Job Description
The Role Responsibilities
• The role holder will be a part of the new stress testing hub being created in Bangalore.
• Enterprise stress testing comprises the stress tests required by the Group, regions, country and risk management teams, and other senior stakeholders as required to inform Risk Appetite and the stress tests required by the Bank's regulators.
• The team has responsibility for the execution of the Bank's stress test exercises internally and to external regulators. It is also the centre of excellence for all strategic changes and operational controls, compliance attestation and policy setting for stress testing in the enterprise. As such, this individual will be working as part of a cohesive "strategy and execution" function. The team sets and runs the production schedule for stress testing.
• The intent of the hub is to primarily run central workstream production tasks and sub-tasks during the running of each stress test exercise utilising ITO (Group IT) supported technology and produce management reporting on the same.
Finance Data Hub
• Finance Hub's primary responsibilities include Data Sourcing and Maintenance of Finance data. This involves a set of data wrangling activities – gathering, transforming, mapping, building business views and automation of sourcing processes that would help enrich the quality of data and make it appropriate for the downstream purposes such as analytics, reporting and visualization.
Strategy
• Help to ensure appropriate BAU controls being established and deployed effectively in GBS.
• Work with partner teams to create and build next generation data products and analytics solutions
• Assess problem statements & propose potential solutions by advocating and enabling data-driven analytics
• Conduct thorough validation and data quality checks to ensure accurate and value adding solutions being delivered
• Wider knowledge in Financial and Management view of bank
• Knowledge in Financial systems like , MRC , BPC, Financial Analytics, Aspire and PSGL is required
Business
• Work collaboratively with line manager support covering a wide range of stakeholders, across all seniority levels, to address urgent and strategic Finance management needs
• Coordinate with ERM teams such as Stress Testing, ASPIRE ,Product controls and Finance Modelling to establish how existing results/analytics or processes can be leveraged
Processes
• Provide expertise in migrating PoC projects to productionise in collaboration with various teams
People and Talent
• Lead through example and demonstrate the bank's culture and values
Risk Management
• Identify, assess, monitor and mitigating risks to the Group relevant to Data Quality
Governance
• Ensure the adherence to Group BCBS 23+ standard when appropriate
• Provide timely and high-quality responses to both internal and external queries and requests.
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
• CIB, Commercial & Retail model owners
• BVM stress testing
• Country Stress testing
• Enterprise Risk Analytics
• CIB, Commercial & Retail Risk
• Group Internal Audit
• Group Operational Risk
• Technology
• CDO
Our Ideal Candidate
• Bachelor or Master's degree with technical degree preferred (Finance, statistics, mathematics, computer science, etc.)
• Extensive knowledge in SAS, Excel Automation and TABLEAU is an added advantage
• Strong analytical mindset with excellent analytical, logical, reasoning and problem solving skills.
• Hands-on experience in handling Finance data and best practices in data management
• Previous experience on Financial & Management reporting is an added advantage
• Excellent written and oral communication skills at all levels (i.e. colleagues to senior management) and situations (i.e. one-on-one to presentations)
• Exposure to advanced machine learning methodologies is a plus
• Self motivated and pro active
The role holder will have experience in:
• Regulatory reporting in the financial services industry
• Knowledge of regulatory frameworks and Banking regulations
• Working across geographies and timezones
• Excellent oral, written communication and presentation skills
• Robust skills for qualitative and quantitative analysis e.g. financial and process
• Excellent academic background, preferably with a degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineering
• Understanding of SCB's key footprint markets will be added plus
The role holder should comply with all mandatory e-learning as prescribed from time to time.
Role Specific Competencies
• Results orientated, with attention to detail
• Excellent inter-personal skills; comfortable in building relationships, with outstanding written and oral communication skills with high competency in MS Word, Excel and PowerPoint
• Confident self-motivated person with a high level of drive and ability to operate in a fast-paced environment
• Good problem identification skills coupled with an analytical and pragmatic approach to proposing solutions
• Knowledge of and direct experience in stress testing at a major international bank, could be in a specific workstream such as Finance Data, financial reporting, or at a group level, such as group risk or group finance. This should include Bank of England, HKMA or CCAR.
• Good working knowledge in SAS and Excel (Pivot Tables) to be able to use these on day 1
• Experience with data reporting tools (Tableau, PVT) and the like
• Strong IT skills such as SQL, VBA, Access skills are advantageous
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 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
• The role holder will be a part of the new stress testing hub being created in Bangalore.
• Enterprise stress testing comprises the stress tests required by the Group, regions, country and risk management teams, and other senior stakeholders as required to inform Risk Appetite and the stress tests required by the Bank's regulators.
• The team has responsibility for the execution of the Bank's stress test exercises internally and to external regulators. It is also the centre of excellence for all strategic changes and operational controls, compliance attestation and policy setting for stress testing in the enterprise. As such, this individual will be working as part of a cohesive "strategy and execution" function. The team sets and runs the production schedule for stress testing.
• The intent of the hub is to primarily run central workstream production tasks and sub-tasks during the running of each stress test exercise utilising ITO (Group IT) supported technology and produce management reporting on the same.
Finance Data Hub
• Finance Hub's primary responsibilities include Data Sourcing and Maintenance of Finance data. This involves a set of data wrangling activities – gathering, transforming, mapping, building business views and automation of sourcing processes that would help enrich the quality of data and make it appropriate for the downstream purposes such as analytics, reporting and visualization.
Strategy
• Help to ensure appropriate BAU controls being established and deployed effectively in GBS.
• Work with partner teams to create and build next generation data products and analytics solutions
• Assess problem statements & propose potential solutions by advocating and enabling data-driven analytics
• Conduct thorough validation and data quality checks to ensure accurate and value adding solutions being delivered
• Wider knowledge in Financial and Management view of bank
• Knowledge in Financial systems like , MRC , BPC, Financial Analytics, Aspire and PSGL is required
Business
• Work collaboratively with line manager support covering a wide range of stakeholders, across all seniority levels, to address urgent and strategic Finance management needs
• Coordinate with ERM teams such as Stress Testing, ASPIRE ,Product controls and Finance Modelling to establish how existing results/analytics or processes can be leveraged
Processes
• Provide expertise in migrating PoC projects to productionise in collaboration with various teams
People and Talent
• Lead through example and demonstrate the bank's culture and values
Risk Management
• Identify, assess, monitor and mitigating risks to the Group relevant to Data Quality
Governance
• Ensure the adherence to Group BCBS 23+ standard when appropriate
• Provide timely and high-quality responses to both internal and external queries and requests.
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
• CIB, Commercial & Retail model owners
• BVM stress testing
• Country Stress testing
• Enterprise Risk Analytics
• CIB, Commercial & Retail Risk
• Group Internal Audit
• Group Operational Risk
• Technology
• CDO
Our Ideal Candidate
• Bachelor or Master's degree with technical degree preferred (Finance, statistics, mathematics, computer science, etc.)
• Extensive knowledge in SAS, Excel Automation and TABLEAU is an added advantage
• Strong analytical mindset with excellent analytical, logical, reasoning and problem solving skills.
• Hands-on experience in handling Finance data and best practices in data management
• Previous experience on Financial & Management reporting is an added advantage
• Excellent written and oral communication skills at all levels (i.e. colleagues to senior management) and situations (i.e. one-on-one to presentations)
• Exposure to advanced machine learning methodologies is a plus
• Self motivated and pro active
The role holder will have experience in:
• Regulatory reporting in the financial services industry
• Knowledge of regulatory frameworks and Banking regulations
• Working across geographies and timezones
• Excellent oral, written communication and presentation skills
• Robust skills for qualitative and quantitative analysis e.g. financial and process
• Excellent academic background, preferably with a degree in a quantitative discipline, such as economics, finance, statistics/mathematics, sciences or engineering
• Understanding of SCB's key footprint markets will be added plus
The role holder should comply with all mandatory e-learning as prescribed from time to time.
Role Specific Competencies
• Results orientated, with attention to detail
• Excellent inter-personal skills; comfortable in building relationships, with outstanding written and oral communication skills with high competency in MS Word, Excel and PowerPoint
• Confident self-motivated person with a high level of drive and ability to operate in a fast-paced environment
• Good problem identification skills coupled with an analytical and pragmatic approach to proposing solutions
• Knowledge of and direct experience in stress testing at a major international bank, could be in a specific workstream such as Finance Data, financial reporting, or at a group level, such as group risk or group finance. This should include Bank of England, HKMA or CCAR.
• Good working knowledge in SAS and Excel (Pivot Tables) to be able to use these on day 1
• Experience with data reporting tools (Tableau, PVT) and the like
• Strong IT skills such as SQL, VBA, Access skills are advantageous
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 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 Lead| Stress Testing 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.
