Manager Governance

Standard Chartered · Banking & Financial Services

Chennai, India
On-site
Posted yesterday
Data & AI

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About the job

Job Summary

Purpose

The role holder will be a part of the stress testing hub team.

Enterprise stress testing comprises the stress tests required by the Group, regions, country and risk management teams, and other senior stakeholders as required to inform Risk Appetite and the stress tests required by the Bank’s regulators.

The team has responsibility for the execution of the Bank’s stress test exercises internally and to external regulators. It is also the centre of excellence for all strategic changes and operational controls, compliance attestation and policy setting for stress testing in the enterprise. As such, this individual will be working as part of a cohesive “strategy and execution” function. The team sets and runs the production schedule for stress testing.

The intent of the hub is to primarily run central workstream production tasks and sub-tasks during the running of each stress test exercise utilising ITO (Group IT) supported technology and produce management reporting on the same.

Job Description

We are seeking a skilled and detail-oriented Risk Data & Reporting Analyst to support our organization’s compliance with BCBS principles. This role will be responsible for enhancing risk data aggregation capabilities and ensuring consistent, accurate, and timely risk reporting in line with regulatory expectations.

Enterprise stress testing comprises the stress tests required by the Prudential Regulation Authority (ICAAP stress test, Bank of England’s annual concurrent stress test, Recovery Plan stress test and Reverse stress test) and the stress tests required by the management and Board to inform Risk Appetite. Country stress tests are performed for regulators like the Hong Kong Monetary Authority (HKMA) and Monetary Authority of Singapore (MAS)

The role reports to the Head of Stress Testing Governance and sits within the Enterprise Stress Testing team in Financial Planning & Analysis, which drives all enterprise stress testing initiatives in collaboration with teams across the Risk Function and in Group Finance, Group Treasury and the business.

Key Responsibilities

The role holder will ensure compliance with governance and regulatory requirements.

Specifically, the key responsibilities would include:

Maintain and enhance the Enterprise Stress Testing (EST) governance framework, policies, standards, and procedures.

Ensure stress testing processes remain aligned with regulatory requirements and internal governance expectations.

Coordinate periodic reviews and updates of stress testing standards, guidance, and governance documentation.

Monitor compliance with policy requirements and track any exceptions or deviations.

Manage governance forums such as the Stress Testing Forum (STF) and Group Stress Test Forum (GSTF).

Schedule meetings, prepare papers, agendas, and minutes.

Track actions, decisions, approvals, and escalations arising from governance forums.

Coordinate submissions for exercises such as ICAAP, BCST, Reverse Stress Testing (RST), Recovery Planning Stress Testing (RPST), VIR and regulatory stress tests.

Manage regulatory queries, findings, and feedback.

Coordinate responses to Internal Audit, External Audit, and Regulatory findings.

Track management action plans (MAPs) and remediation activities through closure.

Own and maintain the RCSA, control library, metrics, and risk assessments for the stress testing process.

Ensure key controls are documented, tested, and operating effectively.

Oversee governance of issues, incidents, control deficiencies, and remediation plans.

Drive continuous improvement of the control environment.

Maintain governance records, standards, operating procedures, and evidence repositories.

Capture lessons learned from each stress testing cycle.

Drive process simplification, automation, and governance enhancements.

Promote best practices across Group and Country stress testing activities

Risk Management

Ensure effective identification, assessment, monitoring, and mitigation of risks associated with stress testing and governance activities.

Maintain compliance with applicable risk management frameworks, policies, and regulatory requirements.

Support Risk and Control Self-Assessments (RCSAs), control effectiveness reviews, issue remediation, and audit activities.

Escalate emerging risks, control deficiencies, and regulatory concerns to appropriate governance forums.

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.

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

Key stakeholders

Stress Testing Team

Key Risk colleagues

Business leadership

Key operations and technology partners / vendors

Global Process Owner - Stress Testing

Global Head, Stress Testing & Analytics

Skills and Experience

Strong understanding of risk management, governance, regulatory, and control frameworks.

Experience in stress testing, ICAAP, RCSA, audit, regulatory compliance, or related risk management activities.

Excellent analytical and problem-solving skills, with the ability to interpret complex requirements and assess associated risks

Strong stakeholder management skills, with the ability to engage effectively across business, risk, finance, and regulatory functions.

Excellent written and verbal communication skills, including the ability to prepare reports and presentations for senior management and regulators.

Proficiency in Microsoft Office applications, particularly Excel, PowerPoint, and Word.

Ability to work independently while also collaborating effectively within a team environment

Qualifications

The ideal candidate should possess the following:

Bachelor’s degree in finance, Economics, Accounting, Risk Management, Business Administration, or a related discipline. A postgraduate qualification or relevant professional certification would be advantageous.

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and we can't wait to see the talents you can bring us.

Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

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

Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.

Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.

Time-off including annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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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