Job Summary

• 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. The unit is also currently expanding itself to support the CEO CIB Office with Credit Portfolio Management. Various sub-units underneath RRSD are listed below:

Wholesale Credit and Country Risk Reporting (WCCRR) 

• The Team prepares Country and Cluster Risk Information Report i.e. Management Packs on a monthly basis. Approximately around 150 packs covering the Booking Location, Management Location and Country of Credit Responsibility location are shared with respective country and regions. 
• Finrep (Financial Reporting) is a suit of regulatory reports required by PRA. While Finrep reporting is owned by Finance, a couple of modules of this report require the submission of Past Due and Forbearance data which are managed by Risk. This is a quarterly reporting process in which the required Risk data is collated and provided to the Finrep team for preparation of the regulatory report.

• STDF - The PRA has developed STDF to provide quantitative assessments of the capital adequacy of the UK banking system and individual institutions. UK banks are therefore required to perform stress tests to understand the impact of a series of shocks on their capital positions and must submit detailed reports on results to the regulator. The team’s activities include sourcing of data from various systems/ teams and prepares few specific STDF templates, performs recon, Query handling and participate in governance calls.
• CCIBRC/GRIR/Cluster RIR – Team prepares customized decks which give holistic view of CCIB credit risk metrics across the regions. The process starts by sourcing of data from various systems, inputs from industry teams, SAG/SAR. Source data will be processed, reviewed and act as underlying data for various slides in the respective packs. These decks also include Risk appetite metrics, Parental support, Specialised Industries, Highly cyclical & vulnerable industries, etc. Packs will be further reviewed by senior management and necessary actions will be agreed with Business.

Country Risk

Group Country Risk is a global team based in London and Singapore with country coverage split regionally, now expanded to Chennai and Bangalore. Key tasks are to:

• Set framework and policy for accessing risk by country
• Review and monitor exposure limits by country, for Local and Transfer and convertibility risk and intragroup risk
• Maintain sovereign ratings and Outlook for countries

Strategy

• Ensure appropriate BAU controls are being established within RRSD and deployed effectively in GBS. 
• Support new Business requests through Product programmes and Country addendums
• Look for possibilities of leveraging on synergy within the various process through automation thereby bringing in improvements.

Business

• Communicate and pursue the strategic intent and agenda for RRSD
• Assist in Maintaining and developing RRSD’s capabilities, skills and infrastructure to meet ongoing business needs and plans
• Lead the journey in automation of monitoring tools for all FM products.
• Implement adequate data quality Operational Risk Controls in BAU processes and ensure Audit readiness
• Lead and deliver the requirements of the Group in compliance to regulatory principals
• Improve client experience through more efficient and effective monitoring of exceptions in tandem with Risk, Client Coverage and Front Office users

Processes

WCCRR 

• Monthly RIR pack preparation using Finance and Risk infrastructure data. 
• Constantly liaising with Risk MI / RiskView Team to assess impact to RIR reporting.
• Query resolution/ Business support on the packs sent to CROs
• Requires extensive sourcing of data from various systems across the bank (i.e.,) RiskView, Creditmate, CMS, SCI, RMI. 
• The Team prepares Finrep report where we gather past due and forbearance numbers from individual countries and SAG exposure, which are aggregated, and we provide 2 MFU’s to Finrep Team.
• The Summary of the Past Due and Forbearance data is presented as slides to Senior management in a quarterly basis.
• For STDF the team prepares Non Static and Static MFU’s which are uploaded into Axiom on a Monthly / Quarterly basis for Template 18
• Few other SDTF templates (T19, T91, T88, & T57), which are also prepared on Monthly / Quarterly / Annual basis (as applicable) outside of Axiom.
• STDF Template preparation includes sourcing of data from various applications / Teams, processing the source data and performs recon.
• Team also participates in UAT for STDF template automation in Axiom.
• Review of process / EUC documents in RAD / MPDP on annual basis.

• Preparation of the monthly collateral file that feeds into CRHS and used for Country RIR reporting.
• Cluster Risk Information slides are prepared for Middle East & Pakistan and Africa, HK & GCNA, SC Bank and SCBSL clusters on a frequency depending on respective committee meetings.
• Team prepares customized decks which give holistic view of CCIB credit risk metrics across the regions.
• Team prepares source data (Combined data) for CCIBRC. This source data will be processed, reviewed and act as underlying data for various slides in the respective packs.
• CCIBRC pack includes Risk Appetite metrics, Parental support, Specialised Industries, Highly cyclical & vulnerable industries, WAPD, Sticks, etc.
• Team prepares monthly Risk appetite metrics which uses various sources to arrive at final RA metric. This has been reported for senior management review in case of any escalation / breaches based on agreed threshold.
• Performing various BCBS activities

Country Risk

• This role is integral to driving the Country Risk agenda globally, embedding the Country Risk framework, and monitoring and reporting Country risk. The team has expanded and needs support to complete:
• Preparation of Daily Limits breach reporting and investigation on breaches and high utilization 
• Sovereign scorecard checks
• Limit status checks for upload to Risk VIew
• Updates and reviews of outlook tracker 
• Reviews of monthly limit breaches report, control checks and notify us of new breaches 
• Updates of templates with most recent numbers as and when needed (templates such as GRC Committee packs, sovereign review tool, country capacity spreadsheet)
• Assist in preparation of limits and Sovereign templates for the regional reviews.
• Uploading work to sharepoint and generally keep it maintained 
• Become a RiskView expert; respond to RiskView queries, upload RiskView MFU’s etc

People & Talent 

• Continued focus on recruitment and team diversity ensuring balance of team demographics
• Continue to attract, motivate and retain superior talent in teams’ under management. 
• Lead through example and build the appropriate culture and values within the Risk function and across the wider organisation
• Ensure backup staff is identified and trained.  Ensure succession planning for the processes handled at GBS

Skills and Experience

• Manage Conduct    
• Manage Conduct    
• Manage Risk    
• Manage People    
• FM Products    
• Problem Solving skills    
• SAS/ Python/ SQL    

Qualifications

• For Grade E, F, G,H – Post graduates / Professional qualification with 7/10/13+yrs experience in Risk domain
• 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:
• Commendable people management skills, including handling professionals
• Strong knowledge in banking products across asset classes (FX/Rates/ Equity/ Credit and Commodities)
• Hands-on SQL, SAS, PYTHONAwareness of trading environment, market moves & potential impact on exposures. 
• Excellent communication skills - verbal and written 
• Be able to work in a global team 
• Excellent Microsoft Excel, Ppt and word skills
• Project management experience and documentation skills
• Be able to implement strategic ideas and enhance productivity and efficiency levels
• Significant Experience in major regulatory programs in the Risk/Finance, Banking industry – BCBS,IMM,CVA etc

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.