CAIA's Career Center is an easy-to-use, comprehensive resource connecting job seekers with employers in the growing AI field. Use your knowledge and credibility to advance your career or build a talented team for your organization. Opportunities targeted to CAIA Charterholders are prioritized.
In order to search for jobs specifically for CAIA Charterholders or those pursuing the CAIA Charter please enter “CAIA” in the search panel.
This will enable you to search for CAIA specific roles globally.
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
This role reports directly to the Senior Manager - Stress Test Modelling seated within the Enterprise Risk Management team. The successful candidate for this position will play a key role in supporting the development, maintenance, enhancement, and execution of the stress test models in relation to the Balance Sheet, P&L, and Capital Requirements in the Bank's stress test exercises such as the Internal Capital Adequacy Assessment Process (ICAAP) and Bank-of-England (BOE). This role's key components may include, but not limited to:
Analytics and Advisory
Prepare analysis and presentation decks for senior management and business stakeholders, on Stress Test results across all products.
Analysis and benchmarking of stress and base case scenarios for each of the products in the bank.
Analyse the Group's stress test financials for Balance Sheet and P&L, to ensure consistency in projection across all products.
Consolidate and report results to businesses. Identify conclusions and proposals for proactive action and decision making.
Stress Testing Modelling
Support of the Group's (Wholesale and Retail) modelling methodology, assumptions, compliance requirements.
Automation, maintenance, enhancement, and execution of the stress test models for the balance sheet and P&L, considering various dimensions including segments, geographies and products.
Work alongside business stakeholders to develop, understand, and translate business impacts into financial projections
Understand and translate business and market drivers into financial projections, especially for wholesale banking products.
Identify model risks and quantify impact
Automation and maintenance of the BOE templates that are used for regulatory submission.
Ensure data quality, reconciliation, validation, consistency with various sources.
Interface Planning and Support
Manage timelines around the stress test exercises
Support documentation of stress test models methodology and basis of preparation
Support process, controls, and documentation requirements
Assist to engage, influence and maintain successful working relationships with:
Risk teams for all scenario and risk workstream analysis and results
Technology, to implement model updates into the Central Stress Testing platform
Review and Challenge, to explain our models methodology and assumptions
Business and other stakeholders, for source/upstream data requirements
Our Ideal Candidate
Degree in a numerate discipline (e.g. statistics, economics, mathematics or financial engineering)
Forecasting and modelling skills
Banking product knowledge
Highly responsive with excellent communication and presentation skills, and the ability to explain complex matters in simple and intuitive terms, to non-technical audiences
Full or partial qualifications like CFA or FRM will be considered favourably
Strong SAS/Essbase knowledge would be an advantage
Strong Excel knowledge and abilities
Good knowledge of accounting
Strong critical thinking and analytical skills
Ability to work in high pressure environments
Proactive and independent self-starter
Clear and positive verbal communication skills to engage with the broader team and stakeholders
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6264507
About Standard Chartered Bank
eFinancialCareers is a career site specializing in financial services.