Head, Balance Sheet Management

Standard Chartered Bank China
29 Jul 2017
18 Aug 2017
Contract Type
Job Title : Head of Balance Sheet Management

Job Grade : M22-M23

Department : Finance

Reports to : Financial Controller

Location : Shanghai

Terms : Local

Scope of Role:

* To work closely with Compliance, Group Treasury, ALM & other Finance and Business teams to address balance sheet (especially capital, liquidity and FTP) issues.
* As ALCO secretary, liaise with ALCO members to prepare ALCO agenda and assist ALCO on balance sheet strategy and associated capital/liquidity requirements to support the business growth in China.
* To interpret and analyze the market and regulatory change and its implications on balance sheet and capital management and supervise the response to regulators on a needed basis
* To assist in Basel II/III implementation from finance perspective.

Key Responsibilities/Challenges:

* As ALCO Secretary, liaise with ALCO members to prepare ALCO agenda and assist ALCO on balance sheet strategy and associated capital/liquidity requirements to support the business growth in China
* Manage the preparation of a comprehensive and useful information pack for ALCO reference
* Manage day to day balance sheet and regulatory ratio management with a focus on structural liquidity ratios compliant with the Group liquidity policy and country balance sheet initiatives.
* Develop balance sheet and capital forecasts / plans, budget and five year strategy
* Manage country FTP policy, ensure the FTP regime in China is compliant with Group policy and also a reflection of true funding cost. Address business issues in this regard.
* Capital management and planning, including profit retention, sub debt issuance, profit conversion and capital injection
* Lead the ICAAP process and coordinate the inputs from Risk and Businesses
* Work with Basel project team for FIRB application on behalf of Finance
* Work with Group Treasury for country implementation of balance sheet and FTP initiatives directed from the Group
* Lead the annual review and update on Country Liquidity Crisis Management Plan
* Assess the impact of new regulation, especially for capital and liquidity risk management, and timely provide feedback to the management
* Assist on ongoing development of the China Balance Sheet strategy in line with ALCO plan, and changing regulatory environment
* Manage and develop subordinates; multiple leadership and raise awareness of SCB promise and values
* Manage overall design and outcome of the end-to-end Balance Sheet Management processes within Finance. And also owns the process output performance in terms of client service, financial performance and risk where appointed as Process Owners.
* Operate 1st line responsibilities of Process owners as outlined under Operational Risk Framework (ORF) and associated policies and procedures. Including, but not limited to the following:
- Identify, assess, treat and monitor significant operational risks
- Submit gross risk and residual risk ratings with rationales for approval by authorized Risk Owners
- Propose risk acceptance requests with justification to the authorized risk acceptance authority and abide by any conditions of acceptance
- Promptly execute any remediation or risk treatment actions in order to remain within risk tolerance
- Record and maintain a record of all formal risk assessment and risk acceptance decisions in the Operational Risk systems
* To back up line manager whenever necessary

Selection Criteria:

1. Bachelor degree majoring in Finance or Accounting related
2. At least 12 years working experience in financial institution or international audit firm (with exposure to banking industry)
3. Familiar with balance sheet and capital management in a commercial bank
4. Experience in managing a small team of qualified members
5. Good communication and interpersonal skill
6. Strong team work spirit
7. Quicker learner, self-motivated and able to work under pressure
8. Excellent spoken and written English

Key Roles and Responsibilities

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Qualifications and Skills

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Diversity and Inclusion

Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.