Job Description

Responsibilities To ensure that the Valuation Control responsibilities as a function are met. These include, 1. Prepare valuation reports on a timely and accurate basis. 2. Perform reconciliation of valuations numbers with Product control and

Responsibilities To ensure that the Valuation Control responsibilities as a function are met. These include, Prepare valuation reports on a timely and accurate basis. Perform reconciliation of valuations numbers with Product control and ledger posting. Review and maintain the bank&rsquos valuation policies in accordance to various accounting and regulatory guidelines. Obtain the fair value hierarchy from the various VC asset classes of all fair value instruments after the monthly IPV process. Responsible for Month-end MIS reporting Develop deep understanding of the valuation control processes supporting the XVA, Rates, FX and Credit portfolios, including IPV, fair value adjustments, and prudent value adjustments. Work with the VC-Methodology team to develop approaches to estimate stressed uncertainty levels around key market valuation inputs to the portfolios mentioned above. Help to support the BAU valuation control process for the main asset classes, including FX, Rates, Credit, Equities, Commodities, Treasury and Loan Syndications, as required. Assume responsibility for the support and development of all related working files used to estimate stressed PVA. Pro-actively improve and automate both current and future processes associated with stressed PVA. Perform any ad hoc requests by management. Ensure that all PVA stress testing documentation is kept up to date. Business Support Product Control at the organizational level, keeping in mind the relevance to business strategy. Apply a structured methodology to deliver the project through creation/execution of a plan to support adoption of the changes. Processes The main function of this role will be: Prepare various valuation reports, presentations and regional reporting packs. To facilitate, understand and make available the fair value hierarchy to country finance of all fair value financial instruments after VC asset class review. Formulating and reviewing the bank&rsquos valuation policies in accordance to various accounting and regulatory guidelines. C&A reporting and supports daily preparation of TRR report, identification and reporting of TRR exception to Front Office of FM products across the globe. Regulatory & Business Conduct Display exemplary conduct and live by the Group&rsquos 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. Role Specific Technical Competencies Valuation Experience - Core Excel, VBC and SQL - Entry Stake holder management - Core Our Ideal Candidate Educated to degree level preferably with a Finance / master&rsquos degree in a quantitative subject / IT. Strong IT skills. In particular Excel, VBA, and SQL. 4-6 years of experience on PVA, MIS and Controllership roles (preferably working within support functions from Middle Office Control / Market Data Control / Product Control / Valuation Control) Ability to work under constant pressure to tight deadlines and deliver high quality output. Lateral thinker who is a strong team player with ability to work independently. Excellent interpersonal skills, with the ability to communicate at all levels both written (report and guideline writing) and verbally. Analytical and challenging mindset. &ldquoCAN DO" attitude. About 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. Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process. Visit our careers website