VP, IRIS CCR Lead

Job Summary

• SCB is embarking on a firm-wide Programme to prepare for the implementation of IRIS programme with the new Basel III Finalization (Basel IV) regulations as these are finalised and come into law with update to the Capital Requirements Directive & Regulations. The main objectives of IRIS is to simply the calculation engine and enable a touchless processing there by increasing the quality and reducing the turnaround time & reduce unwarranted variability in bank's calculation of risk-weighted assets (RWA) and improve comparability of Capital Adequacy Ratios. The programme is targeted to go live in Mar 28
• Standardised approach for Credit Risk
• Internal ratings-based approach for Credit Risk
• SA- CCR
• CVA
• Leverage Ratio
• Securitisation
• Output floor
• Market Risk (FRTB)
  
  

The IRIS CCR Lead (India) Will

• Manage project managers and business analysts within the India locations (Chennai and Bangalore) delivering Capital changes for the wider IRIS program
• Be the Change lead for CCR IRIS Capital program while concurrently balancing discretionary business improvement projects
• Participate in establishing the delivery roadmap for IRIS Capital in collaboration with Program team, Business, Finance, Risk, Treasury and T&I partners
• Work closely with vendors and IT&I to identify the more sustainable and cost-effective options on solution design and platform choices
• Balance the intent to have a strategic approach for Capital initiatives with the need to meet the IRIS regulatory deadlines and reduce time to market
• Manage 10-15 staff directly and approx.. 20-30 indirectly through project team structures and using influence
• Influence design and execution of the projects where there is no direct control.
• Impact & influence stakeholders with an aim to identify efficiency & financial opportunities by establishing new processes and delivering new solutions
• This role requires strong project management skills, sound understanding of the Systems Development Lifecycle, ability to learn and understand the functional areas and data requirements both inputs and outputs and good interpersonal skills to manage and direct virtual teams across multiple locations.
• The person needs to leverage creativity to optimize the roadmap with an aim to enable nimble & agile delivery on regulatory compliance
  
  

Key Responsibilities

Strategy

• Define the implementation roadmap for each project scope, detailed work plan, resource plan
• Ensure that comprehensive project documentation is created and maintained and that appropriate governance and oversight is demonstrated during the documentation phase
• Determine the resources (time, money, equipment, etc) required to complete the project
• Develop a schedule for project completion that effectively allocates the resources to the activities
• Establish a communication strategy to update stakeholders including appropriate staff in the organization on the progress of the project
• Work with the IRIS Program team to provide regular status reports on progress against milestones, RAG statuses, Key Issues and RAID Management
• Deliver the IRIS Capital projects (India scope) on time within budget and as per agreed scope
• Ensure delivery of the benefits as per the project execution document
  
  

Business

• Ensure resource availability and allocation
• Measure project performance using appropriate metrics and techniques
• Stakeholders management communication, issue remediation, risk management
• Manage respective project teams to deliver as per agreed plan
• Overall responsibility for the successful initiation, planning, design, execution, monitoring, controlling and closure of a project. .
• Work closely with upper management to make sure that the scope and direction of each project is on schedule, as well as other departments for support.
• Coordinating internal resources and third parties/vendors for the flawless execution of projects
• Monitor and approve all budgeted project expenditures
• Monitor cash flow projections and report actual cash flow and variance to senior management
• Resource Management of Project Managers and Business Analysts working on IRIS Capital projects
  
  

Processes

• Constructively challenge and present viable alternatives to business models, operational processes and the interpretation of relevant rules and regulations whilst continually looking to minimise regulatory risk and the ongoing cost of finance operations
• Facilitate the defining and agreeing of solutions to drive effectiveness and efficiency with representatives from key Business and Technology stakeholders
  
  

People & Talent

• Provide guidance and support to IRIS India project teams to support both delivery and career development
• Provide a clear path for upskilling and training of India Project team resources to build a sustainable and high effective team of Capital Project experts
• Establish strong relationships between the Change, BAU and ITO Functions to encourage collaborative and transparent working
  
  

Governance

• Complete project definition in line with the Bank's strategic objectives
• Throughout the life of the projects review and prioritise to ensure ongoing alignment
• Ensure development of benefits profiles and active management of benefits realisation
• Manage the projects in accordance with the Bank's Project Management Standards and external best practices
• Ensure robust and transparent programmatic controls including resource, financial, schedule and quality management, status reporting and governance including use of automated tooling (Clarity)
• Conduct appropriate stakeholder engagement and communications to ensure effective delivery of the programme of work
• Ensure interdependencies with other projects and programmes are managed effectively
• Process redefinition and improvement as facilitated by the project delivery
• Accountable for change delivery of all project activities, directly managing business change teams and overseeing IT delivery
• IRIS Program Director
• IRIS and GCFO PMO resources
• IRIS Project Managers (Singapore & London) across Finance/Risk
• Global Head of Capital Regulatory Reporting
• Head of GFS Capital BAU Operations
• Head of Capital Change
• Other Stream leads in the programme & External Programmes such as CLR / RUBIK
• Technology
  
  

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.
  
  

Skills And Experience

• SQL
• MS Excel
• Presentation Skills
• Project Management
• Functional SME
• CCR and Models
  
  

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.