A multinational banking and financial services company in India is seeking a candidate to play a crucial role in executing stress test models, particularly related to Central & Others. Responsibilities include the maintenance, execution, and improvement of financial models, data management, and compliance with regulatory requirements. The role demands strong analytical skills, proficiency in SAS, Python, and experience with finance data preparation. The candidate must have a bachelor or master’s degree in a relevant field with at least four years of relevant experience.
Qualifications
4+ years of experience in Finance data handling and management.
Familiarity with Financial systems like MRC, BPC.
Hands-on experience with stress testing exercises.
Responsibilities
Execute stress test models for the Bank’s exercises.
Provide inputs for improving stress testing processes.
Prepare finance data for regulatory compliance.
Skills
Data Analytics
SAS
Python
VBA
Excel Automation
TABLEAU
Excellent communication skills
Education
Bachelor or Master’s degree in Finance, statistics, mathematics, computer science
Tools
SAS
Excel
Job description
Job Summary
The successful candidate for this position will play a key role in executing the stress test models in relation to Central & Others (excluding treasury) in the Bank’s stress test exercises.
He/She will be responsible for maintenance, execution & enhancement of a suite of Central & Others excluding Treasury models – Opex, Tax, Other Banking, OR RWA, Leverage, Bank Levy, et al.
This will include Bank-of-England (BOE), Internal Capital Adequacy Assessment Process (ICAAP) – Group and Countries, Resolution Planning, Recovery Planning for the Group.
In addition, he/she should be able to provide valuable inputs to help identify opportunities to improve on stress testing current processes and own quantitative changes and change requests.
Responsible for the stress testing data sourcing and preparations, methodological calculations including the use of existing infrastructure and technology, producing quantitative charts and packs and other related requirements.
Deliver a high quality Structured Template Data (STDF) Templates, as per the requirements set out by the Prudential Regulation Authority (PRA) in the Bank of England (BoE) stress test.
Ensure that the stress testing methods employed are compliant with EST procedures and any deviation is properly documented and approved.
Ensure compliance with the Operational Risk Framework requirements and that quantitative controls are in place and executed in full.
Drive improvements in the stress testing computations and automate manual processes for more efficiency and productivity.
Manage all correspondence via their nominated work stream leads, support functions and stakeholders.
Ensure compliance with governance related aspects of EST production and delivery.
This is a rapidly evolving space so the role holder must be comfortable with ambiguity and change.
Key Responsibilities
The profile requires person should support in Finance data preparation both management and financial view to support to all the Enterprise-wide Stress testing initiatives like implementation of Group Stress Testing Data & Model.
This includes developing and maintaining an efficient and controls design and operation, data management, regulatory compliance and overall documentation. The candidate will be involved in the Bank’s stress test exercises such as Internal Capital Adequacy Assessment Process (ICAAP) and Bank-of-England (BOE).
Finance Data Hub
Finance Hub’s primary responsibilities include Data Sourcing and Maintenance of Finance data. This involves a set of data wrangling activities – gathering, transforming, mapping, building business views and automation of sourcing processes that would help enrich the quality of data and make it appropriate for the downstream purposes such as analytics, reporting and visualization.
Strategy
Help to ensure appropriate BAU controls being established and deployed effectively in GBS.
Work with partner teams to create and build next generation data products and analytics solutions.
Assess problem statements & propose potential solutions by advocating and enabling data-driven analytics.
Conduct thorough validation and data quality checks to ensure accurate and value adding solutions being delivered.
Wider knowledge in Financial and Management view of bank.
Knowledge in Financial systems like, MRC, BPC, Financial Analytics, Aspire and PSGL is required.
Business
Work collaboratively with line manager support covering a wide range of stakeholders, across all seniority levels, to address urgent and strategic Finance management needs.
Coordinate with ERM teams such as Stress Testing, ASPIRE, Product controls and Finance Modelling to establish how existing results/analytics or processes can be leveraged.
Processes
Provide expertise in migrating PoC projects to productionise in collaboration with various teams.
People & Talent
Lead through example and demonstrate the bank’s culture and values.
Risk Management
Identify, assess, monitor and mitigating risks to the Group relevant to Data Quality.
Governance
Ensure the adherence to Group BCBS 239 standards when appropriate.
Provide timely and high-quality responses to both internal and external queries and requests.
Regulatory & Business Conduct
Display exemplary conduct and live by the Group’s 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.
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key stakeholders
CIB, Commercial & Retail model owners
BVM stress testing
Enterprise Risk Analytics
CIB, Commercial & Retail Risk
Group Internal Audit
Group Operational Risk
Technology
CDO
Other Responsibilities
Extensive knowledge in SAS, Python, VBA, Excel Automation and TABLEAU is an added advantage.
Strong analytical mindset with excellent analytical, logical, reasoning and problem‑solving skills.
Bachelor or Master’s degree with technical degree preferred (Finance, statistics, mathematics, computer science, etc.).
Hands‑on experience in handling Finance data and best practices in data management.
Previous experience on Financial & Management reporting is an added advantage.
Excellent written and oral communication skills at all levels (i.e. colleagues to senior management) and situations (i.e. one‑on‑one to presentations).
Exposure to advanced machine learning methodologies is a plus.
Self motivated and pro active.
Skills and Experience
Graduation / Post‑Graduation in Finance and with relevant 4+ years of experience.
General Skill Set
Strong knowledge in Data Analytics & related tools viz. SAS, Python, VBA, Excel Automation.
Awareness of trading environment, macroeconomic fundamentals, market moves & potential impact on exposures.
Excellent communication skills – verbal and written.
Ability to work under pressure.
Have excellent attention to detail.
Be able to work in a global team.
Expertise in programming language is not required but good to have.
Working knowledge in MS Excel, SAS.
Knowledge about Finance and various business products.
Documentation skills.
Working knowledge of the Group’s businesses, governance structure and approach to risk management.
Experience in team admin tasks/cost controller/project accountant role with familiarity to SCB project management standards / tools would be a distinct advantage.
Experience in Agile framework.
The role holder should comply with all mandatory e‑learning as prescribed from time to time.
Role Specific Technical Competencies
Financial Analysis
External Reporting
Effective Communications
Project Management
SQL
Excel
Data Sciences
Python, VBA, Excel Automation, SAS
What we offer
Core bank funding for retirement savings, medical and life insurance,with flexible and voluntary benefits available in some locations.
Time-offincluding 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.
Flexible workingoptions based around home and office locations, with flexible working patterns.
Proactive wellbeing supportthrough 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 cultureto 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.