About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation.
This in turn helps us to provide better support to our broad client base. The Role Responsibilities
Supervise reconciliation function including all reconciliation tasks for ITO including TP reconciliation and Nostros, sundry suspense and other accounts reconciliation and substantiation.
Coordinate with Hub team and account owners, TP owners for smoothly reconciliation and clear exceptions in TP reconciliation report.
Supervise and manage the message center services in relation to fax / swift message distribution within operations units.
Manage all FCS submission for balance confirmation and substantiation for accounts under the control of the unit.
Be the operations point of contact for all finance related matters and coordinate with operations units in fulling finance control policy requirements.
Supervise all reconciliation of Nostros, sundry suspense and other accounts for ITO units and coordinate to clear exceptions in TP Reconciliation for systems IMEX / eBBS / OAF / RLS / SBL / C400 as per DOI.
Migrate to GRU new assigned accounts for reconciliation.
Perform manual reconciliation with maker-checker process for assigned accounts which are not migrated to GRU.
Work with GRU to ensure smoothly of Nostros / Sundry / Suspense reconciliation and escalation report; follow Group Policy and Financial Control Policy on reconciliation and escalation.
Update Escalation matrix for Nostros / Sundry / Suspense and TP reconciliation as per most updated Group ITO policy and Financial Control Policy.
Notify account owners to perform balance confirmation and balance substantiation, and ensure the substantiation is performed for assigned reconciliation accounts.
Upload all outstanding items in Nostros / Sundry / Suspense accounts as per standard frequency to Financial Control System in timely manner.
Ensure no failed group audit and SBV inspection in reconciliation.
Ensure dual control for all received swift / fax / scans / i-banking and deliver swift / fax / scans / i-banking to other departments in timely manner under Process note and SLA.
Conduct continuous review and initiate Quality Improvement projects to enhance internal work procedures / processes / system to achieve productivity and reduce the cost.
Willing to perform any additional tasks assigned by managers from time to time as and when appropriate
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.
Lead the CSCU Reconciliation Team to achieve the outcomes set out in the Bank’s Conduct Principles
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
ITO’s Units, Finance Department and others.