Job Summary

The Director, Capital Management, will support the Capital Management team in the delivery of its objective to expertly manage the stock and flow of capital. They will take ownership for processes and work closely with team members on a range of deliverables. As such this role will give excellent exposure to the capital management activities of a global bank, including capital forecasting, stress testing, the ICAAP, and managing the framework of capital limits and risk appetite.

This is a key role aligned to the strategic objectives of the Group to improve ROTE and return capital to shareholders. The Director, Capital Management, is responsible for the end-to-end ICAAP process for Group and Solo. The role holder will have the opportunity to lead and engage in numerous high profile, Group-wide capital-related initiatives and activities

Working within a relatively small team, the role holder will be visible to senior stakeholders within Treasury, Risk, Finance and the businesses, and will have the opportunity to build their network across the Group’s diverse geographic footprint.

Responsibilities

• Delivery of the Group and Solo ICAAP which are key regulatory documents assessing the Group’s risk and its abilities to manage those risks. These processes drive the Group and Solo capital requirements and as such the successful, timely, delivery of these documents is critical. 
• Support the team manager with regulatory interpretation, and working with business teams to assess the impact of regulatory changes and how they impact the Group’s products and business lines.
• Lead and manage the annual submission of the Group and Solo ICAAP to PRA.
• Responsible for the coordination of Pillar 2 Expert Panels, partnering with risk owners and experts on how risks are identified and measures for the purposes of Pillar 2A assessments. This includes responsibility for scheduling meetings, preparation of materials (alongside Pillar 2 risk control owners) and minutes.
• Responsible for developing and exercising the Group ICAAP policy which underpins how the Group and Country ICAAPs are utilised as risk management tools and to ensure consistency across the Group’s jurisdictions.
• Lead and manage the review of Country ICAAP documents, assessing the impact to risk appetite and ensuring local plans confirm to Group standards.
• Manage the waivers and permissions process, including maintaining the schedule of activity, drafting applications to the PRA, and managing the submission process.
• Set internal Large Exposure limits based on forecast capital position, communicate changes to Risk and business teams.
• Work with other members of the team to ensure the teams operational risk processes are well controlled (via RCSAs) and regulatory compliance is monitored via the Prudential Compliance Framework (PCF).
• Provide expertise and recommendations.
• Advise and recommend on capital related matters relevant for Group and Solo.
• Ongoing scanning of regulatory publications and developments, assessing the impacts of regulatory changes and related market developments, and communicating to relevant stakeholders.
• Partnering with other Business Divisions and / or Business Functions, typically at Management Team minus two and three level, to identify and mitigate emerging issues and resolve queries with minimal guidance.
• Work collaboratively with stakeholders. Internally this includes Senior Management, Business, Finance, FP&A, Risk, Regional Treasurers and Stress testing teams to ensure a comprehensive and integrated approach to capital planning. Work closely with the Capital Issuance team in Treasury to ensure capital forecasts reflect the evolution of the capital stack e.g. due to issuance, redemptions etc. Externally, the role will have direct exposure/input to the PRA via monthly Capital team meetings.
• Understand the CRR, PRA rulebook and other relevant capital regulations.
• Adhere to Operational Risk Framework, BCBS239 principles and Prudential Compliance Framework.
• Support the design and testing of key controls for the Capital Forecasting process.
• Act as a key point person for internal audits.

Qualifications

• Relevant degree in Accounting, Finance or Risk Management.
• Working experience in Financial Services industry.
• Experience in Group Treasury and/or Capital Management and/or Risk Weighted Asset calculations; experience with UK/European regulations would be preferred.
• Proficient in MS Excel and Powerpoint.
• Able to construct messages appropriate for senior stakeholders, internally and externally.
• Able to decipher and communicate complex regulatory text.
• Technical ability to build and understand complex excel models.
• Analytical ability to reduce large amounts of data into concise messaging for senior management.
• Strong stakeholder and project management skills.
• Able to work in a dynamic environment and in very fluid situations with tight deadlines.
• Able to coordinate and work with diverse teams across functions and the business, as well as senior management.
• Ability to lead and drive initiatives with a structured and focused approach. 

Role Specific Technical Competencies

• Governance, Regulation and Risk Management
• Capital Management
• Finance and Accounting
• Effective Communications
• Financial Analysis
• Knowledge of Organization

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.