Job Description
Senior Manager - Stress Testing - ( 220001+386 )
Job
: Finance
Primary Location
Schedule
: Full-time
Employee Status
: Permanent
Posting Date
: 27/Mar/2026, 6:26:26 AM
Unposting Date
: Ongoing
The Role Responsibilities
Purpose
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.
Job Description
• This is a new role to ensure data quality for enterprise and country stress tests.
• Enterprise stress testing comprises the stress tests required by the Prudential Regulation Authority (ICAAP stress test, Bank of England’s annual concurrent stress test, Recovery Plan stress test and Reverse stress test) and the stress tests required by the management and Board to inform Risk Appetite. Country stress tests are performed for regulators like the Hong Kong Monetary Authority (HKMA) and Monetary Authority of Singapore (MAS)
• The role would require technical knowledge of data systems, coding in SAS and the Bank of England’s Stress Test Data Framework.
• The role reports to the Vice President, Stress Test Data Quality and sits within the Enterprise Stress Testing team in Financial Planning & Analysis, which drives all enterprise stress testing initiatives in collaboration with teams across the Risk Function and in Group Finance, Group Treasury and the business.
• The successful candidate for this position will play a key role in supporting the development, maintenance, enhancement, and execution of the stress test models in relation to the Balance Sheet, Profit & Loss, and Tax Requirements in the Bank’s stress test exercises globally.
The role holder will ensure the integrity of stress test data. Specifically, the key responsibilities would include:
• Design and build SAS-based tools for the automated population, validation and reconciliation of stress test data.
• Ensure that the validation and reconciliation of stress test data meets all regulatory requirements.
• Establish and maintain a data ownership and governance framework for the stress test data templates.
• Identify gaps in data quality and collaborate with various stakeholders to resolve them.
Business
The role holder is responsible for the following in undertaking the role:
• Support of the Group’s Balance Sheet, Profit & Loss and Tax modelling methodology, assumptions, compliance requirements.
• Automation, maintenance, enhancement, and execution of the stress test models for the balance sheet and P&L, considering various dimensions including segments, geographies and products.
• Work alongside workstream leads to develop and prepare quantitative financial projections
• Translate business and market drivers into financial projections, especially for wholesale banking products.
• Identify model risks and quantify impact
• Automation and maintenance of the data templates that are used for regulatory submission for all the banks regulators
• Ensure data quality, reconciliation, validation, consistency with various sources.
Interface Planning and Support
• Execute to the timelines for each of the stress test exercises
• Support documentation of stress test models, methodology and basis of preparation
• Support process, controls, and documentation requirements
• Assist to engage, influence and maintain successful working relationships with:
• Risk teams for all scenario and risk workstream analysis and results
• Technology, to implement model updates into the Central Stress Testing platform
• Workstream leads to prepare outputs from the models
• Business and other stakeholders, for source/upstream data requirements
Analytics and Advisory
• Prepare presentation decks for workstream management on Stress Test results for Wholesale products
• Analysis and benchmarking of stress and base case scenarios
• Analyse the Group’s stress test financials for Balance Sheet and P&L, to ensure reasonableness and accuracy in projections
• Consolidate and report results to workstream management
Processes
• The role holder will need to support the establishment and documentation of all processes and effective controls for the new hub in accordance with the broader stress testing team
People and Talent
• The role holder will need to support development and stabilisation a newly formed team, working across geographies
• Ensure all activity adheres to the Enterprise Risk Management Framework, relevant policies and standards, with a specific focus on ensuring an effective framework for the management of operational risks as they pertain to the role.
Governance
• Demonstrate an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.
• Deliver ‘effective governance’; capability to challenge colleagues effectively, or escalate appropriately; and willingness to work in an open and cooperative manner with all.
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.
• Lead the team 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
• Stress Testing Team
• Business leadership
• Key operations and technology partners / vendors
Other Responsibilities
• As delegated by line management from time to time.
Our Ideal Candidate
The role holder will have experience in:
• Regulatory reporting in the financial services industry
• Knowledge of regulatory frameworks and Banking regulations
• Full or partial qualifications like CFA or FRM will be considered favourably
• 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.
Required Qualifications & Skills
The ideal candidate should possess the following:
• Detailed knowledge of and direct experience in assuring stress test data integrity – Bank of England or CCAR. Knowledge of the Bank of England’s Stress Test Data Framework is required.
• Prior experience of conducting a capital stress test involving projections of asset, income, impairments or any other key metric.
• Direct experience in SAS programming and macro-programming on excel using VBA. Knowledge of MS SQL, MS Access, Axiom will be considered a plus.
• Expertise in using MS Office tools – Word, Excel and PowerPoint and Tableau.
• Strong creativity and problem-solving abilities.
• Confident self-motivated person with a high level of drive and ability to operate in a fast-paced environment with multiple stakeholders.
• Excellent written and verbal communication skills
In addition, he/she should be able to provide valuable inputs to help identify opportunities to improve on stress testing current processes and own quantitative changes and change requests.
• Responsible for the stress testing data sourcing and preparations, methodological calculations including the use of existing infrastructure and technology, producing quantitative charts and packs and other related requirements.
• Deliver a high quality Structured Template Data (STDF) Templates, as per the requirements set out by the Prudential Regulation Authority (PRA) in the Bank of England (BoE) stress test and other similar date requirements issued by the likes of the Hong Kong Monetary Authority (HKMA) or Monetary Authority of Singapore (MAS)
• Ensure that the stress testing methods employed are compliant with EST procedures, policies and Data Quality standards and any deviation is properly documented and approved.
• Ensure compliance with the Operational Risk Framework requirements and that quantitative controls are in place and executed in full.
• Drive improvements in the stress testing computations and automate manual processes for more efficiency and productivity.
• Manage all correspondence via their nominated work stream leads, support functions and stakeholders.
• Ensure compliance with governance related aspects of EST production and deliver
• Ensure compliance with the BCBS23+ principles for effective risk reporting and data aggregation
• This is a rapidly evolving space so the role holder must be comfortable with ambiguity and change.
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 www.sc.com/careers
💡 Quick Summary
Seeking a career-building opportunity? The Senior Manager | 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.
