Job Description

About Standard Chartered We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you\'re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can\'t wait to see the talents you can bring us. Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you\'ll see how we value difference and advocate inclusion. Together we: Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term In line with our Fair Pay Charter, 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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Role Responsibilities Strategy Work in line with Group Strategy Business Support the unit in achieving the common goal Processes Learn and manage the process with nil error Risk Management Ensure strict adherence to various RISK policies and control around the process Governance - As applicable Regulatory & Business Conduct Display exemplary conduct and live by the Group&rsquos 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. Lead the GRU team to achieve the outcomes set out in the Bank&rsquos Conduct Principles: Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association Key Stakeholders All stakeholders in country and operations related to reconciliation, Network Management andTechnology Support Other Responsibilities . Manage account reconciliation activities covering . Nostro account reconciliations, . Internal/ GL account (suspense and sundry) reconciliations, . Trade/Stock and Position reconciliations, . Credit Card, ATM, retail branch banking reconciliations 2. Perform error free reconciliation as per procedures (DOI) / Reconciliation Policy using reports from various transaction processing and recon applications. (Prior experience of working with TLM (Transaction Lifecycle Management) or any automated reconciliation platform preferred) 3. Handle customer queries and correspondence (both internal and external) and maintain effective working relationships with all departments, country and internal stakeholders including technology teams. 4. Ensure effective follow ups and escalations, both internal and external, in resolving outstanding reconciliation items, process and system issues, as per agreed SLA / reconciliation matrix, DOIs. Ability to differentiate escalations to various senior levels depending on the nature and impact of an issue/open reconciliation break with clear articulation of the requirement and attention from them is a must. 5. Actively look for opportunities to standardize processes / automate / eliminate non value added activities and implement them for process improvements. 6. Liaise extensively with a wide set of senior stakeholders, get required support to resolve long outstanding reconciliation open items and get buy &ndashin to implement process / system changes 7. Continuously improve team productivity to the standards prescribed 8. Create sufficient back-ups for each process to eliminate key staff risk at any point of time. 9. Work to reduce System Downtime in collaboration with technology teams 10. Perform end-to-end analysis of reconciliation processes and controls and propose solutions for addressing gaps, from a reconciliation perspective. 11. Perform root-cause analysis of reconciliation errors and issues with clearly articulated mitigation plans. 12. Follow up on risks with both internal teams and external stakeholders for timely closure without becoming overdue and promptly update actions to risk teams ahead of target timelines 13. Familiarize with Group Operational Risk, Group Money Laundering Prevention and other Policy and Procedures to the extent applicable. 14. Uphold the values of the Group and Company at all times. 15. Comply with all applicable rules / regulations and Company & Group Policies. 16. Ensure adherence to all SLAs and proper updation of all logs such as TAT, system downtime, errors and exceptions log. 17. Carry out BCP tests. 18. Assist in Department & Group related projects. Qualification Graduates/Postgraduates with expertise in FM products for minimum of 4 years with basic knowledge of FX, Money Markets, Securities & Custody related settlements and reconciliation. Derivative knowledge would be added advantage. Knowledge about TLM and expertise in handling Stock and Cash reconciliation including logic building and analysis Visit our careers website

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