Manager, Stress Testing & Risk Appetite

  • Negotiable
  • Hong Kong Hong Kong Hong Kong HK
  • Permanent, Full time
  • Standard Chartered Bank Hong Kong
  • 21 Jul 18 2018-07-21

Leading the way in International Banking. We support the people and companies driving investment, trade and wealth creation across Asia, Africa and the Middle East. And our heritage and values are expressed in our brand promise - here for good. We are currently looking for Manager, Stress Testing & Risk Appetite

Leading the way in International Banking. We support the people and companies driving investment, trade and wealth creation across Asia, Africa and the Middle East. And our heritage and values are expressed in our brand promise - here for good. See our Brand and Values

We are currently looking for Manager, Stress Testing & Risk Appetite


Responsibilities

Stress testing Governance

  • Support the definition and implementation of enhancements in local stress testing governance
  • Interpret requirements, expectations and observations from regulator in relation to stress testing exercises. This includes keeping updated on changes in regulatory requirements (such as those listed in HKMA's Supervisory Policy Manual) and internal policies and addressing any gaps identified
  • Own the stress testing framework and policies
  • Undertake comprehensive analysis throughout the stress testing cycle to identify areas for improvement
  • Participate in and provide ongoing support to audit and regulatory reviews and inquiries in relation to Stress testing

Risk Appetite Governance

  • Interpret requirements, expectations and observations from regulator in relation to risk appetite
  • Undertake comprehensive analysis throughout the year to identify any areas for improvement
  • Participate in and provide ongoing support to audit and regulatory reviews and inquiries in relation to Risk appetite

Stress Test Coordination


  • Lead the coordination of the Bank's Risk function in completion of regulatory and internal stress tests
  • Liaise with Group and relevant local functions such as Finance, Risk and Business functions in facilitating the setting of stress test scenario
  • Design stress testing project plan and ensure timely delivery of milestones per the plan and appropriate identification and management of cross stream dependencies

Stress Test execution

  • Lead the consolidation, documentation and submission of stress testing results of the Risk function
  • Review, challenge and clarify the stress testing outputs on an enterprise wide risk basis to ensure consistency and completeness in line with regulatory requirements
  • Prepare communication packs and reports on stress testing results for presentation to senior committees such as Stress Testing Forum, Executive Risk Committee and Board meetings

Qualifications


  • Educated to degree level
  • 5+ years of experience in Banking industry
  • Demonstrate knowledge and understanding of regulatory stress testing such as ICAAP or Recovery Plan
  • Prior experience in Finance/Risk/Compliance/Audit/Governance and/or change management
  • Understanding of financial reporting systems and standards (including IFRS 9), legal entities, and/or role of regulatory authorities preferred
  • Understands complex interactions between economic and operational factors and their resulting impact to product, business line and financial results and position of the Bank
  • Strong written and verbal communication skills including the ability to effectively communicate and collaborate with various cross functional teams at all levels. Confidence in communication with senior management and in senior committees on Stress Test matters
  • Demonstrated ability for problem solving, working independently and attention to detail; Ability to use discretion and independent judgments. Ability to understand impacts of adverse economic and market scenarios
  • Ability to facilitate discussions and conduct working group meetings
  • Dedicated to information integrity and to producing high quality and insightful output and hitting deadlines where applicable
  • Ability to manage multiple tasks successfully and efficiently in a fast paced, regulatory driven environment. Experienced in project management


A diverse culture
We are committed to building a culture that fosters a diverse and inclusive environment that's free from bias, where everyone can realise their full potential and make a positive contribution. This is just one of our values that is expressed in our brand promise - here for good. Apply Now...