Job Description
Senior Manager Stress Testing – Finance
Standard Chartered
Bengaluru, Karnataka
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15 hours agoFull–time
Role Responsibilities
Purpose
The role holder will be a part of the stress testing hub 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&rsquos regulators.
The team has responsibility for the execution of the Bank&rsquos 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 &ldquostrategy 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.
The candidate is expected to prepare quantitative stress test outcomes – coordinating with various teams within the Stress Test Execution team to ensure quality credit risk & finance stress test outputs in enterprise stress testing exercises (covering all the Group, Regions and Countries)
In addition, he/she should be able to provide valuable inputs to help identify opportunities to improve on credit risk & finance 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.
Build strong relationships with Credit Risk & finance workstream leads and owners who are based in global locations.
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 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
💡 Quick Summary
Seeking a career-building opportunity? The Senior Manager Stress Testing | Finance position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru 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.
