Job Description

Job : Finance
Primary Location : Asia-Singapore-Singapore
Schedule : Full-time
Employee Status : Fixed Term
Posting Date : 01/Feb/2023, 8:47:55 PM
Unposting Date : 16/Feb/2023, 5:59:00 PM


The Role Responsibilities

• This role is a key contributor to the Market Risk Analytics team (MRA). MRA is responsible for the definition of methodologies for portfolio market risk metrics (e.g., VaR, Expected Shortfall), supervision of the market risk model framework and compliance with regulatory requirements.
• We need a market risk quant to support the RFR transition for the Treasury Markets business. Key tasks include the testing and quantitative analysis on the model changes related to RFR transition, as well as the development and application of advanced data proxy models to the Risk Free Rates (RFR) time series used in the VaR and stressed VaR models.
• This role is a fixed term 1 year contract.

Our Ideal Candidate
The holder of the position must

• Be educated to at least the level of an MSc in a quantitative scientific subject including statistics and a research element.
• 8+ Years of working experience on market risk models or market risk management.
• Exercise sound judgment in assessing the strengths and weaknesses of VaR modelling approaches.
• Have strong technical writing and communication skills.
• Be able to work effectively with risk managers and other stakeholders.

Role Specific Technical Competencies

• Advanced degree, or equivalent, in a quantitative subject, mathematics or statistics.
• Has experience with simulation methods and model development.
• Good understanding of market risk and traded products.
• Experience with market risk models (e.g., VaR, RniV).
• Excellent technical writing skills.

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