Job Summary

The GCFO Change team at Standard Chartered requires a Business Analyst to support the delivery of Regulatory Enterprise-Wide Stress Testing (EWST), as part of the Stress Testing Project (STP), covering Balance Sheet Projections and multiple Risk types across the Bank, including Market, Credit, Liquidity, Operational, Capital and Pension Risks. The successful candidate will focus on Banking Book Credit Risk implementations and deliveries within the Scenario-Based Analytical Platform (SBAP).

The successful candidate would have a FP&A (Financial Planning & Analysis), Risk Management or a Business Analysis background with a strong quantitative understanding of Financial Forecasting or Credit/Market Risk, who has a track record of working on risk-related projects and who has demonstrated strong stakeholder management skills. Prior involvement in the stress testing field is considered an advantage.

Key Responsibilities

• Take ownership of the change process around the balance sheet and interest calculations, both for internal capital adequacy purposes and for regulatory purposes
• Work with balance sheet and income models that project assets, liabilities and interest income/expense in addition to origination and attrition of the balance sheet under stress
• Apply quantitative skills and experience towards attaining a forensic understanding of Balance Sheet & Credit Risk models within SBAP
• Collaborate with risk stakeholders in ensuring that risk exposures are appropriately mapped to the balance sheet and that the balance sheet is adjusted for non-performance and credit impairments
• Engage with key business stakeholders for model/change requirements, to be able to articulate them, and to ensure that requirements are appropriately challenged and well thought out
• Engage with key technology stakeholders to ensure proper implementation of changes and/or requirements
• Participate in knowledge transfer initiatives and documentation
• Collaborate with developers and subject matter experts to establish technical vision and ensure functionality is implemented correctly including bug fixes that come out of the testing cycles

Skills and Experience

• Strong analytical, detail-driven and problem-solving skills, comfortable with working on technical detail
• Develop understanding of linear and logistic regression models used in forecasting Balance Sheet growth & attrition, expected loss (PD/LGD/EAD), portfolio segmentation and underwriting/originations
• Build an understanding of how credit risk and asset projections interact
• Drive change within Balance Sheet & Credit Risk projections while inculcating growth assumptions from linked Finance/Balance Sheet models
• Strong ability to interpret customer business requirements and translate them into functional requirements and functional design

Qualifications

• Strong domain knowledge across FP&A or financial risk management, particularly Credit/Market Risk
• Strong understanding of financial mathematics and statistics
• Good knowledge of regulatory stress testing rationale, theory and demands. This includes but is not restricted to the Basel Standards and the various industry stress tests (ICAAP, CCAR etc)
• 6-10 years of Financial Services experience, as part of a Financial Institution, within an advisory or consulting capacity or in a regulatory body.
• Having worked on projects in the capacity of a senior Business Analyst, as a consultant or from the perspective of a line user
• Broad knowledge of banking products, including derivatives across multiple asset classes, risk management processes and BCBS regulatory principles
• Strong written and verbal communication skills
• Proficient in Excel
• Degree education in a quantitative field (E.G. Finance, Economics, Engineering)

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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.