• Negotiable
  • Singapore
  • Permanent, Full time
  • Standard Chartered Bank Singapore
  • 16 Sep 17

Assistant Manager / Manager - Stress Test Analytics, Group Finance

  • Location: Singapore
  • Salary: Negotiable
  • Job Type: Full time

Please view Job Description for details.

Our client is a highly reputable top tier commercial and investment bank enjoying continued growth in Asia, the Middle East and Africa. Due to organic growth, the bank is seeking a person with 5-7 years working experience to join their stress test team within the Group Finance function.
The team is in a unique position to support and advise product, segment, or country stakeholders, while interfacing with Group leadership including CFO's, Treasurers, CRO's, and global heads.

The role is in the Group Finance Stress Test team, an area that is dynamic and high-profile. Expectations on the job are set high. Growth opportunities are attractive, as the job offers a platform towards more senior or diverse roles in the team, finance, business and key strategic functions.
Stress Testing is a key risk management tool to ensure that, under various scenarios, the Bank understands and identifies areas of risk within the Bank's portfolio's, products, and structure, to support decision making to proactively mitigate or respond to these risks. It also supports regulators in their supervisory capacity of the Bank.
Exercises include the
Bank's Internal Capital Adequacy Assessment Process (ICAAP) Stress Tests, the Bank-of-England (BOE) Stress Test, Reverse Stress Tests, and Resolution and Recovery Stress Tests.

Key Roles and Responsibilities

The candidate will play a key role in governing the Finance stress test workstream and ensure the Finance stress test results are accurate and impactful. There will be a steep learning curve to understand the regulatory requirements, assurance processes, modelling methodology, data, and results. This is required as the candidate will be responsible for the project management of each stress test exercise, business advisory and MI reporting of stress test results, and ensuring that appropriate assurance requirements have been met.

The candidate will need the following core skills:
* Analytical skills to understand, reconcile, and draw out appropriate conclusions,
* Communication skills to present results and conclusions, influence and propose actions for stakeholders,
* Stakeholder management skills to maintain positive dialogue and relationships across the Bank.
* Project management skills to ensure that timelines and deliverables are met and at a high quality.

Specific responsibilities for the job include the following:
1. Analytics and Advisory
* Analysis and benchmarking of stress and base case scenarios.
* Coordinating engagement with products, segments, and/or countries to understand behaviour, performance, and portfolio profiles under various scenarios. This will be performed in conjunction with our Modelling team.
* Interfacing with the data and modelling teams to ensure data requirements are met as stipulated by the Regulator or by internal reporting requirements.
* Alignment of methodology, assumptions, and results with other workstreams.
* Consolidating and reporting results to businesses. Identifying conclusions and proposals for proactive action and decision making.

2. Stress Test Delivery
* Coordination of the Finance Stress Test workstream and alignment with other workstreams.
* Defining and ensuring adherence to roles and responsibilities.
* Ensuring regulatory requirements are met, including specific methodology/rules and deliverables.
* Preparing MI packs for senior management, businesses, and committees.
* Identifying and managing enhancements and improvements in process, approach, reporting, or analytics.
* Meeting all assurance requirements including policies and procedures, controls, operational risk assessments, and internal audit reviews.
* Management of adhoc capital or liquidity projects, including adhoc stress tests, regulatory reporting changes, and other change initiatives.

Qualifications and Skills

Educational Background / Qualifications & Skills:
* Strong academic record at bachelor or master degree level in business, economics, finance, financial engineering or related field from a well-recognized institution
* Keen learner profile with an interest in the commercial banking or global market business
* Excellent communication, power point, and excel skills, supported by a good eye for details, basic common sense and a zest of creativity
* Proven strategic and analytical skills with a strong appetite for finding facts and offering solutions
* Good interpersonal skills and strong cross-cultural awareness
* Qualification towards CFA or FRM will be considered positively

* Broad business, strategy, credit, finance, treasury, or regulatory reporting of at least 3-5 years in the banking or financial services industry
* Track-record of gathering complex information, making sense of it and delivering clear, high-impact messages for decision-making.
* Proven ability to interact with multiple functions / levels and to coordinate deliverables from various inputs under tight deadlines
* Prior exposure to issues around market strategy, client planning, asset allocation, liquidity, Basel framework, balance sheet, risk management and /or Treasury

How To Apply

You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:

- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role

- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information)
- We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application

It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.

Closing Dates

The closing date for applications is 30/09/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.

Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.