Job Summary

Vice President, Stress Testing is responsible for leading the delivery, governance, and strategic development of the Business Volumes and Margins (BVM) Stress Testing framework across the Group and legal entities. The role oversees the projection of balance sheet, income statement and related financial metrics under baseline and stress scenarios to support key regulatory exercises including ICAAP, Bank of England Stress Testing, Climate Risk Stress Testing, and other enterprise stress testing initiatives including Management Stress Tests.

The role partners closely with stakeholders across Finance, Risk, Treasury, Technology, and Country teams to deliver robust financial projections, assess the impact of stress scenarios on financial performance and capital adequacy, and provide management insights to support strategic decision-making. The incumbent is accountable for maintaining a strong control environment, driving process enhancements and automation, and ensuring compliance with internal governance standards and regulatory expectations.

As a people leader, the role is responsible for developing a high-performing team, fostering a culture of continuous improvement and innovation, and ensuring the successful execution of Finance-owned stress testing deliverables across multiple jurisdictions and regulatory frameworks

Key Responsibilities

Strategy
•    Support the development and execution of the Group's Stress Testing strategy across regulatory and internal stress testing exercises.
•    Drive the evolution of stress testing methodologies, governance frameworks, and operating models to meet changing regulatory expectations and business needs.
•    Influence strategic decision-making by providing insights into balance sheet resilience, P&L and financial performance under stress scenarios
•    Lead transformation initiatives to improve efficiency, automation, scalability, and control effectiveness across stress testing processes
•    Support the adoption of emerging stress testing capabilities including Climate Risk Stress Testing, Recovery & Resolution Planning, Management Stress Test and enhanced entity-level stress testing frameworks.

Business
•    Lead the Balance Sheet and Income Projections for Group and Country stress testing exercises including ICAAP, Bank of England Stress Testing, Recovery Planning, Climate Risk Stress Testing, and management stress testing
•    Provide robust balance sheet, Income projections under a range of stress scenarios in conjunction with Capital, Liquidity and Risk stress testing teams
•    Partner with Finance, Risk, Treasury, and Country stakeholders to ensure stress testing outputs are credible, timely, and aligned with business strategy
•    Deliver high-quality Stress testing results narrative and insights to support executive committees, Board forums, and regulatory submissions
•    Act as a key representative for BVM Finance Stress Testing in governance forums, regulatory engagements, and cross-functional initiatives.

Processes
•    Oversee the end-to-end stress testing lifecycle, including scenario interpretation, forecasting, review and challenge, management overlays, governance, and result submission.
•    Ensure stress testing activities are executed in accordance with approved methodologies, policies, standards, and regulatory requirements.
•    Identify opportunities to simplify, standardize, and automate stress testing processes across Group and Country exercises.
•    Own the inventory, lifecycle management, and strategic roadmap for End User Computing (EUC) tools supporting Finance Stress Testing.
•    Coordinate working groups, review forums, challenge sessions, and stakeholder sign-off processes throughout the stress testing cycle
People & talent
•    Leading through example by upholding high standards of excellence, ethics & code of conduct, governance and risk awareness, and stakeholder partnership & collaboration.
•    Lead, coach, and develop a team of stress testing professionals to deliver quality stress test results and meet regulatory requirements.
•    Create a culture of accountability, continuous improvement, innovation, and effective stakeholder partnership.
•    Empower the team to take necessary actions/decision for effective execution of their roles
•    Developing a high-quality team through effective and diversified hiring practices, clear guidance and feedback, training & mentorship, conducting fair and transparent performance evaluations, and frequent staff upskilling

Risk management
•    Maintain a comprehensive understanding of risks arising from stress testing methodologies, assumptions, models, processes, and data.
•    Ensure effective identification, assessment, escalation, and remediation of issues that may impact stress testing outcomes or regulatory deliverables
•    Promote a strong risk culture and ensure compliance with the Enterprise Risk Management Framework, Stress Testing Standards, and related policies
•    Oversee adherence of action plans relating to audit findings, control enhancements, regulatory reviews, and independent validation observations.
•    Ensure appropriate controls exist across stress testing processes, data flows, models, and reporting outputs
Governance
•    Ensure all stress testing activities operate within approved governance frameworks, policies, and regulatory expectations
•    Conduct Risk and Control Self-Assessment (RCSA) across the Balance Sheet and Income Projection process and identify control gaps
•    Monitor the Finance DQMs for Balance Sheet and Income projections and ensure they have been risk rated and approved by GMV as per the process
•    Ensure audit-ready documentation and control evidence availability along with periodic attestations for EUCs used in regulatory and management stress testing.
•    Act as the primary point of contact for audits, independent reviews, regulatory requests, and assurance activities relating to Finance Stress Testing (Balance Sheet and Income)
•    Ensure timely and accurate completion of regulatory submissions and governance deliverables

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.
•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders
Internal
•    Global Process Owner- Stress Testing
•    Global Head- Stress Testing and Analytics
•    Head – Projections & Insights
•    Head – Planning, Governance and Reporting
•    Group ST owners
•    Business Heads
•    Country /Regional ST Leads
•    Head – Capital Risk Oversight
•    Head – Entity Stress Test 
•    Technology and Data 
•    Model Risk Management
•    Head- Finance Risk & Governance
•    Group Internal Audit
External
•    Regulators & other Policy makers
•    External Auditors
•    Independent Review Functions

Other Responsibilities
•    Embedding Here for good and the Group’s brand and values in the team
•    Performing other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Skills and Experience

Stress Testing Methodologies & Frameworks
•    Deep understanding of stress testing methodologies, including macroeconomic scenario translation, and projection models and methodologies across portfolios. 
•    Strong knowledge of regulatory stress testing requirements, including ICAAP (Internal Capital Adequacy Assessment Process), supervisory expectations, and submission standards. 
•    Excellent in communication, presentation and stakeholder management - internal, external (including regulators) across multiple locations and functions.
•    Track record in a leadership role driving engagement with senior business leaders, strategic change initiatives, regulatory engagement and managing cross border teams.
•    Ability to drive adoption of system-based solutions, including requirements definition, understanding of system logic, and validation of outputs to support robust and scalable processes.
•    Ability to apply robust governance, review, and challenge techniques, ensuring outputs are credible, well-documented, and defensible under audit and regulatory scrutiny.
•    Exceptional communication and presentation skills with ability to influence and engage senior executives, board members, and regulatory authorities 
•    Comfortable working in an environment where continuous improvement is expected 
•    Action orientated and drive to move matters forward.
•    Strong capability in leading and developing cross-functional teams, including building analytical capability, driving accountability, and embedding a high-performance delivery culture.

Qualifications

•    Professional Accountancy, CFA or related qualification from recognised professional body.
•    15+ years working in banking / financial services, with a background in finance/risk
•    Proven leadership in FP&A, Stress Testing, operations and process management, with process design and re-engineering background
•    Experience in delivering Regulatory Stress Test and managing a diverse team of stress test analysts 
•    Strong understanding of financial modelling, forecasting and business segments across CIB, WRB and Treasury
•    Strong stakeholder management and communication background, with experience leading and driving governance forums and committee’s

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.