Mgr, Stress Testing

Job SummaryThe role holder will be a part of Manager in the Scenario Design Team within the Stress Testing hub in Bangalore The Scenario Design Team SDT is involved in designing maintaining and enriching stress scenarios for the Bank group country-level stress tests and regulatory stress exercises The SDT also maintains and develops the baseline scenario every quarter 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 enterprise stress testing hub is also the centre of excellence for all strategic changes and operational controls compliance attestation and policy setting for stress testing in the enterprise The SDT is responsible for generating and or rolling over the country-level and bank group-level economic stress scenarios which acts as an important input into the broader stress testing engines The candidate has to have a strong grasp on economic concepts such as growth dynamics interest rates prices inflation drivers and government debt The candidate should be able to help design and maintain scenarios across countries and be able to interact with in-country experts on economic matters specific to those countries scenarios Key ResponsibilitiesThe candidate is expected to help in prepare and enrich scenarios for the purpose of various stress test outputs in enterprise stress testing exercises for the Group as well and Countries covering all the Group Regions and Countries The candidate is also supposed to work with group team in creating scenarios for climate risk stress test Primarily the candidate will support Quarterly Management Stress Tests by expanding and rolling forward scenarios on a rolling basis every quarter This would include understanding regulatory asks mandated macroeconomic paths and expand the scenario when required It will entail understanding the existing tools improving upon them and developing new repository of scenarios which can be used with quick turn-around time The candidate should ensure proper governance mechanism is built and maintained for scenarios that the team builds Help the team prepare slides and research content supporting the respective scenarios developed Skills and ExperienceThe role holder is responsible for the following in undertaking the role Deliver on the scenario requirements for the Enterprise-wide Stress Testing EST exercises across the Group Carry out the EST stress testing analytics work for the group Ensure compliance to EST procedures methodologies and controls Manage any all governance related aspects of the execution of scenario building Drive process improvements and best practices for more efficiency and productivity Deliver adequate documentation on stress testing methodology subject to management model validation audit regulatory scrutiny Deliver on the operational risk framework for the scenario enrichment Work towards building an efficient processes for the scenario development process and consumption of data by downstream systems like SSplice and SBAP QualificationsEnsure compliance with the Operational Risk Framework requirements and that quantitative controls are in place and executed in full Drive improvements in the scenario 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 Working knowledge of coding in statistical packages such as R would be preferable This is a rapidly evolving space so the role holder must be comfortable with ambiguity and change About Standard CharteredWe 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 offerIn 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 Recruitment AssessmentsSome 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 Visit our careers website27356