Chief Financial Officer at Standard Chartered Bank

The Role Responsibilities

• Contribute to the management of all key matters relating to the bank as a member of the Country Management Team of the branch.
• Contribute to the management of the business as a member of the top management team.
• To provide the financial input for the formulation of the Bank's Corporate Plan.
• Ensure that Capital Adequacy and Liquidity is subjected to periodic / ad hoc testing as required and aligned to the Group's Recovery and Resolution Plan.
• To ensure a well running ALCO secretariat and contribute meaningfully to effective governance of capital and liquidity risk.
• Demonstrable understanding of Basel II & III reforms and good awareness of the ongoing Basel 4 reforms, including Risk Data Aggregation and Risk Reporting (BCBS239) in South Africa.
• Demonstrable understanding of Pillar 3 requirements.
• Initiate and co-ordinate the formulation of the annual operating plans and budgets and monitor progress towards their achievement, drawing attention to important trends, and to opportunities to maximise income, reduce cost and minimise risk.
• Ensure that the financial statements and returns prepared by the Hub are in accordance with statutory, regulatory and other requirements, and in accordance with group standards, procedures and timetables.
• Provide support to the Business Unit/Segment heads in the formulation of marketing plans, budgets, business development, product development and the analysis of the operational business trends for the achievement of overall plans and objectives.
• Liaise with Hub Manager in development and running the Bank's financial and management information systems, recommending agreed variations for local use where relevant and necessary for implementation by Hub Manager.
• Ensure the effective management of the business's capital and balance sheet structures including funding, liquidity, currency and market risks etc;
• Evaluate local projects in accordance with Group guidelines, including material business issues (e.g. pricing, the acquisition or disposal of investments and assets) and contribute fully to their implementation. Conduct health check and post implementation reviews.
• Ensure that the taxation affairs of The Bank are planned and managed so as to optimise the Group's position.
• Maintain the highest professional financial management standards in the Bank.
• Analysis and sign-off any project approval requests.
• Improve the understanding of financial management issues by Business Unit/Segment Heads, Financial Managers and other Senior Managers within the Business.
• Monitor the operational and capital expenditure programmes to ensure adherence to budgeted limits.
• Strategically manage the sourcing and properties of the Bank to ensure efficiency in procurement and utilisation.
• Lead, motivate, and develop staff in the Finance Division.
• Support the CEO in interpreting, communicating and meeting local regulatory requirements.
• Keep in touch with local, UK and international accounting developments through membership of professional bodies and contact with other members of the profession.
• Manage relationship with External Auditors including the negotiation of the scope of the audit, general liaison, the clearance of audit work and responding to and following up management letters.
• Monitor and decide on SLAs with the hub
• Agree the recharge methodology with the hub
• Contact with the Banks legal advisers on issues affecting the business in the Bank.
• Contribute in the management of the Bank's assets and liabilities and the management of risk during management committee, ALCO , CORC and Board meetings
• Strategic management of the BBBEE rating of the branch, with the objective of striving to continuously improve the rating.

Our Ideal Candidate

• South African Citizen.
• Qualified Chartered Accountant - SAICA CA(SA).
• Understanding of Corporate & Institutional Banking Segments & Products.
• Thorough knowledge of Generally Accepted Accounting Principles, Taxation, Banking and Exchange Control legislation.
• Broad understanding of Banking practice, BBBEE codes and regulatory reforms.
• Excellent communication, interpersonal and leadership skills.
• Effective manager of a medium sized team.
• Capital & Liquidity Risk Management skills.
• Knowledge of dealing with Regulators (especially the SARB) would be highly advantageous.

Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages.