Senior Associate, IRRBB Reporting (Group)

Job Description

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, GFS IRRBB, is to play the role of producing IRRBB and NTMR reporting team and supporting the team in delivering the reports and other MIs to respective Group and regional stakeholders as per agreed upon timeliness and quality of deliverables.Key Responsibilities include
• Support IRRBB reporting team in producing BAU IRRBB internal and regulatory (PRA / MAS / HKMA) reports by adhering to the required governance and controls
• Support IRRBB team lead in building domain expertise within the team on IRRBB risk as well as reporting aspects
• Support the team in delivering on commitments both for external and internal reporting requirements
Strategy
• Support IRRBB team lead in delivering the strategy for 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.
Business
• Support the team in delivering IRRBB reporting to Group and regional stakeholders as per agreed upon timelines and quality.
Processes
• Support IRRBB team lead in execution, and delivery of assurance with regards to data sourcing, calculations and reporting of IRRBB regulatory and internal metrics.
People and Talent
• Build functional / domain expertise as part of learning and development interventions as well as on-the-job training.
Risk Management
• Adhere to the appropriate process controls for accurate calculations and monitor the same for handling exceptions.
• Have a control mindset to proactively identify control gaps in the end-to-end IRRBB reporting processes and work towards remediating the same.
Governance
• Support in adhering to the governance by leveraging data quality and operational risk forums as applicable.
Regulatory and 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
• 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 5 years of relevant operations / reporting experience and 1 year of IRRBB reporting experience in a bank similar in scale and complexity as that of SCB.
Role Specific Technical Competencies
• Understanding of IRRBB metrics (technical expertise on IRRBB fundamentals and applicability to entire suite of banking book products)
• Understanding of Bank s business and banking products (banking book as well as trading book)
• Knowledge on Balance Sheet Management systems like Moody s, Oracle, QRM
• IRRBB reporting (regulatory as well as internal metrics)
• Technical skills like Advanced Excel (including macro)
• Process control and operational risk management
• Stakeholder engagement (across geographies)
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Keyskills :
insurancequalitysalesmisfunds transfer pricingbalance sheetadvanced excel