The IFRS9 implementation project is a group wide effort driven by a central project team. The International Accounting Standards Board (IASB) has published the standard on IFRS9 Financial Instruments which brings together the classification and measurement, impairment and hedge accounting phases of the IASB's project to replace IAS 39. IFRS9 is effective for annual periods beginning on or after 1 January 2018, with earlier application permitted.
The purpose of the role is to support the design, development and implementation of the business delivery for the banks IFRS9 implementation. The scope will include all components of the IFRS9 delivery: Classification & Measurement, Impairment and External Disclosures. Business Delivery components of the Programme include: Governance & Policy, Process & Control, Organisation & People.
Key Roles and Responsibilities
Support to design, develop and implement a strong governance framework and required policy changes
Document processes and controls supporting the banks IFRS9 implementation.
Engage with multiple stakeholders across business lines and geographies to deliver detailed process maps required under the new framework.
Document proposed organisational structure changes and the definition of roles and responsibilities required to ensure transition into BAU.
Support the planning and delivery of a training and awareness approach and the documentation of requisite materials.
Provide support and oversight throughout the parallel run period to ensure eventual smooth transition into BAU.
Internal - Senior Risk Management, Finance, Group Technology, Risk Measurement, Group Portfolio Risk, Group Model Validation, Group Internal Audit, Country CFOs
External - KPMG, PRA, EY
Qualifications and Skills
Educated in a numerate degree or financially based subject
Experience in project or process governance
Understanding of IFRS 9 requirements with an additional understanding of modelling concepts and/or statutory or regulatory reporting processes.
Strong inter-personal and communication skills to work effectively with stakeholders from different functions; comfortable in building relationships at various levels and across geographies
Self-motivated person with a high level of drive, dedication and desire to excel consistently
Focused and organised, with ability to prioritise and deliver effectively
How To Apply
You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:
- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role
- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information) - We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application
It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
The closing date for applications is 31/03/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.