play a role in influencing adoption of the same by businesses.Translate data heavy financial information into compact and visually impactful messages.Run periodic cost forums with countries to provide ongoing updates & address outstanding queries/ issuesProvide sharp analytics and commentary on WRBs cost performance and forward looking narrativeStakeholder Management and escalation handling for the assigned markets Processes Build a culture of continuous process improvement, standardization of procedures, and implementation of a robust control frameworkWork with GFS colleagues to ensure co-operation and smooth operations.Drive simplification, standardisation, Digitization and widespread adoption of consistent MI and analytics for Countries - help drive efficiencies in the production and delivery of Cost MIUse technology to enhance delivery of Segment and Product costs, Allocations & RechargesUnderstand the changing data requirement landscape with a forward-looking focus People & Talent Lead through example and build the appropriate culture and value behaviours. Set appropriate tone and expectations from their team and work in collaboration with risk and control partnersTo lead and motivate the team, ensuring delivery on the agreed collective agendaMentor and support the development of team membersEmploy, engage and retain high quality talent, with succession planning for critical roles Risk Management Operate 1st line responsibilities of process owners as outlined under Operational Risk Framework (ORF) and associated policies and proceduresAct to minimize operational loss and audit failures and take proactive measures to respond to matters arising and identify and manage forward looking risks.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 Build and review Governance framework around Standard MI, internal controls, adherence to policy to adherence to agreed risk appetite. 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 the team to achieve outcomes set out in the Bank’s Conduct PrinciplesEffectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key stakeholders Global Head, WRB Financial Planning & AnalysisGlobal Head, WRB Cost ManagementGroup WRB Cost team and India WRB Costs CoELead WRB BPO teamWRB Business Finance Heads Other Responsibilities Embed Here for good and Group’s brand and values in Fin Operations Business Performance Team]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); Skills and Experience Performance ManagementManage PeopleStrategy & ExecutionRisk & ControlsRegulatory & Compliance Qualifications MBA, CA, CFA, ACCA with a minimum of 10 years of experience (post qualification), preferably in the Financial Planning & Analytics area Additionally, the following skills sets are a key to success of the incumbent: Experience in managing costs for a global organisation in a matrix environmentExperience in managing teams in a fast faced dynamic work environmentGood 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 management – ability to translate complex financial information into visually impactful representations for senior managementAnalytical 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.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. 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 doNever settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so wellAre 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 toolkitsA 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. 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