Standard Chartered Hiring for AVP, Climate Risk at Bengaluru, Karnataka Full Time

The Role Responsibilities

Job Role

The job holder will be based in Bangalore and focussing on providing support for the Group Climate Risk team.

The role holder will work in close alignment with a dedicated onshore manager that covers content driven topics and senior stakeholder management.

Strategy

Support the formulation of Climate Risk Management Framework, particularly focused on the integration of climate risk into the existing risk systems and / or processes around Corporate, Commercial and Institutional Banking (CCIB) and Consumer, Private and Business Banking (CPBB) credit risk management and stress testing / scenario analysis.

Support the Group’s baselining and target setting initiatives, in line with its aspiration to achieve Net Zero by 2050 in alignment with the Paris Agreement.

Focus on execution while being accountable and innovative in finding ways to be part of the solution even when identifying problems.

Support continuous training initiatives for both the 1st line and 2nd line to ensure climate risk embedding into BAU credit risk management.

Work closely with Group COO and Credit Policy teams to ensure design, scoping and policy to ensure embedding of climate risk into BAU credit risk management.

Business

While being focused on climate risk assessment, keep a ‘think client’ hat in any risk developments; consider how the risk assessments contribute to helping the clients build a more resilient business model.

Broad awareness and understanding of the bank’s business model and risk profile.

Strong understanding of the bank’s climate risk stress testing and scenario analysis approach, and wider stress testing and scenario analysis capabilities and existing processes.

Processes

Contribute to Group-wide RCSA reviews with respect to climate risk, particularly for CCIB credit risk.

Evaluate relevant existing controls and contribute to designing new controls as required.

Risk Management

Second-line review and challenge of credit BCAs for adequacy and accuracy of the first-line’s assessment of climate risk for top clients as assigned (particularly for Europe and Americas region).

Oversee Climate Risk assessment and monitoring for CPBB portfolios. Drive continuous expansion and enhancement of risk assessment approaches for Medium enterprises clients.

Undertake analysis of clients subjected to Climate Risk and provide insights to enable enhanced portfolio management.

Provide inputs to the Group’s strategic risk appetite metric calculation for climate risk.

Work closely with data strategy, third party vendors on both transition and physical risk modelling including data preparation and review requests.

Governance

Contribute to overall governance mechanisms (including committee oversight and individual approval authorities) for climate risk management.

Regulatory and Business Conduct

Display exemplary conduct and live by the Group’s Values and Code of Conduct.

Take personal responsibility for embedding the highest standards of ethics, including regulatory and business conduct, across Standard Chartered Bank. This includes understanding and ensuring compliance with, in letter and spirit, all applicable laws, regulations, guidelines and the Group Code of Conduct.

Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.

Key Stakeholders

Head Climate Analysts

Global Head, Environmental and Social Risk Management

CPBB Business and Credit Representatives

Client Coverage Credit Analysts and Relationship Managers

Head, Industries Risk

Senior Credit Officers and Regional Chief Credit Officers

Regional Heads Credit Analysts

CCIB COO process owners

Other Responsibilities

Embed Here for good and Group’s brand and values in GRS, India

Our Ideal Candidate

Prior engagement in climate-related workstreams and other risk areas strongly desired.

Prior engagement with Risk Framework Owners / Policy Owners and business owners preferred.

Prior hands on experience with stress testing preferred, particularly climate risk stress testing.

Role Specific Technical Competencies

Familiarity with climate risk management (tools and methodologies)

Data preparation and review skills

Ownership and accountability for deliverables / action oriented

Climate risk stress testing and wider Enterprise wide stress testing processes

About Standard Chartered

We’re an international bank, nimble enough to act, big enough for impact. For more than 160 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

Be 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, parental / maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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