This job offer is not available in your country.

Director, Stress Testing and RRP, SG & ASEAN - STANDARD CHARTERED BANK (SINGAPORE) LIMITED

STANDARD CHARTERED BANK (SINGAPORE) LIMITEDD01 Cecil, Marina, People’s Park, Raffles Place, SG

4 days ago

Job description

Roles & Responsibilities

Job Summary

The incumbent will lead the Stress Testing and RRP function within the SG & ASEAN Treasury team, responsible for all deliverables around Stress Testing, RRP and regulatory engagement. This role involves close collaboration with the Head of Capital Management, ASEAN and Head RRP, HK / GCNA and the Global ST and RRP teams to drive the agenda locally for Singapore and the cluster.

Responsibilities

Regulatory Capital Stress Test

Ensure that we deliver the Group’s stress testing agenda across SG Cluster
Lead and drive the annual ICAAP and other stress test exercises for SG Cluster franchise
Provide insights to key business risks that emerge from stress testing exercises for risk management
Drive best in class stress testing practices for the SG Cluster and the Singapore franchise across ICAAP and IWST exercises
Actively optimize regional capital and stress testing outcomes across the SG Cluster
Provide effective oversight on regulatory reporting processes and ensure robust controls are in place in line with governance and control framework to ensure accuracy and timeliness in reporting to the regulators.
Assist Treasury and Regional / Country CFO to drive the optimal capital outcome for Bank

Recovery Plan

Interpret the regulatory requirements from the local, Regional and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions

Construct of the Country recovery plan for the SG entities and the SG sub-Group in compliance with local / Regional regulations and Group policies and procedures

Recalibration of Recovery indicators in compliance with the Relevant policies and procedures and preparation of Country and Regional stress dashboard with relevant thresholds / scalars and approvals

Conduct scenario analysis for inclusion in the Regulatory submissions as per the local / group regulatory requirements

Lead and drive for a full-blown fire drill in line with the Regulatory requirements with the relevant inputs / crisis MI

Engage relevant stakeholders for end to end data inputs and governance reviews

Lead engagement with the MAS and other relevant regulators

Roll out of ORF for the RCP global processes

Resolution Information pack

Interpret the regulatory requirements from the local, Regional and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions

Understand and initiate Determination of approaches to identify the various critical components for Material entities, Critical shared services, Critical functions etc

Detailed and granular level of data collation through wide stakeholder engagement from across the Bank, business functions and related entities (Including OCIR)

Regular Engagement with the Group and SG senior management across function driving support and governance around the regulatory submission

Lead engagement with the MAS on specific queries and driving the conversations on approaches and results of the approaches

Prepare and develop CMG and Pre CMG-presentations for the SCB SL Group

Lead on all the works conducted on resolving Barriers to resolution

Processes

Participate in strategic projects and ensure deliverables are completed in a timely manner related to Stress testing aspects.

Enhance processes and procedures to mitigate operation risk within capital management and reporting processes.

Ensure robust process controls are in place in line with the operational risk framework

People & Talent

Build a strong RRP / Stress Testing team to support the country / cluster / Group strategy, leading through example and instilling the appropriate culture and values.

Pro-actively manage the skills in the country based on the current needs but also the future needs as per the new operating model.

Contribute to talent management and learning & rewards and promote a culture of learning and self-development.

Ensure the provision of ongoing training and development of people so that holders of all critical functions are suitably skilled and qualified for their roles and that effective supervision is in place to mitigate any risks.

Governance

Take personal responsibility in understanding the regulatory and compliance requirements of the role. Understand and comply with, in letter and spirit, all applicable laws and regulations, including those governing anti-money laundering, terrorist financing and sanctions, the Group’s policies and procedures and the Group Code of Conduct.

Area of control encompasses Recovery and Resolution Planning related process enhancement / implementation and compliance with regulatory requirements with respect to RRP

Effectively and collaboratively identify, escalate, mitigate, and resolve risk and compliance matters.

Deliver ‘effective governance’; capability to challenge fellow executives effectively; and willingness to work with any local regulators in an open and cooperative manner.

Good relationship with regulators with ability to contribute & where possible influence policy formulation. Keep abreast of all the changes in the global environment and give the regulators a good feel of our strategy & what we're trying to achieve

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.

Key Stakeholders

Cluster Treasurer – ASA

Head – Capital Management – ASA

Head – RRP HK / GCNA markets

CFO – ASA

Relevant Country / Regional data providers – from all business, functions and material entities

Group teams – OCIR and other providers of data and information

Treasury RRP – for all group matters relating to RRP regime

Country and Regional BSM team – for relevant inputs, Governance through ALCO’s, stress tests and Crisis MI

Compliance – For any regulatory matters

Regulators – MAS

Other Responsibilities

Embed Here for good and Group’s brand and values in Treasury.

Discharge other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

15+ years of finance / treasury related work experience in the banking sector including 10+ years of experience in balance sheet management activities in the financial industry.

Education : Degree holder in Finance, Maths, Engineering or similar field

Strong understanding of the broader banking environment and the associated business challenges developed through experience in the industry.

Knowledge of country regulatory environment and requirements, as well as, ideally, knowledge of regulatory requirements in other key Group markets.

Sound understanding of balance sheet management, oversight, and control frameworks.

Strong knowledge of the Recovery and resolution regulations and regimes across the industry is preferred

Strong experience in balance sheet management and / or Financial Planning & Analysis (FP&A).

High degree of familiarity with current and future capital regulations (MAS 637)

Strong leadership qualities, excellent interpersonal, influencing and stakeholder management skills.

Analytical inquisitive nature and sharp business acumen, the ability to assess risk and appropriate levels of return and thereby optimise business performance.

Strong sense of integrity and financial independence with an ability to challenge where deemed necessary.

Excellent communication skills, written and verbal, given the need to deliver consistent and compelling messages to internal and external stakeholders.

High level of resilience and maturity to operate in a result driven and fast-moving environment.

Role Specific Technical Competencies

Capital Management

Balance Sheet Management

Liquidity Management

Resolution Planning

Financial Products & Markets

Governance, Regulation and Risk Management

Effective communication

Influencing through expertise

Knowledge of organisation

Financial Analysis

Finance and Accounting

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we :

Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do

Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well

Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.

Time-off including annual leave, parental / maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.

Flexible working options based around home and office locations, with flexible working patterns.

Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits

A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.

Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com / careers

Tell employers what skills you have

Talent Management

Charter

Assertive

Dashboard

Stress

Formulation

Stakeholder Engagement

ASA

Banking

Operational Risk

Finance

Capital

Stress Testing

Senior Stakeholder Management

Regulatory Submissions

Oral & Written Communication Skills

Create a job alert for this search

Director • D01 Cecil, Marina, People’s Park, Raffles Place, SG

Related jobs

Promoted

Vice President, SG Team Lead, Credit & Account Management (Job ID : 10072831) - MUFG BANK, LTD. Singapore Branch

MUFG BANK, LTD. Singapore BranchD01 Cecil, Marina, People’s Park, Raffles Place, SG

Credit & Account Management (“CAM”) department provides end-to-end support from product onboarding to credit approval of clients’ facilities, as well as ongoing monitoring and portfolio managem...Show moreLast updated: 11 days ago

Promoted

Director, Banking Change & Strategic Initiatives

STANDARD CHARTERED BANKIslandwide, SG

The role is a key position in the Global Banking COO team, with a focus on project management and strategic initiatives, in addition to providing essential business management support.The successfu...Show moreLast updated: 4 days ago

Promoted

Associate Director / VP – FICC Compliance, Global Investment Bank

BEATHCHAPMAN (PTE. LTD.)D02 Anson, Tanjong Pagar, SG

My client is a global Investment Bank and we are looking for a FICC Compliance candidate to join the team in Singapore.You will be given exposure across their Trading products, and will be overseei...Show moreLast updated: 6 days ago

Promoted

FCC Director – Global Banking and Securities Firm - D02 Anson, Tanjong Pagar, SG

BEATHCHAPMAN (PTE. LTD.)D02 Anson, Tanjong Pagar, SG

My client is a global Securities firm and we are looking for a FCC Director in Singapore.Reporting up to the Regional Head, you will be overseeing all FCC matters across Singapore.Subject matter ex...Show moreLast updated: 7 days ago

Promoted

Director, Stress Testing and RRP, SG & ASEAN

STANDARD CHARTERED BANK (SINGAPORE) LIMITEDD01 Cecil, Marina, People’s Park, Raffles Place, SG

Promoted

Senior ICS Risk Manager, ASEAN Cluster & Singapore

STANDARD CHARTERED BANKIslandwide, SG

We have established a capability to successfully implement and embed the Information and Cyber Security (ICS) Risk Type Framework (RTF) across the Group and countries in the region / cluster to bring...Show moreLast updated: 7 days ago

Promoted

EAM Dealer

UNION BANCAIRE PRIVEE, UBP SAD01 Cecil, Marina, People’s Park, Raffles Place, SG

The EAM Dealer, reporting to the Head of EAM Dealing Asia, plays a critical role in ensuring the efficient operation of the EAM Dealing team within the Treasury & Trading (T&T) department.T...Show moreLast updated: 7 days ago

Promoted

Director, Stress Testing and RRP, SG & ASEAN - D01 Cecil, Marina, People’s Park, Raffles Place, SG

STANDARD CHARTERED BANK (SINGAPORE) LIMITEDD01 Cecil, Marina, People’s Park, Raffles Place, SG

Promoted

FCC Director – Global Banking and Securities Firm - BEATHCHAPMAN (PTE. LTD.)

BEATHCHAPMAN (PTE. LTD.)D02 Anson, Tanjong Pagar, SG

Promoted

Director, Hive Tech Lead - Treasury Analytics - STANDARD CHARTERED BANK

STANDARD CHARTERED BANKIslandwide, SG

Standard Chartered needs a Hive Tech Lead to drive the success of the combined Treasury Analytics journey.This role sits within Treasury Technology team and will work closely with Treasury COO, Fin...Show moreLast updated: 12 days ago

Promoted

Director, Digital Channel Solutions Go-to-Market - STANDARD CHARTERED BANK (SINGAPORE) LIMITED

STANDARD CHARTERED BANK (SINGAPORE) LIMITEDD01 Cecil, Marina, People’s Park, Raffles Place, SG

In Standard Chartered Bank’s Corporate and Investment Bank (CIB), we aim to be digital-first and data-driven to realize untapped client value and market opportunities, driving wallet...Show moreLast updated: 7 days ago

Promoted

Director, Conduct Risk Management, TB & FCSO - STANDARD CHARTERED BANK

STANDARD CHARTERED BANKD01 Cecil, Marina, People’s Park, Raffles Place, SG

This is a 9-month contract role.Lead TB’s and NNM’s Conduct Risk agenda and management, ensuring best-in-class conduct risk management : . Act as the primary contact for Conduct issues, providing guid...Show moreLast updated: 6 days ago

Promoted

FCC Director – Global Banking and Securities Firm

BEATHCHAPMAN (PTE. LTD.)D02 Anson, Tanjong Pagar, SG

Promoted

Senior ICS Risk Manager, ASEAN Cluster & Singapore - STANDARD CHARTERED BANK

STANDARD CHARTERED BANKIslandwide, SG

Promoted

Director, BCM and Operational Resilience Lead - SUMITOMO MITSUI BANKING CORPORATION Singapore Branch

SUMITOMO MITSUI BANKING CORPORATION Singapore BranchD01 Cecil, Marina, People’s Park, Raffles Place, SG

The job holder will lead initiatives related to.Business Continuity Management (BCM).Singapore office serving as the regional hub. The job holder will also be expected to.Lead the development and im...Show moreLast updated: 10 days ago

Promoted

Senior ICS Risk Manager, ASEAN Cluster & Singapore - Islandwide, SG

STANDARD CHARTERED BANKIslandwide, SG

Promoted

Director, Banking Change & Strategic Initiatives - STANDARD CHARTERED BANK

STANDARD CHARTERED BANKIslandwide, SG

Promoted

Associate Director / VP – FICC Compliance, Global Investment Bank - D02 Anson, Tanjong Pagar, SG

BEATHCHAPMAN (PTE. LTD.)D02 Anson, Tanjong Pagar, SG