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. Job Purpose
Candidate will be a part of the new stress testing hub being created in Bangalore.
Enterprise stress testing comprises the stress tests required by the Group, regions, country and risk management teams, and other senior stakeholders as required to inform Risk Appetite and the stress tests required by the Bank’s regulators.
The team has responsibility for the execution of the Bank’s stress test exercises internally and to external regulators.
It is also the centre of excellence for all strategic changes and operational controls, compliance attestation and policy setting for stress testing in the enterprise.
As such, this individual will be working as part of a cohesive strategy and execution function. The team sets and runs the production schedule for stress testing.
The intent of the hub is to primarily run central workstream production tasks and sub-tasks during the running of each stress test exercise utilising ITO (Group IT) supported technology and produce management reporting on the same.
The successful candidate for this position will play a key role in supporting the development, maintenance, enhancement, and execution of the stress test models in relation to the Balance Sheet, Profit & Loss, and Tax Requirements in the Bank’s stress test exercises globally.
In addition, he / she 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 Structured Template Data (STDF) Templates, as per the requirements set out by the Prudential Regulation Authority (PRA) in the Bank of England (BoE) stress test and other similar date requirements issued by the likes of the Hong Kong Monetary Authority (HKMA) or Monetary Authority of Singapore (MAS)
Ensure that the stress testing methods employed are compliant with EST 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.
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.
The Role Responsibilities Business
Candidate is responsible for the following in undertaking the role :
Stress Testing Model execution
Interface Planning and Support
Analytics and Advisory
People and Talent
Regulatory & Business Conduct
This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Financial Crime Compliance; The Right Environment.
Our Ideal Candidate