VP - FI Clearing Engineering Lead-2400003342

Role Responsibilities 

The Engineering Lead: FI Clearing is to lead a multi competency capability, encompassing vendor management, architecture, full stack engineering, business solution, and DevOps. The role will be responsible for delivering scalable, resilient, fault tolerant solutions from partner vendors. Formulate and deliver an end-to-end technology strategy in collaboration with the Cash product & COO team for all current and future technology requirements of the organisation. Consider multiple levers in the development and execution of the technology strategy including client experience, time to market, stability, resilience, scalability, cost efficiency, new ways of working etc. 

Adopting new ways of working models and delivering strategic payment program across the Cash business.

• Responsible for the technology delivery of the FI Clearing space – Delivering strategic payment programs through agile and on state-of-the-art architecture. 
• Manage technology strategy for FI Clearing portfolio, provide architecture direction, guiding principles, guardrails, and roadmaps that are aligned to both Business and Group’s Tech strategy.
• Collaborate with business partners and play a key role to increase commercialisation of the FI Clearing solution.
• Manage overall program backlog and achieve agreement on key program deliverables in partnership with various stakeholders and in alignment with business goals. Review and adjust direction and approach in collaboration with business stakeholders to keep programme on track.
• Interface with global business, Ops & technology leaders of other SCB interfacing systems for collaborative design, planning and end-to-end delivery. 
• Challenge the status quo and champion a new culture of collaboration, innovation, agility, productivity, increased adoption, and continuous improvement.
• Build and sustain a strong and trusted relationship with Business partners and Interface platform partners.

Portfolio

• Accountable for governance of all technology decisions across payment portfolio; balancing business objectives with business drivers against implementation speed, risk, and cost.
• Optimise business alignment and maximize value on investments by aligning technology decisions with business imperatives leading to cost optimisation through cost avoidance and cost reduction.
• Manage all system changes effectively and efficiently during the project delivery with all the agreed controls. Project execution – Speed and simplicity. The efficiency/ timeliness/ quality of the specific projects executed in the payment space.

Strategy

• Define and drive the Group’s technology strategy roadmap and agenda with focus on business, people, governance, platform, security, and operations. Develop deep relationships with key business stakeholders and decision makers. 
• Build and foster an engineering excellence culture through leadership and direction. Build an engineering and system thinking mindset with values such as fast feedback, repeatability, simplicity, and clean code. Drive a modern approach to engineering excellence, ensuring fast, frequent and high-quality value delivery. With thought Leadership, evangelism, and upskilling the workforce on cloud, architecture, engineering and open banking and API. 
• As a key member of the Management team, develop the strategic direction and roadmap for Cash Technology while adopting agile practices; aligning with Business & IT Strategy, Bank’s Digital Agenda and Portfolio Investment priorities. Proactively advise the senior management team on the emerging technologies and transformation trends that are most relevant to the company's goals and evolving needs. Shape the future of technology, maintain and advance deep technical skills and knowledge, keeping up to date with market trends and competitive insights, and share within the technical community.

Vendor Management

• The FI clearing space solution is primarily vendor supplied and requires extensive management focus.
• Management of all Vendor controls including supporting regulatory requirements, Service delivery, Application quality control, Functional deliveries, Financial management and fostering overall vendor relationship and strategy with the Group’s business partners.

Business

• Trusted advisor to the business. Work hand in hand with Payments business and COO partners, taking product programs from investment decisions into design, specifications, solutioning, development, implementation and hand-over to operations, securing support and collaboration from other SCB teams.
• Manage business partner expectations. Ensure delivery to business meeting time, cost and with high quality

Process and Governance

• Responsible for business initiatives delivery aligning to SCB defined technology, Agile principles and project management processes & frameworks and customizing such to specific FI Clearing needs where required
• Responsible for overall governance of projects & programmes related to payments space that includes financial management, risk management, representation in steering committee reviews and engagement with business for strategy, change management and timely course correction as required
• Support Business Operating Models, Standards, Finance, Risk Controls and compliance with regulations

People and Talent

• Employ, engage, and retain high quality talent to ensure FI Clearing team is adequately staffed and skilled to deliver on business commitments
• Lead through example and build appropriate culture and values. Set appropriate tone and expectations for the team and work in collaboration with risk and control partners
• Foster a culture of innovation, transparency and accountability in Cash technology while promoting a “business-first” mentality at all levels
• Ensure role, job descriptions and expectations are clearly set, and periodic feedback provided to the entire team
• Ensure the optimal blend and balance of in-house and vendor resources
• Develop and maintain a plan that provides for succession and continuity in the most critical IT management positions

Risk Management

• Be proactive in ensuring regular assurance that the FI Clearing team is performing to acceptable risk levels and control standards
• Act quickly and decisively when any risk and control weakness become apparent and ensure those are addressed within quick / prescribed timeframes and escalated through the relevant committees
• Act as the risk control owner under the Group’s risk management framework at the appropriate level
• Balance business delivery on time, quality and cost constraints with risks & controls to ensure that they do not materially threaten the Group’s ability to remain within acceptable risk levels
• Ensure business continuity and disaster recovery planning for the entire technology portfolio
• Ensure the effective management of risk, issues and assurance reporting relating to strategy and transformation, engaging with and reporting back regularly to Cash Technology Management Team

Governance

• Embed the Group’s values and code of conduct in the TB T&I Team to ensure that adherence with the highest standards of ethics and compliance with relevant policies, processes, and regulations among employee’s form part of the culture.
• Ensure compliance with the highest standards of regulatory and business conduct and compliance practices as defined by internal and external requirements. This includes compliance with local banking laws and anti-money laundering regulations and guidelines.
• Responsible for ensuring effective governance, oversight and controls in Transaction Banking businesses re: Technology
• Awareness and understanding of the regulatory requirements and expectations relevant to the role.

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.