Manager, Cib Credit Model Validation

Singapore, Singapore

Job Description


Role Responsibilities

  • This is a role with experience in statistical and financial models and is expected to produce high quality model validation of credit risk models through quantitative and qualitative analyses with regulatory compliance and internal standards in mind. Well-written reports are prepared for various stakeholders. Effective engagements with model developers in a timely manner are required to ensure that validation findings are communicated and addressed.
  • Provide oversight of the quality of model validations while performing quantitative and qualitative analyses of new and existing corporate, institutional and commercial IFRS9 and IRB models, including other risk models.
  • Proactively conduct research related to modelling methodology and provide subject matter expertise.
  • Conduct reviews of analyses and reports while at the same time assessing relevant regulatory requirements and internal standards.
  • Manage and support stakeholder engagements in effectively communicating validation findings and in suggesting possible solutions.
  • Ensure complete and accurate documentation and timely delivery of model validations and other projects.
  • Perform analysis to support GMV management during an ad-hoc project or special investigation.
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 the team 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.
Key stakeholders
  • Credit Model Assessment Committee (CMAC), Delegated Model Authority (DMA), CCIB Model Development, Model Monitoring, GIA, external auditors, Group regulator, local regulators
Our Ideal Candidate
  • Strong technical and quantitative skills with academic background in Finance, Accounting, Engineering, Mathematics, Statistics or Econometrics.
  • Masters degree or higher qualification in a quantitative discipline, FRM and/or CFA qualifications are desirable.
  • Intermediate to advance level of SAS, including R and/or Python programming skills.
  • 5+ years of experience in financial, economic and/or credit modelling with experience in corporate and institutional PD, LGD and EAD model validation or development; knowledge and experience in economic capital and loan impairments modelling are a plus.
  • Good communication skills.
  • Strong problem-solving skill with keen attention to details.
  • Multi-cultural awareness and sensitivity.
Role Specific Technical Competencies
  • Business Facilitation: Leading initiatives to minimise Client Risk, mitigate potential financial losses.
  • Management of front-line risk: Fraud, Credit, Trade Documentation, Investigations.
  • Facilitating effective coordination between business and functions.
  • Investigations: Investigative mindset.
About Standard Chartered
We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 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
  • Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
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, parental/maternity (20 weeks), sabbatical (12 weeks 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website www.sc.com/careers

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Job Detail

  • Job Id
    JD1340692
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Singapore, Singapore
  • Education
    Not mentioned