Standard  Chartered  Bank

Credit and Market Risk Lead Business Analyst

Singapore, Singapore
Competitive salary
07 May 2021
11 May 2021
Approved employers
Approved employer
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

To address obsolescence risk, Razor programme is looking to deliver Murex 3.1 to several locations in 2021.

The Risk and Compliance KTLO team is responsible for defining and driving discretionary and regulatory changes across various Compliance/Risk processes/systems.

The team plays a pivotal role in providing simple solutions, delivering quality service and realising resource and budget efficiencies.

A key requirement for this position is to represent the Counterparty Credit and Market Risk functions as a SPOC in this programme and to ensure that all Risk requirements are addressed and delivered as part of the overall FM Razor programme in 2021.

Key responsibilities
  • Undertake the role of a change agent to identify need for process improvements in the current Risk measurement and reporting process, provide solutions and oversee implementation via the RAZOR Programme
  • Work in conjunction with various Murex and Risk technology teams on solutioning, testing and implementation of MX3.1 for Market risk
  • Writing/updating Business Requirement Documents clearly and unambiguously translating the agreement reached with the business with respect to the expected functionalities.
  • Lead the testing effort through test case articulation, planning logistics, oversee UAT, track bug fixes and ensure Sign off
  • Oversee the migration process from FEDS to Murex 3 and subsequent IMA approval for the trading books
  • Manage dependencies across multiple programs allied to RAZOR deliveries
  • Provide necessary support and training to the various users during the UAT phases and post go-live as well.

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 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.

Key Stakeholders

  • Technology Partners from risk
  • Traded Risk Management
  • Risk data teams
  • PMO
  • Credit/Market Risk Model teams
  • Model Validation Team

Our Ideal Candidate

Key requirements:
  • A fundamental understanding of Financial Markets and linear products (FX, MM)
  • A basic understanding of risk metrics (Market and Credit risk)
  • The following are value added to the role:
    • Ability to code in VBA (for testing automation)
    • Prior knowledge of Murex (2.11 or 3)
  • Prior exposure to IMA applications or EBA RTS guidelines.
  • High level knowledge of project management is preferred
  • An execution driven focus to meet aggressive timelines and work on multiple streams in parallel
  • Comfortable in working with multiple stakeholders' teams and functions.
  • Strong communication skills, ability to tailor messages to the audience and influence stakeholders.

Experience & Skills:
  • Prior experience in managing trade migration projects from a risk perspective.
  • Ability to manage senior stakeholders and run the BOW prioritization meetings
  • Experience in agile project methodologies as product owner
  • Good communication skills (both verbal and written).
  • Ability to identify stakeholders and ensure appropriate engagement.
  • Degree in Finance, Accounting or Risk Management is preferred
  • Proven track-record of managing and delivering change in a Regulatory project environment
  • Excellent stakeholder management experience across multiple streams - business users, technology, data
  • Ability to present complex information in a succinct manner to senior management
  • Ability and experience of managing delivery in an Agile project environment
  • Strong analytical and conceptualisation skills, with a view to adopting or establishing industry best practices
  • Focused and organised, with ability to prioritise and deliver effectively

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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