Act as 2LoD (“Risk Controlling”) function within Treasury Risk to ensure the balance sheet across liquidity, funding, IRRBB and CSRBB is protected via risk management and review and challenge of 1LOD processes and activities, provide recommendations to key committees and senior management.

A primary focus of the role is the ownership, oversight and continuous enhancement of IRRBB methodologies, in particular Economic Value of Equity (EVE) and Net Interest Income (NII). It also covers the cash flow methodology (as part of the newly introduced SSnC tool) and making sure the generated cash flows are fit for purpose.

The role is also responsible for implementation (execution), independent review, explanation and challenge of monthly IRRBB reporting, ensuring methodological consistency, regulatory compliance and decision-useful risk insights for senior management and committees.

The function partners with the Model Development team acting as 2LoD model sponsor for IRRBB models as well Treasury and Finance.
In addition, the role contributes to oversight of Liquidity and Funding Risk and plays a key role in the ILAAP process, with a particular focus on liquidity stress testing design, governance and review.

Key Responsibilities

• Documenting internal guidelines including, the Risk Type Framework and relevant Policies and Standards. In addition, contribute to the Risk Strategy and Risk Inventory, as well as propose and monitor Risk Appetite and Early Warning Indicators.
• Regulatory: Prudently oversee and review regulatory metrics including LCR, NSFR, and IRRBB metrics (EVE and NII), with explicit ownership of the underlying methodological framework and assumptions.
• Corporate Planning: Review and challenge the corporate planning and effectively challenge the linkage to balance sheet forecasting.
• Liquidity & Funding: Review and challenge Liquidity / IRRBB / CSRBB / funding / hedging strategy / treasury asset allocation investments.
• To proactively identify material drivers of risk as well as change in regulatory requirements and make recommendations for improving risk management.
• Own and maintain the 2LoD view on IRRBB methodologies (EVE and NII), including implementation, challenge of modelling assumptions (e.g. NMD behaviour, prepayments, early redemptions).
• Act as 2LoD model sponsor for IRRBB models, partnering with Model Development to ensure compliance with model risk management standards, validation findings and regulatory expectations.
• Perform review, challenge and sign-off of monthly IRRBB reporting (EVE/NII), including key drivers, sensitivities and limit monitoring.
• Play a key role in the ILAAP process, with a focus on liquidity stress testing, including scenario design, assumption challenge, result interpretation and alignment with regulatory guidance (e.g. survival horizon).

Skills and Experience

• Experience in Treasury and balance sheet management
• Experience in banking regulatory framework
• Substantial experience in the banking industry or consultancy with specific expertise in treasury activities and risk management, strong experience in treasury markets, treasury liquidity, irrbb and csrbb.
• Experience in Treasury and balance sheet management
• Experience in banking regulatory framework
• Business proficiency in English (verbal & written) & German (not mandatory)

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.
• 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.