About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
This is an existing role, where the holder will lead on a number of Review and Challenge initiatives on Bank of England core deliverables as well as other exercises and projects on an ad hoc basis. The holder will need to input to the wider enterprise risk management agenda and drive continuous enhancement of enterprise stress testing capabilities as well as managing a team of three resources. Enterprise stress testing comprises the stress tests required by the Group's management and Board to inform Risk Appetite and the stress tests required by the Prudential Regulation Authority (ICAAP stress test, Bank of England's annual concurrent stress test, Recovery Plan stress test and Reverse stress test). The role requires technical knowledge of stress testing methodologies and excellent stakeholder management, upwards and downwards. The role reports to the Head of Stress Test Review and Challenge and sits within the Enterprise Risk Management function, which drives all enterprise stress testing initiatives in collaboration with teams across the Risk, Group Treasury and Finance divisions.
Lead the design and implementation of review and challenge on enterprise stress tests for credit risk.
Present key findings to senior stakeholders internally and make pragmatic and effective recommendations to ensure resolution.
Build strong relationships with key stakeholders in the enterprise stress testing process within Group Risk or across Group Finance, Group Treasury or the business.
Drive continuous improvement in methodologies applied, ensuring that regulator feedback is being addressed.
Represent the Bank in internal and external fora as well as meetings with the PRA.
Work alongside with Group Model Validation on independent review projects and ensure synergies for ERM.
Manage deliverables on areas not related to credit risk, such as NII evolution.
Lead the P2B review for local ICAAP submissions across the Group.
Lead projects on an ad hoc basis.
Lead a team of up to three.
Our Ideal Candidate
Prior involvement in ICAAP and/or stress testing across retail and wholesale credit risk.
Ability to navigate through model development documents, understand the drivers and investigate issues
Advanced understanding of IFRS 9 as well as the IRB framework.
Detailed knowledge of and direct experience in Bank of England stress testing exercises.
Advanced understanding of accounting concepts and ability to navigate through bank financial statements and identify dependencies across different areas.
Strong analytical, creativity and problem-solving abilities.
Excellent inter-personal skills; comfortable in building relationships at senior levels and across teams, with outstanding written and oral communication skills.
Confident self-motivated person with a high level of drive and ability to operate in a fast-paced environment.
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6225694
About Standard Chartered Bank
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