Location: Chennai About Bank : This is a British universal bank. We are diversified by business, by different types of customers and clients, and by geography. Our businesses include consumer banking and payments operations around the world, as well as a top-tier, full service, global corporate and investment bank, all of which are supported by our service company which provides technology, operations and functional services across the Group. Risk and Control Objective : Ensure that all activities and duties are carried out in full compliance with regulatory requirements, Enterprise Wide Risk Management Framework and internal Bank Policies and Policy Standards. Working Flexibly : - We're committed to providing a supportive and inclusive culture and environment for you to work in. This environment recognises and supports ways to balance your personal needs, alongside the professional needs of our business. - Providing the opportunity for all our employees, globally to work flexibly empowers each of us to work in a way that suits our lives as well as enabling us to better service our customers' and clients' needs. Whether you have family commitments or you're a carer, or whether you need study time or wish to pursue personal interests, our approach to working flexibly is designed to help you balance your life. If you would like some flexibility, then please discuss this with the hiring manager, and your request will be reviewed subject to business needs. Hybrid Working: - We are currently in the early stages of implementing a hybrid working environment, which means that many colleagues spend part of their working hours at home and part in the office, depending on the nature of the role they are in. We're flexible on how this works and it may continue to change and evolve. Depending on your team, typically this means that colleagues spend a minimum of between 20% to 60% of their time in the office, which could be over a week, a month or a quarter. - However, some colleagues may choose to spend more time in the office over a typical period than their role type requires. We also have a flexible working process where, subject to business needs, all colleagues globally are able to request work patterns to reflect their personal circumstances These requests will be reviewed and agreed for a period of time i.e., will have a start and end date. Please discuss the detail of the working pattern options for the role with the hiring manager. Introduction: Support and execute the business planning and stress testing processes. Providing analytical support in the development of financial plans, providing a controlled financial process and detailed analysis of the changes in forecast performance. Working closely with Planning & Stress Testing colleagues across the FTC in Chennai and London, contribute to the delivery of major team deliverables to Bank UK stakeholders and Group colleagues around the corporate plan. Ensure timely and accurate delivery, and provide insight and analysis whilst summarising key issues for debate. What will you be doing? The Planning & Stress Testing analyst analyses & communicates key drivers of the business plans, providing highly effective performance management information and support on key business decisions through detailed and insightful analysis. Additionally, the role holder leverages planning knowledge & shared processes, alongside strong stakeholder relationships to support on internal and regulatory stress tests. In particular, the role holder will: - Support and determine Business financial strategy, ensuring integration and alignment to Group performance guidelines - Provide insightful analysis around key business drivers, key metrics such as ROTE and one off items versus underlying drivers of income generation, and qualitative and quantitative variance analysis of performance vs prior year and previous plans - Develop multi-year financial plans, short term plans, rolling forecasts and scenario analyses to advance the business mission and strategic priorities, including support on stress tests. - Support and coordinate the plan development process, managing stakeholders and ensuring both internal and Group deadlines are met, making certain financial plan data in Bank UK and Group systems correctly reflects the approved plans, using MS Excel and Oracle Hyperion Planning - Liaise with finance teams to assist co-ordination of the annual budget (STP) and Medium term budget (MTP - annual multi-year forecast) internal stress test (IST) and external stress tests (PRA, EBA) - Support validation process, document review and necessary data validation - Take responsibility for controls, ensuring adherence to the controls framework for all planning purposes - Seek constant improvements in order to develop, maintain, and operate an integrated, consistent, flexible and up to date planning process and tools Support finance change projects across relevant areas of PST What we're looking for: - Ability to acquire skills quickly to interrogate systems - Attention to detail and high accuracy - Problem solving, analytical skills and financial analysis - Desire to learn and develop - Ability to plan and prioritise workload, as well as coordinate the collation of information from a wide variety of sources to challenging deadlines - Good communication skills, particularly the ability to summarise large amounts of data and present in a concise and readily understood format. - Professional accountancy qualification, or equivalent relevant experience e.g. CIMA, ACA, MBA - Financial services background, with relevant financial planning & analysis experience, post qualification. - Strong in the use of Microsoft Office applications, particularly Excel and PowerPoint plus Alteryx etc. - Good understanding of business processes and activities and the underlying drivers Skills that will help you in the role: - Demonstrated stakeholder management experience - Relevant experience in managing financial consolidation processes - Familiarity with accounting systems - e.g. Oracle Hyperion Planning - Relevant experience in finance change projects - Relevant experience in financial projections and modelling; experience in data extraction, import, and analysis Where will you be working? Chennai Purpose, Values and Mindset We deploy finance responsibly to support people and businesses, acting with empathy and integrity, championing innovation and sustainability, for the common good and the long term. Our values underpin everything we do: Respect, Integrity, Service, Excellence and Stewardship. Respect: We harness the power of diversity and inclusion in our business, trust those we work with, and value everyone's contribution. Integrity : We operate with honesty, transparency and fairness in all we do. Service : We act with empathy and humility, putting the people and businesses we serve at the centre of what we do. Excellence : We champion innovation, and use our energy, expertise and resources to make a positive difference. Stewardship : We prize sustainability, and are passionate about leaving things better than we found them. Our Mindset shapes how we take action, living by our Values, driven by our Purpose, always with our customers and clients at the heart of what we do; our Mindset is to Empower, Challenge and Drive. Empower: Trust and support each other to deliver. Make decisions with those closest to the topic. Include diverse perspectives. Celebrate success and learn from failure. Challenge : Question whether things can be done better. Use insights based on data to inform decisions. Be curious about how we can adapt and improve. Speak up and be open to alternative viewpoints. Drive : Focus on outcomes. Deliver with pace. Be passionate and ambitious about what we do. Take personal responsibility. Actively build collaborative relationships to get things done

Chennai

Assistant Manager - Stress Testing/Planning - Bank 

Assistant Manager - Stress Testing/Planning - Bank  ,Job Description for Assistant Manager - Stress Testing/Planning - Bank  in Recruitment Firm in  Chennai for (2-12) years of experience. Apply Now!

Job Description for Assistant Manager - Stress Testing/Planning - Bank  in Recruitment Firm in  Chennai for (2-12) years of experience. Apply Now!