Short Description

Job Summary

This role could be based in UK and Singapore. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country where the role is based.

•    Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank’s liquidity, capital, and balance sheet position. Treasury is laser-focussed on its vision to be “Open, progressive and trusted, working commercially with our partners” to create sustainable value by balancing the supply and demand of liquidity and capital.  Within Treasury (which comprises Capital, Liquidity & Markets), the Treasury Liquidity function is responsible for driving the strategic liquidity agenda, including Funds Transfer Pricing (‘FTP’) and Interest Rate Risk in the Banking Booking (‘IRRBB’). 
•    Within Treasury Liquidity, the Liquidity Risk Management (LRM) team will be responsible for establishing and implementing an effective framework for measuring, monitoring and managing the funding and liquidity risk across the Group and throughout the stress continuum (i.e., BAU, Recovery and Resolution). In addition, the team will be responsible to ensure the Group holds adequate liquidity buffer to sustain a range of severe stress scenarios and maintains a prudent funding profile in line with the PRA’s Internal Liquidity Adequacy Assessment Process (ILAAP) requirements.  
•    The LRM team responsibilities will be discharged through three pillars:              
•    Framework – Establish framework (Policies & Standards) to measure, monitor and manage the liquidity and funding risk.     
•    Modelling – Develop, maintain and enhance Models & Methodologies underpinning different liquidity metrics including stress testing. Simulations & Analytics – Build, maintain and run advanced simulation tools to provide granular liquidity modelling ("what-if" analysis) for recovery, resolution and ad-hoc management/regulatory scenarios.                                
•    The Director, LRM role will be responsible for supporting multiple initiatives / projects across all the three pillars described above. The candidate will also get an opportunity to work closely with senior stakeholders across the Group including Treasury, Businesses, Risk and Finance functions as well as externally with Regulators.

Key Responsibilities

Strategy
•    Keep up to date with the Group’s business strategy (incl. SC Ventures) and ensure the liquidity framework is aligned to that.
•    Support Global Head, LRM in:
•    providing relevant inputs / guidance into Corporate Planning / Funding Planning process to ensure the liquidity risk is adequately captured.
•    identifying key levers and emerging risks in relation to Group’s funding profile (e.g., due to change in market conditions or regulation) and present tangible and executable options to GALCO.

Business
•    Awareness and understanding of the wider business, economic and market environment in which the Group operates, with a focus on the Group’s participation in the Digital Assets and platforms space.
•    Provide support to Global Head, LRM in leading engagement with business stakeholders to understand the products and balance sheet needs, to interpret the risks, design and implement new/updated liquidity and funding metrics.

Processes
Assist line manager to manage:
•    End-to-end ILAAP process to ensure adherence to the underlying regulatory requirements as well as internal governance.
•    Process to run simulations such as recovery and resolution scenarios.

Risk Management
Core Responsibilities:
•    Lead and drive the assigned projects independently. The breadth and depth of the projects offers a wide range including BAU policy / standard maintenance to a critical regulatory submissions like ILAAP to a bespoke model / methodology development.
•    Collaborate with broader Treasury colleagues (particularly regional/country teams), Business stakeholders, Technology and Finance to socialise and implement the model/methodology changes.
•    Act as Subject Matter Expert (SME) and trusted advisor for liquidity risk topics by assisting the line manager in relation to:
•    Design and implement models and methodologies to manage the liquidity and funding risk across the Group;
•    Design different scenarios (for recovery, resolution or ad-hoc stress) and assess the liquidity impact by leveraging the internal simulation platform (T-Strats);  
•    Implement and maintain liquidity metrics in the technology platform (RCO & T-Strats);
•    Interpret liquidity regulations (such as LCR, CFMR, NSFR); 
•    Assess liquidity impact from emerging areas like Climate Risk, Crypto Assets; and
•    Provide SME input into policy review of new products (or changes to the existing products).
•    Manage compliance with SCB’s internal governance standards such as model risk, EUC governance, operational risk control, prudential compliance framework and manage associated documentations.
•    Actively contribute to the broader technology agenda to improve the liquidity platforms and data quality.
•    Manage and liaise with internal / external auditors as well as with the Treasury CRO function as and when required. 
•    Assist the line manager in supporting the broader TL initiatives.

Skills and Experience

Must-have Skills    
•    Action Oriented
•    Instils Trust
•    Collaborates
Other Skills    
•    Customer Focus
•    Nimble Learning
•    Courage
•    Manages Ambiguity

Qualifications

Key Experiences    
•    4-6 years of experience ideally in Treasury / Asset Liability Management (ALM) / Liquidity Risk function;
•    Good knowledge of liquidity risk management practices and liquidity regulations such as LCR, NSFR (particularly PRA and HKMA regulations);
•    Strong experience in building and maintaining the cash flow or behavioural models for different products (such as operational deposits, derivatives collateral outflow or interest rate risk) including model risk governance aspects;
•    Good knowledge of banking book and trading book (especially financial markets) products;
•    Deep interest in technology and be digitally literate, coding experience (e.g. in VBA / R / Python) is a strong plus;
•    Ability to understand, define and articulate business requirements in a clear, precise manner (with project management experience is advantageous);
•    Ability to scope and conduct data intensive numerical studies and present the results in a concise and clear manner to audiences;
•    Experience in managing senior stakeholders including Committees with effective presentations and influencing skills;
•    Able to work independently yet a great team player; and
•    Fast learner with a strong interpersonal, problem solving and analytical skills.
Certifications / Qualifications    
•    Professional qualification like ACA, CFA, FRM preferred but not essential for the right experience
Languages    
•    Fluent in English (both writing and speaking)

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What We Offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• 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 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.

Visit our careers website to learn more about us: www.sc.com/careers.