Senior Manager RPST MST Stress Testing Job Vacancy in Standard Chartered Bengaluru, Karnataka – Updated today

Are you looking for a New Job or Looking for better opportunities?
We got a New Job Opening for

Full Details :
Company Name : Standard Chartered
Location : Bengaluru, Karnataka
Position :

Job Description : Job: Finance
Primary Location: Asia-India-Bangalore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 01/Mar/2022, 10:15:55 PM
Unposting Date: Ongoing

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It’s about showing how you embody our valued behaviours – do the right thing, better together and never settle – as well as our brand promise, Here for good.
We’re committed to promoting equality in the workplace and creating an inclusive and flexible culture – one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
The successful candidate for this position will play a key role in executing the stress test models in relation to Credit Risk, Balance projections, Income and Loss Projections, Balance Sheet and Capital / Liquidity Requirements in the Bank’s stress test exercises. The candidate should also have the capability to work across multiple workstreams in a stress testing exercise under extremely high pressure in a reasonably unstructured environment.
This will include Resolution Planning, Recovery Planning, Reverse Stress Testing, Internal Capital Adequacy Assessment Process (ICAAP), and Bank-of-England (BOE) for the Group.
In addition, this person should be able to provide valuable inputs to help identify opportunities to improve on stress testing current processes and own quantitative changes and change requests.
Responsible for the stress testing data sourcing and preparations, methodological calculations including the use of existing infrastructure and technology, producing quantitative charts and packs and other related requirements.
Deliver a high quality Stress Testing Data Framework and Templates (STDF), as per the requirements set out by the Prudential Regulation Authority (PRA) in the Bank of England (BoE) stress test and other similar data requirements issued by the likes of the Hong Kong Monetary Authority (HKMA) or Monetary Authority of Singapore (MAS), Central Bank of China, Bank of Nagara, EBA etc.
Ensure that the stress testing methods employed are compliant with Enterprise Stress Testing methodologies and procedures, and any deviation is properly documented and approved.
Ensure compliance with the Operational Risk Framework requirements and that quantitative controls are in place and executed in full.
Automation, maintenance, enhancement, and execution of the stress test models for the balance sheet and P&L, considering various dimensions including segments, geographies and products. Work alongside workstream leads to develop and prepare quantitative financial projections. Translate business and market drivers into financial projections, especially for wholesale banking products. Identify model risks and quantify impact. Automation and maintenance of the data templates that are used for regulatory submission for all the banks regulators.
Drive improvements in the stress testing computations and automate manual processes for more efficiency and productivity.
Manage all correspondence via their nominated work stream leads, support functions and stakeholders.
Ensure compliance with governance related aspects of EST production and delivery.
This is a rapidly evolving space so the role holder must be comfortable with ambiguity and change.

Business
The role holder is responsible for the following in undertakings:
Strong Focus on Risk and finance metrics like Expected Credit Losses, Gross and Net Interest Income, Loan Impairment Charges, RWA, CET1.
Greater understanding of the interrelationships among plethora of macroeconomic factors and drivers and their impact on performance of Bank under myriad levels of stress scenarios and environment.
Execution of the Liquidity / Capital stress test models for the entire balance sheet and liquidity requirements.
Build automation of data extraction and model projection capabilities.
Consider all different dimensions –segment, geographies and products – of the bank.
Ensure input data quality, reconciliation, validation, consistency with various sources.
Work alongside global business stakeholders to develop, understand, and translate stress parameters into the final balance sheet projections and liquidity metrics.
Manage execution timelines around the stress test exercises.
Analyse and present results in a concise yet informative manner to senior management.
Incorporate other areas of risk into current balance sheet/liquidity/capital model.
Support documentation of stress test model methodology, ensuring it is compliant with group governance standards.
Produce quantitative results packs on the bank’s liquidity / capital position in various stress scenarios.
Produce final numbers results pack for submission.
Produce related data templates for external regulators (STDF).

Processes
The role holder will need to support the establishment and documentation of all processes and effective controls for the stress testing hub in accordance with the broader stress testing team.
The role holder should diligently operationalise and manage the controls of Operations.

People and Talent
The role holder will need to support the junior team members to develop deeper understanding and to grow in techno functional areas of stress testing.

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.

Governance
Demonstrate an awareness and understanding of the regulatory framework in which the Group 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.

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 the team 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
Stress Testing Team
Enterprise Risk Management members
Key Risk colleagues
Business leadership
Risk Transformation Programme Team
Key operations and technology partners / vendors
Modelling Teams
Research and development and documentation team
External Regulatory teams

Other Responsibilities
As delegated by Head of Stress Testing from time to time.
Our Ideal Candidate
The role holder will have experience in:
Regulatory reporting in the financial services industry.
Knowledge of regulatory frameworks and Banking regulations.
Full or partial qualifications like CFA or FRM will be considered favourably.
Working across geographies and timezones.
Excellent oral, written communication and presentation skills.
Robust skills for qualitative and quantitative analysis e.g. financial and process.
Excellent academic background, preferably with a degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineering.
Understanding of SCB’s key footprint markets will be added plus.

Role Specific Technical Competencies
Results orientated, with attention to detail – Advanced
Excellent inter-personal skills; comfortable in building relationships, with outstanding written and oral communication skills with high competency in MS Word, Excel and PowerPoint – Advanced
Confident self-motivated person with a high level of drive and ability to operate in a fast-paced environment – Advanced
Good problem identification skills coupled with an analytical and pragmatic approach to proposing solutions – Advanced
Knowledge of and direct experience in stress testing at a major international bank, could be in a specific workstream such as market risk or credit risk, or at a group level, such as group risk or group finance. This should include Bank of England, HKMA, MAS or CCAR. – Advanced
Forecasting and Modelling Skills – Advanced
Good working knowledge in SAS and MS Excel (Pivot Tables) to be able to use these on day 1 – Core
Experience with data reporting tools (Tableau, PVT) and the like – Core
Strong IT skills such as SQL, VBA, Access skills are advantageous – Core
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.

This post is listed Under  Software Development
Disclaimer : Hugeshout works to publish latest job info only and is no where responsible for any errors. Users must Research on their own before joining any company