Associate Manager, FRG Quality Assurance

Job Summary Role: Quality Assurance (QA) represents the Second Line of Defence and provides independent assurance on Balance Sheet Substantiation submitted by the First Line Account Owners. QA will review and challenge the quality of substantiations/reconciliations and aims to perform oversight through their reviews, to ensure satisfying the assertions of existence, completeness, accuracy, cut off, valuation and presentation of the balances established. Key Responsibilities Assurance Testing & Sprint/Thematic Reviews Perform Balance Sheet Assurance Reviews in alignment with the Framework to ensure compliance with relevant policies and financial controls Identify key risks and control weaknesses, escalating issues and collaborate with CFO / Financial Controller / Head Finance / Business Head / Account Owner to agree on actionable mitigation plans / recommendations for resolution Conduct Agile/Thematic Assurance Reviews to assess specific financial risk areas and evaluate process, control design and operational effectiveness Risk Mitigation Clearly assess risks and their potential impact, ensuring they are effectively communicated with account owners and promptly addressed Collaborate with key stakeholders to develop mitigation plans and action steps to resolve identified issues Risk Reporting & Escalation Provide risk review outcome/ MIS to Risk forums (FORTM, FRC etc). Ensure timely escalation of issues and follow up on agreed remedial actions to minimize financial and operational risks Interact with Senior stakeholders in Finance on significant observations Process Improvement & Automation Promote a culture of continuous improvement and Identify opportunities for process enhancements, implementing best practices within the unit Work with the Process Improvement & Automation Team to develop and implement automation solutions for repetitive tasks and control monitoring Audit & Compliance Support Support internal audit processes, ensuring compliance with financial control policies and regulatory requirements. Assist in preparing audit deliverables, responding to audit queries, and implementing corrective actions based on audit findings. Ensure that Financial Control Policies of the Bank are well understood and adhered while performing the reviews Stakeholder & Service Management Monitor the quality of service, ensuring they meet agreed Service Level Agreements (SLAs) with internal stakeholders Collaborate with stakeholders across Finance, Risk, and Compliance to strengthen financial governance and risk management. Manage and support the team/peers, ensuring they have the necessary guidance to execute financial control policies effectively Strategy Strong knowledge of accounting terminology and concepts and ability to apply the rules of accounting and double entry book-keeping in evaluating the Trial Balance Business Demonstrates reasonable understanding of Financial Controls / Policy to be able to highlight issues involving Financial / Operational Risk Ability to articulate risk commentaries and effective communication Processes Highlights probable process improvement areas and any activities which may have a scope for enhanced review procedures Demonstrates proficiency in MS Excel, PowerPoint and any ACL / CAAT tool will be an added advantage Relate the tools with day-to-day task performed to recommend ways to minimize unwanted step and optimize business operations People & Talent Builds strong relationship with internal customers, understands the best practices across geographies Risk Management Does not accept status quo and finds better ways of doing things within the framework principles and policy guidelines Governance Perform and deliver the activities under the Global Assurance Function for the region / countries assigned in GFS Global Assurance Unit Regulatory & Business Conduct Display exemplary conduct and live by the Groups 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. Lead the QA team to achieve the outcomes set out in the Banks Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent) Key stakeholders All the CFOs and in country finance teams PSC for future migrations to GFS Project teams & FMT working on global projects Finance all other business units Other Responsibilities Embed Here for good and Groups brand and values in FRG QA team; Perform other .