Job Description

The Role Responsibilities

Job Summary

Liquidity, FTP and IRRBB GPO function is a 150+ strong Centre of Excellence under Global Finance Services focussing on SCB wide Balance Sheet Information Management, Reporting and Analytics. This includes Liquidity, Funds Transfer Pricing, and Interest Rate Risk in Banking Book (IRRBB) reporting, decision support and other analytics.

This function is also strongly governed by the Data Quality governance and compliance regulations under BCBS239 and supported through an integrated technology infrastructure with various stages of operational and data quality assurance, validations and reconciliation functions embedded in the end-to-end process.

Domain rich teams work in a collaborative environment to provide group / region wide reports and analysis cutting across several dimensions for both internal consumption as well as external regulatory reporting. The Data Quality assurance and Reconciliation functions ensure accuracy of reporting.

The team interacts with several stakeholders on a day-to-day basis within the bank that include Treasury (Group and Regional teams), Group Regulatory Reporting (Capital and Liquidity), Business, Finance, Risk and Change and Technology.

The role of Associate Vice President, GFS - IRRBB, is the offshore reporting lead based in India, responsible for ensuring delivery of IRRBB and NTMR reporting to respective Group and regional stakeholders and meeting the agreed upon timeliness and quality of deliverables.

Key Responsibilities

• Designing and implementing BAU IRRBB internal and regulatory (PRA / HKMA / MAS) reporting processes and controls.
• Provide day-to-day delivery management to the reporting teams.
• Deliver on commitments both on external and internal reporting requirements.
• Partnering with the Treasury IRRBB team to design and produce

• Insightful committee MI, including commentary on drivers of risk
• Ad-hoc analyses based on business requirement
• Proactively lead and build relationship with Group and Regional teams and manage stakeholder relationship across Finance, Treasury and Risk.
• Provide guidance / support in remediation work as well as strategic platform rollout.
• Ensure timely response on ad hoc queries from relevant stakeholders.
• Build domain expertise within the team on IRRBB risk as well as reporting aspects.
• Growth and development of people within the team.

Strategy

• Develop the strategy for the team that fits in with the overall reporting landscape in line with regulatory and internal reporting requirements for IRRBB. Key objectives of the strategy are to implement robust reporting processes and controls, supported by enhancements to subject matter expertise and knowledge capabilities.
• Leverage investment in the new reporting platform as well as other data remediation and technology initiatives to drive efficiencies and improve outcomes for regulatory and internal reporting, in terms of accuracy, timeliness and insight.

Business

• Responsible for delivering IRRBB reporting to Group and regional stakeholders; proven experience for a large multi-national bank similar in scale and complexity as that of SCB would be preferred.
• Understanding of Banks businesses and banking products and how they impact IRRBB metrics, reporting and associated controls.
• Expertise in relation to IRRBB metrics and associated calculations (including regulatory requirements).
• Expertise in systems and processes used to generate IRRBB metrics, particularly with experience in change projects focused on process enhancements.

Processes

• Responsible for the strategy, execution, and delivery of assurance with regards to data sourcing, calculations and reporting of IRRBB regulatory and internal metrics.

This includes prioritisation and delegation of activities to team members and liaising with relevant Group and regional stakeholders across Finance, Treasury, Risk, Change and Technology teams as required.

People and Talent

• Build, lead, coach and develop team of highly skilled individuals through example to build the appropriate culture and values, focussing on engagement and retention.
• Set appropriate objectives for the team and provide regular feedback with regards to those objectives and ensure the team benefits from ongoing training and development in relation to their roles.
• Responsibility to review team structure in relation to the relevant objectives.

Risk Management

• Responsible for building appropriate process controls for accurate calculations and monitor the same for handling exceptions.
• Build a control mindset within the team and proactively identify control gaps in the end-to-end IRRBB reporting processes and work towards remediating the same.

Governance

• Responsible for adhering to the governance by leveraging data quality and operational risk forums as applicable.
• Monitor, implement and review of controls and issues that arise from the audit and other review activities.

Regulatory and Business Conduct

• Display exemplary conduct and live by the Groups 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.
• Lead the GFS - IRRBB reporting team to achieve the outcomes set out in the Banks 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.

Key Stakeholders

• Group Liquidity Regulatory Reporting, Treasury (Group and Regional teams), Finance (Group and Country), Risk, Change and Technology.

Our Ideal Candidate

• Finance Professionals (Qualified Chartered Accountant) or MBA (Finance) from a reputed institution.
• Certifications like FRM, PRM or CFA will be an added advantage.
• Over 12 years of relevant operations / reporting experience and 5 years of IRRBB reporting experience in a bank similar in scale and complexity as that of SCB.

Role Specific Technical Competencies

• IRRBB reporting (regulatory as well as internal metrics)
• Understanding of IRRBB metrics (technical expertise on IRRBB fundamentals and applicability to entire suite of banking book products)
• Process control and operational risk management
• Understanding of Banks business and banking products (banking book as well as trading book)
• People management and leadership
• Stakeholder engagement (across geographies)

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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

Standard Chartered