Manager, Liquidity Stress Testing

Job Description
Job Summary
Assistant Manager will be responsible for execution & result analysis of capital stress testing mode

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 Balance Sheet and Capital and Liquidity Requirements in the Bank's stress test exercises.
• This will include Resolution Planning, Recovery Planning, Reverse Stress Testing, Internal Capital Adequacy Assessment Process (ICAAP), and Bank-of-England (BOE) Stress Test 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 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.

Business

• The role holder is responsible for the following in undertaking the role:
• The role holder is responsible for the following in undertaking the role:
• Strong Focus on Capital metrics like CET1 ratio, tier1 ratio, tier2, ratio double leverage ratio, etc
• Strong Focus on Liquidity metrics like LCR, NSFR, etc
• Execution of the capital and liquidity stress test models for the entire balance sheet for the Group/Solo
• Consider all different dimensions –segment, geographies, and products – of the bank
• Ensure input data quality, reconciliation, validation, consistency with various sources
• Support documentation of stress test model methodology, ensuring it is compliant with group governance standards
• Produce related data templates for external regulators (STDF)

Processes

• The role holder will need to support the establishment and documentation of all processes and effective controls for the hub in accordance with the broader stress testing team

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.
• Serve as a Director of the Board
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Associatio

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

• Finance
• Risk
• SAS
• Python

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.

Profile Description
Standard Chartered Bank