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 BCBS23+ 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 Director, GFS - IRRBB, is to play the role of a functional expert within IRRBB and NTMR reporting team and support 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 team lead in designing and implementing BAU IRRBB internal and regulatory (PRA / HKMA / MAS) reporting processes and controls.
• Act as a change gate keeper and ensure that the changes made to the systems and processes are smoothly embedded into BAU.
• Support the team in delivering on commitments both on external and internal reporting requirements.
• Partner 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.
• Support IRRBB team lead in building relationship with Group and Regional teams across Finance, Treasury and Risk.
• Provide functional expertise and guidance in remediation work as well as strategic platform rollout.
• Support IRRBB team lead in building domain expertise within the team on IRRBB risk as well as reporting aspects.
Strategy
• Support IRRBB team lead in developing 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
• Support the team in delivering IRRBB reporting to Group and regional stakeholders
• Understanding of Bank's 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)
• Adequate knowledge in systems and processes used to generate IRRBB metrics, particularly with experience in change projects focused on process enhancements.
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.
• This includes prioritisation and liaising with relevant Group and regional stakeholders across Finance, Treasury, Risk, Change and Technology teams as required.
• Review the requirements, solution, and test results of change initiatives from the perspective of assessing the impact to BAU; ensure updates to End User Computing (EUC) tools and relevant documentation like process maps, operating instructions, etc as applicable.
People and Talent
• Support in building functional / domain expertise within the team through designing and executing relevant learning and development interventions as well as on-the-job training.
Risk Management
• Support in building appropriate process controls for accurate calculations and monitor the same for handling exceptions.
• Have a control mindset and be a role model within the team, 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.
• 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 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.
• Over 7 years of relevant operations / reporting experience and 3 years of IRRBB reporting experience in a bank similar in scale and complexity as that of SCB.
• Certifications like FRM, PRM or CFA will be an added advantage.
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 Bank's business and banking products (banking book as well as trading book)
• Stakeholder engagement (across geographies)
• People leadership and management
• Technical skills like Advanced Excel (including macro)
• Knowledge on Balance Sheet Management systems like Moody's, Oracle, QRM
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
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 BCBS23+ 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 Director, GFS - IRRBB, is to play the role of a functional expert within IRRBB and NTMR reporting team and support 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 team lead in designing and implementing BAU IRRBB internal and regulatory (PRA / HKMA / MAS) reporting processes and controls.
• Act as a change gate keeper and ensure that the changes made to the systems and processes are smoothly embedded into BAU.
• Support the team in delivering on commitments both on external and internal reporting requirements.
• Partner 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.
• Support IRRBB team lead in building relationship with Group and Regional teams across Finance, Treasury and Risk.
• Provide functional expertise and guidance in remediation work as well as strategic platform rollout.
• Support IRRBB team lead in building domain expertise within the team on IRRBB risk as well as reporting aspects.
Strategy
• Support IRRBB team lead in developing 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
• Support the team in delivering IRRBB reporting to Group and regional stakeholders
• Understanding of Bank's 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)
• Adequate knowledge in systems and processes used to generate IRRBB metrics, particularly with experience in change projects focused on process enhancements.
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.
• This includes prioritisation and liaising with relevant Group and regional stakeholders across Finance, Treasury, Risk, Change and Technology teams as required.
• Review the requirements, solution, and test results of change initiatives from the perspective of assessing the impact to BAU; ensure updates to End User Computing (EUC) tools and relevant documentation like process maps, operating instructions, etc as applicable.
People and Talent
• Support in building functional / domain expertise within the team through designing and executing relevant learning and development interventions as well as on-the-job training.
Risk Management
• Support in building appropriate process controls for accurate calculations and monitor the same for handling exceptions.
• Have a control mindset and be a role model within the team, 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.
• 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 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.
• Over 7 years of relevant operations / reporting experience and 3 years of IRRBB reporting experience in a bank similar in scale and complexity as that of SCB.
• Certifications like FRM, PRM or CFA will be an added advantage.
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 Bank's business and banking products (banking book as well as trading book)
• Stakeholder engagement (across geographies)
• People leadership and management
• Technical skills like Advanced Excel (including macro)
• Knowledge on Balance Sheet Management systems like Moody's, Oracle, QRM
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
💡 Quick Summary
Seeking a career-building opportunity? The Associate Director| Group IRRBB Reporting position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
