Job Summary

The Manager, Credit Risk Stress Testing is responsible for running the Credit Risk Stress Testing for SCB AG’s credit portfolio. This includes but not limited to stress testing for ICAAP, risk specific management stress testing etc. The person should have a good understanding of the scenario impact to the portfolio and be able to understand the RWA calculation in the Standardised as well as the F-IRB approach under CRR III.

Key Responsibilities

• The Manager, Credit Risk Stress Testing will lead the Credit Risk Stress Testing for SCB AG’s ICAAP, Management Stress Testing, Regulatory Stress Testing, and any other credit risk related stress testing for the legal entity.
• This role requires a good understanding of risk drivers to the credit risk portfolio, areas of vulnerability and how the scenario can impact the portfolio. A good understanding of how RWA is derived and how ECL is impacted is critical so that the results of stress testing can be interpreted to inform management on key takeaways or necessary actions that needs to be considered
• Liaise with capital oversight team with credit risk stress testing for an efficient and effective quarterly ICAAP process for SCB AG.
• Work closely with the Credit Risk team to identify key risk drivers as well as areas of vulnerability.
• Work with the model development team on any quantification updates.
• Ensure effective levels of control and documentation on the Credit Stress Testing Process
• Ensure the credit risk stress testing results can be fed into credit risk management as a feedback mechanism.
• Strong governance, robust documentation and controls aligned to SCB AG’s Organisation Guidelines.

Skills and Experience

• Minimum degree from an accredited university.
• Banking regulatory framework.
• Substantial experience in banking industry or consultancy.
• Regulatory interpretation and/or ICAAP.
• Regulatory Interpretation (CRR including EBA Guideline, MaRisk etc.).
• Credit Risk Quantification (RWA etc.).
• Governance and Assurance.
• Additional professional qualifications (MBA, CPA etc.) is a plus.
• Business proficiency in English (verbal & written).

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.