Executive Director, Basel 3.1 Delivery

Singapore, Singapore

Job Description


The Role Responsibilities

The role holder will:

  • Provide support to the Basel 3.1 Business Impacts Management (\xe2\x80\x9cBIM\xe2\x80\x9d) Programme Manager on key deliverables.
  • Coordinate with, CCIB, CPBB and Treasury Markets businesses, the work required to assess and manage impacts of Basel 3.1 well in advance of implementation date, identifying key optimisation and mitigation strategies and tracking those to implementation/conclusion with business SMEs
  • Manage business impact data requests working with the QIS (\xe2\x80\x9cQuantitative Impact Studies\xe2\x80\x9d) team and FRTB Programme
  • Work with SMEs from Functions and Businesses to agree an Output Floor methodology and feed in agreed methodology to workstream focused on enhancing Corporate Planning, Forecasting and provision of MI for ongoing performance management
  • Lead the development of managing the output floor based on the methodology agreed with particular focus on ensuring data quality if sufficiently robust to support efficient standardised capital calculations and therefore reduce the impact of the Output Floor
  • Work with Hubs and Countries to drive consistency of approach with respect to business mitigation, Data sourcing and implementation and propose solutions that ensure capital calculations are optimised for both Group and Countries
  • Work closely with CALO (\xe2\x80\x9cCapital & Leverage Optimisation\xe2\x80\x9d) team on optimising capital calculations across Group and key markets based on Basel 3.1 to reduce Sum of the Parts (\xe2\x80\x9cSOTP\xe2\x80\x9d) impact and improve/manage Double Leverage
  • Provide regular updates to programme and onward to key committees, GALCO, Solo ALCO on business impacts observed and progress to meet mitigation and optimisation targets identified. Support provision of business impacts on RWA & CET1 metrics for CCIB, CPBB and TM at Group level and Solo level on a monthly and quarterly basis respectively
  • Work closely with GCFO Change and FRTB Programmes on implementation activities required to support business impacts optimisation and mitigation, output floor implementation and data sourcing consistency for Group and Countries.
Strategy
  • Support programme management and driving definition of business requirements with SMEs to support key changes in processes, people, policies and systems & technology enhancements that will support embedding Basel 3.1 changes into BAU with specific focus on Output Floor and Group/Country consistency
  • Support Global Head with effective communication, both internally and externally, on Basel 3.1 compliance, its impact to BAU and mitigation strategies
Business
  • Strong communication skills and ability to provide updates on progress to a variety of stakeholders
  • Analytical capabilities to provide insight into potential solutions for output floor allocation
  • Ability to explain complex issues and suggest solutions to senior management
  • Proactive and collaborative, able to strive to find acceptable solutions and facilitate discussion amongst stakeholders to provide a good outcome
  • Good understanding of expectations from Regulators as well as our internal business functions model requirements
Processes
  • Good understanding of programme management techniques and the ability to oversee multiple deliverables at one time
  • Adherence to all relevant governance standards and WoW (Ways of Working)
People & Talent
  • Lead the team to deliver key objectives of Basel 3.1 Business Impacts Management Programme with particular focus on ensuring accurate and timely impact analyses are provided to key stakeholders
Risk Management
  • Ensure that Project risks are accurately captured and tracked with mitigation plans identified
Governance
  • Support Internal & External Audit queries and requests as they pertain to programme deliverables including such tracking of remediation plans for Audit and elevated residual risk treatment plans
  • Meet governance obligations as laid out in WoW under the Project Management Framework
Regulatory & Business Conduct
  • Support key regulatory requests with respect to Basel 3.1 impacts and implementation into BAU business processes
  • Display exemplary conduct and live by the
. * 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.
  • Lead the Basel 3.1 Business Impacts Management Team to achieve the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles. Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
Key stakeholders
  • Global Head, Basel 3.1 Business Impacts Management Programme Manager
  • Members of Risk, Finance (GRR, FP&A and Treasury), CCIB, CPBB and TM MT
  • Key Risk & Finance (GRR, FP&A and Treasury) Country and Regional Hub resources
  • Senior members of Risk, Finance, CCIB and CPBB Businesses
  • Senior members of GCFO Change and Functions Technology
  • Internal & external Audit
  • Key Regulators and Industry Forums
Our Ideal Candidate
  • University Degree in Financial/Statistical/Mathematical Discipline
  • Bachelors/Master\xe2\x80\x99s from a well-reputed university.
  • 10+ Years of experience into Banking Industry
  • Extensive experience of working in an environment supporting regulatory change, preferably Basel related
  • Demonstrable Programme Management experience in a large and complex business environment
  • Excellent Stakeholder management
  • Experience of delivering programmes that have a Regulatory element and as such able to understand the nuances of Regulatory expectation
  • Very strong interpersonal skills
  • Demonstrable leadership experience from a line management perspective but additional in support of virtual teams across multiple organisational functions
  • Able to operate in ambiguous environments and propose decisions using a risk based approach
Role Specific Technical Competencies
  • External Reporting
  • Risks & Controls
  • Performance Management
  • Balance Sheet Management
  • Regulatory & Compliance
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.

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Job Detail

  • Job Id
    JD1380254
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned