Job Description

Job : Risk
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 27/Jan/2023, 1:30:07 AM
Unposting Date : Ongoing


The Role Responsibilities
Operational Effectiveness

• Develop solutions to improve administrative controls and efficiency within Traded Risk.
• Standardise and systematise Traded Risk processes.
• Leverage technological tools and/or automation to improve effectiveness of BAU activities set out below.

Governance

• Prepare monthly Chief Risk Officer reports.
• Prepare monthly updates for Global Head of FM and Global Head of TRM on main traded risk themes, forward looking insights and high-risk items affecting the Group.
• Lead assessment of the potential conflicts of interest within the function and the implementation of the register for submission to Group Compliance.
• Manage Traded Risk delegation of Market Risk and Counterparty Credit authorities.
• Manage Traded Risk Management tracking of headcount, vacancies, organisational charts.
• Coordinate TRM\xe2\x80\x99s Group Internal Audit engagement and support the delivery of management action plans during annual reviews.
• Manage Traded Risk audit action tracker, coordinating with Group Internal Audit.
• Manage tracking of Traded Risk Material Risk Taker population with periodic reviews and updates to HR.
• Manage Enterprise Risk Management requests for periodic updates, GovPoint and M7 entries where required.

Perform secretariat coordination for FM and TM Traded Risk Forums:

• Drafting agenda
• Drafting Regulatory Update paper.
• Preparing meeting materials (pack).
• Terms of Reference and Membership coordination.
• Recording and tracking meeting actions.

Regulatory Compliance

• Produce, review and circulate monthly PRA Continuous Assessment Meeting packs.
• Manage the TRM Regulatory Tracker for senior management, including distribution of actions to stakeholders and tracking items to completion.
• Support periodic attestation of Market Risk and Counterparty Credit Risk chapters of the Prudential Compliance Framework (PCF).

Support Traded Risk regulatory engagement and requests:

• Actions from Continuous Assessment meetings.
• Regulatory self-assessments.
• Ad-hoc thematic reviews and information requests.

Strategy

• Support the strategic plan for Financial Markets and SCB Group with respect to UK PRA regulatory and market risk capital requirements.
• Support TRM in developing control and governance measures related to emerging risk types such as Climate Risk, Emissions trading, etc.

Business

• Support the strategic intent and collective agenda for Traded Risk Management and Regulatory Affairs.
• Support the Function\xe2\x80\x99s capabilities, skills and infrastructure to meet ongoing business needs and plans with respect to market risk capital and regulatory requirements.

Processes

• Continuously improve the operational efficiency and effectiveness of Traded Risk processes.

People & Talent

• Uphold and reinforce the independence of the Function from those whose primary responsibility is to maximise short-term revenues and profits.
• Lead through example and support the appropriate culture and values within the Function and across the wider organisation.

Risk Management
See above Governance See above Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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
Internal

• Global Head, Traded Risk Management and direct reports
• Head, Regulatory Liaison
• Head, Credit Policy and Process
• Head of Regulatory Reporting
• TRM Risk Managers
• CCIB COO, FM
• Head, Group Regulatory Reporting
• Group Internal Audit

External

• Prudential Regulation Authority (PRA)
• Local Supervisors (e.g., MAS, HKMA, BaFin)
• The Group\'s external auditors
• Industry Associations and Professional bodies such as ISDA, IIF, BBA, GARP

Our Ideal Candidate

• Relevant academic qualifications at university level.
• 5+ Years in experience in Market risk
• Background in Traded Risk \xe2\x80\x93 Market Risk and/or Counterparty Credit Risk experience preferred.
• Experience managing multiple priorities in a similar role.
• Excellent stakeholder management skills.
• Effective communication skills and ability to articulate objectives and requirements clearly.
• Proven writing skills with in a technical or financial area.

Role Specific Technical Competencies

• Market Knowledge
• Regulatory Framework and Requirements
• Programming (e.g., VBA) skills, Advanced MS Office skills

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