Senior Manager, Climate Risk Scenario Analysis

Job Summary The job holder will be a part of the Scenario Design Team which is involved in designing maintaining and enriching regulatory and management stress scenarios for the Bank at group and country level As part of the 2LoD Scenario Design team they will be expected to review scenario narratives and projections produced by 1LoD This will include generating ideas about which type of scenarios to run for management and regulatory stress tests producing papers for example for Expert Panels and Committees and presenting to senior management The role will in particular support the Head of the Scenario Design Team with key activities as set out below Strategy Design regulatory and non-regulatory macroeconomic and climate risk scenarios Perform review and challenge and when required scenario expansion of key climate and non-climate risk economic variables across the Group s diverse footprint Contribute to committee papers structured data requests and other internal or external scenario-related reports Foster good working relationships and solicit input from Global Businesses and Global Functions and where relevant external vendors to enhance scenarios Contribute to the development of a robust operational risk framework for scenario design processes Stay informed of all regulatory and industry developments related to the scenario work stream Key Responsibilities Business Broad awareness and understanding of business model and risk profile Understanding of the bank s 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 Evaluate relevant existing controls and contribute to designing new controls as required Support development of scenario database including sourcing of internal and external data and performing data quality checks as required People Talent Work with team members in a collaborative manner Foster a culture of knowledge sharing and learning Risk Management Understanding of various scenario families including climate and non-climate scenarios Understand and translating transmission channels of macroeconomic risks into financial system impacts Familiarity with industry leading scenario models Understanding of regulatory expectations with climate and non-climate related scenarios 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 Skills and Experience Copy skills and experience from Qualifications Work experience as economist macroeconomic or environmental economist econometrician or quantitative analyst Prior experience of developing projections in a banking environment in particular climate risk scenarios is desirable Market Knowledge 8-12 years of strong experience in Credit Risk Management 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 Attention to detail Proactive problem-solving helpful Strong experience in MS Excel and Power Point Experience with coding in SAS R Python Econometric statistical model building experience preferred Experience with IFRS9 IRB Stress testing models Academic and professional background Degree qualified in a numerate discipline eg economics statistics mathematics engineering sciences Some familiarity with wholesale and or retail banking 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 33239