Senior Manager, CCR Stress Testing

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Job Summary

The successful candidate for this position will play a key role in executing the stress test models in relation to Central & Others (excluding treasury) in the Bank's stress test exercises. He / She will be responsible for maintenance, execution & enhancement of a suite of Central & Others excluding Treasury models - Opex, Tax, Other Banking, OR RWA, Leverage, Bank Levy, et al.

This will include Bank-of-England (BOE), Internal Capital Adequacy Assessment Process (ICAAP) - Group and Countries, Resolution Planning, Recovery Planning for the Group.

In addition, he / she should be able to provide valuable inputs to help identify opportunities to improve on stress testing current processes and own quantitative changes and change requests.

Responsible for the stress testing data sourcing and preparations, methodological calculations including the use of existing infrastructure and technology, producing quantitative charts and packs and other related requirements.

Deliver a high quality Structured Template Data (STDF) Templates, as per the requirements set out by the Prudential Regulation Authority (PRA) in the Bank of England (BoE) stress test.

Ensure that the stress testing methods employed are compliant with EST procedures and any deviation is properly documented and approved.

Ensure compliance with the Operational Risk Framework requirements and that quantitative controls are in place and executed in full.

Drive improvements in the stress testing computations and automate manual processes for more efficiency and productivity.

Manage all correspondence via their nominated work stream leads, support functions and stakeholders.

Ensure compliance with governance related aspects of EST production and delivery

This is a rapidly evolving space so the role holder must be comfortable with ambiguity and change.

Key Responsibilities

The profile requires person should support in Finance data preparation both management and financial view to support to all the Enterprise-wide Stress testing initiatives like implementation of Group Stress Testing Data & Model.

This includes developing and maintaining an efficient and controls design and operation, data management, regulatory compliance and overall documentation. The candidate will be involved in the Bank's stress test exercises such as Internal Capital Adequacy Assessment Process (ICAAP) and Bank-of-England (BOE).

Finance Data Hub

Finance Hub's primary responsibilities include Data Sourcing and Maintenance of Finance data. This involves a set of data wrangling activities - gathering, transforming, mapping, building business views and automation of sourcing processes that would help enrich the quality of data and make it appropriate for the downstream purposes such as analytics, reporting and visualization.

Strategy

Help to ensure appropriate BAU controls being established and deployed effectively in GBS.

Work with partner teams to create and build next generation data products and analytics solutions

Assess problem statements & propose potential solutions by advocating and enabling data-driven analytics

Conduct thorough validation and data quality checks to ensure accurate and value adding solutions being delivered

Wider knowledge in Financial and Management view of bank

Knowledge in Financial systems like, MRC , BPC, Financial Analytics, Aspire and PSGL is required

Business

Work collaboratively with line manager support covering a wide range of stakeholders, across all seniority levels, to address urgent and strategic Finance management needs

Coordinate with ERM teams such as Stress Testing, ASPIRE ,Product controls and Finance Modelling to establish how existing results / analytics or processes can be leveraged

Processes

Provide expertise in migrating PoC projects to productionise in collaboration with various teams

People & Talent

Lead through example and demonstrate the bank's culture and values

Risk Management

Identify, assess, monitor and mitigating risks to the Group relevant to Data Quality

Governance

Ensure the adherence to Group BCBS 239 standards when appropriate

Provide timely and high-quality responses to both internal and external queries and requests.

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

CIB, Commercial & Retail model owners

BVM stress testing

Enterprise Risk Analytics

CIB, Commercial & Retail Risk

Group Internal Audit

Group Operational Risk

Technology

CDO

Other Responsibilities

Extensive knowledge in SAS, Python, VBA, Excel Automation and TABLEAU is an added advantage

Strong analytical mindset with excellent analytical, logical, reasoning and problem-solving skills.

Bachelor or Master's degree with technical degree preferred (Finance, statistics, mathematics, computer science, etc.)

Extensive knowledge in

SAS, Python, VBA, Excel Automation and TABLEAU is an added advantage

Strong analytical mindset with excellent analytical, logical, reasoning and problem solving skills.

Hands-on experience in handling Finance data and best practices in data management

Previous experience on Financial & Management reporting is an added advantage

Excellent written and oral communication skills at all levels (i.e. colleagues to senior management) and situations (i.e. one-on-one to presentations)

Exposure to advanced machine learning methodologies is a plus

Self motivated and pro active

Skills and Experience

Graduation / Post-Graduation in Finance and with relevant 4+ years of experience.

General Skill Set :

Strong knowledge in Data Analytics & related tools viz. SAS, Python, VBA, Excel Automation

Awareness of trading environment, macroeconomic fundamentals, market moves & potential impact on exposures.

Excellent communication skills - verbal and written

Ability to work under pressure

Have excellent attention to detail

Be able to work in a global team

Expertise in programming language is not required but good to have

Working knowledge in MS Excel, SAS

Knowledge about Finance

and various business products

Documentation skills

Working knowledge of the Group's businesses, governance structure and approach to risk management.

Experience in team admin tasks / cost controller / project accountant role with familiarity to SCB project management standards / tools would be a distinct advantage

Experience in Agile framework

Role Specific Technical Competencies

Financial Analysis

External Reporting

Effective Communications

Project Management

SQL

Excel

Data Sciences

Python, VBA, Excel Automation, SAS

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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

Are better together,

we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental / maternity (20 weeks), sabbatical (12 months 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.