Finance Level 2 Permanent Controller Maternity cover

Job Description

Description of the Business Line or DepartmentAt SG Group level, DFIN//CTL (ConTroL) is the 2nd Level Control function within Finance. This team is responsible for Leading level 2 permanent control mission on the completeness, effectiveness (quality of design and execution of controls) and relevanceof 1st Level Control framework within Finance function.The team is comprised of individuals with strong audit & controls background and can also be well suited for a candidate with a good understanding of financial or regulatory production wishing to transition to a controls-based role.DFIN (Finance function) of UK covers the three UK entities - SG London Branch (Investment banking), SG International Limited (Brokerage) and SG Kleinwort Hambros (Private banking and wealth management) offering in turn an excellent exposure to a range ofbusiness lines. This role will be primarily focused on the SG International Limited scope.The scope of DFIN/CTL include financial processes across finance and other departments such as operations (GBSU). Financial processes include accounting & reporting, regulatory reporting (e.g. liquidity and solvency missions), management accounting (e.g.budgets and forecasts), P2P (Procure to Pay) and structural risk related (e.g. ALM & Treasury) missions.This activity is performed based on a yearly roadmap allowing prioritizations and resource allocation.DFIN/CTL also provides guidance and support in the control framework definition for example in the Normative Control Referential deployment or in case of operational team request.DFIN/CTL reports its assessment in Internal Control Instances both at Group and Entity level.Summary of the key purposes of the roleDFIN/CTL is a transversal function in finance and works across all legal entities in UK (SGIL, KH, SGLB). DFIN/CTL key responsibilities for are:

• Performance of CTL control missions and to provide assurance to the CFO of the effectiveness and relevance of 1st Level Control framework.
• Perform appropriate reviews based on risks (e.g. architectural front-to-back process reviews, specific extensive reviews and Identification of closing review topics to perform around quarter-end close cycle)
• Prepare and present in governance meetings (risk committee, group reporting packs) and help in active and clear communication to the CTL Group and Local management for timely deliverables
• Liaise with external audit, internal audit, and other Level 2 control functions.
• Follow-up of action plans
• Annual roadmap exercise
• Appetite and aptitude for developing digitalization solutions (Alteryx, Business Intelligence) as this is a key mandate for this team over the next year.
• Active and clear communication to the CTL Group, Local management and governance forums in term of CTL deliverables.

Summary of responsibilitiesKey responsibilities include:

• Perform 2nd level reviews: Independently perform reviews, de-brief with the managers, document the report. Reviews include a range of topics across a range of financial topics:

• Accounting: topics (technical topics such as IFRS 9.1 & 9.2, IFRS 16, process reviews on topics such as accounts payable, intercompany, cash breaks, intangibles etc) and regular spot checks on account certification (substantiation of balance sheet and P&Laccounts with supporting documentation).
• Regulatory reporting: Solvency and Liquidity reporting to UK regulators or to the group,
• Management accounting (budgets, forecasts etc),
• Structural risk related (e.g. ALM & Treasury)

• Various types of reviews are performed. Full architecture (or framework) review involves a review of activity, process, risk, and controls. Extensive reviews are less detailed than architecture review. Closing reviews are performed during accounting closeon specific accounting topics. The report on the design and effectiveness of control framework is presented in standardised group formats.
• Annual roadmap preparation: Preparation of the annual roadmap through gathering and analysing data for the previous year. This includes errors and incidents, audit points, management letter points, risk and control self-assessment, balance-sheet and P&Ldata, regulator feedback etc.
• Identifying closing review topics and performing closing reviews: On a quarterly basis, gather and analyse data related to closing cycle. This includes pre-close (zone-de-risk) exercise, review of KPIs, study of internal control certification results (SOX-liteapproach) etc. Assess the risks and perform timely closing reviews where required. These are provided to the external auditors globally.
• Remedial action plan follow-up on:

• Action plans raised during reviews and closing cycles
• Residual risks still on-going.

Committees and governance