Ed, Head Capital Mgmt, Sg & Asean Mkts

Singapore, Singapore

Job Description


The Role Responsibilities
Strategy

  • This role has supervisory responsibilities and therefore the Bank\'s supervisory principles must be followed.
  • Ensure that responsibilities to manage structural capital risks are discharged in line with the bank\'s risk management framework across the SG cluster.
  • Ensure that we deliver the Group\'s capital management and stress testing agenda across the region in addition to advising the regional and country management team on shaping an efficient capital position.
  • To actively optimize regional capital outcomes across the SG Cluster and the wider Asia franchise
  • Drive best in class stress testing practices for the SG Cluster and the Singapore franchise across ICAAP and IWST exercises
  • Building a strong collaborative relationship with local and cluster market regulators partnering on strategic regulatory changes and regulatory consultations impacting the bank and Influencing optimal outcomes for bank as we embark on industry first model for international banks
  • Provide effective oversight on regulatory reporting processes and ensure robust controls are in place in line with governance and control framework to ensure accuracy and timeliness in reporting to the regulators.
  • To support the Regional and Country ALCO with analytics and developing solutions & insight to maintain strong capital management practices with good regulatory capital ratios which supports business objectives and complies with the Group policy, PRA regulations and local country regulations.
  • Lead strategic projects (e.g. Rubik, Basel 3 enhancements etc.) delivering balance sheet benefits and best in class target operating model
  • Building a strong capital management team to support the regional consolidated capital management and stress testing requirements along with governance over other markets in the SG cluster
Business
  • Prepare and present reports and findings to assist ALCO\'s decision making and maintain oversight on production of Capital and Stress testing updates into the Country and Regional ALCO packs
  • Monitor the strategic balance sheet measures to ensure adherence to approved capital limits.
  • Actively optimize regional capital and stress testing outcomes across the SG Cluster
  • Co-ordinate the annual review and renewal of structural limits approved by treasury.
  • Lead and drive working groups appointed by ALCO to address strategic issues that impact the Capital position of the SG Cluster
  • Lead and drive the annual ICAAP and other stress test exercises for the SG Cluster as well as the SG franchise.
  • Drive the transition to the enhanced Basel III capital regulatory changes and provide forward looking insight to the businesses and the management team to prepare and adapt to material changes in the entity capital consumption
  • Drive structural FX management for the SG Cluster building an effective framework for efficiently managing the currency risk to the cluster capital ratios
  • Anticipate impact of regulatory and environmental changes on the capital position and overall RWA of the Cluster.
  • Provide effective oversight on regulatory reporting processes and ensure robust controls are in place in line with governance and control framework to ensure accuracy and timeliness in reporting to the regulators.
  • Liaise with Central Bank, Auditors and other stakeholders within and outside the bank in relation to the activities within areas of control.
  • Providing consistent advice to regional and country management on optimal balance sheet shape (capital mix, asset profile, RWA intensity, returns, capital optimization)
  • Sharing capital management best practice across the Region
  • To assist Treasury and Regional/Country CFO to influence the external debate with regulators to drive the best possible outcome for the industry, relevant geography and the Group.
Processes
  • Lead strategic projects (e.g. Rubik, Basel 3 enhancements etc.) to execution delivering balance sheet benefits and a best in class target operating model
  • Participate in change as well as other projects (e.g. Aspire) and ensure deliverables are completed in a timely manner related to balance sheet management aspects.
  • Enhance processes and procedures and mitigate operation risk within capital management and reporting processes. Ensure consistent capital management processes operate in the cluster countries in line with Group best practices.
  • Ensure robust process controls are in place in line with the operational risk framework
People & Talent
  • Building a strong regional capital management team to support the regional consolidated capital and stress testing requirements along with governance over other markets in the SG cluster.
  • Drive the learning agenda devised by Group Finance as well as Treasury on Balance sheet management and promote a culture of learning and self-development.
Risk Management
  • Ensure adherence to structural capital limits, authority frameworks and related control standards and mitigants to ensure risk exposures material to the country remain within risk tolerance and risk appetite.
  • Identifying pressure points and managing challenges related to structural capital limits in country balance sheets and making sure the Country Management Team (CMT), Treasury and local regulators are informed and engaged on the solutioning.
  • Seek appropriate assurance that structural capital policies and other control requirements are effectively implemented and monitor ongoing policy compliance. Lead continuous improvement in capital reporting processes and infrastructure to minimize operational risk and improve efficiency
  • Assist the Group Treasurer, Regional and Country RCOs to discharge their responsibility in line with the bank\'s risk management framework.
Governance
  • Take personal responsibility for understand the risk and compliance requirements of the role. Understand and comply with, in letter and spirit, all applicable laws and regulations, including those governing anti-money laundering, terrorist financing and sanctions; the Group\'s policies and procedures and the Group Code of Conduct.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk and compliance matters.
  • Embed the Group\'s values and code of conduct to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employees form part of the culture.
  • Local regulator prescribed responsibilities and rationale for allocation
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
  • CEO and CFO of Singapore and regional markets
  • Business Heads and the Country Management Team
  • Regulators
  • Treasury
Other Responsibilities
  • Embed Here for good and Group\'s brand and values in Regional Treasury Capital team. Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats);
Our Ideal Candidate
  • 10+ Years of experience in finance and treasury.
  • Strong leadership skills with experience managing an onshore and offshore team
  • Excellent spoken and written communication skills with experience dealing with senior management
  • Strong analytical skills and technical capital management acumen
  • Experience with regulatory engagement
  • Experience leading large infrastructure projects
  • High degree of familiarity with current and future capital regulations (e.g. 637)
Role Specific Technical Competencies
  • Technical Capital Computation Knowledge
  • Capital Regulation Knowledge (Current & Future)
  • Regulatory Engagement Experience
  • Stake Holder Management
  • Capital Management
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.
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

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Job Detail

  • Job Id
    JD1374306
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned