This role is related to Central FP&A; in TOF and person will be responsible for Business partnering, Financial Planning and analysis, monthly cost reporting, Cost allocation and recharges.
Governance & Policy: Explicit accountability matrix to drive and influence cost behaviour that are RoTE accretive
Redefining cost lines and ownership based on cost type and influenceability to align with performance management framework
Key Responsibilities
Process Improvement:
Simplifying, standardising and automating cost booking model,
allocation processes and reporting framework across countries /business units / segments to reach a harmonised and centralised one firm approach, light to No-touch processes flows, enabling front to back visibility of costs for CIB and WRB business and address inconsistencies to booking to chart of accounts
Technology and Data:
Adoption of Enterprise Solutions by rationalising and consolidating applications to reduce technology and support cost: licensing, hardware and maintenance support.
Establishing a centralised cost driver database for single source of data and data lineage across a refined number of cost keys, capturing financial and non-financial data to enable automated allocation keys and driver-based insights, linking directly to the P&L.;
People:
Creates capacity in the cost teams to move away from data collation/reconciliation to driving insightful analytics through greater access and consistency of quality data.
Will be responsible for being part of Cost Simplification Programme by bringing in
📌 Senior Manager (Bengaluru)
🏢 Standard Chartered Bank
📍 Bengaluru
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