Director, CIB Model Development
ConfidentialBengaluru / Bangalore, India6 days ago
Job descriptionManage multiple model development project for the credit risk IRB, IFRS9 and Pillar 2 Stress Testing models for the measurement of PD, EAD and LGD for the wholesale portfolio. 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. Lead the implementation and user acceptance of multiple models assigned to ensure models are appropriately implemented not only within the direct system environment but also its relevant downstream environments. Lead through example and demonstrate the bank's culture and values. Ability to coach, mentor and guide a team of associate directors, managers and analysts to drive high performance and develop the learning culture Understand Model related uncertainty risk such as data, regulatory, business strategy, that have a direct impact on the model's performance. 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, inletter 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. Group Model Validation, Model Sponsors and Owners, Model Risk Management Master's 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 advantage. Software Skills : SAS, Python, R Strong communication skills Statistics Proficiency in SAS / R / Python or other statistical package Knowledge of Basel / CRR / EBA and IFRS 9 regulations Analytical Experience in wholesale banking. Experience 12+ years 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 Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations. Time-off including annual leave, parental / maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along 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.
Job Summary
- Manage multiple model development project for the credit risk IRB, IFRS9 and Pillar 2 Stress Testing models for the measurement of PD, EAD and LGD for the wholesale portfolio.
- Lead continuous improvement efforts through research on techniques, process and domain.
- Manage and execute end to end model development projects for multiple models. The responsibility will also include efforts on data preparation, documentation, leading presentation with the expert panel, enable decisions from expert panel and relevant stakeholders during the development lifecycle.
- Adopting best coding standards and automation to help create and maintain coding repositories for various methods used across modelling team.
Key Responsibilities
Strategy
Business
Processes
People & Talent
Risk Management
Skills And Experience
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
Key stakeholders
Qualifications
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 170 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents and 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 behaviours. When you work with us, you'll see how we value difference and advocate inclusion.
Together We
What We Offer
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
Skills Required
Sas, Statistics, Python
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Director Development • Bengaluru / Bangalore, India
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