Head, Valuation in Resolution (UK, Singapore)

Currently to our Team we are looking for Head Valuation in Resolution. This role could be based in UK and Singapore. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.

Key Responsibilities

• Strategy
  • A global role within Group Finance supporting the Global Head of Stress testing and Global Head of FP&A as the Head of ViR.
  • Member of the Global FP&A Extended Management team, responsible to oversee and drive the implementation of ViR objectives and commitments.
  • Drive the strategic direction of ViR across Valuations 1 to 4.
  • Accountable executive for Valuation 1,2 and 4 results with oversight and understanding of the Valuation 3 forecasting and Valuation process.
• Business
  • Drives transparency on ViR risks and decision making with open communication to senior stakeholders and regulators.
  • Embed and ensure a strong control environment around ViR outputs and communications with regulators.
  • Sets and owns ViR testing plans across all valuations and ensure integration with wider RRP testing and activities.
  • Acts as the ViR contact point on regulatory requirements.
• Processes
  • Embed ongoing improvements, SME engagement and country CFO interaction within the ViR target operating model with close engagement with senior finance teams.
  • Work closely with 2LOD and 3LOD functions to ensure effective review and challenge over the ViR processes as part of the ViR operating model.

Qualifications

• Professional Accountancy, CFA or related qualification from recognised professional body.
• Proficiency in IFRS accounting standards.
• Excellent understanding of the valuation methods and drivers of value for financial assets and liabilities, as well as banking entity valuations.
• Working understanding of trading books and an understanding of trading book wind down activities would be advantages.
• Understanding of Banking Liquidity and Capital requirements.
• Experience in financial forecasting using the processes and systems typically in place for a large banking institution.
• Industry experience of Product Control-Valuation Control role would be beneficial.
• Excellent communicator. Internal, external and the regulator stakeholder management.
• Track record in a leadership role driving engagement with senior business leaders, strategic change initiatives, regulatory engagement and managing cross border teams.
• Proactive, creative self-starter and strategic thinker.
• Comfortable working in an ambiguous environment, managing multiple priorities.
• Feels at ease while managing pressure and works well with the team.
• Builds and nurtures great relationships with stakeholders and collaborates well.
• Action orientated and drive to move matters forward.
• Comfortable working in an environment where ongoing improvement is expected.

Role Specific Technical Competencies

• Financial asset and banking valuations.
• Valuation in Resolution.
• Resolution planning.

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.

For further information, and to apply, please visit our website via the “Apply” button below.