Senior Manager, WRB Stress Testing FP&A

This is a stress testing role that sits within Group FP&A, evaluating the capital adequacy and liquidity position of a bank under a severe but plausible stress scenario. The role would focus primarily at SCB Singapore entity, with need to get involved in other entities’ stress tests when required.

Requirements

• Support WRB on Enterprise Stress Testing and scenario analysis
• Engagement with Product Heads and CRO team to review stress test results and provide advisory on the impact of stress for the respective products and WRB collectively
• Drive credit risk projections on EAD, PD, LGD, ECL, LI and RWA
• Socialise results with stakeholders through a robust review and challenge process
• Analyse and present results for forums and committees
• Support data providers on data quality issues and enhancement of data granularity
• Support model owner(s) on model life cycle activities (change management, development, testing, validation, monitoring, etc)
• Develop a keen awareness and understanding of the Group’s business strategy and model to support Stress Testing
• Support the definition and roll out of enhanced stress testing operating model, governance and system solutions
• Maintain awareness and understanding of the wider business, economic and market environment in which the Group operates
• Identify, within stress testing activities, operational risk issues and areas of non-compliance with internal or external regulations and requirements and propose solutions and escalate appropriately to ensure appropriate control framework is in place
• Ensure adequate model risk governance is followed in adopting stress testing models
• Ensure regulatory stress testing governance requirements are fulfilled, particularly with respect to industry wide stress tests, ICAAP and Recovery Plan exercises
• Interpret requirements, expectations, and observations from regulator in relation to stress testing exercises
• Direct comprehensive analysis throughout the year to identify areas for improvement
• Participate in and provide ongoing support to audit and regulatory reviews and inquiries in relation to Stress Testing
• 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
• Lead to achieve the outcomes set out in the Bank’s Conduct Principles
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association

Benefits

• Competitive salary
• Core bank funding for retirement savings
• Medical and life insurance
• Flexible and voluntary benefits available in some locations
• Time-off including annual leave, parental/maternity leave, sabbatical and volunteering leave
• Minimum global standards for annual and public holiday
• Flexible working options based around home and office locations
• Proactive wellbeing support through Unmind
• Development courses for resilience and other human skills
• Global Employee Assistance Programme
• Sick leave
• Mental health first-aiders
• Self-help toolkits
• Continuous learning culture to support growth
• Opportunities to reskill and upskill
• Access to physical, virtual and digital learning

Tagged as: Change Management