Job Description

The Role Responsibilities

Job Role

RRSD Unit faces the Group Risk Function with a peripheral support to CEO CIB Function. It handles wide spectrum of activities to support the Enterprise Risk Analytics, Traded Risk Management, Risk and Compliance Reporting teams of the Group Risk.

The unit is also currently expanding itself to support the CEO CIB Office with Credit Portfolio Management. Various sub-units underneath RRSD are listed below:

Enterprise Risk Management

Risk Reporting

Market Risk Operations (MRO)

The team\'s activities include production and distribution of daily risk reports, monitoring of Market Risk Exposures against limits, where applicable at country, regional, global and group level for Rates, Commodities, Credit Trading, Equities, Convertible Bonds, Foreign Exchange, Foreign Exchange Options and XVA.

Maintain static data information in respective systems (VAST2 and partially in PCT) and Preparation and distribution of governance packs. To aid in infrastructure related changes/development including structural changes in EUCs which are used for generation of Daily / Weekly / Monthly / Quarterly risk reports.

In addition, the team prepares Capital, RNiVs and Group level VaR reports that are used for external and regulatory reporting.

Strategy

• Help to ensure appropriate BAU controls being established and deployed effectively in GBS.
• Help to support new Business requests through Product programmes and Country addendums.
• Help to look for possibilities of leveraging on synergy within the various processes through automation thereby bringing in improvements.

Business

• Help the team to pursue the strategic intent and agenda for RRSD.
• Help to improve client experience through more efficient and effective processing in tandem with Risk, Client Coverage and Front Office users.

Processes

Risk and Reporting

MRO

• Translate business requirements into Functional Specifications (FSDs), ensuring that developers and testers have a precise understanding of what is to be built and delivered. Review peer FSDs to help improve quality and to share knowledge within the team.
• Working with Project Managers, ensure that questions of scope are addressed constructively and clearly with business stakeholders. Once scope boundaries have been established, ensure that any potential deviation from agreed scope is highlighted to the Project Manager in a timely manner.
• Help ensure requirements documentation and development / delivery take place within the SCB Agile manifesto framework
• In partnership with a dedicated testing team, ensure that all deliveries are fit for purpose, addressing business requirements in a timely, accurate and complete manner, with minimal defects or technical debt. The BA team contributes to test strategy, test plans, expected results (including reference models) and test coordination, as well as participating in the actual testing and diagnosing any defects that arise.
• Train and support business users through acceptance testing, release preparation, go-live and the post-implementation period of each new delivery, assuring a smooth transition into BAU.
• Ensure that knowledge is shared throughout the BA team so that team members can support each other and maintain continuity throughout the project (e.g. covering vacation absence). Senior team members will be asked to mentor less experienced members of the team. Share experience and knowledge across the Market Risk IT team and with the firm-wide BA community.

People and Talent

• Compliance with all relevant process procedure, guidelines, rules and regulations.
• To work and solve problems independently and be able to work in a deadline-oriented environment.

Risk Management

• Embed new Operational Risk framework into monitoring processes and report any escalations to Management.
• Monthly monitoring of CST and performance measurement of KCIs.

Governance

• Work closely with Operational Excellence and Change management team members to understand key issues and processes and drive automation of processes.
• Adherence to mandatory certifications and operational requirements.

Regulatory and Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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.

Key Stakeholders

• Group Traded Risk Management (TRM)
• Group Enterprise Risk Management Team
• Group Risk and Compliance Infrastructure and change management
• CEO, CIB office
• Associated Technology partners
• Business desks
• GBS Management team

Other Responsibilities

• Participate in at least 2 days of volunteering per year.
• Participate in engagement activities.
• Be motivated and actively engage in activities like innovation and automation initiatives.
• To hold assigned roles of First Aider / Fire Warden / ADCC as appropriate and discharge the expected responsibilities.

Our Ideal Candidate

• Post-Graduation in Finance with relevant 3 years of experience.

General Skill Set

• Experience in team admin tasks / cost controller / project accountant role with familiarity to SCB project management standards / tools would be a distinct advantage.
• Awareness of trading environment, macroeconomic fundamentals, market moves and potential impact on exposures.
• Significant Experience in major regulatory programs in the Risk / Finance, Banking industry - BCBS, IMM, CVA, etc.
• Strong knowledge in banking products across asset classes (FX / Rates / Equity / Credit and Commodities).
• Working knowledge of the Group\xe2\x80\x99s businesses, governance structure and approach to risk management.
• Expertise in programming language is not required but good to have.
• Strong knowledge in Data Analytics (Including ML capabilities).
• Excellent communication skills - verbal and written.
• Knowledge about Market and Credit Risk.
• Working knowledge in MS Excel, Access.
• Have excellent attention to detail.
• Be able to work in a global team.
• Experience in Agile framework.
• Ability to work under pressure.
• Hands-on SQL, SAS, Python.
• Documentation skills.

Certification

• Risk Certifications from established institutions is recommended.
• Any technical Certification in MS Office Advanced tools / SQL / Tableau / SAS / will be preferred.
• FRM Certified candidates will be preferred.

Role Specific Technical Competencies

• Manage Conduct
• Manage Risk
• Manage People
• FM Products
• Problem Solving skills
• SAS / Python / SQL / Tableau
• Analytical skills

\xc2\xadAbout Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.

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