Director, Capital Forecasting

Director, Capital Forecasting

Full-Time 75000 - 100000 £ / year (est.) No home office possible
Standard Chartered Bank

At a Glance

  • Tasks: Lead capital forecasting and manage key financial metrics for strategic growth.
  • Company: Dynamic financial services firm focused on innovation and compliance.
  • Benefits: Competitive salary, flexible working, generous leave, and wellbeing support.
  • Why this job: Make a real impact on capital strategy while collaborating with senior stakeholders.
  • Qualifications: Degree in Finance or related field with 5+ years in financial services.
  • Other info: Join a diverse team committed to continuous learning and personal growth.

The predicted salary is between 75000 - 100000 £ per year.

Currently we are looking for a Director, Capital Forecasting to our branch in London. This is a key role aligned to the strategic objectives of the Group to improve ROTE and return capital to shareholders. The Director, Capital Forecasting, is responsible for maintaining the Group’s capital forecasting model, reporting and managing key capital ratios and providing insights and recommendations with respect to capital. This role is also critical to ensure compliance with regulatory requirements and to maintain financial stability. The role holder will have the opportunity to lead and engage in numerous high profile, Group-wide capital-related initiatives and activities.

Strategy

  • Manage the Group and Solo capital position, ensure compliance with all applicable requirements.
  • Provide insight and foresight to key stakeholders, including the PRA.

Business

  • Manage the capital forecast model and report capital metrics to senior stakeholders such as the Global Asset and Liability Committee (GALCO), Board Risk Committee (BRC), Group Risk Committee (GCRC) and the Board.
  • Drive interlock of capital forecasts between balance sheet, leverage and RWAs.
  • Solo lead, and drive Solo forecasting improvements.
  • Identify and facilitate execution of RWA and Leverage optimisations.

Key Responsibilities

  • Monitor and report the Group and Solo capital ratios (including CET1, Leverage and Double Leverage) against regulatory requirements, internal risk appetite and peers.
  • Provide high quality commentary, covering implications, recommendations, risks and opportunities.
  • Act as lead for Solo capital forecasting, including Solo ALCO reporting, setting and maintaining Solo capital guardrails, and providing capital SME support to Solo Treasurer.
  • Lead and manage the monthly submission of Capital+ to PRA.
  • Assist Group Regulatory Reporting in the production of the capital sections of the Pillar 3 and Annual/Interim reports.
  • Assist Investor Relations with understanding capital movements and messaging to market.

Provide expertise and recommendations

  • Advise and recommend on capital related matters relevant for Group and Solo.
  • Contribute to the analysis and communication of the impacts of regulatory changes and related market developments.
  • Drive and develop capital subject matter expertise on digital asset ventures.

Engage with Key Stakeholders

  • Work collaboratively with stakeholders, including Senior Management, Business, Finance, FP&A, Risk, Regional Treasurers and Stress testing teams to ensure a comprehensive and integrated approach to capital planning.
  • Work closely with the Capital Issuance team in Treasury to ensure capital forecasts reflect the evolution of the capital stack e.g. due to issuance, redemptions etc.
  • Externally, the role will have direct exposure/input to the PRA via monthly Capital team meetings.

Skills and Experience

  • Governance, Regulation and Risk Management.
  • Capital Management.
  • Finance and Accounting.
  • Effective Communications.
  • Financial Analysis.
  • Knowledge of Organization.

Qualifications

  • Relevant degree in Accounting, Finance or Risk Management.
  • 5+ years experience in Financial Services industry.
  • Experience in Group Treasury and/or Capital Management and/or Risk Weighted Asset calculations; experience with UK/European regulations would be preferred.
  • Proficient in MS Excel and PowerPoint.
  • Able to construct messages appropriate for senior stakeholders, internally and externally.
  • Able to decipher and communicate complex regulatory text.
  • Technical ability to build and understand complex excel models.
  • Analytical ability to reduce large amounts of data into concise messaging for senior management.
  • Strong stakeholder and project management skills.
  • Able to work in a dynamic environment and in very fluid situations with tight deadlines.
  • Able to coordinate and work with diverse teams across functions and the business, as well as senior management.
  • Ability to lead and drive initiatives with a structured and focused approach.

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.

Director, Capital Forecasting employer: Standard Chartered Bank

As a Director of Capital Forecasting in our London branch, you will join a dynamic and inclusive organisation that prioritises employee wellbeing and professional growth. We offer competitive salaries, flexible working options, and a robust support system for mental and physical health, alongside opportunities for continuous learning and development. Our collaborative work culture encourages innovation and engagement with key stakeholders, making it an excellent environment for those seeking meaningful and rewarding employment.
Standard Chartered Bank

Contact Detail:

Standard Chartered Bank Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Director, Capital Forecasting

✨Tip Number 1

Network like a pro! Reach out to connections in the finance and capital management sectors. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by diving deep into the company’s recent capital initiatives. Show that you’re not just familiar with their work but also passionate about contributing to their goals. Tailor your insights and recommendations to align with their strategic objectives.

✨Tip Number 3

Practice your storytelling skills! When discussing your experience, frame it in a way that highlights your impact on capital forecasting and compliance. Use specific examples that demonstrate your analytical abilities and stakeholder engagement.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search. Let’s get you on board!

We think you need these skills to ace Director, Capital Forecasting

Capital Forecasting
Regulatory Compliance
Financial Analysis
Stakeholder Engagement
Project Management
Risk Management
Data Analysis
Communication Skills
Excel Modelling
Knowledge of UK/European Regulations
Governance
Ability to Work Under Pressure
Team Coordination
Strategic Insight

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Director, Capital Forecasting role. Highlight your experience in capital management and financial analysis, and don’t forget to showcase your skills in stakeholder engagement and regulatory compliance.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. Mention specific projects or achievements that align with the responsibilities listed in the job description, especially around capital forecasting and reporting.

Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to highlight your analytical abilities. Provide examples of how you've successfully managed complex data sets or built forecasting models in your previous roles.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and ensure it gets the attention it deserves!

How to prepare for a job interview at Standard Chartered Bank

✨Know Your Numbers

As a Director of Capital Forecasting, you'll need to be on top of your game with capital ratios and metrics. Brush up on the key figures like CET1 and leverage ratios before the interview. Be ready to discuss how you would monitor and report these metrics effectively.

✨Showcase Your Stakeholder Skills

This role involves engaging with various stakeholders, so prepare examples of how you've successfully collaborated with senior management and cross-functional teams in the past. Highlight your communication skills and how you can simplify complex regulatory information for different audiences.

✨Demonstrate Your Analytical Prowess

You'll need to analyse large amounts of data and provide concise insights. Bring along examples of how you've tackled similar challenges before. Discuss your experience with financial analysis and how you can turn data into actionable recommendations for capital management.

✨Be Ready for Regulatory Talk

Given the importance of compliance in this role, brush up on UK and European regulations related to capital management. Be prepared to discuss how you've navigated regulatory changes in the past and how you would approach them in this position.

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