Senior Manager, Market Risk Management

Job Summary

•    Uphold the integrity of the Group’s risk/return decisions by ensuring that market risks arising from Credit Trading—including Flow, Structured, ABS, Loans, Repo and Equity—and Global Credit Markets, including bond and loan underwriting, are properly assessed and transparently controlled within the Group’s Risk Appetite.
•    Ensure the Risk Management Framework is effectively embedded across Market Risk for Credit Trading and Global Credit Markets, and exercise direct risk control ownership for these activities.
•    Ensure compliance with applicable regulatory requirements and provide effective oversight, challenge and escalation of material market risk matters.

Key Responsibilities

Strategy, Business and Processes: 
•    Encourage an appropriate risk culture and discipline across Credit Trading and Global Credit Markets. Support strategy planning and communicate the strategic intent and collective agenda for TRM Credit.
•    Maintain and develop the capabilities, skills and infrastructure required to meet business needs and regulatory reporting obligations.
•    Run, review and adapt relevant processes, manage operational risks, ensure compliance with internal policies and external requirements, and continuously improve operational efficiency and effectiveness.
Risk Management: 
•    Validate the accuracy of reported exposures; assess the market risk profile against risk appetite and direct appropriate responses to material events or emerging risk issues.
•    Assess and challenge limit and transaction approval requests, including complex and structured transactions, acquisitions and major change initiatives, and present risk assessments and recommendations to senior management.
•    Uphold the integrity of risk/return decisions, by challenging business to demonstrate that risk origination and control decisions are properly informed and consistent with strategy and risk appetite.
•    Initiate and oversee stress testing and scenario analysis, assess results and implications, and ensure effective management response plans are in place for extreme but plausible scenarios.
•    Design, maintain and communicate market risk control parameters, including policies, control standards, exposure limits and other control levers, and challenge material control gaps or weaknesses.
•    Maintain a good understanding of the requirements of the Group's key external stakeholders in respect of Market risk management for Credit Trading and GCM and ensure these are well understood internally and reflected in internal procedures.

Regulatory and Business Conduct: 
•    Demonstrate exemplary conduct, uphold the Group’s Values and Code of Conduct, and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
•    Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.
Key Stakeholders: 
•    Partner with the Credit Trading Desk, the Financial Markets COO Office, Credit business and product heads, Group Internal Audit, Enterprise Risk, Operational Risk, Compliance, regulators, external auditors and local governance bodies.

Motivations
•    Motivated by safeguarding sound risk/return decisions and maintaining the integrity of the Group’s risk framework.
•    Energised by analysing complex credit-market risks, constructively challenging decisions and translating risk insights into clear management actions.
•    Driven by strengthening controls, improving processes and developing the capability of colleagues and the wider TRM Credit team.

Skills and Experience

Must-have Skills
•    Credit Trading and Global Credit Market risk management
•    Market risk identification, measurement and control
•    Risk appetite, limits, stress testing and scenario analysis
Other Skills
•    Risk governance and regulatory compliance
•    Valuation and risk reporting
•    Stakeholder management, challenge and influencing
•    Coaching and capability development

Qualifications

Key Experiences
•    Substantial experience in market risk management across Credit Trading products such as flow credit, structured credit, ABS, loans, repo and equity, and Global Credit Markets activities including bond and loan underwriting.
•    Demonstrated experience in risk appetite and limit management, transaction and limit approvals, stress testing, scenario analysis, valuation oversight, risk reporting and regulatory engagement.
•    Strong track record of senior stakeholder management, independent challenge, governance and control enhancement.
Certifications / Qualifications
•    No mandatory certification or qualification specified in the source job description.
Languages
•    English

About Standard Chartered

We're a global bank connecting clients to our differentiated network, offering growth opportunities in the world's most dynamic markets. Our strategy, which combines cross-border capabilities and leading wealth management expertise, helps us deliver our purpose - to drive commerce and prosperity through our unique diversity.

Over our 170-year history, and across a unique geographical footprint connecting Asia, Africa and the Middle East to each other and the world, we've built a bank like no other, with diverse capabilities and partnerships that set us apart.

What we offer

• Being part of an inclusive and values driven organisation, one that embraces and celebrates our unique diversity, across our teams, business functions, and geographies.
• 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 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.

Visit our careers website to learn more about us: www.sc.com/careers.