Recruiter at Alp Consulting Ltd
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DM/M/SM - Stress Testing - BFSI (5-12 yrs)
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.
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