Job Summary

Join Standard Chartered as a Director of Financial Resource Management (FRM) within our Corporate and Investment Banking (CIB) division, where you will play a pivotal role in executing the Bank's strategy for optimising financial resources. In this position, you will lead initiatives focused on enhancing the capital, liquidity, and liability structure across the designated balance sheet, contributing directly to increasing the Bank's return on tangible equity (RoTE).

The role demands close and collaborative engagement with asset-side teams, coverage, product teams, and distribution units, placing you at the interface between business strategy and regulatory requirements. You will champion the balance sheet management efforts for CIB and liaise with Treasury and Finance teams to harmonise balance sheet optimisation within group-wide policies and regulatory frameworks.

This is a strategic leadership position based in London with hybrid working options. It offers the opportunity to influence critical financial decisions that shape the Bank's competitive positioning and risk profile, whilst working within a global financial institution dedicated to responsible banking practices. This position does not carry formal people management responsibilities.

Key Responsibilities

The scope of your responsibilities as Director of FRM is comprehensive and central to the Bank’s financial health and growth. Your key duties include:

• Balance Sheet Optimisation: Lead efforts to optimise the Bank’s assets, liabilities, and capital, ensuring regulatory compliance while maximising balance sheet capacity and improving competitiveness.
• Enhancing Liability Quality: Collaborate integrally with Treasury and Markets teams to improve liability quality, reduce funding costs, and minimise the Treasury drag effect.
• Diversification of Funding: Partner with distribution and product teams to diversify funding sources including exploring structured and contingent funding avenues, while managing risk-weighted asset (RWA) volatility through strategic distribution.
• Efficiencies Across Business Units: Work closely with Asset and Coverage teams to identify and implement initiatives that improve RWA and liquidity consumption efficiencies across key business lines.
• Central & Others Drag Reduction: Drive initiatives to reduce costs associated with Central and Other allocations to business units, enhancing overall financial efficiency.
• Liquidity and Stress Testing: Contribute to liquidity stress testing scenarios and reviews at the Group and Legal Entity levels, ensuring robust risk management practices.
• Advanced Modelling Development: Facilitate the development of sophisticated balance sheet modelling tools in partnership with Treasury and Finance to support strategic planning and forecasting.
• Funding and Liquidity Planning: Oversee execution of funding and liquidity plans tailored to the CIB designated balance sheets, ensuring alignment with organisational objectives.
• Deposit and Pricing Strategy: Lead the formulation of consistent strategies across current account & savings accounts (CASA) and client term deposits (CTDs), coordinating closely with counterpart teams to deliver optimised financial outcomes.
• Financial Forecasting: Direct forecasting efforts for assets, liabilities, and RWAs, working collaboratively with business partners, Treasury, and Finance teams to anticipate and influence key financial metrics such as LCR, NSFR, CET1, and leverage ratios, both at the Legal Entity and Group levels.

Skills and Experience

• Liquidity Management: Demonstrated expertise in managing liquidity risk, understanding regulatory requirements, and optimising liquidity across complex financial institutions.
• Financial Products and Markets: Deep knowledge of debt, equity, derivatives, and structured products as they relate to balance sheet management.
• Capital Management: Skilled in analysing capital usage and implementing strategies to improve capital efficiency and regulatory capital ratios.
• Financial Forecasting and Modelling: Proficiency in building and interpreting robust financial models that inform strategic decision-making and stress testing.
• Effective Communication: Excellent interpersonal and communication skills, capable of articulating complex financial concepts to both technical teams and senior stakeholders.

Additional skills include strong stakeholder management, critical thinking, and the ability to navigate regulatory and market developments impacting balance sheet optimisation.

Qualifications

• Educational Background: Graduate-level qualifications such as MSc in Risk Management or related fields, or a Bachelor's degree in Business Administration with emphasis on Accounting or Finance.
• Professional Experience: Extensive experience in banking and financial services, with particular emphasis on Treasury functions, Balance Sheet Management, Interest Rate Risk, and Liquidity Risk management.
• Certifications: Professional certifications such as CertBALM (Certified Balanced Asset Liability Management) or equivalent are highly desirable.
• Key Competencies: Proven track record in stakeholder engagement and effective communication within complex organisational structures.

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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers