Standard Chartered India | Manager-Internal FC Framework

Responsibilities

• We are seeking a skilled and experienced Risk and Control manager to document and maintain process and controls documentation for the financial control team within GCFO.
• The candidate should have a deep understanding of Sarbanes-Oxley (SOX) requirements for internal controls over financial reporting (ICOFR) which have been encapsulated within the bank’s financial reporting controls framework (FRCF).
• The candidate will be responsible for identifying and mitigating risks and enhancing the internal control environment within GCFO.
• This role requires a deep understanding of financial reporting processes, risk management, and regulatory requirements.
• The successful candidate will be working with colleagues across GCFO, Finance Risk & Governance and business stakeholders across the wider bank to successfully implement controls that help GCFO meet ICOFR requirements.
• Work with first line control owners to design and implement robust internal controls to ensure the accuracy and reliability of financial reporting.
• Evaluate existing internal controls and implement improvements to enhance control effectiveness.
• Work with and assist first line teams to ensure controls are properly documented and maintained.
• Reporting and Communication: Act as the primary liaison with the Finance Risk & Governance team for the completion of FRCF lifecycle activities on behalf of GCFO.
• Work with the second line Finance Risk & Governance team to help ensure all issues and control deficiencies are logged within the bank’s strategic GRC tooling and the impact on ICOFR is risk assessed.
• Design and implement robust internal controls to ensure the accuracy and reliability of financial reporting.
• Evaluate existing internal controls and recommend improvements to enhance control effectiveness.
• Work with process owners to update process and controls documentation to reflect changes in business process or supporting technology/ systems.
• Work with process owners to ensure that controls that fail design or operating effectiveness testing are suitably remediated.
• Maintain a positive attitude with the motivation to work under pressure and deliver on multiple deadlines.
• Support the team lead with providing inputs to the Finance Risk & Governance team for governance papers including information to populate supporting dashboards and metrics on all FRCF Lifecycle activities that impact Group Finance.
• Training & Education: Help first line control owners understand and meet regulatory requirements relating to ICOFR either by helping to deliver existing training materials for ICOFR or by setting up bespoke training for first line control and process managers/owners.
• Help Finance Risk and Governance team coordinate and manage control testing activities with first line control owners.
• Help upskill GCFO staff, so they understand ICOFR requirements and best practices.
• Help the team lead to ensure that GCFO Financial Control complies with regulatory requirements prescribed within the UK Corporate Governance Code for internal controls over financial reporting by ensuring process and controls documentation is regularly updated and defective controls are remediated.

Requirements

• Ability to form effective relationships with key stakeholders.
• 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.
• Proven ability to perform under pressure and stress and to adjust plans to meet changing needs and requirements.
• Minimum of 5 years of experience in risk management, internal controls, auditing, or a related field, with a focus on SOX compliance.
• In-depth knowledge of SOX regulations, internal control frameworks (e.g., COSO), and financial reporting processes.
• Strong analytical and problem-solving skills, with the ability to identify and mitigate risks effectively.
• Excellent communication and interpersonal skills, with the ability to interact with all levels of the organisation.
• Proficiency in using risk management and audit software tools.
• High level of integrity, ethical standards, and attention to detail.
• Qualified risk practioner or professional Finance qualification

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai