JOB SUMMARY
Sitting within the Treasury COO function this Subject Matter Expert (SME) role would be part of the team responsible for implementing front-to-back hedge accounting solution in strategic reporting platforms. Along with an in-depth understanding of functional areas around Hedging strategies, trade booking and settlement processes, Accounting flows into Sub-ledger & General ledger, IFRS/US GAAP hedge accounting rules, the potential candidate requires strong business analysis skills, sound understanding of the Systems Development Life Cycle, and BI/MI reporting platforms.

The candidate would be required to:
•    Work in collaboration with Treasury policy, Product Control, Finance and Technology teams to implement front-to-back hedge accounting solution enabling Treasury to manage Interest Rate and FX risks using hedge accounting under US GAAP and IFRS.
•    Design and deliver an interface for hedge creation with automated algorithm based pairing of hedged items and instruments. 
•    Build, test and automate hedge effectiveness process (inception, prospective, retrospective) with full documentation of hedge statistics in line with IFRS9/ASC 815.
•    Implement automated hedge documentation and validation controls and business rules for auto-designation of hedge trades.
•    Elicit requirements and document them as functional requirements.
•    Support the program from conception through to post-implementation review, ensuring all necessary governance steps are followed correctly and completely
•    Lead functional testing activities 
•    Follow a structured approach to programme delivery and provide regular risk/issue updates to management

RESPONSIBILITIES

•    To act as a business solution owner of the projects’ target state and support analysis included in relevant concept and methodology papers required for preparation of functional requirement documents.
•    To be accountable for ensuring that detailed requirements are documented, and are duly signed off by relevant stakeholders
•    To ensure that the new solutions comply with internal procedures/external regulatory guidelines and project deliverables are properly understood by business stakeholders, project team, and end-users.
•    To validate strategic system architecture proposed by Technology is fit for its business purpose and is in line with the agreed business target state
•    To drive prioritization taking into consideration business benefits, delivery timelines, system performance etc.
•    To centrally coordinate system interfaces/dependencies/change releases for the Treasury and Liquidity Reporting work streams and ensure alignment across all centres
•    Communication with the policy owners and producers of regulatory and internal risk metrics to understand their processes and to push the business perspective. 

•    Communication with desks to understand user needs and resolve issues  
•    To support the development of testing packs with predefined results sets
•    To review test cases ensuring completeness of UAT coverage
•    To monitor any gaps/bugs identified, and work with Technology counterparts to track progress and ensure resolution

Strategy
•    Lead solution design and application implementation to reduce reliance on manual interfaces and grow internal capability

Business
•    Review business requirement and propose optimal solution to address business objectives, especially on SLAs. Lead stakeholders’ engagement and collaboration to ensure acceptance of solution design and architecture

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.

Key Stakeholders

•    Product owners/SMEs within Treasury Markets, Treasury Liquidity, Treasury Policy, Finance & Product control.
•    Senior Program/Project Managers – Liquidity, Enterprise changes, Technology

Our Ideal Candidate

•    10+ years of functional experience in Liquidity/Market risk, regulatory reporting solution design roles

•    5+ years of relevant experience in first-hand change management experience implementing or supporting FM or Regulatory Liquidity/IRRBB systems

•    Bachelor's degree in Data Management, Finance, or related discipline 
•    Preferred experience with SAP FPSL/PAPM modules, S4 Hana and Moody’s Fermat/Risk Authority/Risk Confidence risk calculation, data model and reporting engines 

•    Good understanding of financial risk and preferred exposure to Risk and Valuation systems for Financial market products
•    Experience in analysing data to draw business-relevant conclusions and in data visualization techniques and tools
•    Preferred experience as Data Engineer and Solution Design
•    Knowledge of Basel Liquidity regulations and good understanding of financial risk 
•    Expertise in SQL
•    Experience with both waterfall & agile methodologies
•    Strong communication and stakeholder management skills

Role Specific Technical Competencies
•    Balance Sheet Management
•    Business Intelligent
•    Requirement Gathering and Analysis
•    Finance and Treasury Data Analysis

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

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Visit our careers website www.sc.com/careers