Director, Recovery & Resolution Planning, HK Hub (Hong Kong, Singapore)

Job Summary

• This role could be based in Hong Kong and Singapore. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.
• In view of the increasing demand and regulatory emphasis on Stress Testing (“ST”), and Recovery and Resolution Planning (“RRP”), an exciting opportunity has arisen to join the ST&RRP team in Treasury, HK Hub to handle various types of stress tests and resolution planning priorities for SCBHK.
• This role will form an integral part of the RRP & ST team, HK Hub, reporting to the Head of RRP & ST, HK Hub. The key responsibilities include:

Responsibilities

Strategy

• Manage the end-to-end annual recovery planning process and be responsible for delivery of the recovery plan submission to the HKMA.

Business

• Drive development of new management actions with business and function stakeholders. 
• Provide oversight to SMEs across resolution capabilities, i.e. non-financial barriers, and management, governance and communication barriers.

Processes

• Collaborate with various functions across the bank to construct qualitative and quantitative information for resolution core information submissions end-to-end and relevant ad-hoc requests as required to the HKMA. 
• Support maintenance of the Country Resolution Playbook, coordinate update of the country Annex with respective Resolution barrier owners. 
• Support co-ordination of the periodic Board simulation exercise.

People & Talent

• Coordinate and support as one of the key contact point on RRP matters, e.g. in addressing any key issues and/or risks to RRP.

Risk Management

• Perform the necessary assessment and maintain the required documentation for ERMF and input into Group’s resolvability assessments, i.e. Update relevant RRP polices, playbook activities for crisis management, etc.

Governance

• Prepare presentation slides and papers for regulatory bi-lateral engagement and various committees.

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.
• Achieve the outcomes set out in the Bank’s Conduct Principles.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
• Liaise with Group’s Treasury – Capital and RRP teams in terms of understanding group-wide RRP requirements (i.e. resolution assessment shortcomings, Group recovery planning developments, etc.) and provide update on local implementation in-flight status and upcoming local consultations and requirements (i.e. SPM / FIRO Code of Practice, etc.)

Key Stakeholders

• Business and Functions
• Group Treasury RRP
• Treasury Capital
• Treasury Liquidity Risk
• Stress Testing
• Treasury CRO

Other Responsibilities

• Embed Here for good and Group’s brand and values in the team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures; Multiple functions (double hats);

Qualification

• Degree holder (or equivalent) in Finance, Legal / Risk / Business-related discipline.
• A risk / legal / finance / corporate restructuring background with strong analytical skills experience.
• Excellent written and verbal communication skills with proven experience of communicating effectively at all levels.
• Strong interpersonal skills and ability to influence stakeholders.
• Strong articulation and experience with handling HKMA requirements.
• Highly organised and proven ability to work under pressure.
• Applicants possess with: (i) Basel / BCR knowledge, (ii) proven RRP experience, (iii) cross functional project experience and (iv) experience with engaging and communicating with regulators are definite advantages.

Role Specific Technical Competencies

• Capital Management
• Liquidity Management
• Financial Products & Markets
• Governance, Regulation and Risk Management – Corporate Governance
• Governance, Regulation and Risk Management – Regulatory Compliance
• Governance, Regulation and Risk Management – Risk and Control
• Effective communication
• Influencing through expertise
• Financial Analysis
• Finance and Accounting

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.

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