Job Description

Job: Risk
Primary Location: Europe & Americas-United Kingdom
Other Locations: Asia-Singapore-Singapore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 02/Aug/2022, 10:18:32 AM
Unposting Date: Ongoing

Role Responsibilities
Strategy Support the development of the Climate Risk scenario workstream focussed regulatory and management stress testing and scenario analysis, as well as periodic analysis including portfolio sensitivity analysis to both transition and physical risks.
Support the use of climate scenario analysis for various objectives, including risk management, business decision making and strategy, corporate and account planning. Ensure that appropriate risk parameters and business targets are set up and adequately consider the Group’s stress results. Support the development of a climate scenarios knowledge base, including research into industry best practices, regulatory and academic developments. Focus on execution while being innovative, ability to take accountability and find ways to be part of the solution even when identifying problems. Support country teams in executing local climate risk related stress testing and scenario analysis needs. Business Broad awareness and understanding of the bank’s business model and risk profile.
Strong 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 related workstream for Climate Risk.

Evaluate relevant existing controls, and contribute to designing new controls as required. Support development of a climate database, including sourcing of internal and external data and performing data quality checks as required. Risk Management

• Understanding of various scenario families including NGFS, IPCC, and IEA scenarios
• Understand and translating transmission channels of climate risks into financial system impacts
• Familiarity with industry leading climate risk models and climate/ESG data providers, with fluency in the scope, capabilities, and limitations of each tool and platform
• Understanding of regulatory expectations with respect to climate risks including capital frameworks etc
• 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

Governance

• Contribute to overall governance mechanisms (including committee oversight and individual approval authorities) for regulatory and management scenario analysis.

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 Senior business and risk stakeholders and their team members:
Group Risk Framework Owners Global Head, Enterprise Risk Management Global Head, Stress Testing & Analytics Other stakeholders include: Regional and country stress testing teams Group Risk reporting Group Finance Group Strategy Group Sustainability Group Investor Relations Group Corporate Affairs Our Ideal Candidate

• Prior engagement in climate-related workstreams and other risk areas strongly desired.
• Prior hands on experience with stress testing and risk reporting preferred.
• Prior engagement with Risk Framework Owners / Policy Owners and business owners preferred.

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
• 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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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 assessments - some 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 website www.sc.com/careers