Job details
Job type full-time regular / permanent
Benefits pulled from the full job description
Health insurance paid sick time
Full job description
Job: finance primary location: asia-india-bangalore schedule: full-time employee status: permanent posting date: 13/jun/2022, 4:18:25 am unposting date: ongoing
About standard chartered we`re an international bank, nimble enough to act, big enough for impactFor more than 160 years, we`ve worked to make a positive difference for our clients, communities, and each otherWe question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than beforeIf you`re looking for a career with purpose and you want to work for a bank making a difference, we want to hear from youYou can count on us to celebrate your unique talentsAnd 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 behavioursWhen you work with us, you`ll see how we value difference and advocate inclusionTogether 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 toIf you are invited to take an assessment, this is great newsIt means your application has progressed to an important stage of our recruitment processThe role responsibilities
Develop and maintain appropriate policies and procedures for ipv, bid offer reserves, model reserves, etc.
Independently assess the valuation and associated uncertainty of assets and liabilities within business, specifically continuing the evolution and ensuring the integrity of the ipv and fair value reserving processes.
Design, develop and evolve the methodologies to optimize the prudential valuation and stress prudential valuation frameworkEnsure a robust pva framework.
Do an independent review of significant deals and be able to substantiate the day1 p&l from the same.
Conduct regular review of observability of the different market data used by trading desk in marking their books.
Preparation of monthly valuation packs for finance committees and fo.
Ensuring robust controls and governance framework.
Ensure back-ups are trained and created among team members.
Ensure mandatory trainings are completed on time and enroll for technical trainings to upskill on the role
Lead through example and build the appropriate culture and values.
Research market best practice and keep abreast of the evolving issues e.gXva, ibor transition, etcThat affect the valuation of the fx business.
Participate in projects with different initiatives spanning – technology (sabre, aspire, razor, stride), regulatory (ibor, vir ).
Key stakeholders
Regular face off with traders, quants, model validation, product control management, regional finance team and various internal stakeholders.
Act as a point of reference for team members and internal clients.
Manage relationship with internal stakeholders, take regular feedback, anticipate and understand issues and escalate appropriately for timely resolution
Manage strong relationship with support teams (it, operations and risk) and bring synergies by interacting and integrating with cross functional teams.
Our ideal candidate
Educated to degree level; preferably with a finance / business or financial engineering background or masters degree in a quantitative subject with 2-4 years of professional experience in a financial service industryStrong quantitative analytical skills and an understanding of financial products.
Strong control mindsetStrong interpersonal, communication (verbal and written) and negotiating skills.
Strong interpersonal communication skills to build an effective internal network across the numerous stakeholdersFinance certifications such as cfa/frm/cqf will be given additional weightage while assessing candidature.
Visit our careers website www.sc.com/careers
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