Lead Business Analyst- Services Costing

Job Summary

A detail-oriented and Lead (VP level) for managing financial benefits. This includes dealing with senior level stakeholders in defining and attesting benefits in high profile productivity programmes and books of work within the bank. The ideal candidate will use their analytical skills to assess costs, evaluate financial risks, and ensure compliance with industry standards and regulations.

Key Responsibilities

Strategy

• Awareness and understanding of the Group's business strategy and model appropriate to the role.
• Understanding and translating Phoenix Requirements to technical team
  
  

Business

• Awareness and understanding of the wider business, economic and market environment in which the Group operates
• Partner with Finance and Technology team in designing the optimum solution to meet Services Costing requirements.
• Lead the process transformation for Phoenix cost reporting process to meet the program deliverables.
• Partner with wider finance team to deliver reporting objectives of Services Costing
  
  

Processes

• Track and facilitate the phoenix finance process delivery, understand the delivery timelines and plan activities that will lead to the delivery of the overall plan for service catalogue costing
• Design process workflow in the most optimal manner with adequate provisions for checks and balances
• Assess the right automation solution (both interim and strategic) and oversee the delivery to ensure the outcomes are met within deadlines
• Gathering thematic requirements to prepare detailed reports and presentations for management, summarising the process ,progress made and highlighting the gaps and interventions .
• Assist in the design and execution of strategic solution for service catalogue costing
• Provide support and being able to trouble shoot and solve for issues around service catalogue costing
• Define KPI from a process perspective for all inputs and outputs of the process
  
  

People & Talent

• Connect with wider teams to understand the requirements and the process bottlenecks and propose solutions
  
  

Risk Management

• Undertake testing of process to assess the risks around the process
• Ensure adequate audit trail is maintained to satisfy audit requirements of Bank of England
• Act to minimize operational loss and audit failures and take proactive measures to respond to matters arising and identify and manage forward looking risks.
  
  

Governance

• Ensure service costing team complies with all requirement of governance forums applicable under project phoenix.
  
  

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

• Group and Country Finance Partnets
• Business Finance and Functions team (CIB, WRB & T&O)
• Group Finance
• GFS Support team
• Head of Business Performance Operations
• PMO Teams of Project Phoenix
• Technology Teams
• Initiative Owners
  
  

Other Responsibilities

Embed Here for good and Group’s brand and values in India; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Skills And Experience

Financial Accounting

Project Management

Data Analysis

Excel

User Acceptance Testing

Senior Stakeholder Management

Performance Management

SAP Technology

Qualifications

• Bachelor’s degree in Finance, Accounting, Project Management or a related field.
• 8+ years of experience in cost analysis, financial analysis, finance transformation
• Strong analytical skills and proficiency in financial modelling and data analysis.
• Proficiency in Microsoft Excel and other data analysis tools; hands on experience with SAP Analytics Cloud systems is a plus.
• Excellent communication and interpersonal skills, with the ability to translate complex information into clear reports and presentations.
• Experience and being well versed in Agile Project Delivery, Business Analysis and User Acceptance Testing
• Hands on experience on SAP technology tools
• Good understanding of technology delivery and lifecycle
  
  

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.