Senior Manager, CPBB Stress Testing

Standard Chartered Bank
Singapore, Singapore
26 Jul 2022
25 Aug 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Role Responsibilities
This is a stress testing role that sits within Group FP&A. Stress testing is a comprehensive process that evaluates the capital adequacy and liquidity position of a bank under a severe but plausible stress scenario. Stress testing at the group level covers important regulatory exercises annually such as Group ICAAP, the BoE Stress Test, Recovery Plan Stress Test as well as adhoc management stress tests. The scope for this role is on Consumer, Private and Business Banking (CPBB) and the coverage is on credit risk.
Role and responsibility include but not limited to the following
  • Support CPBB on Enterprise Stress Testing and scenario analysis.
  • Engagement with Product Heads and CRO team to review stress test results and provide advisory on the impact of stress for the respective products and CPBB collectively.
  • Product coverage includes mortgage loans, credit cards, personal loans, business banking loans and wealth secured lending.
  • Drive credit risk projections on EAD, PD, LGD, ECL, LI and RWA.
  • Socialise results with stakeholders through a robust review and challenge process.
  • Analyse and present results for forums and committees (CPBB Stress Testing Forum, Group Stress Testing Forum, Group Risk Committee).
  • Support data providers on data quality issues and enhancement of data granularity.
  • Support model owner(s) on model life cycle activities (change management, development, testing, validation, monitoring, etc).

Our Ideal Candidate
  • 8+ years of banking Exp.
  • Degree in a numerate discipline (eg. statistics, economics, mathematics or financial engineering).
  • CFA, FRM and PRM will be considered favourably.
Role Specific Technical Competencies
  • Knowledge on Credit Risk, IFRS9 and Basel IRB.
  • Knowledge on retail banking products.
  • Knowledge on balance sheet.
  • MS Excel.
  • Critical Thinking and Analytical skills.
  • Communication and Presentation skills.

About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 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
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
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