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About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Develop credit risk IRB, IFRS9 and Pillar 2 Stress Testing models for the measurement of PD, EAD and LGD for the Corporate, Institutional, and Commercial book
Continuously improve the models' performance and research on the latest modelling methodology and best industry practices, while meeting all regulatory and data constraints.
Work on the end-to-end model development (PD, EAD, LGD) cycle, from data gathering and cleansing to the
documentation and presentations to key stakeholders
Maintain and continue to upgrade the models based on model users and regulatory feedback and on-going model performance monitoring.
Ensure the model outputs are fit for purposes not only for regulatory capital and ECL 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.
People and Talent
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.
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.
Be compliant to home and host regulatory requirements on modelling
Group Model Validation, Model Sponsors and Owners, CIC Business & Credit, Model Risk Management
Our Ideal Candidate
Strong degree (preferably postgraduate) in a quantitative discipline (e.g. Mathematics, Economics, Statistics, Computer science, Financial Engineering, Engineering) with a clear ability for analysing data and developing statistical predictive models
Analytical and independent thinker with strong written and verbal communication skills
Knowledge of banking risk management and Basel/CRR/EBA/IFRS 9 would be a plus.
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6306231
About Standard Chartered Bank
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