Job Summary

• Perform second line review and challenge for Traded Market Risk covering Macro Trading and Treasury Markets businesses with particular focus on Rates trading desk in Africa & Middle East (AME region).

Responsibilities

Risk Management

• Review and analyse key exposures, limits and their utilization and highlight position concentration in the portfolio and flag downside risks if any under prevailing market conditions as well as stressed market conditions.
• Assist in resolution of Traded Market Risk limits issues (applications and excesses). This includes monitoring the applicability of the limits and implementation of policies and procedures to the local context in Africa & Middle East (AME) region.
• Ensure all market risk activities, emerging risk scenarios are identified and monitored on a timely basis. This includes timely investigation and reporting of limit excesses and follow up of its review / approval by the Regional/Group office.
• Ensure compliance with the Group Stress testing framework and review and update stress scenarios narrative and stress shocks periodically and on an ad hoc basis.
• Assist in the preparation of portfolio review documents and prepare regular risk summaries for senior management in TRM
• Provide risk / market analysis on key markets for daily/weekly/monthly risk updates (highlight key risk issues where appropriate) and provide ad hoc analysis as required on an event basis.
• Support Group and Country market risk capital reporting.
• Review of Value-at-Risk (VaR) timeseries and ensure market data quality is maintained.
• Assist in documentation of VaR backtesting breaches and perform regular risk and Profit&Loss (PL) attribution.
• Maintain a good understanding of the requirements of the Group\'s and Country\xe2\x80\x99s key external stakeholders in respect of Market risk management and ensure these are well understood internally and reflected in internal procedures
• Analyse and present trade and limit requests to the senior management. Ensure that risk decisions are transparent with well supported rationale.
• Participate in ad hoc projects and requests (e.g as required by senior management and other functions).
• Maintain appropriate relationships and represent SCB with regulators and liaise with internal / external auditors.
• Maintain relationship with local business units to provide market risk support.
• Implement sound controls and consistent processes.
• Assist in reviewing limit framework on semi-annual and ad hoc basis.
• UAT testing of new systems and risk reports.
• Help with reviews of product programmes and country addenda.

Governance

• Ensure compliance with internal policies, procedures, Country/Group ICAAP requirements, Codes, and applicable external laws and regulations.
• Align the Country\'s Market risk management approach to the Risk Management Framework.

Regulatory & Business Conduct

• Display exemplary conduct and live by the

. * 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.

• Ensure Traded Market Risk team achieves the outcomes set out in the Bank\xe2\x80\x99s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.]
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key stakeholders

Internal:

• Head, Market Risk, RATES
• Country Chief Risk Officers, AME region
• Business and Product Heads
• Front Office Trading and Treasury desks
• Product Control and Valuation Control functions
• Country Finance
• Group Internal Audit
• Group Enterprise Risk
• Group Operational Risk
• Group Compliance

External:

• Key local regulators in the region
• The Group\xe2\x80\x99s external auditors

Our Ideal Candidate

• University degree in Finance or any quantitative subject (Science, Engineering).
• In-depth product knowledge of Financial Markets instruments (Foreign Exchange and Interest rate derivatives) including demonstrated success in a similar role. In-depth knowledge and technical skills related to Financial Markets, Market Risk, Operational Risk and Credit Risk.
• Experience in market risk management, risk reporting and capital reporting
• Sharp business acumen (including ability to assess risk and appropriate levels of return), strong leadership qualities, excellent interpersonal skills and multi-cultural awareness and sensitivity.
• Demonstrated track record in successful management and ability to manage risk in geographically dispersed and highly varied product base.
• Results oriented, with demonstrable experience in driving complex change management initiatives.
• Problem solver and takes ownership of assigned tasks and can manage projects to final delivery.
• Relevant relationship management experience - with corporate customers at the most senior levels and regulators.
• Experience with the Bank\xe2\x80\x99s Trade Processing systems such as, Murex, FEDS, and Sabre would be advantageous.
• Proficient in Microsoft Excel, Excel VBA, Active Pivot and Access.
• Flexible working hours as will be required to cover AME countries from the regional hub working across Dubai/London timezones

Role Specific Technical Competencies

• Market risk Analysis
• Quantitative Analysis
• Qualitative Analysis

About Standard Chartered

We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, 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.

Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

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