Job Summary

•    Tax Risk and Governance is a function within Tax Centre of Excellence that supports governance, risk management and internal controls aspects for activities managed within Tax Centre of Excellence. The remit also includes embedding UK Audit & Corporate Governance (ACG) for Tax Reporting and Tax Technology and related processes.  
•    Senior Manager – Risk and Control – Tax is a role within Tax Risk and Governance team responsible for leading, managing and support testing of internal controls in compliance with Standard Chartered Bank’s Enterprise Risk Management framework including risk identification, assessment, and mitigation of risks within tax operations and processes. This role also includes performing risk reviews of large change projects such as system implementations, transformation initiatives, new business activities etc with an objective of enhancing processes design and controls.
•    This role is a great opportunity to be part of an inhouse Tax Risk and Control Centre of Excellence where you will be part of a dynamic environment, contribute to tax transformations, drive meaningful improvement in tax governance and collaborate with cross-functional teams / across geographies to build a resilient tax organization. If you are passionate about tax, risk, governance, innovation and want to make a meaningful impact then this role is for you. 

Key Responsibilities

Processes
Internal control testing and tax projects
•    Lead and manage internal control testing for Tax function in compliance with Group policies and standards.
•    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.
•    Collaborate with key stakeholders to develop mitigation plans and action steps to resolve identified issues.
•    Provide an informed and independent finance risk perspective, including guidance and challenge to operational stakeholders on large change projects such as system implementations, transactions, transformation initiatives, new business activities, new regulations and new accounting standards.
•    Provide support in development of Tax Assurance function within Tax Risk and Governance through recruitment, periodic training and coaching. 
•    Provide support in conducting compliance reviews to identify gaps within the bank’s policies and processes and actively monitor the implementation of effective action plans.
•    Ensure timely escalation of material process exceptions, as necessary.
•    Promote a culture of continuous improvement and identify opportunities for process enhancements, implementing best practices within the Tax function.
•    Provide support in facilitating the delivery of the external and internal audit reviews, as required.
•    Good understanding of Tax function, risk assessment methodologies and control frameworks (eg.  COSO, SoX) 
•    Collaborating with colleagues from across the country / group tax teams in delivering joint initiatives.

Stakeholder management 
•    Collaborate with stakeholders across Tax, Finance, Risk, and Compliance to strengthen governance and risk management.
•    Manage stakeholder engagements and collaborate with the tax leadership team to enhance risk management compliance across the bank and deliver value to business units by providing support to business units on risk management policies and procedures.
•    Manage strong relationship with various support teams and bring synergies by interacting and integrating with cross functional teams.

Other essential skills
•    Proven experience influencing at a senior level, a strong understanding of operational functions, managing cross functional teams through transformation across tax processes, systems and controls.
•    Commercially focused blue-sky thinker with ideas around how to improve the current set up and a track record in driving operational bottom-line value.
•    Excellent organisational skills with an ability to lead multiple workstreams and counterparties to deliver all projects and reporting to deadlines.
•    Proficiency in ERP systems (SAP, Oracle etc) and tax technology platforms (eg: LongView, OneSource).
•    Good understanding of general tax principles and accounting treatment of taxes including knowledge of IAS 12. 
•    Demonstrates excellent analytical, problem solving, and project management skill. 
•    Excellent communication skills, both written and verbal. 
•    Strong and clear documentation skills and business report writing skills.  

Risk Management
•    Ensure timely escalation of material process exceptions, as necessary.
•    Lead in remediation planning and tracking for identified tax risks and control deficiencies and ensure timely implementation. 

Governance
•    Ensure adherence to applicable Standard Chartered Bank’s framework, policies and standards.
•    Ensure that control testing, risk reporting and documentation comply with relevant Enterprise Risk Management framework and related guidelines. 

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    Lead to achieve the outcomes set out in the Bank’s Conduct Principles.

Key stakeholders
•    Tax Leadership Team, Regional Tax Leads, Regional Tax Managers, Group Tax and Country Tax / Finance and Tax CoE.

Other Responsibilities
Embed Here for good and Group’s brand and values in Tax function; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures. 

Qualifications

•    Education-Qualified CAs or postgraduates in accounting, finance, tax or related field. Additional certifications in Risk Management are preferred.
•    Training-Minimum 8 years’ experience in internal controls, risk management or internal audit. People having work experience in banking/multinational companies / Big 4s are preferred.
•    Certifications-Additional certification in risk management is desirable.

Skills and Experience

•    Internal Controls
•    Risk Management (Financial and Non-Financial)
•    Tax Operations
•    Accounting
•    Operational Risk
•    Financial and Accounting Systems

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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