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<div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Job Summary</b></H2> </div><div><p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;color:black">The Economics team is responsible for generating and/or rolling over the country-level and bank group-level economic stress scenarios which acts as an important input into the broader stress testing engines. </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;color:black">The candidate </span><span style="font-size:10.0pt;line-height:107%">must have an understanding of basic<span style="color:black"> economic concepts such as </span>GDP <span style="color:black">growth, interest rates, </span>inflation<span style="color:black"> and </span>unemployment rate, and should be comfortable using Excel </span><span style="font-size:10.0pt;line-height:107%">to organise, review and respond to simple data requests.<span style="color:black"> </span>Any prior experience in governance, documentation, audit support, model risk, stress testing or related banking processes would be helpful.</span></p> <p><span style="font-size:10.0pt;line-height:107%;font-family:Calibri, sans-serif;color:black">The ideal experience required is </span><span style="font-size:10.0pt;line-height:107%;font-family:Calibri, sans-serif">1-2<span style="color:black"> years in </span>economic model governance and audit <span style="color:black">related fields</span></span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;color:black">The role holder will be a part of the Economics team (Scenario Design) within the Stress Testing hub in Bangalore. The Economics team is involved in designing, maintaining and enriching stress scenarios for the Bank group, country-level stress tests, regulatory stress exercises and internal management scenarios. The team also maintains and develops the baseline scenario every quarter. 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 stress testing hub is also the centre of excellence for all strategic changes and operational controls, compliance attestation and policy setting for stress testing in the enterprise. </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;color:black"><span style="font-size:10.0pt;line-height:107%">The role also requires m<span style="color:black">aintain</span>ing<span style="color:black"> and </span>the regular update of <span style="color:black">process documentation, model documentation, control descriptions and standard operating procedures to ensure they accurately reflect the current IFRS9 Baseline process.</span> C<span style="color:black">ompliance with applicable operational risk, model governance and control framework requirements</span> has to be ensured<span style="color:black">, including maintenance of supporting evidence.</span> This includes working with workstream leads, model owners, support functions and stakeholders to coordinate responses, clarify requirements and ensure consistent communication</span></span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Key Responsibilities</b></H2> </div><div><p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%">Other responsibilities would include a<span style="color:black">ssist</span>ing<span style="color:black"> with data requests by sourcing, organising and validating information from approved repositories</span> and a<span style="color:black">pply</span>ing<span style="color:black"> a basic understanding of economic concepts to interpret macroeconomic variables used in the IFRS9 Baseline process </span>to<span style="color:black"> support clear documentation of related assumptions and inputs.</span></span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;color:black">The role holder is responsible for the following in undertaking the role:</span></p> <p style="margin:0.0in 0.0in 0.0in 0.0px;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif;text-indent:24.0px"><span style="font-size:10.0pt;font-family:'Calibri Light', sans-serif;color:black">Deliver on the governance requirements for the IFRS9 Baseline process.</span></p> <p style="margin:0.0in 0.0in 0.0in 0.0px;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif;text-indent:24.0px"><span style="font-size:10.0pt;font-family:'Calibri Light', sans-serif;color:black">Ensure compliance to Stress Testing procedures, methodologies, and controls.</span></p> <p style="margin:0.0in 0.0in 0.0in 0.0px;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif;text-indent:24.0px"><span style="font-size:10.0pt;font-family:'Calibri Light', sans-serif;color:black">Manage any governance related aspects of the execution of scenario building</span></p> <p style="margin:0.0in 0.0in 0.0in 0.0px;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif;text-indent:24.0px"><span style="font-size:10.0pt;font-family:'Calibri Light', sans-serif;color:black">Deliver adequate documentation on baseline methodology subject to management, model validation, audit & regulatory scrutiny.</span></p> <p style="margin:0.0in 0.0in 0.0in 0.0px;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif;text-indent:24.0px"><span style="font-size:10.0pt;font-family:'Calibri Light', sans-serif;color:black">Deliver on the operational risk framework for the IFRS9 process</span></p> <p style="margin:0.0in 0.0in 0.0in 0.0px;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif;text-indent:24.0px"><span style="font-size:10.0pt;font-family:'Calibri Light', sans-serif;color:black">Work towards building governance efficiency around the baseline process</span></p> <p style="margin:0.0in 0.0in 0.0in 0.0px;line-height:normal;font-size:11.0pt;font-family:Calibri, sans-serif;text-indent:24.0px"> </p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%"><span style="font-size:10.0pt;line-height:107%;font-family:Calibri, sans-serif;color:black">The candidate is expected t</span><span style="font-size:10.0pt;line-height:107%;font-family:Calibri, sans-serif">o help<span style="color:black"> </span>with </span><span style="font-size:10.0pt;line-height:107%;font-family:Calibri, sans-serif;color:black">maintaining governance routines</span><span style="font-size:10.0pt;line-height:107%;font-family:Calibri, sans-serif"> <span style="color:black">in the IFRS9 Baseline </span>process <span style="color:black">and assist with internal and external audit requirements by collating evidence, responding to simple queries, maintaining audit trails and supporting timely closure of audit-related actions</span></span></span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"></H2> </div><div><p><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Business</span></strong><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Stress Testing Economics, as part of Stress Testing Department (GCFO), is an independent group function responsible for projecting macroeconomic and climate risk scenarios across various macroeconomic and climate variables for downstream consumption by stress testing teams. The function plays a critical role in strategic business, regulatory and infrastructure initiatives which forms the Bank’s future.</span></p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• <strong>Internal Stress Tests</strong>: Internal Capital Adequacy Assessment Process (ICAAP), Management Stress Tests (MST) etc.</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• <strong> Regulatory Stress Test</strong>s: HKMA SDST, MAS Stress Test, BOE Stress Test, BOT Stress Test, Reverse Stress Tests etc.</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• <strong>Climate Risk Stress Tests</strong>: A new area of analysis focussing on the impact of climate change on Banking industry</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• <strong> Driving ‘Digitisation'</strong>: Responsible for designing, prototyping, and implementing strategic change initiatives to increase business efficiency of stress testing processes.</span></p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">The unit is Performance Driven with an aptitude to meet the expectations of Senior Management & Regulators by living the values of the organization in Doing the Right Thing and Better Together. The Never Settle attitude makes this unit unique in its approach to always be a Future-Fit organization</span></p> <p><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Risk Management</span></strong><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Ensure all activity adheres to the Enterprise Risk Management Framework, relevant policies and standards, with a specific focus on ensuring an effective framework for the management of operational risks as they pertain to the role. </span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"></H2> </div><div><p><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Regulatory & Business Conduct</span></strong><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Display exemplary conduct and live by the Group’s Values and Code of Conduct. </span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• 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.</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.</span></p> <p><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Key stakeholders</span></strong></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;font-family:Arial, sans-serif">• Scenario design 2nd Line of Defense (2LOD) team in London</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;font-family:Arial, sans-serif">• Stress Testing Team</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;font-family:Arial, sans-serif">• Enterprise Risk Management members</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;font-family:Arial, sans-serif">• Key Risk colleagues</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;font-family:Arial, sans-serif">• Business leadership</span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;font-family:Arial, sans-serif">• Stress testing and Risk IT teams </span></p> <p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-size:10.0pt;line-height:107%;font-family:Arial, sans-serif">• Key operations and technology partners / vendors</span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Skills and Experience</b></H2> </div><div><p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Financial Analysis</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• External Reporting</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Effective Communications</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Project Management</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Process Management</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Exceptional written / verbal communication skills – In this role you are expected to communicate with stakeholders across different levels of seniority.</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Flexible and adaptable; able to work in ambiguous situations independently.</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Display a methodical & meticulous approach to problem solving and root cause analysis </span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Be a team player and able to work collaboratively with others</span></p> <p><strong><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">Desired skills</span></strong></p> <p><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Knowledge of Python or equivalent software packages for data analysis</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Knowledge of data visualization tools like Tableau / Power BI</span><br><span style="font-family:arial, helvetica, sans-serif;font-size:10.0pt">• Knowledge of IFRS9 Regulation</span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Qualifications</b></H2> </div><div><p style="margin:0.0in 0.0in 8.0pt;line-height:107%;font-size:11.0pt;font-family:Calibri, sans-serif"><span style="font-family:Arial, sans-serif">Preferably from Economics Bachelors/Masters background from a reputed university. Any certifications in data management or advanced excel is an added benefit. </span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>About Standard Chartered</b></H2> </div><div><p>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.</p> <p>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.</p> <p>Together we:</p> <ul> <li><b>Do the right thing</b> and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do</li> <li><b>Never settle,</b> continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well</li> <li><b>Are better together,</b> we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>What we offer</b></H2> </div><div><p><b>In line with our Fair Pay Charter,</b> we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.</p> <ul> <li><b>Core bank funding for retirement savings, medical and life insurance,</b> with flexible and voluntary benefits available in some locations.</li> <li><b>Time-off</b> 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.</li> <li><b>Flexible working</b> options based around home and office locations, with flexible working patterns.</li> <li><b>Proactive wellbeing support</b> 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</li> <li><b>A continuous learning culture</b> to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.</li> <li><b>Being part of an inclusive and values driven organisation,</b> one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.</li> </ul></div></div></div>

Analyst Stress Testing (Bangalore, IN)