Job Description

This role is part of the Treasury - Liquidity (TL) function which is a central team within Treasury responsible for ensuring that the Group maintains stable, cost efficient and diversified sources of funding which is sufficient to meet its business aspirations and withstand an extreme but plausible stress.

Liquidity Framework and Stress Testing team within TL is responsible for designing and implementing: (i) the liquidity and funding management framework; and (ii) stress testing models and methodologies for the Group. This includes owning and maintaining the underlying policies, standards, regulatory interpretation, models and methodologies including the governance aspects. In addition, the team owns the end to end process (including platform, models, governance) for liquidity scenario analysis used in the Group Recovery Plan (GRP) and Funding in Resolution (FiR).

The ultimate objective of the team is to ensure compliance with the PRA's Overall Liquidity Adequacy Requirement (OLAR) which requires Group to hold adequate liquidity buffer to sustain a range of severe stress scenarios. The team is also responsible for preparing an overall liquidity risk assessment that goes into the Internal Liquidity Adequacy Assessment Process (ILAAP) which is submitted to the PRA on an annual basis.

The team is also responsible for contributing to the Enterprise Wide Stress Testing (EWST) as a work stream owner for Liquidity Risk. The team works closely with the central Stress Testing team to deliver a variety of EWSTs throughout the year including but not limited to ICAAP, BOE Stress, Group Recovery Plan and Reverse Stress Test.

The team works closely with senior stakeholders across the Group including Treasury, Businesses, Risk and Finance functions as well as externally with Regulators.

REQUIRED KNOWLEDGE, EXPERIENCE AND COMPETENCIES

The ideal candidate should have:

• 5+ years of experience in Treasury / Asset Liability Management (ALM) / Liquidity Risk function;
• Deep knowledge of liquidity risk management practices and liquidity regulations such as LCR, NSFR (particularly PRA and HKMA regulations);
• Strong experience in building and maintaining the cash flow or behavioural models for different products (such as operational deposits, derivatives collateral outflow or interest rate risk) including model risk governance aspects;
• Good knowledge of banking book and trading book (financial markets) products;
• Deep interest in technology and be digitally literate, coding experience (e.g. in VBA / R / Python) is a strong plus;
• Ability to understand, define and articulate business requirements in a clear, precise manner (with project management experience is advantageous);
• Ability to scope and conduct data intensive numerical studies and present the results in a concise and clear manner to audiences;
• Experience in managing senior stakeholders including Committees with effective presentations and influencing skills;
• Able to work independently yet a great team player; and
• Fast learner with a strong interpersonal, problem solving and analytical skills.]

Strategy

• The role provides vital input into the global liquidity and funding management strategy. This primarily comes in the form of ILAAP and recommendation for the Board Risk Appetite. In addition, the role involves designing and setting various liquidity and funding metrics which in turn drive the balance sheet strategy.

Business

• The role involves active discussion with the businesses (both CCIB and CPBB) to understand their needs and use of the balance sheet, in order to design and implement appropriate liquidity and funding metrics.

Processes

• The candidate is responsible for contributing to the relevant processes owned by the team which is primarily linked to Risk Management responsibilities described below.

People and Talent

• No direct responsibility to manage people, but involves coaching and providing oversight to junior members in certain areas.

Risk Management

• Lead and drive the assigned projects independently. The breadth and depth of the projects offers a wide range including BAU policy / standard maintenance to a critical regulatory submissions like ILAAP to a bespoke model / methodology development.
• Collaborate with broader Treasury colleagues (particularly regional/country teams), Business stakeholders, Technology and Finance to socialise and implement the model/methodology changes.
• Act as Subject Matter Expert (SME) and trusted advisor for liquidity risk topics by assisting the line manager in relation to:

• Design and implement models and methodologies to manage the liquidity and funding risk across the Group;
• Design different scenarios (for recovery, resolution or ad-hoc stress) and assess the liquidity impact by leveraging the internal simulation platform (T-Strats);
• Implement and maintain liquidity metrics in the technology platform (RCO & T-Strats);
• Interpret liquidity regulations (such as LCR, CFMR, NSFR);
• Assess liquidity impact from emerging areas like Climate Risk, Crypto Assets; and
• Review and approve new products (or changes to the existing products) via PPG process.
• Manage compliance with SCB's internal governance standards such as model risk, EUC governance, operational risk control, prudential compliance framework and manage associated documentations.
• Actively contribute to the broader technology agenda to improve the liquidity platforms and data quality.
• Manage and liaise with internal / external auditors as well as with the Treasury CRO function as and when required.
• Assist the line manager in supporting the broader TL initiatives.

Key Stakeholders

• Treasury Liquidity
• Treasury Liquidity Modelling & Platforms
• Regional / Country Treasury
• Treasury - Markets
• Relevant Business Stakeholders (from CCIB and CPBB)
• Treasury CRO
• Country and Business Finance
• Technology

ROLE SPECIFIC TECHNICAL COMPETENCIES

• Liquidity Risk Advanced
• Liquidity Regulations Advanced
• Modelling Core
• Product / Business Knowledge Core

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 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.

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