Senior Manager - Governance

  • Chennai
  • Confidential
  • 9-14 years
  • Views
  • 10 Sep 2018

  • Audit and Assurance

  • Banking - Retail
Job Description

The role is responsible for ensuring compliance with BCBS239 requirements for Financial Reporting activities. The activities include Finance Process Universe / ORF refresh, Documentation on Risk Management /Data and BCBS Self assessment in the system along with production of evidence of compliances. The incumbent is also expected to proactively drive compliance on Risk and Governance initiatives to continuously enhance the global process, whilst maintaining the highest levels of governance and controls. RESPONSIBILITIES: (Summarise all responsibilities and accountabilities. Clarify if the job holder leads or supports others; as a minimum, the following areas should be covered) Strategy Represent C2R in the required Governance forums along with the GPM or his delegates Participating, understanding and guide on key transformation and Change programmes like IFRS9, FR Automations to drive sustainable solutions and process improvements. Providing governance to the Aspire solutions implemented for Close to Report. Business and Operations The role will be the single contact for BCBS Governance related engagements in C2R. Review ORF during the annual refresh or if there are significant changes during the year, on a need basis Perform Self Assessment as part of BCBS annual compliance requirement. This will include providing commentaries to the assessment, identifying documentary evidences to corroborate with the assurances in the commentaries (Evidence of Compliances) Maintenance of Priority Reports, CDEs and CRMs for Group Financial Reporting processes. Understand the Informatica/Metadata tools which will warehouse the updated version of Business Glossary for CDEs, CRMs and Priority Reports. These are subject to annual/half yearly attestations Participate in the Data Flow diagram digitisation and ensure corroboration with the data in Informatica Prepare and review Packs for BCBS Self Assessment and the attestations with the CRO Update GPM with the significant inconsistencies before reviews with the CRO Work closely with multiple stakeholders across Country finance, Group Finance, BCBS, Data Standards teams, other GPM/COE teams and manage expectations Maintain updates on all Data documents and data dictionary for BCBS compliance Establish governance processes for Manual File uploads (MFUs), Manual adjustments (PSGL Adj layers, CPAJs). Review this on a periodic basis (quarterly suggested) and provide performance reports to the GPM. GENERAL Complying with all governance requirements Process metrics review, Service review calls, BCP. Coordinate with internal and external auditors to provide timely information and support Actively participate in solution design and delivery for new developments such as IFRS 9 and Aspire Collaborate internally within GFS on data/process enhancements in appropriate forums like PTAT. Developing and implementing continued professional training for employees in partnership with the Learning and Development team. Coach, mentor employees to build a high performance team. Implement an effective governance process to sustain process standardization and automation Identify unique needs of country and group teams; build a robust service delivery model that does not disrupt the process organization Engage and collaborate with Country and Group teams for process, knowledge and change management Ability to comprehend, embrace and execute complex change programs within the Teams Exploring, promoting and driving process efficiencies through internal and external discussions with relevant teams (Process Improvement & Automation, Lean) Financial Drive operational excellence in operations through leadership in the development and implementation of re-engineering initiatives, building scale in the sub-units and maximizing efficiencies in country to create capacity to invest in building capability. Achieve all financial targets set for the year. People and Talent management Provide strong leadership to the team; attract, retain and develop finance professionals in the unit, to effectively execute work load and support / advise the stakeholders Embed a high performance culture within the Team and ensure a robust approach is taken to deliver high quality succession pipelines. Ensure all staff are attending mandatory training programs and also arrange for domain based training wherever required. Governance and Risk Management Perform process risk analysis to identify the gaps in the existing process. Embed the Groups values and code of conduct in the role remit to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations. Ensure review of process documentation of all processes once in 6 months Ensure all staffs are attending mandatory training programs and also arrange for domain based training wherever required. Support internal & external audits and ensure nil adverse comments. Driving the RM engagement with the designated countries and ensuring strengthening of the GFS engagement with the key stakeholders. Lead and drive the monthly dashboard calls with Stakeholders with key process metrics and forward looking actions. Complying with all governance requirements Process metrics review, BCP. Coordinate with internal and external auditors to provide timely information and support. Key Stakeholders Group Financial Controller Group Chief Accountant Global Process Manager OR Governance, London BCBS 239 Data Standards Team BCBS 239 Project Team, Singapore Key impacting Project / Programme Teams IFRS9/Aspire Other GPM/CoEs in GFS KNOWLEDGE AND SKILLS: (List typical pre-requisites for high performance) Knowledge 9+ years work experience in Financial Accounting, Reporting and a reasonably good, technical Accounting experience. Qualification / exposure on Risk & Governance roles will be an added advantage Have a sound knowledge on banking products Knowledge of Finance policies, procedures and processes and how to deliver and support managers in effectively managing their teams Knowledge of IFRS reporting standards and practices Extensive working experience in different financial and accounting systems Experience of working in a global financial services organisation in a matrixed environment. Skills Good eye for detail and with a strong focus on Controls and compliance to policies and procedures. Ability to problem solving managing complex situations and identifying solutions that support the business Ability to form effective relationships with key stakeholders. Excellent communication - clear oral and written skills, effective questioning and active listening Analytical skills including proficiency in MS Excel and MS PowerPoint. Strong stakeholder engagement skills and ability to work with cross cultural teams. Working experience in a matrixed environment. Self motivated individual and able to drive results. And able to work independently. Strong team player and has the capacity to build good working relationships with cross functional / geographical teams Facilitate and coordinate multiple deadlines, create cohesive teams, and respond quickly to management requests. Proven ability to perform under pressure and stress and to adjust plans to meet changing needs and requirements. Strong Influencing skills to drive actions under complexities. Ability to multitask and prioritize diverse tasks.

Job Posted By

Reema Nambiar

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