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New role to support the development of service pricing framework, developing processes to enable traceability of Tech Cost in the event separability (requirements for Phoenix & Mitto). Extension of Cost Simplification efforts breaking down Tech costs to sub products to enable compliance. Key faceoff with Tax, Tech & Service Mgmt Office
Job Responsibility:
Provide support to Tech CFO & Head of Tech Service Pricing developing framework, systems & process to ensure cost transparency meeting the requirements of separability for Bank-wide Technology costs
Support the establishment of Service Pricing for the Technology Function in line with the strategic agenda of Technology
Establish a framework to manage end to end recharges, including Tech Services & pass throughs for end user services, providing end to end cost transparency in line with key regulatory requirements to enable separability
Support the framework to enable unit-based pricing for technology, developing unit rates and enabling dynamic demand forecasting
Thorough understanding of the underlying cost drivers and conduct regular deep dives to identify and validate cost opportunities
Support development requirements for PAPM to establish Bill of IT & maintain pricing tools & reporting for Technology Service Owners to enable compliance with regulatory framework of Phoenix & Mitto
Maintain appropriate policies and procedures which govern Service Pricing to ensure that the cost budgets are rigorously adhered to
Management of cost processes relating to the Technology Service Pricing, including cost recharges and accounting treatment
Ensure compliance with accounting standards, regulatory requirements and management reporting and policies
Provide coaching and mentoring to offshore team, building out team’s capability and fostering a business partnership mindset
Ability to interpret the firm’s financial information, identify key issues based on this information and put in place appropriate controls and measures
Ensure compliance with Group Accounting Principles and practices, Financial Control policy, and other regulatory accounting guidelines
Have an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
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
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Requirements:
12+ years in finance, specializing in Tech Finance
Preferably Qualified Accountant (CPA, CMA, ACCA)
Proven track record in driving cost efficiencies in technology and financial control
Strong FP&A, analytical, and lateral thinking skills
Knowledge of technology and operations recharge models, and familiarity with the bank’s financial systems and control frameworks
Excellent communication and influencing skills, with confidence to engage with senior stakeholders
Strong commercial acumen, decision-making capability, integrity, and accountability
Collaborative team player, inquisitive self-starter with a ‘can-do’ mindset
Ability to multi-task, handle changing priorities, and manage multiple projects
What 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 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
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