Associate Director, Ccib Model Monitoring

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 Elevate the current monitoring outputs to best-in-class by adding analytical insights Have good understanding specifically of IRB CRR and EBA requirements About Corporate and Investment Banking CIB For more than 170 years we ve support clients with their transaction banking financial markets corporate finance and borrowing needs and provide solutions to nearly 20 000 clients in the world s fastest-growing economies and most active trade corridors Key Responsibilities 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 design Processes- 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 requests Regulatory Business Conduct- Display exemplary conduct and live by the Group 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 Regulators Skills and Experience Has a degree preferably postgraduate in a quantitative discipline e g Mathematics Economics Statistics Computer science Financial Engineering with a clear ability for analysing data and developing validating monitoring predictive models 7-10 years of experience in a Wholesale Banking model development validation monitoring role 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 Ensure that all monitoring results and analysis comply with the Group monitoring standards Have good understanding specifically of IFRS9 and IRB CRR requirements 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 design Understand Model related uncertainty risk such as data regulatory business strategy that have a direct impact on the model s performance 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 requests 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 26010