JOB SUMMARY
· Embark on an exciting opportunity to drive innovation and shape the future of managing risk in Standard Chartered. We are seeking a dynamic individual to act as the key Subject Matter Expert on CCIB Credit Risk in an ongoing Risk transformation program focused on improving the management stress capabilities within the bank and especially within Risk. The role holder will work directly with the Executive Director, ERM Delivery, CCIB Credit Officers and Program resources to deliver the strategic state.
RESPONSIBILITIES
Strategy
· Designing analytical tools/models to allow performance of rapid stress testing analysis in the CCIB book with a focus on building tools to allow for detailed financial statement stress and estimating impacts on key risk measures such as RWA and ECL
· Designing the final end state for CCIB Credit Management Stress Testing
· Lead engagement with Vendors for development of analytical tools
Business
· Analysing the output for the management stress tests from GCFO and the Risk Stress testing tools to identify key insights and propose actions
Processes
· Gathering and documenting requirements for Management Stress Testing capabilities for CCIB Credit
· Support in program management activities
· Support in testing of strategic system implementation
People & Talent
· Managing excellent relationship through an established engagement model with all stakeholders with ‘Think Client’ Approach
· Always have an eye for Process Improvements and Innovations with an objective to ‘Simplify’, while still maintaining the value delivered
· Have an attitude to create a Collaborative Team Environment with ‘Human’ element to build the function for the long-term
Risk Management
· The ability to interpret the Group or country CCIB Credit Information, identify key issues based on this information and put in place appropriate controls and measures
· Demonstrate a clear understanding and ability to manage data quality and other data-related risks.
Governance
· Ensure compliance with the Group’s policies and procedures, and the regulatory framework.
· Maintain appropriate documentation and controls for modeling, reporting, and analytics.
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.
Key Stakeholders
· CCIB Credit
· CPM
· CCIB Modelling teams
· Risk and CFCC Data Strategy Team
· Risk and CFCC Change teams
· Group Finance
· Country CROs
Our Ideal Candidate
· 8+ years of experience in CIB Credit risk or stress testing
· Experience of working with multiple stakeholders; Managerial Information design and operation.
· Experience of working under pressure to produce high quality reporting in a highly controlled environment
· Experience of supporting Finance/Risk/Regulatory Change initiatives and projects
· Technical – technical aptitude, desktop programming and ability to analyse data and results
· Numeracy/analytical – prepare and analyse financial and regulatory information and report conclusions.
· Intellectual – demonstrate fast learning an understanding of financial and regulatory matters.
· Creative – recommend solutions on financial and regulatory issues.
· Change – adapt to changing reporting requirements and priorities.
· 12 months fixed time contract role
Role Specific Technical Competencies
· SAS, Python, R and Excel skills
· RWA/ECL Knowledge
· Stress Testing knowledge
· CCIB Credit Knowledge
· Experience of working under pressure to produce high quality reporting in a highly controlled environment
· Experience of supporting Finance/Risk/Regulatory Change initiatives and projects
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
· Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
· Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers
