Job Summary
The role is within the WRB finance FP&A team, which is responsible for the overall Financial planning and analysis for WRB businesses covering multiple segments and markets. A key objective of the team is to carry out deep research and analysis on the industry, market trends, competitive landscape, economic indicators and their impact on our business performance. The specific focus is to leverage this research to develop insights for management reviews and decision making. This role will play a key role in ensuring the WRB FP&A team maintains consistent focus on internal and external analytics thereby ensuring quality insights to business stakeholders.
The successful candidate will develop a strong understanding of WRB performance, key dynamics, drivers, and trends impacting the business. The role suits an individual with analytical, strategic, and communication skills to assess the macroeconomic and competitive landscape and provide actionable insights.
Responsibilities
Strategy
- Awareness and understanding of the wider business, economic and market environment in which the Group operates.
- Develop strong understanding of SC and WRB strategic priorities and key metrics being communicated externally.
- Analyse economic indicators that impact the banking industry such as interest rates, GDP growth etc and how they impact the bank strategy and outcomes.
Business
- Identify market trends, opportunities, risks and threats as may be relevant to the business context.
- Ability to identify and anticipate trends in the market or industry that could influence client behavior or strategic shifts.
- Ability to think critically about how market developments impact our strategy and identify opportunities for differentiation or competitive advantage.
- Work with competitor and Bank data (market share, pricing, sales performance, etc.) to make informed conclusions about competitor strategies and performance.
- Stay current with evolving competitor strategies and produce timely analysis to provide real-time insights.
- Identify key performance indicators (KPIs) and benchmarks to evaluate and compare competitors' products, services, pricing, and marketing efforts.
- Conduct SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis to compare competitors against each other and SCB.
Processes
- Gather data from financial reports, news sources, industry publications, and economic reports to support analysis.
- Make quick, clear and concise presentations using PowerPoint to communicate analysis and insights. Expert PowerPoint skills required.
- Analyze qualitative and quantitative data to identify competitor strengths, weaknesses, market positioning and strategic opportunities.
- Interpret financial statements, analyze ratios, and understand key metrics such as revenue, profit margins, and cash flow.
People & Talent
- Lead by example with the appropriate culture and values. Set appropriate tone and expectations within the team and work in collaboration with WRB finance colleagues and other key stakeholders.
Risk Management
- Develop an awareness and understanding of the main risks facing the Group and the role the individual plays in managing and communicating with the market regarding them.
- Interpret the Group’s financial information, identify key issues based on this information and put in place appropriate controls and measures.
Governance
- Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
- Responsible for delivering ‘effective governance’; capability to challenge colleagues effectively; and willingness to work with any local regulators in an open and cooperative manner.
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
- WRB CFO
- Global Head, WRB FP&A
- WRB Finance LT
- Group FP&A
- Group Investor relations
Our Ideal Candidate
- 8+ years experience in finance at a leading global financial services firm, preferably in Wealth/Consumer Banking.
- Relevant experience with corporate strategy/management consultancy preferred.
- Bachelor’s degree in business, accounting, economics or a related field.
- Ability to articulate information by way of impactful PowerPoint presentations will be well-regarded.
- Qualified Accountant i.e. CPA, CMA, ACCA or equivalent, or MBA (Finance) preferred.
- Excellent written and verbal communication skills to effectively manage varied stakeholders and global teams within finance and business.
- Proficiency in working with data (market share, pricing, sales performance) and deep understanding of the industry, including trends, regulations, key players, and market dynamics.
- Effective collaboration with business and strategy teams to ensure competitor insights are integrated into broader business strategies.
Role Specific Technical Competencies
- Financial analysis
- Presentation skills
- Market research
- Analytical skills
- Interpersonal skills
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.
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.
Visit our careers website www.sc.com/careers
Profile Description
Standard Chartered Bank