JOB SUMMARY

The Head of Market Risk Technology Change is responsible for leading and managing the technology transformation initiatives within the Market Risk function. This role involves overseeing the development, implementation, and maintenance of technology solutions that support market risk management activities, ensuring they align with the strategic goals of the organisation. The incumbent will work closely with stakeholders across various departments to identify technology needs, drive innovation, and ensure compliance with regulatory requirements. The ideal candidate will possess strong leadership skills, deep knowledge of market risk management, and a proven track record in managing complex technology projects.

RESPONSIBILITIES

Strategy:
•    Develop and implement a comprehensive technology strategy for the Market Risk function, ensuring alignment with the organisation’s overall strategic objectives.
•    Identify emerging technology trends and innovations that can enhance market risk management capabilities and drive competitive advantage.
•    Collaborate with senior leadership to define the strategic direction for market risk technology and ensure it supports business growth and regulatory compliance.

Business:
•    Partner with business leaders to understand their market risk management needs and translate them into effective technology solutions.
•    Ensure that technology initiatives support business objectives, enhance operational efficiency, and improve risk management processes.
•    Drive the adoption of new technologies and tools that improve the accuracy, speed, and reliability of market risk assessments.

Processes:
•    Oversee the design, development, and implementation of technology solutions that streamline market risk management processes.
•    Establish and maintain robust processes for technology change management, ensuring minimal disruption to business operations.
•    Continuously review and optimize technology processes to enhance efficiency, reduce costs, and improve service delivery.

People & Talent:
•    Lead, mentor, and develop a high-performing team of technology professionals, fostering a culture of innovation and continuous improvement.
•    Identify skill gaps and provide training and development opportunities to ensure the team remains current with the latest technology trends and best practices.
•    Promote collaboration and knowledge sharing across the technology and market risk teams to drive synergies and enhance overall performance.

Risk Management:
•    Ensure that all technology solutions comply with regulatory requirements and internal risk management policies.
•    Implement robust risk management frameworks and controls to mitigate technology-related risks in the market risk function.
•    Monitor and assess the effectiveness of technology solutions in managing market risk and make necessary adjustments to address any identified gaps.

Governance:
•    Establish and enforce governance frameworks for technology projects, ensuring they are delivered on time, within budget, and to the required quality standards.
•    Ensure that all technology initiatives adhere to the organization’s governance policies, including data privacy, cybersecurity, and compliance.
•    Regularly report to senior leadership and relevant stakeholders on the progress, risks, and outcomes of technology projects within the Market Risk function.

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.

Our Ideal Candidate

• 10+ years experience in technology transformation initiatives, ideally in a financial services setup
• Strong project management experience
• Proficiency in market risk
• Education: Degree in a relevant field (i.e. business management, accountancy) 

Role Specific Technical Competencies
•    Market Risk Management Systems
•    Project Management
•    Data Analytics and Risk Modelling
•    Leadership and Team Management
•    Financial Instruments and Derivatives
•    Systems integration
•    Change Management

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