Job Summary

Strategy
•    Prepare ALCO agenda and assist ALCO on balance sheet strategy and associated capital requirements to support the business growth and capital efficiency in China
•    Assist on ongoing development of the balance sheet strategy in line with group treasury guidance, country ALCO plan, and changing regulatory environment

Business

•    Ensure SCBCN meet the capital requirements on reporting and disclosure.
•    Support line manager to manage and optimize capital and RWA.
•    Support line manager to complete capital or debt issuance. 
•    Carry out the capital implementation projects.

Processes
•    Produce the capital reporting and disclosure, strictly following the regulatory and statutory timeline and requirements:
o    coordinating various teams for BAU report production.
o    reviewing the data/outcome prepared by GBS/GFS supporting teams. 
o    enhancing the reporting process for accuracy and efficiency
o    managing the change of reporting in accordance with internal and external environment

•    Liaise with Group capital project team and country representatives of each department to manage the capital implementation project, including:
o    coordinating the information collection with relevant departments where necessary
o    assigning regulatory obligations to respective risks owners for gap analysis and implementation
o    tracking the progress of the project 
o    support project UAT

•    Support line manager in capital planning and management, covering:
o    capital forecast for Corporate Plan and ALCO/RALCO
o    profit retention, sub debt issuance, profit conversion and capital injection
o    RWA and RoTE analysis
o    Treasury initiatives for capital optimisation
o    Other tasks assigned by line manager
•    To back up line manager whenever necessary

Key Responsibilities

People & Talent
•    Raise awareness of SCB promise and values

Risk Management
•    Support line manager in operating first line responsibilities of Process owners as outlined under Operational Risk Framework (ORF) and associated policies and procedures. Including, but not limited to the following:
o    Identify, assess, treat and monitor significant operational risks
o    Submit gross risk and residual risk ratings with rationales for approval by authorized Risk Owners 
o    Propose risk acceptance requests with justification to the authorized risk acceptance authority and abide by any conditions of acceptance 
o    Promptly execute any remediation or risk treatment actions in order to remain within risk tolerance 
o    Record and maintain a record of all formal risk assessment and risk acceptance decisions in the Operational Risk systems
•    Support line manager as Risk Owner for operational risk sub-types under External Rules & Regulations
•    Prudential Standard – Capital
(Prudential standards are defined as local regulatory requirements pertaining to Capital
•    Support line manager as Process Owner for the local capital regulatory requirements, be responsible to ensure that the local subsidiary holds sufficient capital and remain compliant with regulation.
•    Specific to the operational risk sub-types, execute second line Risk Ownership responsibilities as outlined under the Operational Risk Framework (ORF) and associated policies and procedures including, but not limited to the following:
•    Ensure that required control standards are being met, by continuous monitoring of risk and control indicators.
•    Highlight and escalate (as required) where control standards are not being met, including highlighting control design deficiencies or gaps to Group Risk Owners.
•    Challenge and approve (where appropriate) first line risk identification, residual risk assessments and mitigation plan, taking into account changes to the internal and / or external environment.
•    Review, challenge and support Risk Acceptance Requests made by relevant Country Process Owner(s) for submission to the authorized risk acceptance authority.
•    Monitor ‘live’ risks, and jointly with first line owners, ensure that appropriate management action is being taken to mitigate their impact.
•    Ensure TLAC compliance.

Governance
•    Assess the impact of new regulation, especially for capital management, and timely provide feedback to the management.

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
Internal:
•    Business / Function 
•    Regional Treasury 
•    China Finance 
•    GBS/GFS supporting teams 
•    Group Basel Teams
External
•    Local regulators
 

Skills and Experience

• At least 5 years working experience in financial institution or international audit firm (with exposure to banking industry)    
• Familiar with balance sheet and capital management in a commercial bank    
• Good communication and interpersonal skill    
• Strong teamwork spirit    
• Quicker learner, self-motivated and able to work under pressure    
• Excellent spoken and written English    

Qualifications

• EDUCATION     BACHELOR DEGREE MAJORING IN FINANCE OR ACCOUNTING RELATED
• CERTIFICATIONS     ACCOUNTING QUALIFICATION PREFERRED
• LANGUAGES     PROFICIENT ENGLISH IN BOTH WRITTEN AND SPEAKING
   

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.