[SCB] Business Analyst (Lending) - (2400000457)

Location: Singapore
Job type: Permanent
Contact email: careersrise@bcg.com
Job ref: 2400000457
Published: about 2 months ago
Startdate: 16 January 2024 - 16 January 2024

The Role Responsibilities

The role holder should have lending domain knowledge, experience of working in technology role in business analysis function. Candidate is expected to have keen interest to learn a strategic system /platform which is used in SCB to support CCIB client loans. Prior experience of similar system/project rollouts, requirement gatherings, system configuration hands on experience, leading user meetings and other business analytical skills are advantageous. This is an individual contributor role, where you will directly report to business solution lead and work along with team of other business analysts on various initiatives.

Responsibilities

  • Lending Domain Knowledge: A good understanding of the Commercial Lending domain, coupled with working knowledge of payments, settlement, reconciliation, and financial / regulatory reporting protocols.

  • Good understanding of lending lifecycle events, covering bilateral as well as syndication lending. 

  • Role is to deliver operations and finance changes for Lending product/business. Knowledge of loan origination and servicing, lending business events, basics of lending sub-ledger and related accounting, Balance sheet, P&L, Cash Recon Model, TP recon, Balance substantiation, MTM, Fair Value accounting, etc. will be advantageous. 

Strategy

  • Candidate will join a strategic team which supports CCIB clients loans booking and lifecycle events by providing system support and timely enhancements to keep system relevant to various regulatory and business requirements across geographies. As part of the Business Solution team, you are supposed to learn quickly about the system features and start delivering with smaller initiatives to begin with. 

Business

  • Partner with business and regional teams to ensure technology is fully aligned to their requirements, and that product solution designs meet internal, legal and regulatory requirements.

  • Rollout of ACBS as a strategic lending platform in different markets and support ACBS BAU Enhancements. 

Processes

  • Business requirement and functional specification delivery for all project, BAU and strategic initiatives

  • Work directly with the Product Management role holders in the Business or Function on product design and solution options. Special focus on Finance and accounting changes.

  • Collaborate with Development and Production Support teams to define detailed Product solution designs up to specification level.

  • Manage global rollout implementation business analysis deliverables (special focus on Financial reconciliation).

People & Talent

  • The ability to effectively work together with team colleagues across geographies.

  • Ability to manage senior stakeholders from operations, product, finance, tax, and business team.

Risk Management

  • The ability to identify, assess, monitor, control and mitigate risks. 

Governance

  • Actively contribute towards helping bank meet regulatory system compliance and various timely feature enhancements as expected by business and regulators

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.

  • Lead the team to achieve the outcomes set out in the Bank’s 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.

Key stakeholders

  • Product Engineering interface for relevant Product Heads, Business COOs, Business Managers and Product Controllers – primarily Client Coverage and Financial Markets.

  • Maintain strong ties with the Heads of the Build and Run team for Commercial Lending/Corporate Finance team to ensure a cross functional, collaborative working approach.

  • Relevant Product Heads, Business COOs, Business Managers and Product Controllers – primarily Client Coverage and Financial Markets.

Other Responsibilities

  • Candidate must live by bank’s valued behaviour of Never settle, Better together and always Do the right thing in day to day actions.

Our Ideal Candidate

  • 10+ years of experience in banking domain preferably in lending and with technology team.

  • Well versed with Lending Domain Knowledge

  • Strong data interpretation, system learning and communication skills

  • Preferably implemented or used lending application like ACBS, LoanIQ, Core Banking platform

Role Specific Technical Competencies

  • Commercial / Retail Lending Domain Knowledge

  • Requirement Gathering and Solutioning

  • SQL Query proficiency

  • Strong Communication skills

About Standard Chartered 

We're an international bank, nimble enough to act, big enough for impact. For more than 160 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

  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks 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.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers