Are you looking for a New Job or Looking for better opportunities?
We got a New Job Opening for
Full Details :
Company Name : Standard Chartered
Location : Chennai, Tamil Nadu
Position : AVP
Job Description : Job: Finance
Primary Location: Asia-India-Chennai
Schedule: Full-time
Employee Status: Permanent
Posting Date: 03/Oct/2021, 9:21:17 PM
Unposting Date: Ongoing
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
Job Purpose:
SCB is embarking on a firm-wide Programme to prepare for the implementation of Basel III Finalization (Basel IV) regulations as these are finalised and come into law though the expected update to the Capital Requirements Directive & Regulations. The main objectives of the Basel IV reforms are to reduce unwarranted variability in bank’s calculation of risk-weighted assets (RWA) and improve comparability of Capital Ratios. The finalized rules will come into effect starting 2023 broadly covering the following components:
Internal ratings-based approach for Credit Risk
Standardised approach for Credit Risk
CVA
Output floor
Operational Risk Framework
Market Risk (FRTB)
The Basel IV – Country Lead will primarily support the overall Basel IV delivery for specific National Discretions. Specifically:
Review & interpretation of Basel IV requirements for Country Risk
Collaboration and coordination with Global Credit Heads for Secured, WM, Unsecured and Business Bank on interpretation of BIV requirements and mapping various country products to BIV exposures.
Liaison with in-country SME’s to assess specific data requirements, provide support and assist in SME engagement for Countries when they are defining local reporting requirements
Provide inputs to regular communication updates with Countries to ensure decisions taken at the Programme level are syndicated with Countries to ensure Policies & Procedures are aligned to the Group where possible
Collaboration & coordination with countries and technology for data sourcing, implementation activities, UAT & Parallel Run.
Provide training and knowledge transfer to Countries on Basel IV implementation.
This role will:
Work collaboratively across functions and In-Country SME’s to ensure requirements are properly captured and articulated within appropriate Business Requirements artefacts
Actively engage with stakeholders (Risk, Finance, Treasury, CDO partners) to deliver appropriate solutions as per planned timelines
Support the analysis, development, and detailed documentation of Target Operating Model implementation for Country BIV.
Raise and escalate any identified risks, issues, dependencies, or actions that need to be tracked at a work stream and Programme level
This role requires strong project management, business analysis skills and an effective communication style to operate across a wide range of geographies and Stakeholders. Experience of working in a Risk or Finance function of a large Financial Institution as well as experience of a Global Programme roll out is desirable. Good working knowledge of the end to end processes and functions supporting Capital and RWA reporting would also be beneficial.
Responsibilities:
Business Methodology
To act as primary liaison for Country BIV engagement and communication
To ensure that the Country solutions proposed meet the needs of Countries Risk & Finance and if there is a shortfall that specific local requirements are identified, and an agreed delivery approach defined
Solution architecture
To validate that the strategic system architecture proposed by Technology takes Country requirements into consideration and is in line with the agreed business target state and catering to functional needs
To help drive Country Risk agenda and ensure appropriate prioritization is in place taking into consideration business benefits, delivery timelines, system performance etc.
To centrally coordinate with other Programme work stream Business Analysts and ensure that Country Risk requirements and dependencies on or to other functions are properly understood and agreed including but not limited to system interfaces, data dependencies, coordination of change releases
Communication and Change Management
Regular engagement within Country SME’s and CFO/CRO to ensure Countries are clear on Group Programme approach and any specific Risk Policies & Procedures are implemented
User Acceptance Testing/TOM Implementation
To support local Country involvement with testing
To centrally coordinate and monitor any gaps/bugs identified, and work with Technology counterparts to track progress and ensure resolution
To support development of Country Risk TOM documentation and support training of end users in Country
To support required Regulatory Parallel Run activities
Our Ideal Candidate
MBA Finance or Postgraduate in Finance
FRM, CFA certified, CSM Certified
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.
This post is listed Under Chennai jobs
Disclaimer : Localpublic.in works to publish latest job info only and is no where responsible for any errors. Users must Research on their own before joining any company