Director, Business Finance Head, WRB Taiwan

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.
Job Summary

• Overall financial management of the Consumer, Private & Business Banking ("WRB") businesses for Taiwan - The role focuses on partnering with the business on strategic growth initiatives with a view to driving income growth, while ensuring an optimal and efficient cost base, in addition to balance sheet management.
• Support the delivery of performance by delivering high quality and effective management reporting of WRB - This will include financial performance and reporting and presentation of Management team reports, financial controls including month end closing, budget / forecast process and Balance Sheet Management or stress testing related tasks.

Key Responsibilities
Strategy

• Provide critical support to the TW WRB Finance Head on strategy formulation. Coordinate forecasting, budgeting and monthly reporting cycles in co-operation with business stakeholders and Country/Region/Group.

Business

• Partner with business stakeholders to drive and manage Taiwan WRB performance:
• Analyze business performance, highlight opportunities/risks and work with business to identify plans to achieve committed financial outcome.
• Work with business in managing costs through efficient investment management & cost control process.
• Partner with business on strategic growth initiatives - Assess, review and provide guidance to business regarding, pricing / repricing strategy, product mix, sales performance, cost of funds.
• Actively contribute in Balance sheet management for strategic planning, opportunity and risks identification and optimizing leverage on WRB and overall TW balance sheet.
• Assume the role and responsibilities of WRB related committee members, e.g., Lending Pricing Committee, CFLIP Committee (Country Frontline Incentive Plan), OSPRC (Offshore Structured Product Review Committee), WRB MT Meeting, etc

Processes

• Collaborate with Region/Group Business Finance and Country Finance teams in providing quality, insightful & timely management information to senior management.
• Financial controls and month end closing.
• Support TW ALCO for balance sheet inputs and analysis, along with key balance sheet trackers.
• Ensure regular and ad-hoc management reporting requirements from Region/Group and local country management team are met.
• Capital adequacy testing related works, e.g., country or cluster ICAAP, stress testing.

People & Talent

• Ensure management and development of staff.
• Participate and ensure appropriate WRB Business Finance's representation in all projects when required.
• Ensure GFS service levels are maintained in line with onshore requirements.

Risk Management

• Ensure robust financial processes in place to report balance sheet, profit and for WRB segments and products in an accurate and timely manner.
• Ensure compliance with Group / IFRS accounting principles and practices, Financial Control policy, and other regulatory accounting guidelines.
• Ensure timely and correct submission of financial returns to various internal and external authorities and stakeholders.

Governance

• Actively contribute towards helping bank meet prudential ratio management and financial controls policy

Regulatory & Business Conduct

• 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. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

• Taiwan WRB Management Team
• TW WRB Finance Head
• Group & Regional WRB Seniors
• TW Country Finance Team
• TW Country Treasury Tea

Other Responsibilities
Embed Here for good and Group's brand and values in Taiwan WRB Business Finance Team. Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Qualifications

• EDUCATION: Bachelor's degree or Equivalent
• TRAINING : 10+ years of relevant experience in the financial services industry:
• Experienced in consumer banking products accounting, booking models, performance analysis and management.
• Sound understanding of IFRS and TIFRS accounting standards requirements, business analysis techniques, risk management methodologies, project management techniques.
• A high degree of integrity and ability to challenge the views and actions of others in a constructive manner.
• Prior experience in managing senior-level business stakeholders.
• LANGUAGES: Written and Verbal Proficiency in mandarin and English

Skills And Experience

• End to End understanding of CIB Business in particular Banking and Transaction Services Products
• Leverage Key Performance Indicators to drive Business Performance
• Leverage Financial Analysis to interpret and drive accurate conclusions of business performance and forecast
• Create, implement, evaluate and enhance Internal Control Processes
• Understand Credit Risk management and its implications for RWA and EC
• Understand FTP & the interplay with Business Cost of Funds and Net interest margins
• Understand booking and p&l recognition of derivative products in particular FX and Interest Rate Swaps and their hedging applications

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What We Offer
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 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.