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P2P Lead, New F Reporting

Standard Chartered Bank
Singapore, Singapore
Closing date
Aug 23, 2022

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
The Role Responsibilities
A key priority for finance in 2022 is to move forward with a multi stream strategic planning agenda that will address some of the fundamental challenges and capability gaps that exist within the process today.
Planning has long been highlighted as a process that needs significant investment in SCB, however due to competing priorities in recent years has struggled to get the necessary investment to make material difference. However, in 2022 there is a mandate to move forward with critical changes that will act as enablers for finance's transformation journey and also improve the banks' ability to make effective forward-looking decisions through the use of agile scenario planning capability.
The first phase of the program has four key workstreams:
  • Document Group Planning Strategy - As part of program mobilisation a clear strategy will be documented that will be socialised across key stakeholder groups to align on priority areas and ensure there is strong top down support from management as the initiative progresses.
  • Develop capability to support a Financial Plan on the new SAP infrastructure - With the transition away from management reporting onto an "F" based performance management view in 2024 the planning process needs to also be aligned. This initiative will look to define the core requirements of the future F plan as the primary view, and subsequently integrate into the new SAP strategic infrastructure moving away from the current Oracle solution.
  • Scenario Planning - A fundamental gap in finance's capability is the ability to run macroeconomic scenarios in an agile and automated way to effectively support management decision making and meet regulatory demands. This initiative will look to enable this capability using the new infrastructure, while also integrating where possible with the Stress Testing solution.
  • Workforce Planning - One of the current pain points in the planning process is the apparent disconnect between Headcount and Cost forecasting. There are numerous reporting challenges with this across both Finance and HR and there is a keenness within the associated leadership teams that we are able resolve this through a strategic solution. As part of a future rollout of a new planning solution a workforce planning capability is one of the top priorities.
F Reporting - Financial Plan Lead
With most of the Corporate Plan stakeholders being based in Singapore a new contract role is being created to support the delivery of the new Financial Plan capability. The Financial Plan lead will have responsibility for several critical aspects of delivery from understanding initial business requirements, supporting process and technical design, supporting technical development, co-ordinating agile based delivery model, stakeholder management and communication and transition of the new process into a live BAU environment.
The role will require strong prior experience of planning processes and technology within a financial services organisation and have had responsibility for engaging senior stakeholders as part of the role. The role will report directly into the Head of Change Delivery for Planning and Stress Testing and will be supported by a team of business analysts and a system development team.
Key Responsibilities:
  • Operational leadership of the F Reporting workstream, managing day to day activities and ensuring continued alignment to business outcomes and milestones
  • Establishing an effective delivery model and plan that aligns with New Ways of Working principles
  • Provide thought leadership and leverage process/domain expertise to lead process reengineering and change initiatives opportunities.
  • Partner with Head of Planning and Stress Testing / Global Process Managers and leaders to design and implement Standard Global Processes across all areas of planning and track implementation effectiveness and gaps on a continued basis
  • Required to support detailed design of the Strategic Planning solution
  • Manage senior stakeholder engagement and communication to ensure continued alignment of project delivery
  • Detailed process documentation to align with system solution design
  • Partner with the Technology team to ensure solution architecture is well documented and approved at the necessary design authorities, and that all compliance and governance requirements are met.
  • Engage with other change partners including technology / third parties to ensure design / Delivery issues are identified and resolved effectively
  • Lead documentation of target operating model / process design
  • Understand the pain areas and provide recommendations for a more efficient and effective end to end Group Planning process including technology related aspects
  • Partnering with other GCFO workstreams to ensure comprehensive end to end working design and integration
  • Ensure effective integration with the wider SAP and Non-SAP applications
  • Support system readiness in preparation for testing cycles
  • Working with testing team, drive system testing and support user community through the UAT phases
  • Conduct solution impact assessment and support engagement with ACFO community through approval and acceptance phase
  • Successful conversion of solution into live production operating rhythm, supporting GPO's and product owners through all aspects of transition
  • Build strong relationships with key delivery partners, and ensure efficiencies and synergies are realised across programmes.
  • Ensure effective governance and project management standards are applied across all delivery responsibilities
  • High quality written and verbal communication skills, with the ability to focus on multiple initiatives and subjects at the same time
  • Risk and Issue management and resolution, ensuring they are correctly documented and actioned through to completion.
This role requires strong leadership and project management experience, good techno functional design skills along with experience in implementing new technology platforms from design through into BAU. Strong business analysis skills, sound process definition experience, ability to learn and understand the functional areas and data requirements and good interpersonal skills to engage with stakeholders across multiple locations are all preferred skillsets.
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.

Our Ideal Candidate
  • 15+ years of experience working within financial services, preferably finance, performance management, Group Corporate Planning, Budgeting Restatement, Target setting and Forecasting processes and or change management responsibilities
  • Strong strategic mindset coupled with a thorough understanding of Planning processes in Banking Industry to drive change will be an added advantage.
  • Experience in engaging and communicating with senior business stakeholders
  • Strong core change management experience, with prior technology implementations preferred
  • Experience working in an Agile change environment
  • Experience in gathering and documenting business & functional requirements
  • Strong skills with core Business Analysis toolset and techniques
  • Sound understanding of finance technology toolsets and capabilities
  • Ability to design process / operating model at both a conceptual and operational level
  • Strong background in problem solving, with demonstrable analytical skills
  • Experience in transitioning new solutions into a BAU operational environment.
  • Ability to work effectively under pressure, multitask, lead through ambiguities, influence where he/she does not have direct authority & build on unstructured formative situations
  • Strong process management and reengineering skill set, including experience of system and process change initiatives
  • Experience in operating within large virtual teams and relationships across a complex network of stakeholders including senior management

Role Specific Technical Competencies
  • Performance Management Reporting
  • Country Finance Reporting
  • Systems and Processes

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 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.
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