Manager, BCBS Traded Risk

Job Description

*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. Its 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.Were 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 ResponsibilitiesOverviewRRSD Unit faces the Group Risk Function with a peripheral support to CEO CIB Function. It handles wide spectrum of activities to support the Enterprise Risk Analytics, Traded Risk Management, Risk & Compliance Reporting teams of the Group Risk. The unit is also currently expanding itself to support the CEO CIB Office with Credit Portfolio Management. Traded Risk Management:The Traded Risk Reporting team is responsible for the reporting, analytics and control of Traded Risk for the Financial Market (FM) trading books, across multiple asset classes including FX, Fixed Income, Interest Rates, Money Market, Equities, Credit and related derivatives. The is based in Singapore and the MI thus generated is used across Internal (Board Risk Committee Packs, Management Forums) and External (Regulators) stakeholders. The team is also responsible for BCBS 239 governance and risk reporting effectiveness.Key Responsibilities:

• Overseeing the arrangements to deliver effective governance, oversight and controls in accordance with BCBS 239 governance and risk reporting responsibilities
• Actively drive the implementation of validation and effectiveness review for BCBS 239 activities in business-as-usual (BAU) reporting processes and assist the transition of key governance activities from programme-mode to BAU mode in an effective and sustainable manner
• Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters related to BCBS 239 governance
• Coach and assist BAU stakeholders, which includes defining responsibilities and design of validation and effectiveness review mechanism for each BCBS 239 activity or evidence of compliance
• Design and monitor the implementation of the validation and effectiveness review approach for BCBS 239 activities to measure ongoing compliance with BCBS 239

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.

Key Stakeholders

• Group Traded Risk Management
• Traded Risk Reporting Team
• Finance
• Chief Data Office
• Information Technology functions

Key Measurables:

• Successful delivery strategic change projects within Market Risk ITO
• Proactive issue identification, prioritisation and resolution
• Strong and positive influence on direction and success of front to back business change agenda
• Clear and appropriate communication with front to back stakeholders
• Low occurrence of operating incidents in production environment due to functional issues
• Efficient BA management of change requests to project scope

Other Responsibilities

• Participate in at least 2 days of volunteering per year.
• Participate in engagement activities conducted in GBS.
• Be motivated and actively engage in activities like innovation and automation initiatives.
• To hold assigned roles of First Aider / Fire Warden / ADCC as appropriate and discharge the expected responsibilities.

Our Ideal CandidateKnowledge, skills and experience:

• Acute awareness and understanding of the Group s risk strategy and frameworks appropriate to the role
• Acute awareness and understanding of the regulatory framework (specifically BCBS 239) in which the Group operates, and the regulatory requirements and expectations relevant to the role
• Strong analytical and writing skills necessary for developing the validation and effectiveness review approach to measure ongoing compliance with BCBS 239 with a view to adopting or establishing industry best practices
• Strong understanding of concepts with respect to development of validation and effectiveness review mechanisms, coupled with good understanding of market risk knowledge (preferably in risk reporting or risk management), process control, monitoring mechanisms and operational risk in the financial services industry is essential
• Good judgement and ability to actively prioritise a complex set of existing and new initiatives to achieve results
• Self-motivated person with strong stakeholder management skills, a high level of personal responsibility and a desire to excel consistently
• Strong decision-making skills with an attention to detail
• A process-driven and disciplined approach working within the Bank s governance structures and standards to produce high-quality deliverables to the agreed timetable.
• Demonstrable experience of maintaining effective working relationships with relevant stakeholders through the negotiation of scope and competing requirements.
• Excellent verbal and written communication skills in English are essential for this role.
• Excellent documentation skills

Apply now to join the Bank for those with big career ambitions.To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.,

Keyskills :
market riskfixed incomemoney marketrisk analyticswriting skillsinterest ratesrisk managementprocess controlenterprise riskchange requestsoperational riskstatements of work sow