Risk Analyst, Traded Risk

Job Description

• To ensure the Traded Risk Framework is effectively communicated and implemented across the Traded Products within Financial Markets (FM), and for administering related governance and reporting, and improvement of Group / Regional Policies and Processes.
• To exercise direct Risk Control and Monitoring Ownership for Traded Credit Risk across FM businesses in ASEAN.
• To uphold the integrity of risk/return decisions, and for ensuring that risks are properly assessed, that risk/return decisions are made transparently on the basis of this proper assessment and are controlled in accordance with the Group s standards and its Risk Appetite for FM businesses in ASEAN.
Business
• Appraise and contribute to the development of the Bank s strategic plans and alignment with risk appetite through supporting MANCO members and other executives.
• Engage all stakeholders (e.g., Business partners, Market Risk, Finance, Legal and Compliance) to raise their awareness of Financial Markets Product Risks and how these are managed by Traded Risk.
Processes
• General Management of the Traded Risk Management Function in ASEAN
• Facilitate Financial Markets business through approving Product Programs and Country Addendums, ensuring proper counterparty limits set for liquidity management and for trading, and revising credit excess approval guidelines to enhance framework for approval criteria & turnaround time.
• Manage risk exposures in the trading portfolios. Provide early warning and identify deteriorating credits. Manage exposure down as required.
• Contribute to the strategic intent and Collective Agenda for the Traded Risk Management function.
• Maintain and develop risk capabilities, skills and infrastructure to meet ongoing business needs and plans.
• Ensure effective management of operational risks within the Traded Risk Management function and compliance with applicable internal policies, and external laws and regulations.
People and Talent
• Set and monitor job descriptions and objectives for direct reports (if any) and provide feedback and rewards in line with their performance against those responsibilities and objectives.
• Uphold and reinforce the independence of the Traded Risk Management function from those whose primary responsibility is to maximise short-term revenues and profits.
• Lead by example and build the appropriate culture and values within Traded Risk Management function in ASEAN.
Risk Management Risk Appetite
• Uphold the integrity of risk/return decisions, by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite.
• Maintain alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors.
• Provide input for stress test on commodity price, foreign exchange, interest rate, and scenario programme in Jump Risk and Global/Regional Counterparty Credit Risk Forum. Review the results and assess their implications.
• Be alert to significant market movement and provide appropriate response to material events or other risk issues.
• Approve FM transactions in compliance with personal delegated authority.
• Support Global Head, Traded Risk Management in Capital Market activities, including Underwriting Secretariat matters.
Risk Control Ownership of Credit and Operational Risk
• Ensure risk identification, measurement, reporting, and modelling capabilities are objective, consistent, and compliant with applicable regulations.
• Ensure that material risk exposures and related issues are reported to CCR Head, ASA for notifying the responsible Financial Markets Product Governance Committees and to Group and Business-level committees as appropriate.
• Design, maintain and effectively communicate risk control parameters across Financial Markets, including policies, control standards, risk exposure limits and other control levers to maintain Wholesale Bank s risk profile in line with the Group s risk appetite.
• Ensure the completeness of Operational Risk Control activities, i.e., KCIs/CSTs, Business Continuity Plan, Recovery Exercise, Fire Drills, etc. for Traded Risk Management (TRM) and identify and address any significant gaps that may exist between them.
• Maintain a good understanding of the requirements of the Bank s key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures.
Governance Risk Governance
• Implement the overall Risk Management Framework for Traded Risk Products and oversee its effective application in ASEAN.
• Assist the CCR Head, ASA in contributing to provide input to the various risk committees on arising risk issues and new policies and processes.
• Help ensure that global and regional business and product heads and all Risk Control Owners understand and accept their risk management responsibilities through Financial Markets local and regional committees.
• Maintain an open and cooperative relationship in dealings with regulators and auditors.
• Assist the CCR Head, ASA in managing and reviewing Group CSA collateral for liquidity purposes.
• Assist the CCR Head, ASA in managing and reviewing Group s structured funding portfolio for reporting to the Global Counterparty Credit Forum.
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
• Financial Markets Heads, Sales, Structuring and Trading,
• Group Market Risk
• Credit Risk MANCO members
• Global, Regional Credit Officers, and Senior Credit Officers
• Group Internal Audit
• Group Operational Risk
• Group Legal and Compliance
• Other Group Head of Control Functions
• Credit Risk reporting and Management Information (CRRMI)
• Counterparty Credit Risk Models (CCRM)
External
• Local Regulators
• Group s external auditors
Other Responsibilities
• Embed Here for Good and Group s brand and values in Traded Risk Team in ASEAN.
• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Our Ideal Candidate
• 2+ years of experience in risk management in the banking industry, including demonstrated success in a similar role.
• Sharp business acumen (including ability to assess risk and appropriate levels of return), leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
• Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied client segments product base and asset classes.
• Licenses and Certifications/accreditations; SCB internal credit risk courses preferred
• Experienced in managing stake holders across business, other risk and control functions.
Role Specific Technical Competencies
• Risk Management C&I Credit Risk
• Manage Conduct
• Manage Risk
• Manage stakeholders
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Keyskills :
underwritingrisk managementfinanceriskreportingkeeping things simplerisk management frameworkcredit riskmarket riskstress testrisk models