Job Summary The role is within the Projects team, which is responsible for steering the delivery of Investment Governance projects involving liquidity, IRRBB, FTP and Capital reporting improvements. The team works closely with the Change, Data, and Technology teams to drive the overall team’s strategy of improving the quality of liquidity reporting in a controlled and cost-effective manner. The team is a subject matter expert in the PRA regulations and risk reporting and plays a key role in transforming SCB’s liquidity systems and processes as part of a strategic change. The role reports to Head, Liquidity projects and forms part of the Finance operations function with business alignment to Treasury. The role holder is responsible for driving change and transformation across internal and external IRRBB, reporting processes owned by the function. The role will be a thought leader in steering the completion of business requirements gathering and driving processes improvement agenda for the function. The role holder needs to extensively collaborate with peers in the team, particularly Global process managers for IRRBB and FTP. The Projects team is based in London and India. The role of Senior Manager, IRRBB Projects is based in Bangalore, India in the Projects team.
Key Responsibilities Key responsibilities include:
Drive change and transformation across internal and external IRRBB, processes and deliver reporting solutions with complete end-to-end validation performed on testing results to meet regulatory requirements.
Regulatory reporting knowledge and interpretation on PRA, EBA and Basel, and ability to develop further understanding.
Prior working experience on IRRBB metrics like – NII and EVE and understanding of assumptions, like – Prepayments, Pass-through rate, Time Lag, Economic Life etc.
Business requirements gathering and analysis.
Demonstrate leadership in finding and implementing process improvement and optimisation opportunities.
Drive effective data management framework development and data analysis.
Stakeholder management across Liquidity, Project, and Change teams.
Work collaboratively with Change team and drive the agenda for optimisation of change delivery through review of testing strategy and approach to UAT / UVT
Team development and training
Monitor quality standards and future planning through formal monthly management meeting with Technology and Change covering all reporting workstreams.
Strategy Strive for excellence in the delivery of IRRBB and FTP and change related activities. Support Treasury and key business partners in effective and optimal risk management.
Business Develop solid understanding of the Group’s businesses and products and how they impact regulatory metrics, reporting and associated controls.
Expertise in systems and processes used to generate regulatory metrics, particularly with experience in change projects focused process enhancements.
Processes Support the strategy, execution, and delivery of accurate and complete reporting with regards to data sourcing, calculations and the control framework.
People & Talent Support training and development of new and existing team members. Set objectives for direct reports and provide regular feedback with regards to those objectives and ensure the team benefits from ongoing training and development in relation to their roles.
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. Align actions to achieving 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.
Skill Requirements Quantitative, analytical, with high attention to detail.
Good IT literacy, with a strong Data analysis skillset.
Ability to drive change and progress.
Ability to work with virtual teams across the globe.
Can develop and implement solutions.
Can interact with stakeholders from various areas and seniority levels.
Liquidity, IRRBB, FTP or Capital reporting experience and Change experience gained in Banking is essential.
Desirable management experience as there may be a line management required.
Good understanding of the IRRBB regulatory landscape (Basel, PRA).
Ability to self-review, identify issues and investigate / escalate appropriately.
Technical / IT skills (e.g., VBA, Python, Data Visualization with Tableau, or similar tools).
10+ years’ experience in Finance, Regulatory Reporting, Treasury, Market Risk, or similar area.
Experience in major International and / or UK banks (SCB peers).
Key stakeholders GPO/GPM, Liquidity/IRRBB
Group Regulatory Reporting – Head and Reporting Leads
Credit and Market Risk functions – Functional Heads and Leads
Liquidity/IRRBB Change Management - Head and Leads across Liquidity Change
Country Regulatory Reporting – CFO, Financial Controller and Country Leads
Partner within BSM Liquidity/IRRBB, GFS team and Stakeholders to Build domain expertise in Balance Sheet Management, Liquidity Risk Management, Interest Rate Risk Management, Fund Transfer Pricing, Benchmarking & Stress Test Data Framework, and the relevant policies, procedures, and practice guides, and regulatory reporting guidelines including Basel III.
Skills and Experience Strong functional content across Basel framework (Basel II, III and IV); Capital metrics computation and methodologies
Good understanding on Banking Products and able to co-relate to Risk Weighted Assets / Regulatory Reporting
Candidate must be familiar with the use of SQL to interrogate and extract the data for analysis.
SAS and/or Python knowledge is an added benefit
Candidate must be familiar with regulatory requirements for data management - BCBS 239 and PRA requirements
Stakeholder engagement (across geographies)
People leadership and management
Technical skills like Advanced Excel (including macro) and Python / R
Knowledge on Balance Sheet Management systems like Moody’s, Oracle, QRM
Qualifications Qualification in Finance, Economics, Mathematics or Technology
10+ years experience in Finance, Regulatory Reporting, Treasury, Market Risk or similar area
Experience in major International and / or UK banks (SCB peers)
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.
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