Need Info
I am a ACCA(England), n is working for a MNC bank in FRQ domain. However , Iwants to shift my career to i-banking. My present co. has offered me a role in singapore, please let me know if it will help me in transition to i-banking.
It will be great help to have your inputs.
FYI.. Description Financial and Non Financial Analysis:
• Financial Analysis including planning, QRM/BLM, flash/actual commentary, benchmarking (PBC Asia incl. HXB/HBB investments) • Support of PBC Asia strategic projects (business case prep, project tracking, etc.) • Prep of GIC, GEC updates on PBC strategic investments/projects • Benchmark divisional performance (across competitors and other businesses/divisions) • Develop and embed regular client profitability reporting • Conduct analyses such as: event/post mortem, trend, ratio, and variance. • Enhance the country franchise reporting around the region ( Country benchmarking , local competitor review etc) • Responsible for constantly enhancing the operational excellence around existing products and actively contribute towards developing new insightful analysis
Decision Support: • Establish a standard framework for decision making (e.g. types of parameters to be used, standard templates and processes) in conjunction with business partners and other relevant stakeholders • Participate in providing input to key growth initiatives in the region • Support the New product approval process for the businesses • Develop scenarios and stress test the proposition(s) • Identify and categorize key risks associated with a decision • Determine the impact of a decision on key business constraints/drivers including regulatory and economic capital, taxation, balance sheet usage and profitability • Provide an overall ‘Finance’ opinion on the desirability of a decision
Budgeting, Planning and Forecasting: • Enhance planning framework & support • Stress test the planning assumptions and business drivers • Conduct Shareholder value analysis • Determine granularity of required data and appropriate planning horizon(s) • Create scenarios, preliminary analysis and conduct statistical analysis • Contribute towards monitoring the firm’s Strategic targets in the region • Determine impact of key scenarios on market expectations and the firm’s valuation • Determine warning thresholds and parameters • Provide input to Decision Support and Corporate Investment/Divestment Support functions • Review and if necessary update plans and forecasts
Cost Analytics • Benchmark against competitors or other external organisations • Conduct activity based management (costing) and variance analysis • Differentiate direct and indirect costs • Conduct trend and root cause analysis • Monitor and investigate outliers or negative trends • Provide Inputs to the complexity reduction initiative in the region