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.