Job Description

The Role Responsibilities

Job Role

The job holder will be based in Bangalore and focussing on providing support for the Group Climate Risk team.

The role holder will work in close alignment with a dedicated onshore manager that covers content driven topics and senior stakeholder management.

Strategy

• Support the Climate Risk scenario workstream focussed on regulatory and management stress testing and scenario analysis, as well as periodic analysis including portfolio sensitivity analysis to both transition and physical risks.
• Support the use of climate scenario analysis for various objectives, including risk management, business decision making and strategy, corporate and account planning. Ensure that appropriate risk parameters and business targets are set up and adequately consider Group\xe2\x80\x99s stress results.
• Support the development of a climate scenarios knowledge base, including research into industry best practices, regulatory and academic developments.
• Focus on execution while being innovative, ability to take accountability and find ways to be part of the solution even when identifying problems.
• Support country teams in executing local climate risk related stress testing and scenario analysis needs.

Business

• Broad awareness and understanding of business model and risk profile.
• Understanding of the bank\xe2\x80\x99s existing enterprise risk management framework, governance of the ERMF related requirements, wider stress testing and scenario analysis capabilities and existing processes, with an understanding of the climate risk stress testing and scenario analysis approach.

Processes

• Design and build controls for the Scenario analysis related workstream for Climate Risk.
• Evaluate relevant existing controls and contribute to designing new controls as required.
• Support development of a climate database, including sourcing of internal and external data and performing data quality checks as required.

Risk Management

• Understanding of various scenario families including NGFS, IPCC, and IEA scenarios
• Understand and translating transmission channels of climate risks into financial system impacts.
• Familiarity with industry leading climate risk models and climate / ESG data providers, with fluency in the scope, capabilities, and limitations of each tool and platform.
• Understanding of regulatory expectations with respect to climate risks including capital frameworks, etc.
• Experience in dealing with large complex, change projects and / or building / delivering new capabilities.
• A proven track record of liaising across diverse stakeholder groups; including senior managers, and large firm networks.
• Experience with scenario expansion and / or econometric modelling for scenario analysis and stress testing purposes.
• Prior experience in stress testing, understanding of IFRS9, IRB models in credit retail and wholesale space.
• Ability to understand and appreciate the complex interlinkages between systems.
• Ability to code in SAS, R, Python.

Governance

• Contribute to overall governance mechanisms (including committee oversight and individual approval authorities) for regulatory and management scenario analysis.

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.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• Senior business and risk stakeholders and their team members:
• Group Risk Framework Owners
• Global Head, Enterprise Risk Management
• Global Head, Stress Testing and Analytics
• Other stakeholders include:
• Regional and country stress testing teams
• Group Risk reporting
• Group Finance
• Group Strategy
• Group Sustainability
• Group Investor Relations
• Group Corporate Affairs
• Group Scenario Design team

Other Responsibilities

• Embed Here for good and Group\xe2\x80\x99s brand and values in India / GBS / GRS.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

• Market Knowledge: 8 - 12 years of strong experience in Climate Risk and / or Credit Risk Management as well as global climate policies and industry trends within the space.
• Good communicator, in particular written communications in English.
• Ability to explain complex matters in simple and intuitive terms.
• Ability to track and report progress updates of multiple areas against milestones and highlight key issues.
• Collaborative: working as part of a broader team to ensure a coordinated and consistent approach.
• Good organiser of incoming requests within the team.
• Ability to work with minimal direction.
• Demonstrate understanding of and commitment to the Group\'s core values.
• Ownership mindset, able to think creatively and be open to new ideas.
• Able to work with tight deadlines and multiple demands.
• Proactive, problem-solving, helpful.
• Strong experience in MS Excel and Powerpoint.
• Experience with coding in SAS, R, Python.
• Econometric / statistical model building experience preferred.
• Experience with IFRS9, IRB, Stress testing models.
• Attention to detail.

Academic and professional background

• Good knowledge of banking risk management and standards.
• Understanding of Corporate, Institutional, and Commercial and Retail portfolios and products.
• Previous experience in Climate or Credit risk management.

Role Specific Technical Competencies

• Manage Risk
• Experience in a financial institution, preferably in roles that involve development and monitoring of policies and frameworks for governance and risk management
• Good understanding of the banking industry regulatory landscape, preferably on Climate Risk and / or Credit Risk
• Ability to engage and collaborate with stakeholders at various levels across functions and geographies
• Strong communication and project management skills
• Strong analytical, writing skills and attention to detail
• Self-motivated person with a high level of personal responsibility, drive, dedication and a desire to excel consistently
• Effective in tracking and reporting progress updates of multiple areas and in highlighting key issues

\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.

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.

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