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24/05 Ruchika Joshi
Recruiter at Alp Consulting Ltd

Views:94 Applications:12 Rec. Actions:Recruiter Actions:11

DM/M/SM - Stress Testing - BFSI (5-12 yrs)

Bangalore Job Code: 1264738

Organisation - Leading Consulting firm

Designation- DM/M/SM - Stress Testing

Location- Bangalore

CTC- upto 35 LPA

Key Responsibilities:

The role holder is responsible for the following in undertaking the role:

1. Deliver on the Finance & Credit Risk requirements for the Enterprise-wide Stress Testing (EST) exercises.

2. Carry out the EST stress testing analytics work.

3. Ensure compliance to EST procedures, methodologies and controls.

4. Manage all governance related aspects of the execution of Finance & credit risk stress testing.

5. Drive process improvements and best practices for more efficiency and productivity.

6. Lead and manage the support staff necessary for the production of Finance & credit risk stress calculation with a focus on the banking book & capital/liquidity calculation.

7. Support development and maintenance of underlying models to enhance Finance & credit risk stress testing methodology.

8. Deliver adequate documentation on stress testing methodology subject to management, model validation, audit & regulatory scrutiny.

9. Deliver on the operational risk framework for the Finance & credit risk stress test process.

Theme -

Stress Testing preparation

Activities -

- Preparation work before stress projection in SBAP - prepare the kick-off pack and coordinate the set up for the kick-off meeting.

Theme -

- To reconciliation

Activities -

- Perform reconciliation against financials; and resolve discrepancies with the Data team.

- Review the data mapping at different granularity (e.g. product, currency, country etc.) for reasonableness.

- Work with Group data team to manage down the size of the edge cases - Adjust for gaps not included in the numbers provided by data team.

Theme-

- Stress Testing model execution

Activities-

- Execute the models from end-to-end, from and input preparation to output checking for reasonableness at high level

- Prepare the T0 which are not provided by data team. The data will be sourced from Reg return / financial statements

- Prepare the scalars for input tables and fine-tune the results in subsequent model runs Execute the full model run, prepare the mapping for the financial summary by linking it to model output for review

- Check with teams who conduct external projections (e.g. traded risk), collect & use the EM tables

Theme-

- R&C deck preparation

Activities-

- Provide support to prepare for the R&C deck

Theme-

- Documentation

Activities-

- Coordinate the completion of the ICAAP document

- Group ICAAP Pro forma and Country template

- Compare with last year's templates and highlight the changes

- Populate the draft Country template using the SBAP data + data from financial summary for review

- Coordinate the completion of the document, provide regular status update

Theme-

- Data / template population

Activities-

- Populate the template by linking to model output & financial summary for Review

Theme-

- Gap analysis

Activities-

- Coordinate the completion of the SPM gap analysis

- Compare any changes to the regulatory instruction from the HKMA, document the changes, if any

- Coordinate the gap analysis exercise with all workstreams

- Collect the gap analysis of each section from corresponding workstreams

Processes:

1. The role holder will need to support the establishment and documentation of all processes and effective controls for the new hub in accordance with the broader stress testing team.

People and Talent:

1. The role holder will need to support development and stabilisation a newly formed team, working across geographies

Risk Management:

1. Ensure all activity adheres to the Enterprise Risk Management Framework, relevant policies and standards, with a specific focus on ensuring an effective framework for the management of operational risks as they pertain to the role.

Governance:

1. Demonstrate an awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role.

2. Deliver 'effective governance'; capability to challenge colleagues effectively, or escalate appropriately; and willingness to work in an open and cooperative manner with all.

Regulatory & Business Conduct:

1. Display exemplary conduct and live by the Group's Values and Code of Conduct.

2. 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.

3. Lead the 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.

4. Effectively and collaboratively identify, escalate, mitigate, and resolve risk, conduct and compliance matters.

Key Stakeholders:

1. Stress Testing Team

2. Enterprise Risk Management members

3. Key Finance & Risk colleagues

4. Business leadership

5. Stress Testing Transformation Programme Team

6. Key operations and technology partners / vendors

Other Responsibilities:

As delegated by line management from time to time.

This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.

Women-friendly workplace:

Maternity and Paternity Benefits

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