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
Business / Purpose
To develop new processes and tools that:
meet new capital methodology requirements (such as new products, businesses, locations or regulators' requirements); or
enhance the reporting and management of market risk capital-RWA; or
take in input feeds from new source systems.
To deliver regulatory market risk capital-RWA requirements for Group and Solo SCB:
Bespoke analysis for Front Office and risk managers with relevant and timely expert advice on regulatory market risk capital treatment so that the Group/Solo market risk RWA is managed most effectively.
To support and advise SCB Group subsidiaries on local regulatory market risk capital reporting.
Single subsidiary (e.g. Germany) and new 'Solo' (e.g. Sapphire and Rubik) structures
RWA forecasting analysis and 'benefit statement' formulation
Technical and capital methodology training and implementation support
Processes / Responsibilities
Regulatory market risk capital-RWA submissions and advisory:
Organise the timely submission of all the components required to produce accurate and complete monthly market risk capital-RWA reports.
Take an active role in assessing market risk capital-RWA results and providing the business with regulatory analysis.
Assist in the implementation of systems in accordance with business strategies & policies relating to market risk management;
Issue regulatory and MI market risk capital reports from the core database:
COREP MKR for Group and Solo (monthly) - for submission to PRA;
Market risk capital-RWA MI pack (monthly) for Front Office and risk managers.
Maintain robust EUCs, documentation and validations that continue to ensure reliable, accurate, complete and BCBS-239 compliant reporting.
Participate in Tech projects and enhance market risk capital process :
Contribute actively in technology development projects and streamline processes eg to obtain risk sensitivities for each asset class.
Engage relevant stakeholders (Risk managers, IT, Quants) to ensure that capital calculations are accurately implemented.
Apply data analysis tools like ActivePivot to enhance market risk capital reports.
Develop and enhance Excel, MS Access and VBA tools to calculate market risk capital.
Develop the market risk reporting processes and tools to cater for:
New requirements (new products, businesses, locations, regulators' requirements);
Enhanced analysis - as requested by Front Office, senior mgmt or TRM risk mgrs ;
New source systems/versions (eg. SABRE, ActivePivot);
More secure validations and controls;
Proactively review, recommend, and implement best practices and work flow.
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.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Submit PRA market risk capital-RWA requirements
Group Capital Regulatory Reporting
Financial Markets: businesses and Balance Sheet Management
Traded Risk Management: senior management team and market risk managers
Market Risk Reporting & MI
Market Risk Operations
Our Ideal Candidate
Education: Graduate or equivalent professional qualification.
Technical: Advanced level experience developing applications in MS Excel, MS Access including VBA. Understanding of the "Project Management Life Cycle". Competence in MS WORD and MS Powerpoint.
Able to operate confidently and robustly in a flexible team environment. There is extensive interaction with market risk managers located around the world and with other support functions.
Willingness to work constructively with Risk, Finance, Quant, Reporting and IT teams and to challenge current processes.
Communication skills: Good Communication skills (written and interpersonal) across multiple global locations.
Organizational: Good team player, extremely well organized and able to prioritize with a strong understanding of the SCB network trading book TP systems. Have a high level of initiative, creativity and capable of delivering quality work with minimal supervision.
Experience: Some experience of financial markets products and processes.
Products: An understanding of Financial Markets products with an appetite to quickly learn new product structures.
Technical: Understanding of system process flows and technical documentation. Experience of implementing data quality controls and processes. Awareness of BCBS-239 risk data reporting standards. Experience with programming languages such as VBA, Java, Python.
Experience: Experience in a regulator or financial services function, particularly if it involved market risk capital. Awareness of market risk banking regulation including CRD4/CRR4 and COREP MKR.
Experience in IT projects to streamline and optimize processes.
A detailed understanding of the various calculation methodologies used in Market Risk (e.g. PV01,CR01, NOP, VaR, stress VaR).
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6699642
About Standard Chartered Bank
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