Standard Chartered PLC is a leading international bank, listed on the London, Hong Kong and Mumbai stock exchanges. It has operated for over 150 years in some of the world’s most dynamic markets and earns more than 90 per cent of its income and profits in Asia, Africa and the Middle East. This geographic focus and commitment to developing deep relationships with clients and customers has driven the Bank’s growth in recent years.
With 1,700 offices in 70 markets, Standard Chartered offers exciting and challenging international career opportunities for around 85,000 staff. It is committed to building a sustainable business over the long term and is trusted worldwide for upholding high standards of corporate governance, social responsibility, environmental protection and employee diversity. The Bank’s heritage and values are expressed in its brand promise, Here for good.
Standard Chartered Bank - Nigeria – SCB (Nigeria)
•To act as back up to the Head of CB Business finance
•Ensure the monthly financial performance report is accurate and complete
•Produce a detailed profitability review of existing products and new products
•Collate the CB monthly forecasts in conjunction with VC GMs
•Provide financial input into the drafting of PAR within the CB business
•Provide the operational and competitive trends likely to affect the business operations, including performance gaps and suggested remedial action
•Actively review and implement strategies to ensure value for money and a lean cost base
•Ensure the necessary Financial Control disciplines are kept within the CB Business
•Provide financial input into the PPD review process
•Collate and consolidate the CB business budget
Key Roles & Responsibilities
•Collect and present relevant financial data to help in the formulation of the strategy of the businesses.
•Partner business in establishing a low, and value for money cost base
•Assist business in analysing variance reports and variations from stated strategies
•Assist business to undertake the financial analysis of the Business monthly financial performance
•Undertake regular financial analysis of new and existing products within each of the Business Value Centres highlighting the impact on business performance and the risks of such products
•To ensure CB monthly reporting is timely and accurate at both product and Value centre levels. This includes the consistent application of the Funds Transfer Pricing and Cost Allocation methodologies
•Ensure all CB revenue and costs have been factored into the monthly management reports
•Provide back-up details of CB revenue and costs as required
Budgeting and Planning
•Provide financial inputs and collate the formulation of the Business operating plans/budget
•Undertake regular checks to ensure that the financial control policy is consistently applied in CB
•Track all the CB value centre costs and commitments to ensure they are in line with the agreed strategy and business plans
•Assist in the evaluation of projects (through post implementation reviews) which are specific to the CB Value Centres in accordance with Group and local guidelines.
•Provide financial inputs into the preparation of PARs
•Act as the Responsible Person for WB business Finance
•Ensure that the planned actions to correct the observed control gaps and exceptions are promptly undertaken.
•Undertake ad hoc projects and assignments as agreed with Line Manager.
Qualifications & Skills
•MBA in Business, or Accounting or Professional Qualification – CIMA, CPA, ACCA or its equivalent
•4 – 6 years banking experience is required.
•High level of computer literacy and understanding of business computing environments
•Knowledge of the Banking practice and Products
•Strong knowledge in Management Accounting principles
•Strong analytical skills and an eye for detail
•Good communication and interpersonal skills
In compliance with the National Youth Service Corps (NYSC) Act of 2004, all applicants should ensure that they have completed the mandatory NYSC programme. A discharge certificate will be required as evidence of completion of the programme. Where an exemption has been granted, a certificate of exemption will also be required.
Diversity & Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.