Standard  Chartered  Bank

Associate Director, RRP

Singapore, SG
A competitive salary and benefits to support your mental, physical, financial and social wellbeing
18 Jun 2024
03 Jul 2024
Approved employers
Approved employer
Contract type
Full time
Experience level

Job Summary

This role is part of the wider Country Balance Sheet Management team and leads the construction of the Bank’s Recovery Plan and Resolution Plan, analysis and impact of regulatory developments/changes on the Recovery and Resolution reporting providing insights on implications for the Country and Group.

The job holder is responsible for the following at Standard Chartered Bank:

  • Part of the wider Country and Regional BSM team supporting construction of the Bank’s Recovery Plan and the Resolution Information Pack (Country and SG Sub-Group)
  • Assist with analysis and impact of different regulatory regimes and regulation changes on the Recovery and Resolution reporting and provide insights on implications for the franchise
  • To support in prepare, present, and implement for regulatory deliverables around Recovery and Resolution reporting where required for the Country, the Region, and the Group.

Recovery Plan

  • Interpret the regulatory requirements from the local, Regional, and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions
  • Construct of the Country recovery plan for the SG entities and the SG sub-Group in compliance with local/Regional regulations and Group policies and procedures
  • Recalibration of Recovery indicators in compliance with the Relevant policies and procedures and preparation of Country and Regional stress dashboard with relevant thresholds/ scalars and approvals
  • Conduct scenario analysis for inclusion in the Regulatory submissions as per the local/group regulatory requirements
  • Support for a full-blown fire drill in line with the Regulatory requirements with the relevant inputs/crisis MI
  • Engage relevant stakeholders for data inputs and governance reviews- end-to-end
  • Support engagement with the MAS and other relevant regulators
  • Roll out of ORF for the RCP global processes

Resolution Information pack

  • Interpret the regulatory requirements from the local, Regional, and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions
  • Support and initiate Determination of approaches to determine the various critical components for Material entities, Critical shared services, Critical functions, etc
  • Detailed and granular level of data collation through wide stakeholder engagement from across the Bank, business functions, and related entities (Including OCIR)
  • Support on Engagement with the Group and SG senior management across function driving support and governance around the regulatory submission
  • Support on engagement with the MAS on specific queries and driving the conversations on approaches and results of the approaches
  • Support on CMG and Pre CMG-presentations for the SCB SL Group
  • Support on all the works conducted on resolving Barriers to resolution

Projects & Process Improvement Initiatives

  • Development of the Recovery and Resolution Plan and reporting
  • Development of Full Country/SG Group Compliance on RRP matters
  • Establish TOM with Treasury RRP OCIR and Other Group/Country Stakeholders
  • Develop MIS capabilities for RRP compliance and submissions
  • The overall success of any RRP project implementation or enhancements

People and Talent

  • Train and develop junior team members ensuring that everyone achieves their potential and that the team delivers its collective agenda.
  • Lead self through example and build the appropriate culture and values.
  • Provide objective feedback to team members and peers for their ongoing development.


  • Awareness and understanding of the regulatory framework in which the Bank operates, and the regulatory requirements and expectations relevant to the role.

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.
  • Lead self to ensure that the Balance Sheet Management team achieves the outcomes set out in the Bank’s Conduct Principles: Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.
  • Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct, and compliance matters.

Key stakeholders

  • Relevant Country/Regional data providers- from all business, functions, and material entities
  • Group teams- OCIR and other providers of data and information
  • Treasury RRP- for all group matters relating to RRP regime
  • Country and Regional BSM team- for relevant inputs, Governance through ALCO’s, stress tests, and Crisis MI
  • Compliance – For any regulatory matters

Other Responsibilities

  • Embed Here for good and Group’s brand and values in Finance.
  • Perform other responsibilities assigned under Finance to support the Bank’s activities.
  • Provide cover for staff members in the department in their absence.

Our Ideal Candidate

  • 6+years of relevant experience, preferably a qualified accountant in the
  • Banking/Financial Services sector with strong experience in Balance sheet management.
  • Finance/Accounting/ Business related University Degree, OR ACCA/CFA/CPA qualification

Role-Specific Technical Competencies

  • Strong knowledge of recovery and resolution regulations is preferred
  • Build trustworthy relationships with a wide variety of stakeholders across the Bank and Group
  • Good understanding of a multinational bank and ability to summarise into the Recovery and Resolution reports.
  • A proven track record of commitment, quality delivery, and value add.
  • Resilient, self driven with well-developed communication and interpersonal skills
  • Knowledge of organisation

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 well-being.

  • 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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

For further information, and to apply, please visit our website via the “Apply” button below.

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