• Associate Vice President Jobs in Chennai,India - 25320405

  • Standard Chartered Bank Ltd
  • Save Job
  • 10 - 15 Years
  • Posted : above 1 month

Job Description:

About Standard Chartered

We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East

To us, good performance is about much more than turning a profit Its about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good

Were committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation This in turn helps us to provide better support to our broad client base

The Role Responsibilities

Service

Responsible for managing assigned PvB Securities HUB end to end at GBS IN Hub
Should have hands on experience in Managed Investments, Wrap, Signature Portfolio, Fixed Income and other Wealth Products
Ensure all the critical activities like Order placement, Settlement, Corporate Action announcements and Asset Servicing of all the above-mentioned products Order are reviewed and monitored closely
Ensure all TATs are met, as per agreed SLA with respective countries
Ensure 100 PERCENT accuracy in all assigned processes
Explore the possibility of automation of various processes resulting in TAT reduction and improved accuracy
To have cordial engagement with all internal & external stakeholders
Ensure all transactions are correctly updated in assigned Private Banking applications through proper data uploads/inputs
Ensure that the team achieves acceptable Voice of Business Partner / My Voice score
Ensure timely query handling and all queries are comprehensively analysed to fix issues

Risk

Understand technical aspects of systems relevant to Private banking, Process Risk Assessments and Process Management
Align/support with the alignment of relevant systems and controls to industry best practice and close out any risk / compliance gaps
Apply Group Private Banking related policies and processes to manage & mitigate risks
Assist in improvisation and/or implementation of the risk management frameworks (eg ORF) including methodology, governance / process, analysis and action planning
Ensure all required controls and procedures are adhered in all processes
Ensure Well Controlled & Advanced audit rating in both internal and external reviews
Perform review of process notes / department operating instructions on roll-out of process change or on a pre-agreed periodicity, as appropriate
Review lessons learned from audit findings, Risk / Specific reviews & Past Errors and propose control improvements, enhancements & simplifications in the Corporate Action processes
Ensure BCP capability is developed for all critical processes in the unit

People

Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm
Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm
Ensure that the Performance Objectives are properly defined to all reportees
Ensure constructive performance review & feedback mechanism is followed
Develop proper training tools within the unit to ensure staffs are trained across various processes

Regulatory & Business conduct

Display exemplary conduct and live by the Groups 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
Support the team to achieve the outcomes set out in the Banks Conduct Principles Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
Support relevant stakeholders to respond to regulatory questions

Others

Deliver cost save initiatives
Support all migration activities related to the current team and all other team to be added in future
Support Project Enable & All Group Level Projects & Change Management
Reduce Process Wastages and multiple Hands-off
Implement Group Standards for PvB Process related to PvB Securities Hub

Key Stake Holders

Group Teams in PvB
Client Journey Owners and their Delegates
In country operations Head
In country product / business Heads
BORM - Hub
Project Enable Lead (Group & Country)
Project Managers of Each project

Our Ideal Candidate

Graduation / Post Graduation (Preferably CA, CS, CMA, MBA)
10 to 15 years of Relevant Experience in Wealth/Securities Operations/Processes
Good knowledge of Global Wealth Products/Processes
Ability to drive and implement change

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Chartered Accountant/CPA
Salary : As per Industry Standards
Deadline : 03rd Jun 2020

Key Skills:

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