Head of Traded Risk

Head of Traded Risk

Standard Chartered
Not Specified
Not Specified

Job Description

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
  • Develop proactive engagement with the business, Risk Committees in pursuit of balanced risk / return via discussions on mainly trading risk exposures and limits
  • Assist in maintaining and developing the Function's capabilities and skills to meet ongoing business growth, needs and plans
  • Ensure that risk decisions are transparent and supporting rationales are explained in a professional & courteous manner, especially when turning down proposals.
  • Identify and escalate new and emerging risks that could be material to the region. Recommend relevant governance to control these emerging risks to help the bank to avoid big loss.
  • Assist and design and oversee the implementation of relevant stress tests and scenario analysis for the entity
  • Forward looking, taking into consideration to external events which may be material to this region. Ensure appropriate management action is being taken to mitigate their impact.
  • Uphold the integrity of risk/return decisions by challenging business and control function heads to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and Risk Appetite
  • Identify and report key risks material to the Group and challenge the First Line to evidence that the material risks arising from their business activities have been identified, assessed, monitored and reported.
  • Monitor internal and external events material to the Group and ensure appropriate management action is being taken to mitigate their impact
  • Provide new product support in terms of risk measurement, limits and monitoring. Ensure relevant risk measures, controls and process is in place before approving the launch of new products.
  • Responsibility for regular or ad hoc market risk activities reports / information / analysis to management.
  • Ensure that traded risk measurement methodologies are fit-for-purpose, comprehensive and implemented with integrity.
  • Ensure that there are appropriate and documented internal controls and procedures in place. Monitor the operation of such procedures and controls and regularly review them to ensure that they reflect any changes in products, systems, policy and regulations. Maintain procedures for monitoring, management and reporting of operational risks arising within area of responsibility.

Support of Regulatory/Local Projects
  • Support local risk-wide initiatives/projects such as recovery planning, ICAAP, SDST etc.

Process Control
  • Ensure effective management of operational risks within the Function and compliance with applicable internal policies, and external laws and regulations
  • Continuously improve the operational efficiency and effectiveness of the function
  • Assist in driving a consistent interpretation and application of market risk policies across all countries in the region.
  • Monitor on-going compliance with and effectiveness of the risk control environment

Our Ideal Candidate
  • Bachelor or above with fluency in both English and Chinese. Qualifications in a numerate, quantitative discipline(e.g. science, engineering, economics, finance)
  • Ideal candidate should have international experience and good understanding of Financial & Treasury markets knowledge and good experience in managing stakeholders across business , other risk and control functions.
  • Bank training mandatory e-learning: Volcker Rule - Role Specific (Financial Markets), Risk Management Framework
  • Proactive in Managing Risk
  • Self-starter, add value on day one. Can excel under pressure.
  • 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.
  • Excellent analytical skills and sound judgement in a rapidly changing environment
  • Effective verbal and written communication skills
  • Ability to present complex risk issues to senior and non-technical stakeholders
  • Excellent interpersonal skills, multicultural awareness and sensitivity
  • Market Knowledge: Substantial experience at advanced level in the banking industry, including demonstrated success in a similar role. In-depth knowledge and technical skills related to Traded Risk (Covering both market risk and counterparty credit risk).

  • Business Strategy and Model: Good business acumen (including ability to assess risk and appropriate levels of return), leadership experience, good interpersonal skills and multi-cultural awareness and sensitivity.
  • Risk Management and Control: Demonstrated track record in successful management and ability to manage risk in geographically dispersed and varied product base. Expertise in process design and control.
  • Regulatory Framework and Requirements: Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role.
  • Non-technical Skills: Good relationship management experience - with external stakeholders, including regulators and auditors

Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.

Job Details

Employment Types:



Job Source : scb.taleo.net

Similar Jobs

People Also Considered

Career Advice to Find Better

Simple body text this will replace with orginal content