Associate Director, Cib Model Development

Job Summary Develop credit risk IRB IFRS9 and Pillar 2 Stress Testing models for the measurement of PD EAD and LGD for the wholesale portfolio Support continuous improvement efforts through research on techniques process and domain Execute end to end model development steps The responsibility will also include efforts on data preparation documentation presentation and maintaining minutes of key decisions made during the development lifecycle Adopting best coding standards and automation to help create coding repositories for various methods used across modelling team 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 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 Lead through example and demonstrate the bank s culture and values Understand Model related uncertainty risk such as data regulatory business strategy that have a direct impact on the model s performance 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 Key Responsibilities Strategy Develop credit risk IRB IFRS9 and Pillar 2 Stress Testing models for the measurement of PD EAD and LGD for the wholesale portfolio 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 Talent Lead through example and demonstrate the bank s culture and values 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 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 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 Fair Outcomes for Clients Effective Financial Markets Financial Crime Compliance The Right Environment Effectively and collaboratively identify escalate mitigate and resolve risk conduct and compliance matters Serve as a Director of the Board Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association or equivalent Key stakeholders Group Model Validation Model Sponsors and Owners Model Risk Management Skills and Experience Statistics Proficiency in Python Knowledge of Basel CRR EBA and IFRS 9 regulations Analytical Machine learning techniques Qualifications Master s Degree in Quantitative Discipline e g Mathematics Statistics Economics Financial Engineering Engineering Overall experience of 5- 9 years 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 skill 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 35309