Key Responsibilities
Strategy
Controls Oversight for Stress Testing
• Control Framework Design: Establish and maintain comprehensive control frameworks across all stress testing processes, ensuring robust first line of defence mechanism.
• Control Testing & Monitoring: Implement systematic control testing programs to validate effectiveness of stress testing controls, including periodic assessments and remediation tracking.
• Control Design effectiveness: Ensure that controls are effectively implemented across various stress testing workstreams to ensure that they are adequately compliant to the framework and its needs across 2LoD and independent assurance reviews
• Issue Management: Oversee identification, escalation, and resolution of control deficiencies and regulatory findings related to stress testing activities.
• Control Standards: Define and enforce control standards and minimum requirements across all stress testing workstreams and business lines.
• Independent Oversight: Provide independent challenge and oversight of stress testing processes, ensuring appropriate separation of duties and control effectiveness
Business
Ensure Strong Governance Standards for Stress Testing
• Governance Architecture: Design and implement robust governance structures including committee hierarchies, decision-making authorities, and accountability frameworks for stress testing.
• Policy & Standards: Enforce comprehensive stress testing governance policies, standards, and procedures across the organization.
• Decision Rights: Establish clear decision rights and approval authorities for stress testing scenarios, assumptions, and results interpretation.
• Governance Reporting: Create and maintain governance reporting mechanisms to provide transparency on stress testing performance, issues, and control effectiveness to senior management and board committees
• Cross-functional Coordination: Orchestrate governance across multiple functions (Risk, Finance, Business Lines) to ensure consistent application of standards and effective decision-making
Processes
Drive Book of Work Planning and Resource Management for Stress Testing
• Annual Planning: Lead comprehensive annual Book of Work planning for all stress testing activities, including regulatory submissions, internal assessments, and ad-hoc exercises.
• Resource Allocation: Optimize allocation of human capital, technology resources, and budget across stress testing initiatives to ensure delivery excellence.
• Capacity Management: Forecast and manage capacity requirements across regulatory cycles, ensuring adequate resources for peak periods and concurrent exercises.
• Project Prioritization: Establish frameworks for prioritizing stress testing initiatives based on regulatory requirements, business impact, and resource constraints.
• Delivery Oversight: Monitor and track delivery of planned stress testing activities, ensuring timelines, quality standards, and regulatory deadlines are met.
• Resource Planning: Develop multi-year resource plans including headcount forecasting, skill gap analysis, and capability development requirements.
People & Talent
• Manage people and talent, and ensure teams are adequately resourced across locations.
• Lead through example and build the appropriate culture and values, in line with the Group’s Leadership Agreement. Set appropriate tone and expectations and work in collaboration with risk and control partners..
• Assist in driving the learning agenda devised by HR and Group Finance
Risk Management
• Awareness and understanding of the regulatory framework pertaining to stress testing more generally.
• Ability to interpret financial information, identify key issues based upon this information and put in place robust controls and measures in line with the operational risk framework.
• Ensure the existing control and governance remain fit for purpose and the landscape evolves and be open to improvement and drive operational control improvements.
• Ensure and assist the Global Head of Stress Testing on key regulatory 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.
• Partner with Global Stress Testing lead to enable Stress Testing team to support achieving the outcomes set out in the Bank’s Conduct Principles.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters as they arise in connection with the role.
Key stakeholders
The key stakeholders supported by this role include the following:
• Global Head of Stress Testing
• Global Head of FP&A
• Global Head Business Performance Operations
• CFO Technology
• Group CFO Assurance
• Internal Audit
• External Audit
Skills and Experience
• Deep expertise in regulatory examination management, issue remediation, and compliance program development across multiple jurisdictions
• Strong background in operational risk, control testing, issue management, and three lines of defence models with hands-on experience in control effectiveness assessment.
• Excellent communicator. Internal, external and the regulator stakeholder management.
• Track record in a leadership role driving engagement with senior business leaders, strategic change initiatives, regulatory engagement and managing cross border teams.
• Proven track record of leading large, complex teams (50+ professionals) across multiple locations and functions
• Exceptional communication and presentation skills with ability to influence and engage senior executives, board members, and regulatory authorities
• Strong strategic planning and business acumen with ability to translate regulatory requirements into operational excellence
• Builds and nurtures great relationships with stakeholders and collaborates well
• Action orientated and drive to move matters forward.
• Comfortable working in an environment where ongoing improvement is expected
Qualifications
• Professional Accountancy, CFA or related qualification from recognised professional body.
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.