Job Summary
- Join us in an exciting opportunity to lead innovation and shape the future of risk management at Standard Chartered. We are looking for a dynamic individual to enhance our stress management capabilities in the credit risk sector, particularly within Risk. The successful candidate will collaborate with a global team of Credit Officers, Scenario Design, Technology, Data Strategy, and Finance Teams to interpret stress test results and address stakeholder inquiries.
Key Responsibilities
Strategy
- Lead the execution of the stress testing exercise using the designated scenario for the CIB portfolio.
- Validate results and analyze key drivers to identify risk concentrations and cross-risk correlations.
- Provide clear analyses of stress impacts, attributing them to specific businesses, portfolios, or legal entities.
Business
- Present management stress test outputs succinctly to various committees and risk forums.
- Prepare presentations and written analyses that clearly convey risk analysis and conclusions to senior audiences. Draft or provide analysis for risk committee papers or stakeholders as needed.
- Address queries from stakeholders regarding stress scenario results and outputs.
Processes
- Maintain and enhance existing analysis and dashboards, updating views as new data becomes available.
- Establish automated processes and codes to analyze and decompose stress test results, identifying key insights, concentrations, and tail risks.
People & Talent
- Manage relationships with stakeholders through an established engagement model, adopting a Think Client approach.
- Continuously seek process improvements and innovations with the goal of simplification while maintaining value.
- Foster a collaborative team environment with a Human element to build the function for the long term.
Risk Management
- The ability to interpret the Group CIB Credit Information, identify key drivers and key risk areas based on this information and put in place appropriate controls and measures including analysing and interpreting stressed financial statements, credit grades, RWAs and ECLs.
- 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 modelling, 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
- CIB Credit
- CPM
- CCIB Modelling teams
- Risk and CFCC Data Strategy Team
- Risk and CFCC Change teams
- Technology
- Group Finance
- Country CROs
- Enterprise Risk Management SRMG and Scenario Design
Other Responsibilities
- Support the project activities as may be required from time to time for e.g. UAT / UVT for Model Implementation or Functionality enhancement for the Credit Risk Stress Testing platform.
- Support in designing the data quality rules to ensure that the input and output used for stress testing is accurate and trusted.
Skills And Experience
- SAS, Python, R and Excel skills
- RWA/ECL Knowledge
- Stress Testing knowledge
- CCIB Credit Knowledge
- Experience of producing portfolio insights for management consumption
- Experience of working under pressure to produce high quality reporting in a highly controlled environment
Qualifications
- Bachelor's or Master's degree in a quantitative field such as mathematics, statistics, economics, finance, computer science, or a related discipline.
- At least 5 7 years experience in reporting, analysis, and stress testing within the CIB Credit Risk domain.
- Familiarity with regulatory frameworks and banking regulations, particularly related to Credit RWA and IFRS9 ECL.
- Proficiency in Python coding for automation and data analysis; experience with Azure DevOps and agile practices is highly advantageous.
- Strong analytical mindset with excellent logical reasoning and problem-solving skills, including a solid understanding of advanced mathematical concepts.
- Experience in Credit Risk, Data Analytics, or Stress Testing change projects is highly beneficial.
- Proven ability to work with multiple stakeholders from both technical and non-technical backgrounds.
- Demonstrated ability to produce high-quality output under pressure in a highly controlled environment.
- Exceptional written and verbal communication skills, capable of conveying complex technical concepts to diverse audiences effectively.
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.
