Senior Manager Stress Test, ESG R

Job Summary

•    Support the scenario analysis workstream for the countries
•    Point of contact for the country related climate stress tests and scenario analysis
•    Support the reporting and TCFD needs for countries
•    Promote Risk Governance.

The job holder will be based in Bangalore and focusing on delivering support for the Group Climate Risk team. The post holder will work in close alignment with a dedicated onshore manager that covers content driven topics and senior stakeholder management.

Main Responsibilities

Strategy
•    Support the Climate Risk scenario workstream focused on regulatory and management stress testing and scenario analysis, as well as periodic analysis covering portfolio sensitivity analysis to both transition and physical risks.
•    Support the use of climate scenario analysis for different objectives, such as risk management, business decision making and strategy, corporate and account planning. See to it that appropriate risk parameters and business targets are set up and adequately consider Group's stress results.
•    Support the development of a climate scenarios grasp base, such as research into industry best practices, regulatory and academic developments.
•    Centre on execution while being innovative, capability to take accountability and find ways to be part of the solution even when spotting problems.
•    Support country teams in executing local climate risk related stress testing and scenario analysis needs.
•    Have an automation-based mind set to support the automation of the scenario analysis for countries.

Business
•    Broad awareness and understanding of business model and risk profile.
•    Understanding of the bank's existing enterprise risk management framework, governance of the ERMF related expectations, wider stress testing and scenario analysis capabilities and existing processes, with an understanding of the climate risk stress testing and scenario analysis approach

Processes
•    Design and create controls for the Scenario analysis related workstream for Climate Risk.
•    Evaluate relevant existing controls and contribute to designing new controls as required.
•    Support development of climate databases, such as sourcing of internal and external data and executing data quality checks as required.

People & Talent 
•    Be part of a diverse team of skilled and experienced professionals in India.
•    Collaborate within ESG-R team and with key partners in climate modelling team, scenario design team and second line review, challenge team and several country teams to support a range of ESG-R projects and initiatives. 
•    Lead by example in reinforcing the appropriate culture and values of the function.
•    Contribute to ongoing training and development of team members.

Risk Management
•    Understanding of different scenario families such as NGFS, IPCC, and IEA scenarios
•    Understand and translating transmission channels of climate risks into financial system impacts
•    Familiarity with industry leading climate risk models and climate/ESG data providers, with fluency in the scope, capabilities, and limitations of each tool and platform
•    Understanding of regulatory expectations with respect to climate risks covering capital frameworks etc
•    Track record in dealing with large intricate, change projects and/or establishing / handing over new capabilities
•    A proven track record of liaising throughout diverse stakeholder groups; covering senior managers, and large firm networks
•    Experience with scenario expansion and/or econometric modelling for scenario analysis and stress testing purposes
•    Capability to code in SAS, R, Python
•    Prior background in stress testing, understanding of IFRS9, IRB models in credit retail and wholesale space
•    Aptitude to understand and appreciate the multi-layered interlinkages between systems

Governance 

•    Contribute to overall governance mechanisms (such as committee oversight and individual approval authorities) for regulatory and management scenario analysis

Regulatory & Business Conduct 
•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. 
•    Take personal responsibility for embedding the highest standards of ethics, covering regulatory and business conduct, spanning Standard Chartered Bank. This includes understanding and guaranteeing compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
•    Successfully and collaboratively recognise, escalate, mitigate and resolve risk, conduct and compliance matters.

Main stakeholders
•    Senior business and risk stakeholders and their team members:
•    Group Risk Framework Owners
•    Global Head, Enterprise Risk Management
•    Global Head, Stress Testing & Analytics
•    Other stakeholders include:
•    Regional and country stress testing teams
•    Group Risk reporting
•    Group Finance
•    Group Strategy
•    Group Sustainability
•    Group Investor Relations
•    Group Corporate Affairs
•    Group Scenario Design Team

Other Responsibilities
•    Embed Here for good and Group's brand and values in climate risk team; Execute other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats)
•    Lead the scenario analysis workstream for the group and countries
•    Point of contact for the country related climate stress tests and scenario analysis
•    Lead the reporting and TCFD criteria for countries
•    Promote Risk Governance

Capabilities and Experience

•    Data Science
•    MS Excel
•    Python
•    Power Point
•    Credit Risk Management 
•    Stress Testing

Qualifications

•    Market Know-how: 8-12 years of sound background in Climate Risk and/or Credit Risk Management as well as global climate policies and industry trends within space.
•    Good communicator, in particular written communications in English
•    Aptitude to explain multi-layered matters in simple and intuitive terms
•    Capacity to track and report progress updates of multiple areas against milestones and highlight core issues
•    Collaborative: working as part of a broader team to ensure a coordinated and consistent approach
•    Good organizer of incoming requests within the team
•    Capacity to collaborate with minimal direction
•    Demonstrate understanding of and commitment to the Group's core values.
•    Ownership mindset, able to think creatively and be open to new ideas
•    Able to team up with tight deadlines and multiple demands
•    Attention to detail
•    Proactive, problem-solving, helpful
•    Solid exposure to MS Excel and Power Point
•    Experience with coding in SAS, R, Python
•    Econometric/statistical model creating experience preferred
•    Experience with IFRS9, IRB, Stress testing models

About Standard Chartered

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 customers, communities, and each other. We question the status quo, love a challenge and enjoy finding new openings 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 team up 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 customer at the heart of what we do
• Never settle, continuously striving to strengthen 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 create for the long term

What we offer

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 such as 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 competencies, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
• A continuous learning culture to support your progress, with chances 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, over our teams, business functions and geographies - everyone feels respected and can realise their full potential.