At a Glance
- Tasks: Lead liquidity risk management and provide strategic risk advisory across the Group.
- Company: Join Standard Chartered, a global bank making a positive impact for over 170 years.
- Benefits: Enjoy flexible working, competitive salary, and comprehensive wellbeing support.
- Why this job: Be part of a diverse team driving commerce and prosperity with a purpose.
- Qualifications: Strong leadership skills and understanding of regulatory frameworks required.
- Other info: Embrace a culture of inclusion and continuous learning in a dynamic environment.
The predicted salary is between 72000 - 108000 ยฃ per year.
Executive Director Head of Liquidity Risk Join to apply for the Executive Director Head of Liquidity Risk role at Standard Chartered Executive Director Head of Liquidity Risk Join to apply for the Executive Director Head of Liquidity Risk role at Standard Chartered Act as the Second Line of Defence to the Treasury function and perform a Risk advisory role to ensure Liquidity Risks framework and methodologies are fit for purpose across the Group. Review and challenge of processes and provide recommendations to key committees and senior management. Act as the Second Line of Defence to the Treasury function and perform a Risk advisory role to ensure Liquidity Risks framework and methodologies are fit for purpose across the Group. Review and challenge of processes and provide recommendations to key committees and senior management. Business Liquidity policy & framework, including endorsement of new policies or changes prior to their approval. Liquidity updates provided through governance processes & committees. The liquidity limit framework and the level of the limits established (including temporary limit extensions) as well as independent monitoring of those in compliance with limits and controls. The results of independent validations of treasury liquidity models by Enterprise Risk Management โ Group Model Validation. Design and implementation of the Liquidity stress testing framework and scenarios design. Treasury developed stress testing models and Treasury designed stress tests to test out risks in the liquidity strategy. Contingency Funding Plan and testing frequency. Challenge current liquidity risk footprint, for a safer and less expensive balance sheets. Prudently oversee and review regulatory metrics such as LCR / NSFR, and internal stress measures such as Survival Horizon. Provide effective challenge and expertise to the business on managing funding and liquidity risks. To proactively identify material drivers of risk and make recommendations for improving risk management. Co-ordinate with Regional TCROs on issues related to Liquidity risks. Manage and oversee the Risk Appetite process and calibration of Treasury Board Risk Appetite metrics, ensuring we maintain a clear statement of risk appetite. Continuously improve the operational efficiencies and effectiveness of risk management processes across the Group. People & Talent Active and engaged performance management. Uphold and reinforce the independence of the Function from those whose responsibility is to maximise short-term revenues and profits. Risk Management Continuously review the Liquidity Risk profile for the Group and maintain alignment with risk appetite by rebalancing of risks or controls that may be required in response to internal and external factors. Ensure that material risk exposures and related issues are reported to the responsible governance committees and to Group and business-level committees as appropriate. Adhere to Group and Business policies, procedures, standards and codes, including those governing all Risk types, Compliance, Technology and Operations, Finance and Reputation. Proactively advise and monitor all major risk issues and concentrations. Where appropriate, direct remedial action and/or ensure adequate reporting to Risk and other stakeholders. Stakeholder Management Actively engage all stakeholders to raise their awareness of Treasury Risk issues. Ensure that risk decisions are transparent and supporting rationales are explained in a professional manner. Governance Enforce a culture of risk management, control, and governance, and ensure that Treasury 1LoD teams comply with the risk management processes and policies in place. Take responsibility for guiding and influencing stakeholders, to ensure the balance sheet of the Bank is managed in line with the relevant governance guidelines and standards. Regulatory & Business conduct Ensure Liquidity Risk teams achieve the outcomes set out in the Bankโs Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Treasury, Liquidity teams, Treasury Markets. Liquidity Management Treasury Management Balance Sheet Management Governance, Regulation and Risk Management โ Risk and Control Governance, Regulation and Risk Management โ Regulatory Compliance Strong ability to assess risk and appropriate levels of return, leadership experience, good interpersonal skills and multi-cultural awareness and sensitivity. ~ 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. 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. Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term 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. Seniority level Executive Employment type Full-time Job function Finance and Sales Industries Banking Sign in to set job alerts for โHead of Riskโ roles. Head of Risk & Compliance (FinTech, EMI) MD, Head of Financial Crime, Business Banking Head of Financial Crime Prevention, London / Belfast. Global Head of Credit Risk Management Services
Executive Director, Risk Management employer: Standard Chartered
Contact Detail:
Standard Chartered Recruiting Team
StudySmarter Expert Advice ๐คซ
We think this is how you could land Executive Director, Risk Management
โจTip Number 1
Familiarise yourself with the latest regulatory frameworks and liquidity risk management practices. Understanding the nuances of these regulations will not only help you in interviews but also demonstrate your commitment to staying updated in this ever-evolving field.
โจTip Number 2
Network with professionals in the banking and risk management sectors. Attend industry conferences or webinars, and connect with current employees at Standard Chartered on platforms like LinkedIn. This can provide you with insider knowledge about the company culture and expectations for the role.
โจTip Number 3
Prepare to discuss specific scenarios where you've successfully managed liquidity risks or improved risk management processes. Use the STAR method (Situation, Task, Action, Result) to structure your responses, showcasing your problem-solving skills and leadership experience.
โจTip Number 4
Research Standard Chartered's recent initiatives and challenges in liquidity risk management. Being able to speak knowledgeably about their current strategies and how you can contribute will set you apart from other candidates and show your genuine interest in the role.
We think you need these skills to ace Executive Director, Risk Management
Some tips for your application ๐ซก
Tailor Your CV: Make sure your CV highlights relevant experience in risk management, particularly in liquidity risk. Use specific examples that demonstrate your ability to challenge processes and provide recommendations, as outlined in the job description.
Craft a Compelling Cover Letter: In your cover letter, express your understanding of the role's responsibilities, such as overseeing liquidity risk frameworks and engaging with stakeholders. Share your passion for risk management and how your skills align with the company's values and mission.
Highlight Leadership Experience: Since this is an executive position, emphasise your leadership experience in managing teams and driving performance. Provide examples of how you've successfully influenced stakeholders and enforced a culture of risk management in previous roles.
Showcase Regulatory Knowledge: Demonstrate your awareness of the regulatory framework relevant to liquidity risk management. Mention any specific regulations you have worked with and how you have ensured compliance in past positions, as this is crucial for the role.
How to prepare for a job interview at Standard Chartered
โจUnderstand the Liquidity Risk Landscape
Before your interview, make sure you have a solid grasp of liquidity risk management principles and frameworks. Familiarise yourself with key metrics like LCR and NSFR, as well as the regulatory environment surrounding these concepts. This knowledge will help you demonstrate your expertise and ability to contribute effectively.
โจPrepare for Scenario-Based Questions
Expect to face scenario-based questions that assess your problem-solving skills in liquidity risk situations. Think about past experiences where you've successfully managed risks or implemented changes in processes. Be ready to discuss specific examples that highlight your analytical and decision-making abilities.
โจShowcase Your Stakeholder Management Skills
As an Executive Director, you'll need to engage with various stakeholders. Prepare to discuss how you've effectively communicated risk issues and influenced decisions in previous roles. Highlight your interpersonal skills and ability to foster collaboration across teams, which is crucial for this position.
โจDemonstrate a Culture of Risk Management
The company values a strong culture of risk management. Be prepared to discuss how you've promoted risk awareness and compliance in your previous roles. Share examples of how you've enforced governance standards and improved operational efficiencies within risk management processes.