The job holder will be required to validate different types of stress test models to ensure that the model performance has been independently checked as per relevant regulatory requirements. The successful candidate is expected to have a good understanding of the stress testing process and solid experience in developing or validating the stress test models used for market risk, counterparty credit risk and CCP, liquidity risk and capital forecasting. The job holder is also expected to have strong technical knowledge and be able to provide support / guidance to junior members of the Group Model Validation team.
Key Roles and Responsibilities
Subject-Matter-Expert in regards to the stress test models used in market risk, liquidity risk and bank-wide capital forecast
Lead a small team to perform model validation and manage all aspects of stakeholder engagement and model validation governance
Documentation of validation findings, issues and agree resolutions
Present validation findings to relevant model governance committees
Engage senior stakeholders effectively and maintain productive working relationships and resolve non-productive conflicts
Support Head of Group Model Validation in addressing issues/questions raised by Senior Management, auditors and regulators
Qualifications and Skills
Solid understanding of stress testing process and methodology in banking, focusing on market risk, liquidity risk, counterparty credit risk and capital forecasting & management
Extensive experience in developing or validating quantitative models (at least 8 years) in market risk, liquidity risk and capital forecast
Strong analytical and quantitative analysis experience
Postgraduate degree (or equivalent) in maths, statistics, finance or quantitative analysis
Project management skill (advanced level)
Self-motivated person with a high level of drive, dedication and desire to excel consistently
Focused and organised, with the ability to prioritise and deliver effectively
How To Apply
You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:
- You will need to log in (or register if you are visiting our careers site for the first time) before you can apply for a specific role
- Some roles may require you to undertake an online talent assessment in addition to completing the application form (to facilitate this process it is preferable that you provide us with an email address as part of your contact information) - We will ask you about your education, career history and skills and experience, it may be helpful to have this information at hand when completing your application
It usually takes 15 - 20 minutes to complete the application form; you can save your application at any time and return to complete it at your convenience.
The closing date for applications is 23/07/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.