Executive Director Head of Liquidity Risk

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Executive Director Head of Liquidity Risk

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This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Key Responsibilities

Strategy

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

Responsibilities Across Primary Focus Areas

• 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 - 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.
• Enable the creation of a strategic funding plan in partnership with the first line, removing costly and more risky funding products.
• 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.
  
  

• Ensure succession planning in the team.
• 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.
  
  

• 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.
  
  

• 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.
  
  

• 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.
• Maintain an open and cooperative relationship in dealings with regulators.
  
  

• Ensure Liquidity Risk teams achieve the outcomes set out in the Bank's Conduct Principles: Fair Outcomes for Clients; Effective Operation of Financial Markets; Financial Crime Prevention; The Right Environment.
• Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
  
  

• Treasury, Liquidity teams, Treasury Markets.
• External stakeholders including regulators and auditors.
  
  

• Liquidity Management
• Treasury Management
• Balance Sheet Management
• Governance, Regulation and Risk Management - Risk and Control
• Governance, Regulation and Risk Management - Regulatory Compliance
  
  

• 10-15 yrs of relevant experience is a must
• 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.
  
  

• 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
  
  

• 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

• Seniority level

  Executive

Employment type

• Employment type

  Full-time

Job function

• Job function

  Finance and Sales

• Industries

  Technology, Information and Internet

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