Senior Manager - IRRBB Reporting

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.

Specific Skill set : Technical

• Understanding of the bank's products and services with specialisation in atleast one of FM, CIB, or Treasury products
• Financial Reporting skillsets & experience
• Fundamental understanding of Balance Sheet Management
• Regulatory reporting experience
• Conceptual knowhow of Balance Sheet Management metrics and its calculation methods - Liquidity, IRRBB, Capital
• Robust understanding of the Regulatory Framework associated with FINREP, COREP, Liquidity and IRRBB reporting (e.g., Basel framework, country regulatory reporting taxonomy)
• Understanding of IFRS Accounting

Soft Skills

Technology orientation (what will give the candidate an edge)

The Technical Competency Framework outlines a consistent set of expectations on what technical knowledge is required for a group of similar roles aligned to the Job Family Framework. Technical Competencies are designed to build transparency and objectivity by providing an in-depth view of the expectations for a role.

Please select technical competencies from the library here. It is recommended that there is no more than 6 technical competencies selected per role.

Priority Technical Skills

Balance Sheet Management (Core)

Assesses, optimises and monitors the Bank's / business function's balance sheet to protect financial health, enhance financial resilience, ensure regulatory compliance, and support business growth aligning with the bank's strategy.

Only required for "Capital & Liquidity Reporting"

Capital Management (Core)

Understand and apply knowledge pertaining to the external capital markets, regulatory requirements and thresholds, and the Group's capital structure to support managing capital positions, metrics and capital risks, including stress testing, reporting and optimising the Group / Country capital resources and usage.

Only required for "Capital Reporting"

Liquidity Management (Core)

Understand and apply knowledge of external markets, regulatory requirements and thresholds, to support managing the Group's short-term liquidity obligations as well as liquidity levels and risks, including stress testing, reporting and optimising the Group / Country liquidity positions and resources.

Only required for "Liquidity Reporting"

Interest Rate Risk (IRR) Management (Core)

Leverages Interest Rate Risk (IRR) Management tools, techniques and processes within the Bank to assess and control the Bank's and / or clients' exposure to IRR in adherence to established guidelines and regulations.

Only required for "IRRBB Reporting"

Liquidity Risk (Core)

Identifies, measures, manages and monitors risks relating to the lack of ability of organisations to meet financial obligations without making catastrophic losses when selling investments / assets to cover obligations.

Only required for "Liquidity Reporting"

Credit Risk (Core)

Identifies, measures, manages and monitors risks relating to borrowers' failure to repay loans or meet its financial obligations to the Bank.

Understanding of Credit Risk Weighted Assets (RWA) methodologies, critical data elements, calculation and reporting operations and functionalities along with controls.

Only required for "Capital Reporting"

Market Risk (Core 'Entry' for IRRBB)

Identifies, measures, manages and monitors risks arising from changes to market variables impacting prices and volatility (e.g., interest rate changes, commodity price changes), on a local, regional and global level.

Only required for "Capital Reporting and IRRBB Reporting"

Operational Risk (Core)

Knowledge of policies and key frameworks to identify, measure, and monitor risks / compliance relating to the potential financial loss from inadequate or failed internal processes, technology events, human error or from the impact of external events.

Only required for "Capital Reporting"

Financial Products and Markets (Core)

Understand and apply knowledge pertaining to SCB customer segments, product groups and the linkages of product vs. capital and liquidity.

Financial Analysis & Reporting (Core)

Creates and maintains accuracy of financial reports and statements required for reporting (internal and external) leveraging key processes and tools within the Bank.

Ability to prepare, analyse, and review financial reports to evaluate the Bank's financial performance and / or regulatory compliance.

Data Gathering (Core)

Knowledge of and ability to utilise tools (e.g. SQL), techniques and processes to interrogate and extract data for analysis and reporting purposes.

Risks & Controls (Core)

Covers the Group's Enterprise Risk Management Framework (ERMF) approach and governance infrastructure needed to identify, assess, mitigate and escalate Finance risks. These include accounting principles, policies and procedures around regulatory reporting, balance sheet management, tax, product and valuation control.

Job Summary Strategy

Business

Processes

People & Talent

Key Responsibilities Risk Management

Governance

Monitor and ensure that appropriate Change governance is followed across all transformation initiatives. Represent the function at the governance forums in place for tracking change initiatives and influence decisions in respect of the change backlog, prioritisation, choice of technology tools and the operating model.

Leadership Qualities & Characteristics

Regulatory & Business Conduct

Key stakeholders

Other Responsibilities

Embed Here for good and Group's brand and values in XXXX [country / business unit / team]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); [List all responsibilities associated with the role]

Skills and Experience Specific Skill set :

Technical

Soft Skills

Technology orientation (what will give the candidate an edge)

Qualifications MBA (Fin) or Master's in finance / Accountancy / Economics or affiliated subjects; Undergraduate degree in Science / Engineering / Commerce.

Chartered Accountant : Risk Management or related Professional Certification will be an added advantage.

Minimum of 12 years preferably in Liquidity Regulatory Reporting.

Strong knowledge of Capital & Liquidity regulations and metrics; Proficient in analytics to drive deep understanding of Capital & Liquidity; Collaboration mindset; able to deliver solutions to improve BAU.

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.

]]>