Job Description

Job: Risk
Primary Location: Asia-Singapore-Singapore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 08/Jul/2022, 1:06:02 AM
Unposting Date: 07/Aug/2022, 5:59:00 PM

The Role Responsibilities
Business

• Provide business support to other stake holders in the explanation and breakdown of simulated ECL results
• Interface with internal and external audit, as well as group and local regulators to demonstrate governance around the ECL calculation process.

Processes

• Oversee the data extraction, calculation and write-back processes in the monthly ECL production run. Ensure that the process operates within the requirements as laid out in the various governance frameworks.
• Oversee the results of credit parameters and ECL computation and provide support to make contingency adjustments, issue analysis and the trigger re-runs should there be any compromise of performance.
• Ensure significant deterioration assessment and stage transfer of assets are performed appropriately on a timely basis.
• Review the computed ECL results and provide business support to explain key drivers and trends to Country and Group reviewers
• Facilitate GSAM reviews and the inclusion of the adjustments proposed by countries in the calculation for consolidated reporting purposes.
• Provide assurance that review and adjustments proposed by countries and performed by Group, on the calculation for consolidated reporting purposes, have been subjected to a four-eye check process where justification for adjustments is provided.
• Maintain implemented model templates, calculation flows and business rules on the SPLICE model implementation platform. Work closely with the model development and IT teams to perform enhancements to the above to address model refreshes, new model implementations and requirements.
• Perform ECL simulation runs for the purpose of ECL stress testing. Perform forecasting of the ECL for CIC and Retail applying methodologies to forecast total ECL and ECL variables.
• Perform What if analysis – stressing variables and running the scenarios, making changes in business rules, testing new IFRS9 models in challenger mode.

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.
• Lead to achieve the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

• IFRS9 Reporting
• Credit and Portfolio Management
• Portfolio Analytics and Management
• CPBB Risk Measurement
• Stress Testing Programme
• Group Special Assets Management
• Group Model Development
• Group Model Validation
• External/Internal Auditors
• Risk Finance

Our Ideal Candidate

• Post graduate degree in Finance, Accounting or Risk Management
• Strong analytical and conceptualisation skills
• Good team player, with strong interpersonal and communication skills to work effectively with stakeholders from different functions
• Self-motivated person with a high level of drive, dedication and desire to excel consistently
• Focused and organised, with ability to prioritise and deliver to strict deadlines

Role Specific Technical Competencies

• Hands on experience in Wholesale and/or Retail banking products
• SAS programming skills applied in a regulatory risk context
• Hands on experience in IFRS 9 Impairment requirements
• Experience with SAS Model Implementation Platform
• 9+ Years of experience in Credit Risk modelling / model implementation

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