Director, Liquidity Risk & IRRBB
Full time
at Standard Chartered Bank
in
Hong Kong
Posted on May 8, 2024
Job details
Job Description - Director, Liquidity Risk & IRRBB (2400001328) Director, Liquidity Risk & IRRBB - ( 2400001328 )
Job
Job
: Audit, Accounting & FinancePrimary Location
Schedule
Schedule
: Full-timeEmployee Status
Employee Status
: PermanentPosting Date
Posting Date
: 25/Apr/2024, 2:37:45 AMUnposting Date
Unposting Date
: Ongoing The Role Responsibilities Job Role Member of the team to support liquidity risk and interest rate risk in banking book (“IRRBB”) activities in Hong Kong and Greater China North Asia (GCNA), including compliance with policies on both regulatory and internal, control frameworks, risk analytics, and exposures monitoring. Kay Responsibilities- Support senior management of liquidity risk / IRRBB activities in HK Hub, including compliance with policies, control frameworks setup, and exposures analysis.
- Implement methodology and assumptions for liquidity risk / IRRBB measurement aligning with group policies and country regulatory requirements.
- Deliver deep dive analysis to senior management and committees on liquidity risk / IRRBB arising from regulatory requirement and business initiatives.
- Be responsible for, or participate in projects / initiatives of various complexity, particularly those have impact on liquidity risk / IRRBB management framework and processes.
- Keep abreast of the regulatory development and ensure compliance.
- Ensure accurate reporting, timely monitoring of liquidity risk, IRRBB and issues identified are resolved in an appropriate and timely manner.
- Manage relationship with internal stakeholders and handle their queries.
- In depth understanding of the Group’s and local businesses and products and how they impact regulatory metrics, reporting and associated risk management controls.
- Expertise in relation to the regulatory Liquidity / IRRBB calculations, including current and future rules and regulations and how they apply to SCB.
- Expertise in systems and processes used to generate regulatory and internal metrics, particularly with experience in change projects focused process enhancements.
- Responsible for the strategy, execution, and delivery of assurance with regards to limit monitoring of regulatory and internal metrics. This includes prioritisation and delegation of activities to team members and liaising with stakeholders with Group, GFS and other teams as required.
- Responsible for providing subject matter advisory for any liquidity risk / IRRBB matters.
- Influence change in relation to the control strategy for the implementation of regulatory and internal metrics in Liquidity / IRRBB risk management framework.
- Identify control gaps in the end-to-end regulatory and internal reporting process within GLRR, Finance and GFS.
- Responsible for designing or amending suitable controls across the suite of regulatory and internal metrics.
- Assist team head in the implementation of Liquidity risk / IRRBB risk management framework.
- Utilising / improving data quality and operational risk where needed
- Monitoring, implementation and review of controls and issues that arise from the review / framework implementation activities.
- 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.
- Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
- Liaise with senior stakeholders in, SCB Businesses, Regulatory Policy, Treasury, Group Financial Reporting, Group Risk Functions, Country functions
- Potentially act as delegate for Head of Liquidity Risk and IRRBB.
- At least 8 years of banking experience with major banks of which more than 5 years’ in Liquidity risk / IRRBB.
- Good communication skills and able to deliver key messages to audience with expected feedback.
- Experience in product control, recovery and resolution, as well as regulatory reporting will be an advantage.
- Proficient in English and one Asian Language (Mandarin, Cantonese or Korean) preferred.
- Team player, self-motivated, energetic and action / result oriented.
- Good understanding of balance sheet management.
- Advanced MS Excel / PowerPoint skills.
- Risk Management and Control skill
- Liquidity Risk technical expertise
- Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
- Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
- Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
- Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
- Time-off including annual, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with with minimum global standards for annual and public holiday, which is combined to 30 days minimum
- Flexible working options based around home and office locations, with flexible working patterns
- Proactive wellbeing support through Unmind, a market-leading digital wellbeing platform, development courses for resilience and other human skills, global Employee Assistance Programme, sick leave, mental health first-aiders and all sorts of self-help toolkits
- A continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning
- Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.
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