Standard Chartered India | Assistant Manager - Stress Testing

Responsibilities

• Risk Management: Ensure all activity adheres to the Enterprise Risk Management Framework, relevant policies and standards, with a specific focus on ensuring an effective framework for the management of operational risks as they pertain to the role.
• Stress Testing, as part of Finance, is an independent group function responsible for projecting the financials and capital/liquidity ratios of the entity in question given certain assumptions about Bank’s policies and economic variables.
• Processes: The role holder will need to support the establishment and documentation of all processes and effective controls for the hub team in accordance with the broader stress testing team.
• Governance: Demonstrate an awareness and understanding of the regulatory framework in which SCB operates, and the regulatory requirements and expectations relevant to the role.
• Deliver ‘effective governance’; capability to challenge colleagues effectively or escalate appropriately; and willingness to work in an open and cooperative manner with all.
• Internal Stress Tests: Internal Capital Adequacy Assessment Process (ICAAP), Management Stress Tests (MST) etc.
• Regulatory Stress Tests: HKMA SDST, MAS Stress Test, BOE Stress Test, BOT Stress Test, Reverse Stress Tests etc.
• Climate Risk Stress Tests: A new area of analysis focussing on the impact of climate change on Banking industry.
• Driving ‘Digitisation’: Responsible for designing, prototyping, and implementing strategic change initiatives to increase business efficiency of stress testing processes.
• The unit is Performance Driven with an aptitude to meet the expectations of Senior Management & Regulators by living the values of the organization in Doing the Right Thing and Better Together.
• The Never Settle attitude makes this unit unique in its approach to always be a Future-Fit organization.
• Deliver on the Credit Risk, Balance Sheet & Income Statement projections for the Enterprise-wide Stress Testing (EST) exercises
• Ensure compliance to EST procedures, methodologies, and controls.
• Manage all governance related aspects of the execution of stress testing
• Drive process improvements and best practices for more efficiency and productivity
• Support development and maintenance of underlying models to enhance stress testing methodology.
• Deliver adequate documentation on stress testing methodology subject to management, model validation, audit & regulatory scrutiny.
• Deliver on the operational risk framework for the stress test process.

Requirements

• Good understanding of Balance Sheet/Income Statement accounting and/or Credit Risk concepts.
• Exceptional written / verbal communication skills.
• Knowledge of Python or equivalent software packages for data analysis.
• Knowledge of data visualization tools like Tableau / Power BI.
• Knowledge of MS Excel
• Knowledge of IFRS9 Regulation

Standard Chartered

Standard Chartered is an international banking group headquartered in London, with a strong focus on Asia, Africa and the Middle East. It was formed in 1969 through the merger of Standard Bank and The Chartered Bank.

Its Indian global business services centres hire finance professionals for financial control, stress testing, regulatory reporting, tax and risk roles.

• Industry: Banking and financial services
• Headquarters: London, UK
• In India: Present in India for over 150 years, with global business services centres in Bengaluru and Chennai