Standard Chartered India | AVP Scenario Design

Responsibilities

• The job holder will be a part of the Scenario Design Team which is involved in designing, maintaining and enriching regulatory and management stress scenarios for the Bank at group and country level.
• Design regulatory and non-regulatory climate risk scenarios.
• Perform scenario expansion of key climate risk economic variables across the Group’s diverse footprint.
• Present baseline and alternative scenarios to senior managers in forums, expert panels and committees.
• Contribute to committee papers, structured data requests and other internal or external scenario-related reports.
• Contribute to the development of a robust operational risk framework for scenario design processes.
• Design and build controls for the Scenario analysis related workstream for Climate Risk.
• Evaluate relevant existing controls and contribute to designing new controls as required.
• Support development of a climate database, including sourcing of internal and external data and performing data quality checks as required.
• Work with team members in a collaborative manner.
• Ensure that outcomes delivered, including necessary controls are fit for purpose and meet regulatory requirements.
• Ensure the Bank’s risk governance disciplines are adhered with.
• Lead the scenario analysis workstream for the group and countries.
• Lead the reporting and TCFD requirements for countries.
• Foster good working relationships and solicit input from Global Businesses and Global Functions and, where relevant, external vendors to enhance scenarios.
• Foster a culture of knowledge sharing and learning

Requirements

• Understanding of various scenario families including NGFS, IPCC, and IEA scenarios.
• Familiarity with industry leading climate risk models and climate/ESG data providers, with fluency in the scope, capabilities, and limitations of each tool and platform.
• Understanding of regulatory expectations with respect to climate risks including capital frameworks etc.
• Experience in dealing with large complex, change projects and/or building / delivering new capabilities.
• Experience with scenario expansion and/or econometric modelling for scenario analysis and stress testing purposes.
• Understanding of the bank’s existing enterprise risk management framework, governance of the ERMF related requirements, wider stress testing and scenario analysis capabilities and existing processes, with an understanding of the climate risk stress testing and scenario analysis approach
• Good problem identification skills coupled with an analytical and pragmatic approach to proposing solutions

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