Analyst, Change Delivery

Standard Chartered; Singapore; On-site; SGD 120,000 - 150,000; Full time

Job summary

An international bank in Singapore seeks a Subject Matter Expert for implementing hedge accounting solutions. The ideal candidate has over 10 years of experience in liquidity and market risk, strong business analysis skills, and deep knowledge of hedge accounting rules. Responsibilities include leading testing activities, coordinating requirements with stakeholders, and ensuring compliance with regulatory guidelines. This role provides a competitive salary, benefits, and the opportunity to work in an inclusive environment.

Benefits

Competitive salary

Flexible working options

Proactive wellbeing support

Qualifications

• 10+ years of functional experience in Liquidity/Market risk.
• 5+ years of experience in change management for liquidity systems.
• Strong understanding of Basel Liquidity regulations.

Responsibilities

• Act as a business solution owner for project target states.
• Document and sign off detailed requirements with stakeholders.
• Coordinate system interfaces for Treasury and Liquidity Reporting.

Skills

Hedge accounting

Business analysis

Risk management

SQL

Communication skills

Stakeholder management

Data visualization

Education

Bachelor's degree in Data Management, Finance, or related discipline

Tools

SAP FPSL/PAPM

Moody’s Fermat

S4 Hana

Job description

JOB SUMMARY

Sitting within the Treasury COO function this Subject Matter Expert (SME) role would be part of the team responsible for implementing front-to-back hedge accounting solution in strategic reporting platforms. Along with an in-depth understanding of functional areas around Hedging strategies, trade booking and settlement processes, Accounting flows into Sub-ledger & General ledger, IFRS/US GAAP hedge accounting rules, the potential candidate requires strong business analysis skills, sound understanding of the Systems Development Life Cycle, and BI/MI reporting platforms.

• Work in collaboration with Treasury policy, Product Control, Finance and Technology teams to implement front-to-back hedge accounting solution enabling Treasury to manage Interest Rate and FX risks using hedge accounting under US GAAP and IFRS.
• Design and deliver an interface for hedge creation with automated algorithm based pairing of hedged items and instruments.
• Build, test and automate hedge effectiveness process (inception, prospective, retrospective) with full documentation of hedge statistics in line with IFRS9/ASC 815.
• Implement automated hedge documentation and validation controls and business rules for auto-designation of hedge trades.
• Elicit requirements and document them as functional requirements.
• Support the program from conception through to post-implementation review, ensuring all necessary governance steps are followed correctly and completely.
• Lead functional testing activities.
• Follow a structured approach to programme delivery and provide regular risk/issue updates to management.

RESPONSIBILITIES

• To act as a business solution owner of the projects’ target state and support analysis included in relevant concept and methodology papers required for preparation of functional requirement documents.
• To be accountable for ensuring that detailed requirements are documented, and are duly signed off by relevant stakeholders.
• To ensure that the new solutions comply with internal procedures/external regulatory guidelines and project deliverables are properly understood by business stakeholders, project team, and end‑users.
• To validate strategic system architecture proposed by Technology is fit for its business purpose and is in line with the agreed business target state.
• To drive prioritization taking into consideration business benefits, delivery timelines, system performance, etc.
• To centrally coordinate system interfaces/dependencies/change releases for the Treasury and Liquidity Reporting work streams and ensure alignment across all centres.
• Communication with the policy owners and producers of regulatory and internal risk metrics to understand their processes and to push the business perspective.
• Communication with desks to understand user needs and resolve issues.
• To support the development of testing packs with predefined results sets.
• To review test cases ensuring completeness of UAT coverage.
• To monitor any gaps/bugs identified, and work with Technology counterparts to track progress and ensure resolution.

KEY STAKEHOLDERS

• Product owners/SMEs within Treasury Markets, Treasury Liquidity, Treasury Policy, Finance & Product control.
• Senior Program/Project Managers – Liquidity, Enterprise changes, Technology.

OUR IDEAL CANDIDATE

• 10+ years of functional experience in Liquidity/Market risk, regulatory reporting solution design roles.
• 5+ years of relevant experience in first-hand change management experience implementing or supporting FM or Regulatory Liquidity/IRRBB systems.
• Bachelor's degree in Data Management, Finance, or related discipline.
• Preferred experience with SAP FPSL/PAPM modules, S4 Hana and Moody’s Fermat/Risk Authority/Risk Confidence risk calculation, data model and reporting engines.
• Good understanding of financial risk and preferred exposure to Risk and Valuation systems for Financial market products.
• Experience in analysing data to draw business‑relevant conclusions and in data visualization techniques and tools.
• Preferred experience as Data Engineer and Solution Design.
• Knowledge of Basel Liquidity regulations and good understanding of financial risk.
• Expertise in SQL.
• Experience with both waterfall & agile methodologies.
• Strong communication and stakeholder management skills.

ROLE SPECIFIC TECHNICAL COMPETENCIES

• Balance Sheet Management
• Business Intelligent
• Requirement Gathering and Analysis
• Finance and Treasury Data Analysis

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.
• Time-off 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.
• 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.

Visit our careers website www.sc.com/careers