Mgr, Stress Testing

Job Summary The successful candidate for this position will play a key role in executing the stress test models in relation to Central Others excluding treasury in the Bank s stress test exercises He She will be responsible for maintenance execution enhancement of a suite of Wholesale Credit risk and Central and Others items book excluding Treasury models This will include Bank-of-England BOE Internal Capital Adequacy Assessment Process ICAAP Resolution Planning Recovery Planning 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 Deliver a high quality Structured Template Data STDF Templates as per the requirements set out by the Prudential Regulation Authority PRA in the Bank of England BoE stress test 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 Key Responsibilities The profile requires person should support in Finance data preparation both management and financial view to support to all the Enterprise-wide Stress testing initiatives like implementation of Group Stress Testing Data Model This includes developing and maintaining an efficient and controls design and operation data management regulatory compliance and overall documentation The candidate will be involved in the Bank s stress test exercises such as Internal Capital Adequacy Assessment Process ICAAP and Bank-of-England BOE Finance Data Hub Finance Hub s primary responsibilities include Data Sourcing and Maintenance of Finance data This involves a set of data wrangling activities - gathering transforming mapping building business views and automation of sourcing processes that would help enrich the quality of data and make it appropriate for the downstream purposes such as analytics reporting and visualization Strategy Help to carry out analytics to decipher insights from FPP reports balance sheets ensure analytics practice being established and deployed effectively in GBS Work with partner teams to create and build next generation 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 Wider knowledge in Credit Risk Capital Liquidity Financial and Management view of bank Knowledge in Financial systems like MRC BPC Financial Analytics Aspire and PSGL is desirable Knowledge in SAS Python R Advanced Excel is preferred Business The role holder is responsible for the following in undertaking the role Deliver on the Credit Risk requirements for the Enterprise-wide Stress Testing EST exercises across the Group Carry out the EST stress testing analytics work for Retail Clients Private Banking and Corporate and Institutional clients Ensure compliance to EST procedures methodologies and controls Manage any all governance related aspects of the execution of credit risk testing Drive process improvements and best practices for more efficiency and productivity Lead and manage the support staff necessary for the production of credit risk stress calculation for with a focus on the banking book this could be in one or all of wholesale retail and private banking wealth management Support development and maintenance of underlying models to enhance credit risk stress testing methodology Deliver adequate documentation on stress testing methodology subject to management model validation audit regulatory scrutiny Deliver on the operational risk framework for the credit risk stress test process Work collaboratively with line manager support covering a wide range of stakeholders across all seniority levels to address urgent and strategic Finance management needs conduct analytics and identify drivers of change in stress tests results Experience in handling Queries of regulators such as PRA Bank of England Work with Hub Model execution teams and onshore stakeholders to ensure accurate results are submitted to regulators and management Coordinate with ERM teams such as Stress Testing ASPIRE Product controls and Finance Modelling to establish how existing results analytics or processes can be leveraged Processes Provide expertise in migrating PoC projects to productionise in collaboration with various teams People Talent Lead through example and demonstrate the bank s culture and values Risk Management Identify assess monitor and mitigating risks to the Group relevant to Data Quality Governance Ensure the adherence to Group BCBS 239 standards when appropriate Provide timely and high-quality responses to both internal and external queries and requests 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 Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Key stakeholders CIB Commercial Retail model owners BVM stress testing Enterprise Risk Analytics CIB Commercial Retail Risk Group Internal Audit Group Operational Risk Technology CDO Other Responsibilities Extensive knowledge in SQL Python SAS Excel Automation and TABLEAU is an added advantage Strong analytical mindset with excellent analytical logical reasoning and problem solving skills Bachelor or Master s degree with technical degree preferred Finance statistics mathematics computer science etc Strong analytical mindset with excellent analytical logical reasoning and problem solving skills Hands-on experience in handling Finance data and best practices in data management Previous experience on Financial Management reporting is an added advantage Excellent written and oral communication skills at all levels i e colleagues to senior management and situations i e one-on-one to presentations Exposure to advanced machine learning methodologies is a plus Self motivated and pro active Qualifications Graduation BE B tech MBA MSC Stats Chartered Accountant Post-Graduation in Finance and with relevant 5 years of experience Skills and Experience General Skill Set Strong knowledge in Data Analytics 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 Python SQL Tableau R Knowledge about Finance and various business products Knowledge of Wholesale and Retail Credit Risk and Stress Testing 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 The role holder should comply with all mandatory e-learning as prescribed from time to time Financial Analysis Stress Testing Credit Risk management External Reporting Effective Communications Project Management SQL Excel Data Sciences 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 39618