Job: Business Support and Management
Primary Location: ASEAN & South Asia-India-Chennai
Employee Status: Permanent
Posting Date: 07/Oct/2020, 7:43:28 AM
Unposting Date: Ongoing
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
RRSD Unit faces the Group Risk Function with a peripheral support to CEO CIB Function. It handles wide spectrum of activities to support the Enterprise Risk Analytics, Traded Risk Management, Risk & Compliance Reporting teams of the Group Risk.
Risk & Compliance Reporting:
Counterparty Credit Risk Reporting (CCRR)
Top 50 Counterparty Credit Exposure Reporting is a weekly/ monthly/quarterly reporting requirement from PRA. The data is collated by PRA on behalf of European Banking Authority which is keen on understanding the movement of funds between large Corporate Groups, FIs and Government bodies because of transactions done on Global Market Products
Apart from top 50, the team produces daily, weekly & monthly Counterparty Credit Risk reports including 5 priority reports using a central reporting toolkit. Covers an array of different exposure management and MIS reports that reach a gamut of TRM personnel and often under scrutiny and changes.
Help to ensure appropriate BAU controls being established and deployed effectively in GBS.
Help to support new Business requests through Product programmes and Country addendums
Help to look for possibilities of leveraging on synergy within the various processes through automation thereby bringing in improvements.
Help the team to pursue the strategic intent and agenda for RCRCM
Help to improve client experience through more efficient and effective processing in tandem with Risk, Client Coverage and Front Office users.
Risk & Compliance Reporting:
Counterparty Credit Risk Reporting (CCRR):
Top 50 CCE reporting consist of two weekly (Templates A & C) and two monthly (Templates B & D) submissions. Additionally, there is quarterly submission (Template E) – Bank Exposures Report. Template A & B: Reports top 50 largest credit exposures, Template C: Reports top 10 CCP’s, Template D: Reports data for the 20 sovereigns Bank Exposures Report covers top 20 exposures to banks, NBFI, Corporate and Sovereign segments broken down by product type.The Team also compiles data on reporting firms counterparty credit exposures. These institution-to-institution credit exposure data (I-I credit data) cover reporting firms largest counterparty credit exposures broken down by product (instrument) type.
The production and distribution of daily, weekly & monthly Counterparty Credit Risk reports, within defined KPI targets and record keeping of any data adjustments made.
Query resolution/ Business support for the reports send to CCR teams
People and Talent:
Compliance with all relevant process procedure, guidelines, rules & regulations
To work and solve problems independently and be able to work in a deadline-oriented environment
Embed new Operational Risk framework into monitoring processes and report any escalations to Management.
Monthly monitoring of CST and performance measurement of KCIs
Work closely with Operational Excellence & Change management team members to understand key issues and processes and drive automation of processes.
Adherence to mandatory certifications and operational requirements
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.
Group Traded Risk Management (TRM)
Group Enterprise Risk Management Team
Group Risk & Compliance Infrastructure and change management
CEO, CIB office
Associated Technology partners
GBS Management team
Participate in at least 2 days of volunteering per year
Participate in engagement activities
Be motivated and actively engage in activities like innovation and automation initiatives
To hold assigned roles of First Aider / Fire Warden / ADCC as appropriate and discharge the expected responsibilities.
Post Graduation in Finance with relevant 3+ yrs experience
Risk Certifications from established institutions is recommended
FRM Certified candidates will be preferred
Any technical Certification in MS Office Advanced tools / SQL / Tableau / SAS/ will be preferred
General Skill Set:
Strong knowledge in banking products across asset classes (FX/Rates/ Equity/ Credit and Commodities)
Awareness of trading environment, macroeconomic fundamentals, market moves & potential impact on exposures.
Excellent communication skills - verbal and written
Ability to work under pressure
Have excellent attention to detail
Be able to work in a global team
Expertise in programming language is not required but good to have
Working knowledge in MS Excel, Access
Knowledge about Market and Credit Risk
Working knowledge of the Group’s businesses, governance structure and approach to risk management.
Experience in team admin tasks/cost controller/project accountant role with familiarity to SCB project management standards / tools would be a distinct advantage
Experience in Agile framework
Significant Experience in major regulatory programs in the Risk/Finance, Banking industry – BCBS,IMM,CVA etc
Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.