Standard  Chartered  Bank

Senior Manager, Liquidity Risk Review

30 Nov 2020
07 Dec 2020
Standard Chartered
Approved employers
Approved employer
Job role
Contract type
Full time
Experience level
About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

  • Contribute to the Liquidity Risk Review team to provide assurance that the liquidity management decisions result in prudent and robust balance sheets in the Group's largest presence countries.
Risk Management
  • Assist the Head of Liquidity Risk Review to plan and execute individual liquidity risk, Interest Rate Risk in the Banking Book ("IRRBB") and capital review projects.
  • Assist the Head of Liquidity Risk Review to prepare reports for GALCO and other committees
  • Contribute to the Liquidity Risk Review team to deliver the following:
  • Undertake detailed reviews of liquidity risk, IRRBB and capital risk limits.
  • Provide independent assessments of regular reviews on liquidity, IRRBB and capital limit changes across the largest presence countries' balance sheets as well as a summary of any issues highlighted by the Operational Risk Frameworks.
  • Review balance sheets based on existing liquidity, IRRBB and capital reports and available data. Review the composition of the largest presence countries' balance sheets and assess their resilience to stress. Focus will be on the largest and /or most volatile constituents of the balance sheet and in particular their impact on resilience to stress and refinance risk. Business plans and budgets will be reviewed for their impact on balance sheet risk and the balance between realistic liability gathering and asset funding.
  • Conduct interviews with the main local balance sheet stake holders including but not limited to Treasury-Capital, Treasury-Markets, Treasury-Liquidity, Treasury-Risk, country finance, CRO, CFO, CEO and relevant business heads in Transaction Banking, Retail Banking, Financial Markets.
  • Review and assess liquidity risk, IRRBB and capital policies and procedures are appropriate and up to date based on the internal structure and external environment.
  • Review liquidity risk, IRRBB and capital models and assess whether the assumptions are appropriate.
  • Maintain and develop personal risk capabilities and skills to meet ongoing needs and plans.
  • Contribute to effective management of the operational risks within the Liquidity Risk Review team and compliance with applicable internal policies, and external laws and regulations.
  • Continuously to make improvements on the operational efficiency and effectiveness processes of the Liquidity Risk Review team's risk management processes.
  • Ensure that work undertaken is delivered to the highest standards and within agreed budgets each year.
  • Assist the Head of Liquidity Risk Review to maintain work programmes which reflect the current business organisation and operating environment.
  • Identify and escalate significant issues to the Head of Liquidity Risk Review.
  • Assist the Head of Liquidity Risk Review to develop and implement a risk assessment process to provide the requisite measure of liquidity risk, IRRBB and capital risk assurance across the business entities requested by GALCO.
  • Contribute in arranging the logistics of individual liquidity risk review projects.
People and Talent
  • Where guest reviewers are employed by the Liquidity Risk Review team, assist the guest reviewers and provide technical coaching if necessary.
  • Provide guidance and help the development of colleagues in the Liquidity Risk Review team.
  • Lead through example and demonstrate the appropriate culture and values within the function and across the wider organisation.
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.
  • Contribute to the Liquidity Risk Review team to achieve 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.
  • Assist the Team Leader of the Liquidity Risk Review in meeting preparation with the UK's Prudential Regulation Authority, Monetary Authority of Singapore, Hong Kong Monetary Authority, US Federal Reserve, Reserve Bank of India, China Banking Regulatory Commission, Korea's Financial Supervisory Service, Dubai Financial Services Authority.
Key Stakeholders
  • ALCOs of the largest presence countries
  • Treasury (including Treasury-Markets, Treasury-Liquidity, Treasury-Risk, Treasury-Balance Sheet Optimisation)
  • Group Head of Operational Risk
  • Regional & Country CEOs
  • Regional and Country CFOs
  • Regional and Country CROs
  • Relevant business heads in Transaction Banking, Retail Banking and Financial Markets
  • Regulators (at Group & Country level)
Other Responsibilities
  • Embed Here for good and Group's brand and values in the Liquidity Risk Review team.
  • Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
  • Multiple functions

Our Ideal Candidate

Market Knowledge: Experience at management levels in the banking industry, including demonstrated success in a similar role.

Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to liquidity risk, IRRBB and capital.

Technical Skills:
  • Experienced professional in the liquidity risk, IRRBB and capital areas.
  • Experienced in liquidity risk, IRRBB and capital modelling and assumptions.
  • Understand the Bank's infrastructure and reporting for liquidity risk, IRRBB and capital.
  • Understand the operational risk related to liquidity risk, IRRBB and capital.
Non-technical Skills: Good relationship management skills in a geographically diverse environment and with key external stakeholders, high credibility with counterparts in the business, demonstrated understanding of and commitment to the Group's core values, excellent communication skills, proven ability to drive a change agenda.

Role specific trainings which are mandatory & developmental: Risk Management Framework

Other trainings as deemed mandatory by the Bank and updated on a periodic basis

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.

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