Manager, CIB Model Monitoring

This job is with Standard Chartered Bank, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.Job Summary Monitor credit risk IFRS9 and IRB models for the measurement of PD, EAD and LGD for the bank's CIB portfolios.Work on the end-to-end model monitoring (PD, EAD, LGD) cycle, from data gathering and cleansing to the documentation and presentations to key stakeholders.Strategy• Monitor credit risk IFRS9 and IRB models for the measurement of PD, EAD and LGD for the bank's CIB portfolios.• Work on the end-to-end model monitoring (PD, EAD, LGD) cycle, from data gathering and cleansing to the documentation and presentations to key stakeholders.• Elevate the current monitoring outputs to best-in-class by adding analytical insights.• Have good understanding specifically of IRB CRR and EBA requirements.Business• Ensure the monitoring outputs are fit for purpose not only for regulatory capital and ECL estimates but also for daily business usage, underwriting decisions, risk appetite decisions and strategy designProcesses• Ensure that all monitoring results and analysis comply with the Group monitoring standards.People & Talent• Hands on experience and proficiency in Python is essential and preferably in SAS also.• Experience in Tableau would be a plus.Risk Management• Understand Model related uncertainty risk such as data, regulatory, business strategy, that have a direct impact on the model's performance.Governance• Ensure the monitoring process and models meet the Bank's Model Risk Policy and Model Family Standards• Provide timely and high-quality responses to both internal and external queries and requestsKey Responsibilities Regulatory & Business Conduct• 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• Group Model Validation, Model Sponsors and Owners, Model Risk Management, Internal and External Audit and RegulatorsOur Ideal Candidate Candidate should have 3-5 years' experience in modelling roles, preferably in BFSIShould have excellent coding and analytical skillsAbout 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:Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we doNever settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so wellAre better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long termWhat 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.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 toolkitsA 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.