Business Analyst

Overview

The Risk/Finance Infrastructure and Change team at Standard Chartered requires a Business Analyst to support the delivery of Regulatory Enterprise-Wide Stress Testing (EWST), as part of the Stress Testing Project (STP), covering Balance Sheet Projections and multiple Risk types across the Bank, including Market, Credit, Liquidity, Operational, Capital and Pension Risks. The successful candidate will focus on Banking Book Finance/Credit Risk implementations and deliveries within the Scenario-Based Analytical Platform (SBAP). The successful candidate would have a FP&A (Financial Planning & Analysis), Risk Management or a Business Analysis background with a strong quantitative understanding of Financial Forecasting or Credit/Market Risk, who has a track record of working on risk-related projects and who has demonstrated strong stakeholder management skills. Prior involvement in the stress testing field is considered an advantage.

Refer to myHR for guidance on how to define roles and responsibilities.

Responsibilities

• Take ownership of the change process around Counterparty Credit Risk, both for internal capital adequacy purposes and for regulatory purposes, e.g. Basel IV
• Take ownership of functional model design
• Drive modelling changes around Losses, Risk Weighted Assets and Credit Valuation Adjustments
• Develop prototypes that will serve as a key tool for communication, coding and testing in the attainment of strategic Credit Risk model changes
• Engage with key business stakeholders for model/change requirements, to be able to articulate them, and to ensure that requirements are appropriately challenged and well thought out
• Engage with key technology stakeholders to ensure proper implementation of changes and/or requirements
• Understand models which derive Default Probabilities (PD), Losses Given Default (LGD), and Exposures at Default (EAD
• Participate in knowledge transfer initiatives and documentation
  
  

• 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.
• [Fill in for regulated roles]
• Lead the [country / business unit / function/XXX [team] to achieve the outcomes set out in the Bank's Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] *
• [Insert local regulator e.g. PRA/FCA prescribed responsibilities and Rationale for allocation].
  
  

[Where relevant - Additionally, for subsidiaries or relevant non -subsidiaries]

• Serve as a Director of the Board of [insert name of entities]
• Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association (or equivalent)
  
  

• Group and Local Stress Testing Teams
• Finance and Treasury teams
  
  

Embed Here for good and Group's brand and values in XXXX [country / business unit / team]; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats); [List all responsibilities associated with the role]

Risk Coverage

• Good knowledge of Derivatives, Secured Financing Transactions (SFT) trading products and typical risk profiles/sensitivities for underlying products
• Ability to understand trade bookings and types to evaluate how exposures feeds and impacts Credit Risk systems across metrics such as Current Exposure, Potential Future Exposure etc
• Awareness of different methodologies used by banks for ensuring capital assurance. Evaluate the impact of aggregate transactions on RWAs and related capital requirements.
• Investigation / Analysis/ Resolution of issues in the Credit Risk engine associated with Data Quality, or as part of regulatory or internal requirements
  
  

• Financial and Risk Management Theory
• Business Analysis
• Communication Skills
• Excel & Code Comfort Core
• Change management methodologies and
• Technical and Functional Design Advanced
• Agile practices
  
  

• Strong domain knowledge across FP&A or financial risk management, particularly Credit/Market Risk
• Strong understanding of financial mathematics and statistics
• Good knowledge of regulatory stress testing rationale, theory and demands. This includes but is not restricted to the Basel Standards and the various industry stress tests (ICAAP, CCAR etc)
• 6-10 years of Financial Services experience.
• Strong written and verbal communication skills
• Ability to manage a diverse and challenging stakeholder community to deliver change.
• Proficient in Excel
• Degree education in a quantitative field (E.G. Finance, Economics, Engineering)
  
  

Desirable but not Essential

• Post graduate degree or relevant qualifications (E.G. CFA/FRM/PRM Charter progress)
• Programming knowledge in Python, C# or Java
• Prior experience within Retail and/or Wholesale Credit Risk
  
  

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
  
  

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.