Job Summary

The Group Interest Rate Risk in the Bank Book (IRRBB) team is responsible for the production, control and delivery of the Group’s key prudential supervisory reporting and disclosures for IRRBB.  The team is based in London and India and supported by teams in Singapore. The team also plays a key support and liaison role for global functions such as Treasury, Risk and Investor Relations and is a key contact for the Bank of England. The team also acts as a centre of subject matter expertise in IRRBB regulations for the business, change functions and Financial Planning and Analytics and advises senior management. The team is responsible for project work focused on transformation and remediation of reporting process focusing on reporting software development, data and data quality control, calculation and process improvement, reconciliation and control framework. The team also supports on ad hoc and urgent issues impacting IRRBB reporting.  

Key Responsibilities

• Develop and drive the strategy for the team that fits in with the overall regulatory landscape and internal reporting and risk management requirements for IRRBB.  This focuses on the regulatory reporting requirements in the UK and the Group’s internal reporting framework and be part of the network with counterparts in Hong Kong and Singapore to support regulatory and internal reporting requirements for regional and country teams globally.
• Key objectives of the strategy are to develop and implement reporting and analytical capabilities which are supported by robust and effective control and operational risk management framework.  The development of people and talent is also key to ensure the IRRBB team attracts the best people and is able to sustainably support with key internal clients and stakeholders to meet their objectives. Core to the role will be the on-going development of technology platforms and solutions to drive efficiencies and improve outcomes for regulatory and internal reporting, in terms of completeness accuracy, timeliness and insight.
• In depth understanding of the Group’s businesses and products and how they impact regulatory metrics, reporting and associated controls.
• Expertise in relation to the regulatory IRRBB calculations, including current and future rules and regulations and how they apply to SCB.
• Expertise in systems and processes used to generate regulatory and internal metrics, particularly with experience in change projects focused process enhancements.
• Responsible for the strategy, execution and delivery of assurance with regards to data sourcing, calculations and reporting of regulatory and internal metrics that are generated within the Global Financial Regulatory Reporting team.  This includes prioritisation and delegation of activities to team members and liaising with stakeholders in COE, Global Risk functions, ITO and other teams as required, alongside the performance of assurance activities.
• Responsible for providing business advisory for new and existing product.

Skills and Experience

• Qualified Accountant or CFA with experience in BAU and Change roles 
• Relevant experience in risk and regulatory reporting roles with along with knowledge of regulatory policy and exposure to business and balance sheet management in Globally Significant Important Banks
• External reporting and development of innovative solutions to complex problems, Management of multiple complex deliverables, identification of priorities
• Drive functional change across regulatory reporting policy and processes
• Knowledge of Basel, UK and EU Regulatory Rules, provide guidance to the business on the regulatory impact of new products and changes to existing products
• FM Product expertise

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 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

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 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.