Mgr, Stress Testing (Bengaluru)

Mgr, Stress Testing (Bengaluru)

12 Aug
|
Standard Chartered India
|
Bengaluru

12 Aug

Standard Chartered India

Bengaluru

Job Summary Manger will be responsible for maintenance, execution & enhancement of a suite of Central & Others excl Treasury models – eg. Opex, Tax, Other Banking, OR RWA, Leverage, Bank Levy, et al.

Key Responsibilities Enterprise stress testing comprises the stress tests required by the Group, regions, country and risk management teams, and other senior stakeholders as required to inform Risk Appetite and the stress tests required by the Bank’s regulators.

The team has responsibility for the execution of the Bank’s stress test exercises internally and to external regulators. It is also the centre of excellence for all strategic changes and operational controls, compliance attestation and policy setting for stress testing in the enterprise. As such, this individual will be working as part of a cohesive “strategy and execution” function. The team sets and runs the production schedule for stress testing.

The intent of the hub is to primarily run central workstream production tasks and sub-tasks during the running of each stress test exercise utilising ITO (Group IT) supported technology and produce management reporting on the same.

The successful candidate for this position will play a key role in executing the stress test models in relation to the Central & Others function of Group in the Bank’s stress test exercises.

This will include Bank-of-England (BOE), Internal Capital Adequacy Assessment Process (ICAAP), Management Stress Test (MST) and RPST for the Group.

In addition, he/she should be able to provide valuable inputs to help identify opportunities to improve on stress testing current processes and own quantitative changes and change requests.

Responsible for the stress testing data sourcing and preparations, methodological calculations including the use of existing infrastructure and technology, producing quantitative charts and packs and other related requirements.

Ensure that the stress testing methods employed are compliant with EST procedures and any deviation is properly documented and approved.

Ensure compliance with the Operational Risk Framework requirements and that quantitative controls are in place and executed in full.

Drive improvements in the stress testing computations and automate manual processes for more efficiency and productivity.

Manage all correspondence via their nominated work stream leads, support functions and stakeholders.

Ensure compliance with governance related aspects of EST production and delivery

This is a rapidly evolving space so the role holder must be comfortable with ambiguity and change.

Strategy

Help to ensure appropriate BAU controls being established and deployed effectively in GBS.

Work with partner teams to create and build next generation data products and analytics solutions

Assess problem statements & propose potential solutions by advocating and enabling data-driven analytics

Conduct thorough validation and data quality checks to ensure accurate and value adding solutions being delivered Business The role holder is responsible for the following in undertaking the role:



Execution of the Central & Others stress test models for the entire balance sheet of the Group

Ensure input data quality, reconciliation, validation, consistency with various sources

Produce quantitative packs in various stress scenarios

Produce final numbers pack for submission Processes The role holder will need to support the establishment and documentation of all processes and effective controls for the new hub in accordance with the broader stress testing team People & Talent The role holder will need to support development and stabilisation a newly formed team, working across geographies Risk Management Ensure all activity adheres to the Enterprise Risk Management Framework, relevant policies and standards, with a specific focus on ensuring an effective framework for the management of operational risks as they pertain to the role.

Governance

Demonstrate an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.

Deliver ‘effective governance’; capability to challenge colleagues effectively, or escalate appropriately; and willingness to work in an open and cooperative manner with all. 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.

Lead to achieve the outcomes set out in the Bank’s Conduct Principles

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key stakeholders Stress Testing Team

Enterprise Risk Management members

Key Risk colleagues

Business leadership

Risk Transformation Programme Team

Key operations and technology partners / vendors Other Responsibilities As delegated by Head of Stress Testing from time to time.

Skills And Experience Financial Analysis

External Reporting

Effective Communications

Project Management

SQL

Excel

Data Sciences Qualifications Graduation / Post-Graduation in Finance and with relevant 5+ years of experience.

Functional Skill Sets: Valuable Understanding of banking financials

Knowledge of Operating Expense, Taxation experience in Change / Agile prior experience in ICAAP / BoE submissions - Good to have Technical Advanced Microsoft Office (Excel, Power point, Word)

Python/R

Tableau - Good to have

SQL coding - Good to have solid knowledge in Data Analytics General Skill Set Awareness of trading environment, macroeconomic fundamentals, market moves & potential impact on exposures.





Excellent communication skills - verbal and written

Ability to work under pressure

Have excellent attention to detail

Be able to work in a global team

Expertise in programming language is not required but good to have

Working knowledge in MS Excel, SAS

Knowledge about Finance and various business products

Documentation skills

Working knowledge of the Group’s businesses, governance structure and approach to risk management.

Experience in team admin tasks/cost controller/project accountant role with familiarity to SCB project management standards / tools would be a distinct advantage

Experience in Agile framework 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 straightforward 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.

📌 Mgr, Stress Testing (Bengaluru)
🏢 Standard Chartered India
📍 Bengaluru

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