Job Summary*

Define key responsibilities to reflect the duties and responsibilities of this role.

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The VP, Wealth and Retail Banking (WRB) – Costs FP&A and Change, is a senior role in WRB Costs - Centre of Excellence (CoE), a team that owns the overall cost management agenda for all markets in the Standard Chartered WRB footprint.

The selected individual will primarily support the WRB Business in the development and execution of business strategies, delivering the corporate plan, specific strategic imperatives, and providing business and financial advice and insights by working with the WRB Head, WRB Business Finance and Group FP&A teams.

The selected individual will also be the single point of contact (SPOC) for overall WRB cost performance management, engagement with Group WRB Cost team, Group FP&A, and lead execution of change initiatives.

Key responsibilities include:

• Be the cost SPOC for developing material/ presentation decks for Group and WRB Management Team (including Group Performance Reviews, WRB Management Team Reviews, ad-hoc Group FP&A requests)
• Support Group Head WRB Cost Management, Cluster WRB finance leads and Product/Segment CFOs on all cost matters.
• Participation in all key reviews with WRB Group Head FP&A and Group Head Cost Management
• Partnering with GFS Cost CoE and Group WRB Finance colleagues to build appropriate tech, data and analytics capability around WRB costs.

Responsibilities*

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• Build and execute strategic actions in collaboration with all Stakeholders in driving the business performance and aligned to the Bank’s Strategic Priorities
• Build a strong team with future ready skills and excellence in the DNA
• Build high performance Business Finance teams driving global standard & optimised service offerings

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Being a effective Finance Business Partner, responsible to provide:

• Be the primary point of contact for overall WRB cost performance management including engaging with Group WRB Cost team and Group FP&A on all standard reporting & ad-hoc analysis.
• Drive change & efficiency initiatives, working closely with the WRB Business and Group WRB Cost team
• Lead Budget, Forecast and the Strategic Corporate Plan processes
• Enforce accountability for delivery of Budgets and Forecasts for WRB
• Ensure costs & investments are aligned to business strategy, deliver targeted returns and that a culture of continuous productivity improvement is embedded in business processes
• Drive WRB Cost efficiency discussions and monitor delivery of cost saves by WRB segments and products
• Develop market intelligence on Operating models and Cost best practices from Peer banks and organizations and play a role in influencing adoption of the same by businesses.
• Translate data heavy financial information into compact and visually impactful messages.
• Provide sharp analytics and commentary on WRBs cost performance and forward looking narrative
• Drive detailed conversations on WRB cost performance to derive commercial insights