Model Developer, Enterprise Risk Analytics
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 The Portfolio Risk Models team in Enterprise Risk Analytics is responsible to design and implement traded risk models. The team work on market and counterparty credit risk models as well as models used for stress testing.
- Develop, implement, test and document risk measurement methodologies across all markets/asset classes and different portfolio models.
- To support the implementation of a robust risk measurement and exposure capture framework for the purpose of effective risk management and regulatory capital calculation.
- Support implementation of risk models in the modelling and analytics platform.
- Work closely with the business, risk managers and other stakeholders on risk solutions for complex & structured transactions.
People and Talent Consulted on aspects of maintaining a team with high proficiency for developing and implementing portfolio risk models. For example, by performing interviews.
Risk Management Consulted on all aspects of risk management that fall within the portfolio risk modelling team's remit.
Governance Consulted on all aspects of governance that fall within the team's remit.
Regulatory & Business Conduct - Display exemplary conduct and live by the Group's 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 - Traded Risk Management
- Model Validation
- IT/STRATs teams
Other Responsibilities - Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
Our Ideal Candidate - Knowledge of mathematics, particularly statistics.
- Knowledge of risk modelling techniques, e.g. in: risk factor simulation modelling, market risk modelling, counterparty credit risk modelling, derivatives pricing.
- Experienced user of at least one programming language (Python, R, C++/C#).
- Experience implementing models in a production-like setting.
- Experience with Latex for documentation of models.
- Prior experience with SIMM, Stress Testing or FRTB.
- Experience with functional programming.
- Higher degree (MSc, PhD, DEA) in highly numerical subject such as mathematics or physics.
Apply now to join the Bank for those with big career ambitions.
