Standard Chartered Bank is currently seeking a Senior Manager to join the Group Model Validation department. The Group Model Validation department handles the assessment of models servicing a wide range of activities across the Bank, including credit risk, market risk, economic capital, IFRS9, stress testing and other financial & statistical models.
This role is for the position of Senior Manager, Market Risk Model Validation. The successful candidate should have strong quantitative analysis skills and will be primarily responsible for the validation of market risk models.
Key Roles and Responsibilities
You will be required to validate a variety of market risk models (e.g. IMA VaR, Risk not in VaR). The validation will cover different aspects of market risk models including data management, methodology, quantitative assessment, governance and compliance to relevant standards.
Key aspects of the role include:
Perform an independent validation of market risk models that are used for regulatory reporting
Review the quality of data inputs that feed into the market risk models
Documentation of validation findings and communication of results to senior management and presentation to relevant committees
Manage and complete the market risk model validation from end to end
Recommend improvements in market risk models and validation process
Review regulatory requirements that are related to market risk models
Assist Head of Market Risk Model Validation in addressing concerns or questions relating to the market risk models
Qualifications and Skills
At least graduate level qualifications in statistics, banking, finance, econometrics or related quant field.
Expertise in analytics, developing or validating statistical models within banking industry.
Good understanding and experience in risk modelling and stress testing analysis
Proficient in statistical and data analysis using data management software including Excel and SAS.
Strong communication and project management skills
Strong focus on quality control and attention to detail.
Knowledge of banking data and IT infrastructure, including data management and data quality control
Effective presentation and business engagement skills at senior executive level.
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:
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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 24/09/2017. 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.