Senior Manager, Model Monitoring Jobs in Bangalore at Standard Chartered

Last Updated: Sep 11, 2021 05:10 IST

JOB DETAILS

Company Name
Standard Chartered
Job title
Senior Manager, Model Monitoring
Role
Education
Experience
7-10 Years
Salary
Not Mentioned

Job Profile



About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities


Strategy

  • Monitor credit risk IRB and IFRS9 models for the measurement of PD, EAD and LGD for the bank&rsquos wholesale portfolios

  • Work on the end-to-end model monitoring (PD, EAD, LGD) cycle, from data gathering and cleansing to thedocumentation 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 IRB CRR and EBA requirements


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


Risk Management

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


Governance

  • Ensure the monitoring process and models meet the Bank&rsquos 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&rsquos 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
QUALIFICATIONS:

  • Has a 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/validating/monitoring predictive models

  • 7-10 years of experience in a Wholesale model development/validation/monitoring role



Apply now to join the Bank for those with big career ambitions.
To view information on our benefits including our flexible working please visit our . We welcome conversations on flexible working.

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OTHER DETAILS

Key skills
Senior Manager
Industry
Banking/ Accounting/ Financial Services
Summary
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East. To us, good performance is about much more than turning a profit. It's about showing how you embody
Last Date
2021-10-19

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