Director, CCIB Model Development

Job Description

Strategy

• Develop credit risk IRB, IFRS9 and Stress Testing models for the measurement of PD, EAD and LGD for the Corporate, Institutional, and Commercial book.
• Continuously improve the models performance and research on the latest modelling methodology and best industry practices, while meeting all regulatory and data constraints.
• Work on the end-to-end model development (PD, EAD, LGD) cycle, from data gathering and cleansing to the
• documentation and presentations to key stakeholders
• Maintain and continue to upgrade the models based on model users and regulatory feedback and on-going model performance monitoring.

Business

• Ensure the model outputs are fit for purposes not only for regulatory capital and ECL estimates but also for daily business usage, underwriting decisions, risk appetite decisions and strategy design.

Processes

• Participate in relevant model implementation and its user acceptance test to ensure models are appropriately implemented not only within the direct system environment but also its relevant downstream environments.

People and Talent

• Lead through example and demonstrate the banks culture and values.

Risk Management

• Understand Model related uncertainty risk such as data, regulatory, business strategy, that have a direct impact on the models performance.

Governance

• Ensure the modelling process and models meet the 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 Groups 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.

• Be compliant to home and host regulatory requirements on modelling

Key Stakeholders

• Group Model Validation, Model Sponsors and Owners, CIC Business & Credit, Model Risk Management

Role Specific Technical Competencies

• Statistics
• Proficiency in SAS/R/Python or other statistical package
• Knowledge of Basel/CRR/EBA and IFRS 9 regulations
• Analytical
• Machine learning techniques

Qualification

• Strong degree (preferably postgraduate) in a quantitative discipline (e.g. Mathematics, Economics, Statistics, Computer science, Financial Engineering, Engineering) with a clear ability for analysing data and developing statistical predictive models
• Analytical and independent thinker with strong written and verbal communication skills
• Knowledge of banking risk management and Basel/CRR/EBA/IFRS 9.

About Standard Chartered Were an international bank, nimble enough to act, big enough for impact. For more than 160 years, weve 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 opportunitiesto grow and do better than before. If youre 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 cant wait to see the talents you canbring 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, youll 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-helptoolkits
• 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 youve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an importantstage of our recruitment process.

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