Job Details

Subscribe to Top jobs & Latest Jobs alert
#1 Latest Jobs in Nigeria today - Top Jobs in Nigeria - Job Vacancies; Career Advice Stay ahead of the curve, be the first to know of any new job opening, current jobs and top jobs in Nigeria today

Employability_Skills_Training_Feb_Edition

Senior Manager, Business Finance at Standard Chartered Bank

Job Description

  • To add value to the strategic direction, planning, budgeting and performance of the Financial Markets business.
  • Provide financial advisory to all FM projects, initiatives, deals and transactions to ensure they create value.
  • Analyse and interpret the Financial Markets business performance and trends and suggesting remedial action.
  • Actively review and assist in planning business costs to ensure value for money and a lean cost base.
  • Ensure FM’s Management Accounting Systems are robust for the accurate and timely collation, analysis and dissemination of information.
  • Support ALM Balance sheet analysis and forecasting to ensure effective control of the Liquidity and Market Risk.
  • Ensure that the FM performance and balance sheet forecasts are robust and adequately tracked.
  • Analyse and interpret the operational and competitive trends likely to affect the business operations, including performance gaps and suggested remedial action.
  • Establish processes to ensure the necessary Financial Control disciplines are adhered to within the FM Business and the inherent operational risks have been identified and satisfactorily managed.
  • Entrench a no surprise culture by proactively communicating with stakeholders, CFO, Regional Finance and Business.

Job Responsibilities
Business Partner:

  • Analyse, challenge and provide insights to ensure that the business strategy is robust, competitive and will ultimately enhance shareholder value.
  • Regularly monitor the competitive positioning and the key performance metrics of the FM Business.
  • Drive greater focus on returns through competition, RWA and Cross Sell analysis.
  • Strengthen RWA utilisation and reallocation framework and ensure it is correctly computed.
  • Regular monitor the competitive positioning and key performance metrics of the WB business to ensure that market share is protected and enhanced.
  • Provide enhanced commentaries on performance through P&L attribution and Balance Sheet commentary.
  • Provide forward looking analysis and challenge the status quo.
  • Enforce performance accountability for the delivery of budgets and scorecards.
  • Ensure that the FM Balance Sheet is aligned to deliver performance targets and is continuously leveraged to deliver optimum revenues.

Reporting:

  • To ensure FM monthly reporting is timely and accurate.
  • Review daily P&L and highlight any gaps noticed in reviews.
  • Review cost base to ensure Value for Money (VFM) and accurate reporting
  • Develop relevant scorecards for tracking performance of the FM products.
  • Ensure that the FTP framework and cost allocation methodologies are consistently applied.
  • Ensure ALCO objective and directive are properly implemented by the ALM/FM business.
  • Eliminate AvF breaks through daily reviews of DPL to the Ledger.
  • Ensure that Daily and weekly Balance Sheet forecasts prepared by ALM is accurate and provides relevant information.
  • Review and escalate any issues in daily Trial Balance reviews

Budgeting and Planning:

  • Co-ordinate the formulation of the Business operating plans/budget and monitor progress towards its achievement, drawing attention to important trends opportunities to maximise earning and minimise risk.
  • Extract agreed KPI’s for tracking Financial Markets financial achievement against budget.
  • Ensure that budget and forecast Balance Sheet reflect reality and ensure that P&L projections are reflected in product profitability and reporting.
  • Provide financial input and co-ordinate the formulation of the Business operating plans/budget and monitor progress towards its achievement, drawing attention to important trends opportunities to maximise earning and minimise risk.

Financial Risk & Control:

  • Ensure that FM business reporting complies with taxation, capital, regulatory and statutory requirements.
  • Ensure a robust risk is in place to track potential risk especially in the regulatory and market environment as it affects Financial Markets.
  • Review country addendum and product programs to ensure that tax and group policies have been accurately reflected.
  • Ensure disciplines and principles from the Group Management Accounting manual and Group Accounting Policy Manual are consistently applied.

Project Management:

  • Assist in the evaluation of projects which are specific to the FM Business in accordance with Group and local guidelines and contribute fully to their implementation.
  • Ensure that project accounting disciplines and tracking mechanisms (including benefits tracking) are in place for all Financial Market projects.

Job Qualifications 

  • MBA in Business, or Accounting or Professional Qualification – CIMA, CPA, ACCA or its equivalent plus at least ten years post Qualification years experience, four of which should be in senior management position with relevant / specific banking experience
  • Team player
  • High level of computer literacy and understanding of business computing environments
  • Knowledge of the Banking Products
  • Strong knowledge in Management and Accounting principles
  • Strong analytical skills and an eye for detail
  • Good communication and interpersonal skills
  • Knowledge of Internal markets and dynamics
  • Fair degree of understanding of economics

Mode of Application
Interested and qualified candidates should:
Click here to Apply

Apply Now Save Job

Jobs in Nigeria | Latest Jobs in Nigeria | Top Jobs in Nigeria Today | Current Jobs in Nigeria

 

Share post

Digital Marketing Training

Tags

Related Jobs