Job Summary

•    We are seeking a seasoned professional with experience in regulatory programmes and exposure to Capital Regulatory reporting to act as Risk reporting lead on Country Large Exposure (LE) monitoring initiatives, provide BAU support to Country Risk / Finance teams, and work with Data, Change and Technology teams on fixes and enhancements to improve the quality and timeliness of the LE monitoring / reporting process.
•    Country LE monitoring involves identifying connected clients and ensuring compliance with the regulatory LE limit caps / thresholds based on local regulatory rules (or ND rules i.e. National Discretion rules). LE dashboards for Singapore, Hong Kong and Germany have been operational, however, country teams have observed gaps in LE numbers due to timeliness, data quality issues and inconsistencies due to manual adjustments. A series of enhancements and fixes are in pipeline to plug these gaps.
•    The role holder will work directly with the Risk Lead for Regulatory Reporting Strategy, Risk Reporting Team, and key Risk & Finance stakeholders to deliver sustainable regulatory reporting solutions which ensure timeliness, completeness, accuracy and quality in regulatory reporting that meets the expectations of SCB management, Country CROs and local regulators.

Key Responsibilities

Strategy
•    Improve accuracy of LE numbers for Singapore, Hong Kong and Germany across various frequencies (daily, monthly and quarterly) to track utilisation and maintain within the LE threshold for respective NDs.
•    Provide inputs from Risk perspective to ensure LE requirements for NDs are captured as part of strategic finance regulatory reporting initiative.
•    Provide strategic design options for NDs to reduce overall cost.
•    Streamline LE reporting and monitoring target operating model (TOM) for countries and align the TOM with that of the Group.
•    Support in initial engagements to extend country LE monitoring for other jurisdictions.
Business
•    Strong communication skills and ability to provide updates on progress to a variety of stakeholders.
•    Analytical capabilities to provide insight and support workstream leads and SME's on articulating processes, controls and any gaps to be highlighted for remediation.
•    Proactive and collaborative, able to facilitate discussion amongst stakeholders to provide a good outcome for both Risk, Finance and the Business.
•    Good understanding of expectations from Regulators.
Processes
•    Awareness and understanding of Financial Regulatory Reporting processes and challenges.
•    Responsible for the Risk deliverables required for accurate country LE monitoring / reporting.
•    Liaising with Country Risk and Finance stakeholders for their concerns and providing them regular updates on LE fixes and enhancements.
•    Running database queries and performing data analysis for investigations.
•    Bringing together various teams from Risk and Finance for investigation in case of near-breach or breach situations and performing necessary investigations.
•    Posting manual adjustments for missing / inaccurate data when required.
•    Automation of manual processes to improve LE accuracy.

•    Additional data sourcing requirements to replace manual adjustments.
•    BAU support for data queries, DQ checks, dashboard support.
People & Talent
•    Develop and leverage a strong network across Risk, Finance, Business and TTO
•    Manage excellent relationship through an established engagement model with stakeholders both within Risk and other Functions. 
•    Look for Process Improvements and Innovations with an objective to ‘Simplify’.
•    Have an attitude to create a collaborative team environment.
Risk Management
•    Take personal responsibility for understanding the risk and compliance requirements of the role. Understand and comply with applicable laws and regulations, the Groups policies, procedures and the Group Code of Conduct.
•    Effectively identify, escalate, mitigate and resolve risk and compliance matters. Contribute to a culture in which all stakeholders feel safe to raise concerns and where risk and compliance matters are addressed, and misconduct appropriately dealt with.
Governance
•    Promote an environment where compliance with internal control functions and the external regulatory framework is a central priority

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
•    Country Risk and Finance
•    Risk Governance
•    Financial Risk Reporting MT
•    Group Finance (GRR, GCFO reporting and change)
•    Treasury and Treasury Risk
•    CIB and WRB business stakeholders
•    Risk Strategy and Digital Transformation, CDO, T&O teams
•     Internal & External Audit

Skills and Experience

•    Understanding of Regulatory frameworks, especially Capital regulations
•    Proficient in working with Excel and running database queries to perform data analysis
•    Experience of working in an environment supporting regulatory change or a s166 audit, preferably Basel related
•    Bachelors/Master from a well-reputed university
•    Strong understanding of Data and technology used in Regulatory Reporting
•    Excellent Stakeholder management and strong interpersonal skills
•    Strong Risk background ideally with exposure to Basel Credit Risk concepts including, IRB modelling, credit approval processes and understanding of governance and control concepts in the context of regulatory reporting

Qualifications

•    Bachelor’s or Master’s degree in a quantitative field such as mathematics, statistics, economics, finance, computer science or a related discipline.
•    Knowledge of regulatory frameworks and Banking regulations, more specifically related to Capital.
•    Understanding of Capital calculations, especially large exposures, and associated manual processes such as adjustments, manual file uploads, etc. is preferable.
•    Experience in supporting Finance/ Risk/ Regulatory Change initiatives and projects.
•    Strong analytical mindset with excellent analytical, logical, reasoning and problem-solving skills including prior experience with data analysis.
•    Experience of working with multiple stakeholders across different geographies.
•    Experience of working under pressure to produce high quality reporting in a highly controlled environment.
•    Exceptional written and verbal communication skills, with the ability to effectively convey complex technical concepts to both technical and non-technical audiences.
•    A good understanding of the data and technology architecture and flows supporting Regulatory Reporting at Standard Chartered Bank.

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.