Senior Manager, Hedge Accounting Solutions

Job Summary

The Product Control GBS is accountable for delivery of the end-to-end product & valuation control functions in GBS and supervise different strategic initiatives for Treasury including Hedge Accounting Control & Solutions. We are seeking a dynamic and technically skilled professional to join our Treasury team. This role will play a pivotal part in expanding the Bank’s hedge accounting capabilities, developing compliant and commercially effective strategies, and supporting IFRS 9 transition initiatives.

The successful candidate will work for HA Control & Solution center of excellence, working closely with Technical Accounting, Treasury, IRRBB, Product Control, and other key stakeholders to deliver best-in-class hedge accounting solutions across the Group.

• Proactively identify and evaluate hedgeable exposures across the Bank to expand hedge accounting capacity; collaborate with IRRBB and Treasury to design strategies eligible for hedge accounting treatment.
• Support Proof-of-Concept (PoC) initiatives for new hedge strategies, including simulations and stress testing using in-house systems to assess hedge effectiveness through both automated and manual approaches.

• Partner with Technical Accounting, Group Reporting, and Product Control to drive compliance with applicable accounting standards (e.g., IAS 39, IFRS
  9).
• Help build robust valuation models for hedged risks to support prospective and retrospective hedge effectiveness testing, in collaboration with Valuation Control and other key stakeholders.

• Help Drive system enhancement efforts by shaping hedge-related functionality, drafting business requirements (BRDs), and overseeing UAT activities with Product Control, Treasury Change and IT teams.
• Design tactical interim solutions for early implementation of new strategies, including development of manual pricing rationale and reporting processes, in partnership with Product Control.
• Collaborate closely with regional and cross-functional teams (e.g., Treasury Market, IRRBB, local CFOs, TA, COO, VC) to deliver enterprise-wide hedge accounting initiatives.
• Position the Bank favourably for future changes, including driving IFRS 9 DRM transition readiness, including gap assessments, policy alignment, and solution design in partnership with Technical Accounting.
• Champion thought leadership, mentor peers, and support knowledge-sharing across regions.

• Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from the team and work in collaboration with risk and control partners across the organization.

• Prepare and present complex technical hedge accounting papers under IAS 39/IFRS 9 for internal stakeholders and external auditor endorsement.

• Identify opportunities for process improvements and drive initiatives to enhance efficiency and effectiveness.

• 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.
• Lead to achieve the outcomes set out in the Bank’s Conduct Principles.
• Effectively and collaboratively identify, elevate, mitigate and resolve risk, conduct and compliance matters.

• IRRBB, UK and regional
• Regional Treasurer
• Head and Directors, Treasury Market, Global
• Technical Accountant team, Singapore
• Valuation Control team, Singapore
• Treasury COO team, Singapore, India
• Treasury CFO team, Singapore
• Product Control, India
• Sabre Tech team, Singapore

• Bachelor’s degree in accounting, Finance, or a related field; a Master’s degree or professional certification (e.g., CPA, CFA) is strongly preferred.
• 6–8 years of experience in finance or accounting functions, with a strong preference for candidates with hedge accounting expertise.
• Deep technical knowledge of hedge accounting frameworks (e.g., IAS 39) and…