• Head Payments and Financial Transactions Jobs in Chennai,India - 25099226

  • Standard Chartered Bank Ltd
  • Save Job
  • 10 - 15 Years
  • Posted : 24 days ago

Job Description:

The Role Responsibilities Core Deliverables Core delivery Capacity Management , work force management, productivity and load balancing Delivery against agreed service standards (TAT, Accuracy, Referrals) including all financial settlements to all external entities Service management through forums like SRMs discussing service trends, key business strategies and actions required to be taken Ensure accounting accuracy , reconciliations , across client life cycle of financials and transacting Revenue accounting, tax compliance both WHT , VAT , GST etc Deepen end to end digital capabilities from Multi touch to single touch to zero touch processing Cost Management Manage costs within Budgets/Forecasts and deliver against budget targets for cost saves Monitor cost trends / unit cost and identify opportunities for reducing the same through automation and other initiatives Monitor and track margin trends and maintain at optimal levels at all times Futuristic estimation of costs and provide budget/forecast inputs Review and Approve spends in line with delegated authorities and as per Group policy and procedures Risk Management Proactive identification, preventive controls and mitigation of key process / operational risks Strong detective controls and continuous learning and fixing from risk incidents Ensuring timely reporting of risk items as per the Group Risk Management Framework Drive risk management initiatives across the unit resulting in minimal or zero breaches and zero regulatory breaches whether data related or others Ensuring adherence to all Group Policies and Procedures and adequate training to staff to ensure compliance at all times Ensuring business continuity strategies are in place and tested at regular intervals as per standards agreed with country stake holders People Management Ensuring talent on boarding and retention with succession plan in place for key roles and maintaining healthy bench-strength and leadership pipeline Ensuring framework for objective performance assessment of all team members Ensuring right-skilling among team members and training /certification for specific roles Enabling a conducive environment for people including effective engagement Business & Service excellence Enable and encourage continuous improvement initiatives for delivering end to end superior client experience and value proposition for both client and bank Client obsession and Identify strategic opportunities for transformation of service standards Support and lead change initiatives and provide feedback for change proposals Deliver sustainable cost saves and service levels on par with or superior to competition Leadership Contribute to overall Retail Banking Operations leadership forum Set strategic goals and guide teams for achieving results Support growth and development opportunities for talent management and retention Engage key stakeholders and support functions for strategic initiatives and transformation Key Stakeholders RB COOs, Country Servicing and Transacting heads and region heads Country Payments and financials head Global RB COO, Servicing and Transaction, and teams Co Unit Heads in GBS India, Malaysia and China Support Function leads (HR / Finance / Tech / Training / Operational Risk) in GBS India and Global teams Our Ideal Candidate Domain knowledge and execution focus Strong understanding of banking products both deposit and lending products, mobile , digital and cards settlement standards, dispute management, business model, service model, client, market, and segment requirements, and all associated core platforms,, product and process standards, strong execution focus and operating controls Business strategy and financials linkage Understand business strategy, value proposition, client value proposition, income, revenue, cost, risk optimisation, capital implications, including risk return reward ratio Risk Management, governance, and controls Deep understanding of processes, processing platforms, operations, service and technology, and ability to leverage on technology and automation, and effective risk management and governance controls including effective compliance controls, oversight Strong accounting and tax compliance expertise Role requires deep expertise of accounting intricacies, reconciliation and validation controls both transaction and life cycle related , product control and revenue accounting areasincluding understanding of roles and responsibilities in relation to financial control policy and internal, external audit requirements Role requires good understanding of WHT, VAT, GST compliance aspects based on client transactions Leverage and deepen digital capabilities Strong digital focus and understanding of digital capabilities to deepen penetration of digital capabilities and straight through processing , both zero touch and single touch Strong team management, people management Strong people management, performance management , talent management and collaborative mindset

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate in Any Specialization
Industry : Wellness / Fitness / Sports / Beauty
Functional Area : Accounts, Finance, Tax, Company Secretary, Audit,
Role : Finance/Budgeting Manager
Salary : Not Disclosed
Deadline : 12th May 2020

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