Job Description
The Role Responsibilities
Strategy
This role envisages and encompasses the overarching responsibility of orchestrating and managing the end-to-end RWA Production for the Group and National Discretionary Countries ( NDs ) including delivery of COREP, RMI, ND Reports and delivery of Reports to all downstream teams.
It focuses on the run management milestones, Capital data sourcing and Reconciliation, accurate computation of Risk Weighted Assets ( RWA ) input and configurations, operational Checks Controls and Governance, Adjustments Governance, compliance to BCBS 23+ norms and facilitating timely, seamless delivery per the defined SLA.
This position is expected to drive tangible, sustainable and continuous improvement to KPIs and CTQ (Critical to Quality) metrices corresponding to Capital processes, while at the same time work closely and proactively with various teams including Change, Business, ITO, FOT, Technology and Testing teams to ensure that the changes land smoothly into BAU
Business
Balance Sheet Management- BSM (CoE) manages Regulatory Reporting and Analytics across Capital and Liquidity Streams for Group, Regions and Countries covering the entire Group Balance Sheet.
This includes managing the complete assembly line of operations through Global Process Management model, providing assurances for the quality of data, monitoring service levels and quality of output, resolution of issues through Business support model and Insightful Analytics for Business Decision.
Processes
• Continued focus and inclination towards learning and up-skilling on the subject, enhancing the quotient of domain knowledge and expertise covering Credit Risk, Capital Reporting, Capital KPIs, Regulatory Reporting, Operational Risk, BASEL norms, BCBS 23+ requirements including a deep domain understanding of Basel IV, and other related regulations impacting Capital ratios and their calculations.
• Develop strong functional content across Basel framework (Basel III and IV), RWA Information and Capital Infra Functionalities and conduct trainings/share best practices across various teams and aim towards enhancing the analytical quotient in all reports submitted to the stakeholders.
• Ensure RWA delivery process is supplemented by a strong and robust Data Assurance and Reconciliations framework, ensuring accuracy of RWA that is delivered including the delivery of the internal and external Capital Regulatory requirements as per the defined BASEL norms.
• Develop and maintain effective synergies and partnership with all stakeholders ( Technology, Business teams and GRR ) towards seamless Capital RWA delivery. Manage, track and ensure resolution of issues that pose an Operational and Regulatory risk to the bank.
• Engage, Participate and Contribute towards ongoing change management initiatives to ensure the changes are seamlessly implemented into BAU devoid of any post-production issues, in line with the New Regulatory requirements per the defined standards.
• Ensure compliance to BCBS 23+ requirements around process documentation, KPIs and Metrics management, approvals, Governance and Controls and maintenance of relevant artefacts that will stand scrutiny to internal ORF reviews and external audits.
• Ensure timely delivery of services relating to Capital CoE including Risk Weighted Assets results, COREP, RMI, ND and all other internal and external reporting requirements within the Basel III framework which is now on transition phase into BASEL IV.
• Engage and partner with the stakeholders and business teams to constantly seek their feedback towards improving the quality of service delivery and define strategies towards driving a unique value proposition and enhanced stakeholder experience.
• Proactively drive resolution of data quality issues affecting Credit Risk KPIs (e.g. EAD, RWA, EL, etc) by working with various stakeholders (e.g. Upstream systems, Business Finance, Risk, Finance systems, Business teams, Technology, etc).
• Work towards continuous improvement to identify and implement opportunities to enrich or simplify the existing processes, decrease process turn-around time, eliminate process redundancies and thereby improve productivity.
• Exercise right level of diligence, control and governance to comply with bank s Data Quality and Reporting Standards including those that are prescribed by the Basel and Regulatory Environment in which the bank operates.
• Deliver Uninterrupted BAU Operations with insight and value, while maintaining robust controls. Measure the process efficiency and outcomes through standard metrics and KPIs.
• Support the designing of a robust and fit-for-purpose process to generate RWA data and metrics in constant engagement with the stakeholders and business partners.
• Anticipate and identify existing or emerging risks / issues. Manage the tracking of requirements risks / issues / dependencies and assess the impact on delivery.
People and Talent
• Competencies enhancement and upskilling of people on BASEL IV, Regulatory interpretations, New Capital Regulations and thereby build a strong inhouse talent pool of domain experts.
• Support and guide colleagues through knowledge sharing and coaching interventions and facilitating transparent communication including with stakeholders.
• Always have an eye for Process Improvements and Innovations with an objective to Simplify , while still maintaining the value delivered.
• Managing excellent relationship through an established engagement model with all stakeholders with Think Client Approach.
• Have an attitude to create a Collaborative Team Environment with Human element to build the function for the long-term.
Risk Management
The ability to interpret the Group or country capital reporting information, identify key issues or potential Risks based on the information and put in place appropriate controls and measures towards Risk Mitigation and remediation.
Governance
• Responsible for assessing the effectiveness of the Group or country arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; Awareness and understanding of the regulatory framework, in which the Group or country operates, and the regulatory requirements and expectations relevant to the role.
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.
• Lead to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• Head, Capital CoE
• Head, Group Regulatory Reporting
• Head, Country Regulatory Reporting
• Business Finance, Product Control Functions, GSAM, Other Finance and Risk functions
• Head PSS Technology - All Capital-owned applications
• Technology Service Manager ( TSM )
Our Ideal Candidate
• Finance Professionals (MBA Finance or MCom) Risk Management or related Professional certification will be an added advantage.
• 7 - 12 years of post-qualification experience in Credit Risk, Financial Reporting or Regulatory Reporting or Risk Reporting.
• Good understanding of banking products / Operations, and specific domain skills on Risk Weighted Assets (RWA) Analysis and Reporting, Basel III Reporting / Regulatory Reporting, Credit Risk Analytics, Liquidity Management or Reporting would be an added advantage.
• Domain skills on Risk Weighted Assets (RWA) Analysis and Reporting, Basel III Reporting / Regulatory Reporting, Credit Risk Analytics, Capital reporting is desirable.
• Experience in the banking domain with a good understanding of the risk and regulatory requirements (BASEL, PRA) specifically in relation to Capital and RWA.
• Risk Management or any other related Professional certification will be an added advantage.
• Ability to deliver under pressure, in a complex, demanding and matrixed environment.
• Excellent communication, interpersonal and stakeholder management skills.
• Strong analytical, execution, result-orientation and problem-solving skills.
Strategy
This role envisages and encompasses the overarching responsibility of orchestrating and managing the end-to-end RWA Production for the Group and National Discretionary Countries ( NDs ) including delivery of COREP, RMI, ND Reports and delivery of Reports to all downstream teams.
It focuses on the run management milestones, Capital data sourcing and Reconciliation, accurate computation of Risk Weighted Assets ( RWA ) input and configurations, operational Checks Controls and Governance, Adjustments Governance, compliance to BCBS 23+ norms and facilitating timely, seamless delivery per the defined SLA.
This position is expected to drive tangible, sustainable and continuous improvement to KPIs and CTQ (Critical to Quality) metrices corresponding to Capital processes, while at the same time work closely and proactively with various teams including Change, Business, ITO, FOT, Technology and Testing teams to ensure that the changes land smoothly into BAU
Business
Balance Sheet Management- BSM (CoE) manages Regulatory Reporting and Analytics across Capital and Liquidity Streams for Group, Regions and Countries covering the entire Group Balance Sheet.
This includes managing the complete assembly line of operations through Global Process Management model, providing assurances for the quality of data, monitoring service levels and quality of output, resolution of issues through Business support model and Insightful Analytics for Business Decision.
Processes
• Continued focus and inclination towards learning and up-skilling on the subject, enhancing the quotient of domain knowledge and expertise covering Credit Risk, Capital Reporting, Capital KPIs, Regulatory Reporting, Operational Risk, BASEL norms, BCBS 23+ requirements including a deep domain understanding of Basel IV, and other related regulations impacting Capital ratios and their calculations.
• Develop strong functional content across Basel framework (Basel III and IV), RWA Information and Capital Infra Functionalities and conduct trainings/share best practices across various teams and aim towards enhancing the analytical quotient in all reports submitted to the stakeholders.
• Ensure RWA delivery process is supplemented by a strong and robust Data Assurance and Reconciliations framework, ensuring accuracy of RWA that is delivered including the delivery of the internal and external Capital Regulatory requirements as per the defined BASEL norms.
• Develop and maintain effective synergies and partnership with all stakeholders ( Technology, Business teams and GRR ) towards seamless Capital RWA delivery. Manage, track and ensure resolution of issues that pose an Operational and Regulatory risk to the bank.
• Engage, Participate and Contribute towards ongoing change management initiatives to ensure the changes are seamlessly implemented into BAU devoid of any post-production issues, in line with the New Regulatory requirements per the defined standards.
• Ensure compliance to BCBS 23+ requirements around process documentation, KPIs and Metrics management, approvals, Governance and Controls and maintenance of relevant artefacts that will stand scrutiny to internal ORF reviews and external audits.
• Ensure timely delivery of services relating to Capital CoE including Risk Weighted Assets results, COREP, RMI, ND and all other internal and external reporting requirements within the Basel III framework which is now on transition phase into BASEL IV.
• Engage and partner with the stakeholders and business teams to constantly seek their feedback towards improving the quality of service delivery and define strategies towards driving a unique value proposition and enhanced stakeholder experience.
• Proactively drive resolution of data quality issues affecting Credit Risk KPIs (e.g. EAD, RWA, EL, etc) by working with various stakeholders (e.g. Upstream systems, Business Finance, Risk, Finance systems, Business teams, Technology, etc).
• Work towards continuous improvement to identify and implement opportunities to enrich or simplify the existing processes, decrease process turn-around time, eliminate process redundancies and thereby improve productivity.
• Exercise right level of diligence, control and governance to comply with bank s Data Quality and Reporting Standards including those that are prescribed by the Basel and Regulatory Environment in which the bank operates.
• Deliver Uninterrupted BAU Operations with insight and value, while maintaining robust controls. Measure the process efficiency and outcomes through standard metrics and KPIs.
• Support the designing of a robust and fit-for-purpose process to generate RWA data and metrics in constant engagement with the stakeholders and business partners.
• Anticipate and identify existing or emerging risks / issues. Manage the tracking of requirements risks / issues / dependencies and assess the impact on delivery.
People and Talent
• Competencies enhancement and upskilling of people on BASEL IV, Regulatory interpretations, New Capital Regulations and thereby build a strong inhouse talent pool of domain experts.
• Support and guide colleagues through knowledge sharing and coaching interventions and facilitating transparent communication including with stakeholders.
• Always have an eye for Process Improvements and Innovations with an objective to Simplify , while still maintaining the value delivered.
• Managing excellent relationship through an established engagement model with all stakeholders with Think Client Approach.
• Have an attitude to create a Collaborative Team Environment with Human element to build the function for the long-term.
Risk Management
The ability to interpret the Group or country capital reporting information, identify key issues or potential Risks based on the information and put in place appropriate controls and measures towards Risk Mitigation and remediation.
Governance
• Responsible for assessing the effectiveness of the Group or country arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas; Awareness and understanding of the regulatory framework, in which the Group or country operates, and the regulatory requirements and expectations relevant to the role.
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.
• Lead to achieve the outcomes set out in the Bank s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• Head, Capital CoE
• Head, Group Regulatory Reporting
• Head, Country Regulatory Reporting
• Business Finance, Product Control Functions, GSAM, Other Finance and Risk functions
• Head PSS Technology - All Capital-owned applications
• Technology Service Manager ( TSM )
Our Ideal Candidate
• Finance Professionals (MBA Finance or MCom) Risk Management or related Professional certification will be an added advantage.
• 7 - 12 years of post-qualification experience in Credit Risk, Financial Reporting or Regulatory Reporting or Risk Reporting.
• Good understanding of banking products / Operations, and specific domain skills on Risk Weighted Assets (RWA) Analysis and Reporting, Basel III Reporting / Regulatory Reporting, Credit Risk Analytics, Liquidity Management or Reporting would be an added advantage.
• Domain skills on Risk Weighted Assets (RWA) Analysis and Reporting, Basel III Reporting / Regulatory Reporting, Credit Risk Analytics, Capital reporting is desirable.
• Experience in the banking domain with a good understanding of the risk and regulatory requirements (BASEL, PRA) specifically in relation to Capital and RWA.
• Risk Management or any other related Professional certification will be an added advantage.
• Ability to deliver under pressure, in a complex, demanding and matrixed environment.
• Excellent communication, interpersonal and stakeholder management skills.
• Strong analytical, execution, result-orientation and problem-solving skills.
💡 Quick Summary
Seeking a career-building opportunity? The REQUIRE for the post of Manager position is now open for candidates interested in the Bank Jobs sector. This role in Mumbai 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.