Manager, Regulatory Engagement and Governance, Traded Risk Management

Job Summary*

Key responsibilitiesto reflect the duties and responsibilities of this role.

The Regulatory Engagement and Governance Manager plays a key role in relation to governance activities in the Traded Risk Management (TRM) function. Specifically, this role focuses on the model monitoring and country model activities for the Counterparty Credit Risk (CCR) models; financial disclosures; governance of TRM-owned policies and standards; coordination of non-model-related regulatory reviews by the Prudential Regulation Authority (PRA); and maintenance of the Delegated Trading and Credit Approval maintenance for TRM.

Key Responsibilities:

1. Secretariat for the CCR Model Performance Monitoring Group.

2. Coordination of Quarterly Internal Model Method (IMM) packs for the PRA.

3. CCR country model identification, regulatory requests, and updates for TRM country leads.

4. Participation in the working groups and user acceptance testing (UAT) for the new MRMS system.

5. TRM Material Risk Takers population tracking.

6. Coordination of the TRM quarterly achievements newsletter.

7. Creation of TRM Emerging Risks Heatmap.

8. Coordination of Delegated Trading Approver and Delegated Credit Approver activities in TRM.

9. Support for activities related to TRM Policies and Standards.

10. Support for activities related to Financial Disclosures.

11. Assisting in coordinating/preparing materials for non-model-related PRA reviews and meetings.

Responsibilities

Strategy-Awareness and understanding of the Group's business strategy and model appropriate to the role.

Business-Awareness and understanding of the wider business, economic and market environment in which the Group operates

Processes-Responsible for coordination of the regulatory engagement and governance processes outlined in the Job Summary section.

People & Talent-Lead through example and build the appropriate culture and values.

Risk Management-Identification, assessment, monitoring, control and mitigation of Traded risks applicable to the Group.

Governance-Responsible for assessing the effectiveness of the Group's arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; Awareness and understanding of the regulatory framework, in which the Group operates, and the regulatory requirements and expectations relevant to the role.

Regulatory & Business Conduct-Display exemplary conduct and live by the 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

Prudential Regulation Authority, regulatory authorities of other jurisdictions; Model Risk Management, Traded Risk Management, Modelling and Analytics Group, Product Control, TRM Reporting, Group Internal Audit, Group Compliance, Group Regulatory Affairs, CIB Markets, CIB Technology

The ideal candidate:

Strong background (6+ years) in Traded Risk, Financial Markets or Model Risk

Masters degree in Finance or some quantitative subject (Science, Engineering)

Excellent analytical and project management skills

Strong written and verbal communication skills

Ability to work effectively under pressure and time constraint

Multi-cultural awareness and sensitivity

Willing to learn and be able to overcome a steep learning curve in a relatively short period

Results oriented, with demonstrable experience in driving complex change management initiatives

Relevant relationship management experience - with corporate customers at the most senior levels and regulators.

Competencies