This is a new role to conduct analysis of the results for enterprise stress tests.
Enterprise stress testing comprises the stress tests required by the Group's management and Board to inform Risk Appetite and 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).
The role would require technical knowledge of stress testing, regulatory capital requirement framework, the Bank of England's Stress Test Framework and sound stakeholder management.
The role reports to the Head, Stress Test Data and Analytics and sits within the Enterprise Stress Testing Team in Portfolio Risk Management, which drives all enterprise stress testing initiatives in collaboration with teams across the Risk Function and in Group Finance, Group Treasury and the business.
Key Roles and Responsibilities
Key Roles & Responsibilities The role holder will be responsible for analysing and organising stress test data, presenting conclusions and making actionable recommendations to the senior management. Specifically, the key responsibilities would include: * Conduct analysis of stress test results and the implications for strategy, planning and risk management based on established statistical and analytical methods. * Deliver the design and implementation of a new approach to reporting of results for enterprise stress tests as part of the Group's strategic solution for enterprise stress testing. * Ensure the production of high quality materials for senior committees and the regulator to support "telling the story" of the stress test results. * Define and embed approach for benchmarking Group's stress test results with peer banks for the Bank of England stress test and other exercises (CCAR, EBA).
Qualifications and Skills
Required Qualifications & Skills The ideal candidate should possess the following: * Detailed knowledge of and direct experience in stress testing - Bank of England, CCAR or ICAAP. * 5-8 years of exposure to banking and risk management with sound knowledge of products across lines of business. Experience in regulatory capital (specifically Basel III / CRD IV regulations) is preferred. * Ability to synthesize complex or diverse information, collect and research data, use intuition, business understanding and experience to complement data and procedures. * Expertise in using MS Office tools - Word, Excel and PowerPoint. * Working knowledge of SAS or macro programming on excel using VBA. * 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.
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:
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The closing date for applications is 3103/2017. 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.