• Senior Manager - Group Model Validation Jobs in Hong Kong

  • Standard Chartered Bank Ltd
  • Hong Kong

Job Description:

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 Its 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

Were 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

You will work on a variety of statistical models and decision making systems covering many aspects of the model life cycle These include data management, methodology, programming, quantitative assessment, governance and compliance to standards The successful candidate will exhibit a pro-active business engagement strategy with responsibilities for the development and maintenance of a robust model risk measurement and reporting system Key aspects of the role include

Independent evaluation of credit risk models for capital, accounting and stress testing purposes
Assessment of changes to existing models and related risk data and infrastructure
Evaluation of monitoring and other governance frameworks related to models
Assist with the delivery of the validation plan, potentially leading analysts to manage project timelines
Qualitative review of model development process including underlying assumptions & theoretical basis
Quantitative assessment of model performance via data evaluation and statistical testing
Coordination with model development team and other stakeholders on model issues, achieving suitable resolutions
Documentation of findings, communication of results to senior management and presentation to committees
Interpretation of new model regulations and latest industry information

Our Ideal Candidate

Essential

At least graduate level qualifications in statistics, finance, econometrics or related quant field
Expertise in analytics, developing or validating statistical models within banking industry
Good understanding of retail credit risk, retail banking products and flow of transactions
Ability to represent the department at model committee meetings
Experienced in the calibration, development or analytical review of credit risk / credit risk models
Proficient in statistical and data analysis using data management software including SAS and Excel
Ability to understand and interpret credit risk regulatory requirements and explain such interpretation to stakeholders and senior management
Knowledge of banking data and IT infrastructure, including data management and data quality control
Effective presentation and business engagement skills at senior executive level
Team leadership and supervisory experience, with strong project management skills
Strong focus on quality control and attention to detail

Desired

Post graduate qualifications in statistics, banking, finance, econometrics, mathematics or related quant field (MSc, PhD)
Understanding of the regulatory environment related to credit risk modelling and experience in dealing with regulators on complex technical issues will be highly regarded
Exposure to developing and automating risk MIS / model performance monitoring
Advanced VBA or other programming skills

Apply now to join the Bank for those with big career ambitions

Profile Summary:

Employment Type : Full Time
Eligibility : Any Graduate
Industry : Banking
Functional Area : Accounting/Tax/Company Secretary/Audit
Role : Cost Accounting/ ICWA
Salary : As per Industry Standards
Deadline : 18th Mar 2020

Key Skills:

Company Profile:

Company
Standard Chartered Bank Ltdarfix

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