Associate Manager, Gbs Model Risk Reporting

Key Responsibilities MRM Strategic Enhancement Programme MRMSEP and Other Streamlining Initiatives Where required support various enhancement initiatives planned under the MRMSEP such as model issue management BCBS 239 Model Inventory GAME enhancements etc Where required support the BCB239 implementation for Model Risk by contributing to the various risk data governance requirements such as identification of critical date elements CDEs and critical risk measures CRMs defining crisis events drills etc Where required support the GAME Model Inventory Platform Dashboard enhancements Collaborate with GAME development team where needed Support the efforts to improve and streamline existing processes and contribute to building standard templates procedures and practices to provide an efficient oversight to the model life cycle Governance Where required support the review of performance monitoring results for model families Where required ensure that outcomes delivered including necessary controls are fit for purpose and meet regulatory requirements and ensure the Bank s risk governance disciplines are adhered with Support through awareness and understanding of the regulatory framework specifically FED SR 11 7 or PRA SS 3 18 in which the Group operates and the regulatory requirements and expectations relevant to the role Support changes in the Group s arrangements to deliver effective governance oversight and controls in accordance with model risk governance and risk reporting responsibilities Regulatory Analysis and Updates Coordinate and provide periodic updates to senior management on upcoming regulatory changes and its impact on the functioning of MRM frameworks Support the coordination of regulatory capital analysis consultations responses impacting risk models policies and processes for the ERM function Skills and Experience Business To deliver quality reports in a timely manner with analytical insights for both internal and external stakeholders Build stronger relationship with all stakeholders Provide subject matter expertise and address ad-hoc reporting requirements Continuously work towards improving risk data quality with infrastructure and other risk teams Work with project change technology credit risk and monitoring teams on changes impacting our reporting and credit risk systems framework User testing for project releases migration projects BAU enhancements Establishing material impact of the systemic issues following through on closure People Talent Continued focus on recruitment and team diversity ensuring balance of team demographics Continue to attract motivate and retain superior talent in teams under management Lead through example and build the appropriate culture and values within the Risk function and across the wider organisation Ensure backup staff is identified and trained Ensure succession planning for the processes handled at GB Risk Management To continuously work towards improving the control environment in credit risk reporting Ensure completeness accuracy and timeliness in all Regulatory Reporting Escalate or engage appropriate stakeholders to ensure timely remedial actions and escalation of situations that pose significant risk Governance Understand the credit risk policy and standards risk reporting and data quality management standards and application of the operational risk policy and standards across team activities Ensure the end to end reporting process has no loopholes Identify gaps and find ways to address Participate in internal and external audits as directed GBS RRSD Unit comes under the Group Risk and CFCR Function It handles wide spectrum of activities to support multiple PRTs risk reporting and allied activities This role focus is to support all reporting requirements for Model Risk including data analysis data manipulation data collation and report creation documentation RESPONSIBILITIES Oversight Reporting primary responsibilities Prepare monthly and quarterly model risk information reports RIRs oversight reports and any other ad-hoc reports as required This includes engagement with stakeholders for inputs and review challenge of progress updates provided by stakeholders against timelines Act as the primary point of contact for data and reporting on various model families within MRPG Provide inputs and manage queries relating to all model families as part of the various oversight and reporting activities Identify review and track model risk issues as part of oversight reporting activities ensuring issues are reported to senior management with remediation plans in place and tracked to completion Identify review and track various model inventory data quality issues during the reporting process and ensure these are reported to relevant stakeholders with periodic follow-ups to bring them to closure Support all data reporting activities including amalgamation of data from disparate sources creation of trend analysis change commentary and investigation of data anomalies or data quality issues Identify potential options to streamline the reporting process thereby reducing overall timelines to ensure greater efficiency for the reporting team Ensure all reporting processes are fully documented and recorded in the appropriate format thereby supporting knowledge-sharing across the team Maintain Frameworks Policies and standards Provide ongoing support for the implementation of RCSA controls operational risk controls control tests key control indicators for policy compliance and residual risk assessments across all model families Strategy To understand reporting requirements from group country teams and translate them into effective and efficient risk reports Ensure appropriate BAU controls are being established within RRSD and deployed effectively in GBS To improve efficiency in BAU activities through automation or collaboration with other risk reporting teams and across borders Support projects and initiatives by building compelling use cases and requirements for chang 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 Key stakeholders Model Risk Management Team Members of ERM Management Team Policy Owners Model Sponsors and Global process Owners Country CRO RFO Governance teams Enterprise Risk Analytics Team Independent Review Function Financial Markets COO team Model Analytics Group MAG FM Internal Audit - Functions Group OR and other business COOs Other Responsibilities Participate in GRS CSR initiatives Participate in engagement activities Be motivated and actively engage in activities like innovation and automation initiatives To hold assigned roles of First Aider Fire Warden ADCC as appropriate and discharge the expected responsibilities Qualifications Postgraduates Professional qualification with -9 yrs experience Minimum 4-5 years of experience in Model Risk Management General Skill Set In-depth knowledge of Risk Reporting techniques and processes gained ideally within a large financial institution Excellent knowledge and practical experience of data manipulation analysis and amalgamation Analytical mindset - Able to detect outliers by observing movements and trends in data Be able to investigate issues and identify the drivers Ability to explain complex matters in simple and intuitive terms Ability to track and report progress updates of multiple areas against milestones and highlight key issues Able to work with tight deadlines and multiple demands Excellent communication skills - verbal and written Hands-on Tooling recommendations - Programming skills in Python VBA API Microsoft Access PowerPoint Visualisation Tools Tableau PowerBI Workflow Automation Tools RPA SharePoint Designer Devops JIRA Git Genkins CICD knowledge of AI ML will be an added advantage Works well individually as well as part of a team especially across borders Able to meet tight deadlines with minimal direction Inquisitive with attention to detail Proactive attitude towards work Problem solving ability Demonstrates understanding of and commitment to the Group s core values SKILLS AND COMPETENCIES Manage conduct Manage conduct Manage risk Manage people Fm products Problem Solving skills Sas python sql 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 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 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 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 34010