Head Recovery and Resolution Planning, Singapore and %26 ASEAN Markets

Head Recovery and Resolution Planning, Singapore and %26 ASEAN Markets

Standard Chartered
Not Specified
Not Specified

Job Description



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 withminimum 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.

The Role Responsibilities

The job holder is responsible for the following at Standard Chartered Bank:

  • Part of the wider Country and Regional Treasury team leading the management of the bank&rsquos recovery and resolution planning activities for the region.

  • To Plan, implement with analysis and impact of different regulatory regimes and regulation changes on the Recovery and Resolution reporting and provide insights on implications for the franchise

  • To Prepare, present and implement for regulatory deliverables around Recovery and Resolution reporting where required for the Country, the Region and the Group.


Key Responsibilities:
Recovery Plan

  • Interpret the regulatory requirements from the local, Regional and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions

  • Construct of the Country recovery plan for the SG entities and the SG sub-Group in compliance with local/Regional regulations and Group policies and procedures

  • Recalibration of Recovery indicators in compliance with the Relevant policies and procedures and preparation of Country and Regional stress dashboard with relevant thresholds/ scalars and approvals

  • Conduct scenario analysis for inclusion in the Regulatory submissions as per the local/group regulatory requirements

  • Lead and drive for a full-blown fire drill in line with the Regulatory requirements with the relevant inputs/crisis MI

  • Engage relevant stakeholders for data inputs and governance reviews- end to end

  • Lead engagement with the MAS and other relevant regulators

  • Roll out of ORF for the RCP global processes


Resolution Information pack

  • Interpret the regulatory requirements from the local, Regional and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions

  • Understand and initiate Determination of approaches to determine the various critical components for Material entities, Critical shared services, Critical functions etc

  • Detailed and granular level of data collation through wide stakeholder engagement from across the Bank, business functions and related entities (Including OCIR)

  • Regular Engagement with the Group and SG senior management across function driving support and governance around the regulatory submission

  • Lead engagement with the MAS on specific queries and driving the conversations on approaches and results of the approaches

  • Prepare and develop CMG and Pre CMG-presentations for the SCB SL Group

  • Lead on all the works conducted on resolving Barriers to resolution


Strategy


  • Development of the Recovery and Resolution Plan and reporting

  • Development of Full Country/SG Group Compliance on RRP matters

  • Establish TOM with Treasury RRP and OCIR and Other Group/Country Stakeholders

  • Develop MIS capabilities for RRP compliance and submissions

  • Overall success of any RRP project implementation or enhancements


People and Talent

  • Developing people to meet both their career goals and the organisation&rsquos goals.

  • Providing direction, delegating and removing obstacles to get work done.

  • Employ, engage and retain high quality people, with succession planning for critical roles


Risk Management

  • Interpret the regulatory requirements from the local, Regional and Group Regulators and perform detailed gap analysis and the relevant impact on the submissions

  • Roll out of ORF for the RCP global processes

  • Understand and initiate Determination of approaches to determine the various critical components for Material entities, Critical shared services, Critical functions etc


Governance

  • Area of control encompasses Recovery and Resolution Planning related process enhancement/implementation and compliance with regulatory requirements with respect to RRP


Regulatory & Business Conduct

  • Display exemplary conduct and live by the Group&rsquos 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.

  • Lead the RRP Team to achieve the outcomes set out in the Bank&rsquos Conduct Principles: Fair Outcomes for Clients Effective Financial Markets Financial Crime ComplianceThe Right Environment.

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


Key Stakeholders

  • Relevant Country/Regional data providers- from all business, functions and material entities

  • Group teams- OCIR and other providers of data and information

  • Treasury RRP- for all group matters relating to RRP regime

  • Country and Regional BSM team- for relevant inputs, Governance through ALCO&rsquos, stress tests and Crisis MI

  • Compliance For any regulatory matters

  • Regulators MAS



Our Ideal Candidate


  • 10+ years of finance/treasury related work experience in the banking sector.

  • Strong understanding of the broader banking environment and the associated business challenges developed through experience in the industry.

  • Knowledge of Singapore&rsquos regulatory environment and requirements, as well as knowledge of regulatory requirements in other key Group markets such as the UK.

  • Sound understanding of balance sheet management, oversight and control frameworks.

  • Strong leadership qualities, excellent interpersonal, influencing and stakeholder management skills.

  • Strong sense of integrity and financial independence with an ability to challenge where deemed necessary.

  • Excellent communication skills, written and verbal, given the need to deliver consistent and compelling messages to internal and external stakeholders.

  • High level of resilience and maturity to operate in a result driven and fast moving environment.

  • Experience with regulatory engagement (MAS)

  • Academic degree from a well-recognised institution.



Role Specific Technical Competencies


  • Strong knowledge of the Recovery and resolution regulations and regimes across the industry is preferred

  • Built trustworthy relationship with a wide variety of stakeholders across the Bank and other group entities

  • Good understanding of an FI (multinational Bank) infrastructure, Products and services and ability to summarize into the Recovery and Regulatory Resolution packs submissions

  • A Proven track record of commitment, quality delivery and value add

  • Should be conversant with MI tools

  • Should be a resilient, self-driven with well-developed communication & inter-personal skills



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Job Source : scb.taleo.net

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