Senior Manager, Rrp Stress Testing

**Job Summary**- The role also supports the execution of the Group’s Reverse Stress Test exercise which explores the Group vulnerability. The role requires an understanding of the bank’s balance sheet and its capital and liquidity requirements, as well as the linkages between commercial, operational and financial aspects of resolvability scenarios. The multi-dimensional aspect of these scenarios differs to capital adequacy stress testing exercises and requires problem solving, collaboration and communication skills to bring together functional experts. It offers a unique opportunity to learn about the financials of the bank and to deliver insights that influence strategy and corporate planning activities.

**Key Responsibilities**

**Strategy**
- Develop the strategic requirements for resolvability and work with the Head, RRP Stress Testing and GPO Stress Testing to ensure these requirements are effectively implemented.
- Deliver insights from scenario modelling that inform the Group’s restructuring strategies, recovery plan and corporate plan, including combined capital and liquidity stresses.

**Business**
- Work with relevant business, Finance and Treasury to develop methodology for wind-down and disposal scenarios
- Engage with Treasury Liquidity team to connect funding-in-resolution analysis with valuation and financial projections
- Have a deep understanding of the Group’s financials and businesses and consult on areas of growth in the context of internal, external environment.
- Produce MIs for stakeholders for presentation, including the PRA, CFOs and the Board.

**Processes**
- Lead the resolvability modelling for ViR Valuation 3 including testing exercises for the Group MT, Board and Legal Entities.
- Continuously improve the current financial modelling capabilities and methodology, to ensure that projections are accurate and realistic, including capital and liquidity metrics.
- Liaise with stakeholders in getting inputs with the right level of granularity and ensure that financials are reconciled, including consistency in assumptions with other Vals.
- Streamline current processes to ensure an efficient way of execution of the Valuation 3 processes.
- Manage challenges from the second line of defence to the financial modelling and process
- Ensure that documentations are up to date - including Playbook, DOI, BoP, Aris map
- Work with BAU and Change teams to define vision for resolvability modelling and set requirements for enhancement of modelling capability through system and process changes.
- Support and drive the execution of the Reverse Stress Test exercise, held annually.

**People & Talent**
- This role will be supported by the Stress Test hub team.
- Guide the hub, ensure that the hub is well-trained and able to support the Valuation 3 processes.

**Risk Management**
- Assess Risks within process and design and ensure execution of appropriate controls to mitigate inherent risks.
- Develop effective risk management and controls within modelling and analytics processes, including compliance with relevant model risk governance standards.
- Review relevant regulations, assess compliance and identify gaps. Prepare action plans to address gaps and execute against them.

**Skills and Experience**

**Governance**
- Understand the regulatory framework in which the Group operates in and responsible for delivering, particularly with respect to resolvability modelling and stress testing.
- Ensure that the process meets regulatory expectations and that gaps are identified and tracked. Outcomes, methodology and limitations are clearly explained to relevant stakeholders

**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, 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.

**Key stakeholders**
- Head, Resolvability and Reverse Stress Testing, Stress Testing teams, Recovery and Resolution Planning team, Treasury, Risk

**Other Responsibilities**
Embed Here for good and the Group’s brand and values in your everyday work.
- 10+ years of experience in FP&A, Stress Testing, Treasury, Risk, business finance, corporate strategy or investor relations with specific financial institutions experience
- The individual should be fluent in reading bank financial statements and have a good understanding of banking products, capital and liquidity requirements, accounting methods and external disclosures
- Highly refined interpersonal and stakeholder communications skills as well as ability to extract and present key messages effectively
- A “Team player” approach is critical.
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