Analyst, Financial Crime Compliance, Money Laundering Surveillance (South Sudan) at Standard Bank Group

Job Purpose

To take accountability for development, translation and implementation of the business and finance strategy in Engineering and innovation. To provide leadership, vision, and direction to finance teams. To ensure the effective implementation and continuity of full financial management services. To construct and drive the development and implementation of processes, systems and controls in the finance area through the finance team across the continent

Key Responsibilities/Accountabilities

Financial Management

• Provide specialised advice to Senior/Executive Stakeholders of Stanbic Bank Limited on the required minimum standards, strategies, projects, plans, initiatives, reporting and other relevant activities related to the Innovations and engineering Finance Function, to ensure all business areas effectively comply with internal standards and financial requirements.
• Strategically partner with relevant stakeholders regarding the development of management accounting systems, that ensures efficient and high-quality reporting is delivered as required to the relevant committees, forums and regulators. Manage inter-dependencies and reporting obligations within the holistic financial reporting requirements.
• Monitor and control cost management and adherence to sound financial practices, to strategically drive the cost and recovery outcomes and optimisation of costs across technology.
• Provide comprehensive specialist financial management, cost and risk-control expertise to Stanbic Bank Limited as it relates to Innovations and engineering.
• Provide meaningful and commercially astute insight to stakeholders through the analysis and explanation of the impact of business, Innovation and engineering activities on total costs across Bank. Recommend measures of improvement for the business and finance partners.
• Take accountability for the delivery of financial results for Engineering and innovations, on a timely basis in an acceptable manner to stakeholders.
• Review and approve financial input and feasibility studies for new Innovations and engineering projects initiated by relevant stakeholders, across Stanbic Bank Limited.
• Identify potential risks impacting control environment across the Innovations and Engineering Finance Function for Bank, in order to improve control and prevent financial losses, ensuring all risk issues are actively managed in the appropriate manner, and that incidents are reported timeously with all relevant stakeholders.
• Identify opportunities for improvement in financial processes and drive the implementation across Bank Innovations and engineering Finance in order to achieve efficiencies, best practice and standardisation.
• Continually seek cost saving opportunities and ensure implementation through strategic/effective partnerships with stakeholders.
• Monitor and review the quality and cost effectiveness of services provided to ensure value for money.
• Remain relevant to key stakeholders in terms of competitor behaviour and industry trends, enabling the provision of relevant reports and insights on all financial management activities.
• Lead financial forecasts of business activities proactively and seek to act upon (with fellow finance and business stakeholders) any trends identified.
• Strategically drive the cost and recovery outcomes, to support the transfer recovery cycle and methodologies of the relevant area.
• Enforce transfer pricing governance and compliance activities to wider Bank policies, and continually seek to improve the transfer pricing/transfer recovery methodology, supporting the recovery cycle.
• Develop and foster strategic stakeholder relationships with executive head within functional area of support, as well as their management team.
• Integrate and collaborate with relevant internal stakeholders to enable the achievement and delivery of critical financial outcomes.
• Define all management and financial accounting frameworks and key reporting requirements for Bank Innovations and engineering to define the Finance toolbox and ensure effective and efficient service delivery.
• Track, monitor and report on Bank Innovations and engineering performance against projections and make recommendations for improvements, to influence the successful achievement of rolling forecasts and scenario planning.
• Analyse financial performance and identify trends and opportunities for revenue enhancement and cost containment and to maximise returns.
• Technology and architecture- Finance future ready transformation.
• Identify areas and processes for efficiency and improvement, aligned to the Bank's strategic objective of digitisation & automation, and lead the change to the implementation of cloud financial operations practises in order to achieve automated and accurate planning outputs.
• Ensure finance participation in the end-to-end agile development process within the construct of DevOps practices and methodology.
• Support agile ceremonies: sprint planning, daily stand ups, sprint review and sprint retrospectives and UAT finance tests
• Supervise and foster built in quality.
• Provide finance future ready technical insights to support release planning, including user stories breakdown, tasks assignment, and backlog grooming, through elicitation and clarifications of user stories and requirements with finance stakeholders and communication of IT dependencies.
• Drive team commitments to the work in every iteration or Program Increments.
• Be responsible for value and builds to continuously improve the quality of deliverables.
• Ensure best practices for all the finance systems are being implemented i.e reconciliations within systems, relevant UAT tests.
• Work together with group counterparts for implementation of group wide systems

People

• Lead and drive the appropriate level of change across finance teams in order to support the ongoing requirements of the business.
• Build and maintain effective relationships with internal and external stakeholders, to drive the provision (including responsibility) of both financial and non-financial information and support to all relevant stakeholders.
• Lead the team according to the Banks leadership principles and values, including managing the employee lifecycle from recruitment through to exit, performance management, training and development, discipline and grievance management, retention, reward and people administration to ensure a high-performance culture.

Risk, Regulatory, Prudential & Compliance

• Provide input into the design of Bank's control policies in the execution of the Innovations and engineering team's responsibilities, ensuring compliance and risk mitigation of the Bank's financial losses.
• Continuously review and make recommendations to improve existing policies and procedures, ensuring these are shared across Bank to promote standardisation and best practise.
• Advise and influence various Forums and Committees, as a quorum member, in order to represent Innovations and engineering Finance to forward Bank's interests.
• Drive the successful completion of the annual external audit reviews for Bank Finance Technology & Operations in order to achieve satisfactory and unqualified audit reports.
• Enforce the Bank guidelines and policies around financial management are adhered to by all Innovations and engineering stakeholders across the Bank.
• Enforce compliance to all regulatory frameworks for all finance activities both by business stakeholders as well as the team, ensuring the Bank adheres to risk and compliance policies and procedures.

Strategy

1. Define the strategic Financial roadmap for Bank Innovations and engineering. Monitor the implementation of the strategic roadmap to ensure the effective implementation and continuity of full financial management services.
2. Drive crucial conversations with business executive stakeholders as well as internal Financial stakeholders to challenge and resolve financial management related issues.
3. Partner with business executives to drive commercial awareness in decision making, as well as build the future capability.
4. Seek innovative ways to strategically achieve value added services to Client Segments, Client Solutions and Corporate Functions across the Bank
5. Both accountable and responsible for the key financial controls over the monitoring and reporting of all financial processing for Bank Innovations and engineering.
6. Both accountable and responsible for the preparation of management accounts, ensuring accurate and timely account management.
7. Develop a deep understanding of and contribute to the overall strategy for Bank Engineering and the individual financial drivers of Innovations and engineering in order to realise the aspirations of the Bank.
8. Define and influence cost control strategies and measures within Bank Engineering in order to realise strategic objectives.
9. Lead and drive the scenario planning and analysis, interpretation and projections of business results for Innovations and engineering in order to identify trends, insights and opportunities.
10. Optimise strategic business delivery through the appropriate specialist views and guidance incorporated into quarterly business reviews that drive the appropriate business strategic discussions.
11. Articulate the Bank Innovations and engineering strategy into financial forecasts and outlooks to develop a roadmap of where the business is going in order to provide direction.
12. Maintain an in-depth understanding of the entire Business (Client Segments and Client Solutions) and all its activities by consistently engaging with executive committee members in order to effectively lead the implementation of the Finance plan for Bank Innovations and engineering.

Minimum Qualification and Experience

1. First Degree in Finance/ Accounting or equivalent
2. More than 10 years experience in Finance Business Partnering
3. Chartered Accountant qualification
4. The role requires a seasoned individual with a thorough understanding of the end-to-end Financial Value Chain. The role requires Technology knowledge and experience. The role requires an experienced Financial Manager with the ability to provide strategic advice to senior executives and Exco's. Be able to influence strategy.