Standard Chartered India | Associate Director, Capital Risk Oversight (Bangalore)

Responsibilities

• The team’s mandate is to provide assurance to senior management and the Group regulator (Prudential Regulation Authority and Bank of England) on issues that could impact the Group’s regulatory capital position in a BAU environment and across the stress continuum.
• The team provides second line review and challenge on all regulatory stress tests and recovery plans across the SC Group and Solo, HK & SG.
• The team is a dedicated second line function for the development of Treasury risk related Resolvability capabilities and provides holistic oversight across all Resolvability capabilities.
• The team provides ongoing review and challenge for capital planning purposes to ensure that capital metrics are managed within Risk Appetite and that any distribution plans are credible and affordable under plausible downside stress scenarios.
• Support independent 2LOD oversight of regulatory and internal stress tests, including ICAAP, BCST, RPST, RST, climate stress tests, Management Stress Tests and relevant material legal entity exercises.
• Provide SME reviews on Treasury risk results, including the evolution of income and balance sheet amounts, including the determination of key judgements embedded therein.
• Provide independent conclusions on capital resilience, recovery capacity and material vulnerabilities, including the adequacy of remediation against regulatory, audit and 2LOD findings.
• Provide analytical support to the team in summarising and reviewing the SBAP outputs, model results, overlays, management adjustments and key assumptions.
• Consolidate input from Treasury Risk and other Risk Framework Owners into an integrated 2LOD assurance view.
• Assess compliance with applicable policies, standards, regulatory requirements, controls, attestations and approved dispensations.
• Support independent review and challenge of Recovery Plan Stress Tests, recovery scenarios and the associated management-action framework.
• Assess the credibility, quantification, timing, dependencies and execution constraints of management actions.
• Provide independent conclusions on total recovery capacity and the Group’s ability to restore capital and liquidity resilience.
• Maintain oversight of Treasury Capital Risk policies and supporting governance frameworks.
• Lead policy effectiveness reviews and challenge policy compliance across Treasury risk activities.
• Review horizon scanning of regulatory developments and assess impacts on capital and resolution frameworks.
• Manage policy dispensations, exceptions and remediation activities.
• Ensure policies remain aligned with regulatory expectations and enterprise risk management framework.
• Act as SME for Capital Risk Oversight and stress-testing process architecture within Process Universe and ARIS.
• Drive improvements to process controls, operating models, governance, documentation and management information.
• Produce formal assurance reporting for GRC and BRC, clearly escalating material observations, residual risks and unresolved actions.
• Define 2LOD processes, responsibilities, handoffs and dependencies, maintaining clear separation from first-line ownership and specialist validation.
• Drives Vision & Purpose

Requirements

• Prior experience in Stress Testing, Market Risk, Credit Risk, Operational Risk, ICAAP, Regulatory capital requirements etc.
• Good understanding of Financial, Risk and Capital metrics.
• Language: Proficiency in verbal & written English.
• Technical Competencies: This is a generic competency to evaluate candidate on role-specific technical skills and requirements.

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