Director & Head, Liquidity Risk Management, Treasury India Hub

Job Summary

•    Treasury works closely with senior management, the businesses, Country CEOs / CFOs, and Finance to manage and promote the bank’s liquidity, capital, and balance sheet position. Treasury is laser-focussed on its vision to be “Open, progressive and trusted, working commercially with our partners” to create sustainable value by balancing the supply and demand of liquidity and capital.
•    Within Treasury (which comprises Capital, Liquidity & Markets), the Treasury Liquidity function is responsible for driving the strategic liquidity agenda and Interest Rate Risk in the Banking Booking (‘IRRBB’). 
•    The Head of Liquidity Risk Management, India hub will play a pivot role in supporting the Global Head of Treasury Liquidity in advancing the Group’s balance sheet risk management and optimisation agenda across 3 pillars – Liquidity Risk Management (LRM) and IRRBB.  For LRM, the hub will co-lead to establish and implement an effective framework for measuring and monitoring funding and liquidity risk across the Group and throughout the stress continuum both in BAU to Recovery & Resolution planning (RRP).  For IRRBB, the team will help govern and enhance framework and analytics that measure and manage impact of interest rate movements on the banking book, ensuring robust risk insight and regulatory alignment.    

Key Responsibilities

Strategy
•    Keep up to date with the Group’s business strategy (incl. SC Ventures) and ensure the liquidity, IRRBB & FTP frameworks are aligned to that.
•    Partner with the Global Head of LRM in providing relevant inputs / guidance into Corporate Planning / Funding Planning process to ensure the liquidity risk is adequately captured.  
•    Identify key levers and emerging risks in relation to Group’s funding profile (e.g., due to change in market conditions or regulation) and present tangible and executable options to GALCO.  
•    Identify processes that can be migrated to the India Hub from both Group and Country.   
Business
•    Keep up to date with the Group’s business strategy (incl. SC Ventures) and ensure the liquidity and IRRBB frameworks are aligned to that.
•    Awareness and understanding of the wider business, economic and market environment in which the Group operates, with a focus on the Group’s participation in the Digital Assets and platforms space.
•    Provide support to Global Head, LRM in leading engagement with business stakeholders to understand the products and balance sheet needs, to interpret the risks, design and implement new/updated liquidity and funding metrics.
•    Lead the engagement with businesses on balance sheet optimisation strategies including but not limited to asset & liability mix to manage liquidity and IRRBB while optimising returns.  
Processes
LRM
•     Framework & Governance :  
      Lead the establishment and ongoing enhancement of the liquidity and funding risk framework, including policies, standards and control mechanisms aligned to ERMF provisions. Own the development and maintenance of the Liquidity Risk Policy, Funding Standards and associated governance documentation, ensuring full compliance through self-assessments, RCSA, ORF support, KCI testing and audit readiness. Oversee limit setting (BRA limits, triggers, flags), ongoing monitoring and escalation protocols, while coordinating with stakeholders on new product approvals, GALCO and BRC submissions, annual disclosures and investor relations reporting. 

 

•     Modelling & Methodology
      Design, develop and continuously enhance the liquidity risk measurement framework, including the methodologies and models underpinning key liquidity metrics and stress testing. Ensure models remain robust, data-driven and aligned to evolving regulatory standards and internal risk appetite, while providing analytical support to validate and refine assumptions across different liquidity scenarios. 
•     Stress Testing & Scenario Analysis :  
      Lead liquidity stress testing and scenario analysis, developing and maintaining advanced simulation tools (incl. TWT) for ILAP, recovery, resolution and regulatory exercises. Design and configure scenarios, run analyses, present results and support MAS IWST, ICAP, BoE RST, fire drills and VIR. Embed collateral optimisation via active participation in global collateral initiatives. 
•     Regulatory Compliance :  
      Drive regulatory compliance through policy interpretation, documentation and alignment with the Prudential Compliance Framework and attestations. Lead LSREP submissions, support regulatory and special audits (e.g. Section 166), and engage proactively with regulators through advocacy, consultations and industry forums. 
•     Liquidity Technology Journey : 
      Shape the liquidity technology journey by defining the strategic target state for platforms and consolidating liquidity requirements across the group. Drive prioritisation, validate system changes, and support testing to ensure fitness for purpose. Develop the target operating model for liquidity reporting and continuously review reporting processes for efficiency and accuracy. 
People & Talent
•    Lead a diverse team of skilled and experienced people in India.
•    Optimise team structure to enhance collaboration both within Treasury and with key partners in Finance, CPM, Technology and Change in India and the clusters.  
•    Attract, retain and develop talent to build a team with a diverse set of skillsets and core functionalities to create multiple approaches to problem solving.

 

•    Lead through example by building the appropriate culture and values; and set appropriate tone and expectations from the team.
•    Ensure the provision of ongoing training and development of people and ensure that holders of all critical functions are suitably skilled and qualified for their roles ensuring that they have effective supervision in place to mitigate any risks. 
•    Set and monitor job descriptions and objectives for direct reports and provide feedback and rewards in line with their performance against those responsibilities and objectives
Risk Management  
•    Oversee enterprise-wide liquidity and interest rate risk in the banking book ensuring alignment with risk appetite and regulatory requirements.  Monitor, measure and manage exposures, set limits, and perform scenario analysis and stress testing.  Maintain robust frameworks, policies and governance, validate models, provide insights for strategic planning and support senior management, GALCO/ALCO and regulators on risk mitigation , reporting and capital optimisation.
Governance
•    Assess the effectiveness arrangements to deliver effective governance, oversight and controls in the Liquidity, Funding Risk and IRRBB frameworks and, if necessary, oversee changes in these areas
•    Understand the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role. 
•    Contribute to delivering ‘effective governance’ by actively challenging Treasury / Business / Risk counterparts; and willingness to work with the Prudential Regulatory Authority in an open and cooperative manner.
Regulatory & Business Conduct
•    See Risk Management section above for regulatory deliverables.
•    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/Committees
•    Global Treasurer
•    Treasury Liquidity, Capital, Recovery & Resolution Planning, Issuance, Markets
•    Regional & Country Treasury teams
•    Business stakeholders in CCIB, CPBB and SC Ventures
•    CPM and FRM
•    Financial Planning & Analytics
•    Country & Business Finance
•    Various other Finance teams (e.g., Regulatory Reporting, BSA and Disclosures)
•    Treasury CRO
•    Technology & Change organisation
•    Investor Relations
•    Rating Agencies, Investors
•    Regulators
•    GALCO
•    Board Risk Committee (BRC)
•    Digital Asset Risk Committee (DRC – attending as permanent invitee)

Skills and Experience

•    Balance Sheet Management
•    Funding & Liquidity Risk
•    Funding & Liquidity Regulations
•    People management
•    Interest Rate Risk in the Banking Book
•    Funds Transfer Pricing
•    Product / Business Knowledge
•    Strategic Change Leadership
•    Financial Reporting and Performance Management
•    Planning, Modelling, Forecasting
•    Banking Technology Infrastructure

Qualifications

•    Degree in Finance (MBA) / Economics / Quantitative fields from a reputed institution.
•    Finance Professionals (Qualified Chartered Accountant) or Certifications like FRM, PRM or CFA is advantageous
•    Over 15+ years proven experience in Treasury Liquidity, Balance Sheet Management, Asset & Liability Management and/or Finance / Risk with strong understanding of FTP, Funding & Liquidity Regulation, Balance Sheet & Sources / Uses of Funding from top-tier banks / consultancy firms
•    Familiarity with banking book and trading book products and their impact on balances sheet, as well as funding requirements that arise from off-balance sheet positions
•    Good knowledge of cash flow modelling, liquidity risk, predictive models, trade simulations and Funds Transfer Pricing (FTP) mechanisms.
•    Experience in data analysis, data architecture, data transformations, building end to end inhouse data flows (pipes) from source to output, in a bank environment is advantageous
•    Ability to understand, define and articulate business requirements in a clear, precise manner (with project management experience is advantageous).
•    Experience in dealing with strong stakeholders, both quantitatively and qualitatively.
•    Ability and proven leadership skills to lead large teams across multiple locations.
•    Good stakeholder management, able to see the commercial value on business intent whilst able to translate the impact on funding sources.
•    Ability to think objectively and commercially to help identify solutions to potential problems or emerging risks on the horizon via funding simulations and contingency planning
•    Experience with writing and presenting qualitative papers and presenting a plan, and reasons for deviations to that plan to Executive/Board level.
•    Ability to scope and conduct data intensive numerical studies and present the results in a concise and clear manner to audiences.
•    Able to work independently yet a great team player.
•    Proven track record of leading global teams & high performance