Senior Manager - Model Development - ( 2000017116 ) Job Business Support and Management Primary Location ASEAN & South Asia-India-Bengaluru Schedule Full-time Employee Status Permanent About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation.
This in turn helps us to provide better support to our broad client base. The Role Responsibilities Strategy Lead global team members for development of credit risk IRB, IFRS9, Pillar 2 Stress Testing models for the wholesale portfolio.
Lead continuous improvement efforts through research on techniques, process and domain. Ensure timeliness and quality of execution and service delivery by team members for model development projects.
Lead discussions with various stakeholders including but not limited to Data Strategy, Business, 2nd Line of Defence, Model Auditors, Senior Management of the Development Group.
Ensure adoption of best coding standards, process discipline, domain awareness, regulatory knowledge, presentation, documentation by team members.
Business Ensure that models are fit for purposes not only for regulatory estimates but also for daily business usage, underwriting decisions, risk appetite decisions and strategy design.
Processes Participate in relevant model implementation and its user acceptance test to ensure models are appropriately implemented not only within the direct system environment but also its relevant downstream environments.
People and Talent Lead through example and demonstrate the banks culture and values. Risk Management Understand Model related uncertainty risk such as data, regulatory, business strategy, that have a direct impact on the models performance.
Governance Ensure the modelling process and models meet the Model Risk Policy and Model Family Standards. Provide timely and high-quality responses to both internal and external queries and requests.
Regulatory & Business Conduct Display exemplary conduct and live by the Groups 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.
Be compliant to home and host regulatory requirements on modelling Key Stakeholders Group Model Validation, Model Sponsors and Owners, Model Risk Management Our Ideal Candidate Masters Degree in Quantitative Discipline (e.
g. Mathematics, Statistics, Economics, Financial Engineering, Engineering) Knowledge of Regulatory and Risk management (e.
g. Basel, IFRS9, Stress Testing, ECL etc.) Experience of working in Wholesale Lending Risk Analytics will be an advanteg.
Experience in managing model development team members spread across multiple timezones is a must. Software Skills SAS, Python, R Strong communication skills Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our career pages. We welcome conversations on flexible working.