Job Description

Job : Risk
Primary Location : Asia-Malaysia-Bukit Jalil KL
Schedule : Full-time
Employee Status : Permanent
Posting Date : 06/Jan/2023, 12:04:48 AM
Unposting Date : Ongoing


Role Responsibilities Model Risk Framework & System is part of the broader Enterprise Risk Management organization within the Risk & Compliance Division. The function manages platforms that model risk platforms and its governance. The function supports the business in the use of the model risk platforms to manage their model portfolios and alignment to policy, standards and the model lifecycle. The Manager, Data Initiatives, Model Risk Framework and System, will support the team and colleagues in their role of managing and improving model risk platforms data requirements;

• Data business analysis and solution definition
• Data sourcing strategy, implementation and coordination
• Data delivery, process maintenance and support
• Ongoing review, tracking, testing and monitoring of the data pipeline

Strategy

• Assess problem statements, business requirements & propose potential solutions in the domain of Model Risk Management
• Research, design, implement and validate analytics and data visualization techniques to meet model risk reporting requirements
• Work with partner teams to create and build next generation data products and analytics solutions
• Contribute/lead development of prototype solutions coordinating with other teams as appropriate, demonstrate to users and gather feedback
• Conduct thorough validation, testing and data quality checks to ensure accurate and value adding solutions being delivered
• Project planning and execution to ensure requirements are met based on priorities

Business

• Work collaboratively with a wide range of stakeholders, across all seniority levels, to address urgent and strategic risk management needs
• Coordinate with various teams such as IRB, IFRS9 and Stress Testing to establish how existing results/analytics or processes can be leveraged
• Provide timely and high-quality responses to model risk platforms data queries and requests
• Lead and provide Business Analysis across model risk platforms data solutions.
• Undertake critical projects and ad-hoc model risk platforms requests as they arise
• Prepare, lead and communicate meetings, working group and approvals to meet business requirements
• Be able to clearly explain issues identified, along with the risk and causes to stakeholders, using language designed to be understood by non-experts

Processes

• Understand the model risk business and data requirements, and appropriately update data requirement documentation
• Understand the lifecycle of model risk and model development which drives the data transformations and data storage
• Work with technology teams to source the required data into the model risk data store
• Work with data visualisation team to deliver final data products e.g. dashboard and reports using data in the model risk data store
• Prototype queries and logic using data from model risk data store to output reporting requirements on the visualisation tool
• Overall project and delivery management of reporting requirements for model risk
• Understand basic Basel capital rules for RWA and IFRS 9 ECL which are large model families
• Work on BCBS 239 data lineage and data quality enhancements for model risk
• Run BAU Python scripts monthly
• Ad-hoc data activities to support first line teams.
• Drive business enablement across model risk platforms - liaising with stakeholders, updating guidance material and communications for model risk platforms
• Participate in relevant model platform activities and its user acceptance testing to ensure key features are appropriately implemented
• Drive adherence to all internal and external regulations in model risk platforms solutions
• Embed Operational Risk monitoring as an integral part of the business process

People & Talent

• Engage with all model risk platforms data stakeholders for efficient communication and implementation of deliverables, and facilitate issue resolution
• Build a transparent and collaborative culture in which incentives are based on support of model risk platforms data with specific performance metrics on the Bank\'s values.
• Lead through example and build the appropriate culture and values. Work in collaboration with Team and other required stakeholders as deem fit.
• Encourage and promote an active training and learning environment to facilitate excellence in risk management, risk awareness, behaviours and accountability.

Risk Management

• Assist with ongoing improvements of model risk platforms and data
• Assist with training and educating of the model risk platforms data and reporting
• Monitor all model risk platforms data risk and issues. Where appropriate, direct remedial action and/or ensure escalation

Governance

• Ensure the adherence to Group BCBS 239 standard when appropriate
• Provide timely and high-quality responses to both internal and external queries and requests.
• Embed the Group\xe2\x80\x99s values and code of conduct in the country fraud risk management team to ensure that adherence with the highest standards of ethics, and compliance with relevant policies, processes and regulations among employee\xe2\x80\x99s forms part of the culture.
• Accountable for satisfactory closure of issues / gaps arising from Internal Audits, peer reviews and regulatory reviews for the areas of work.
• Adherence to confidentiality agreement always.
• Adherence to Group Policy and Code of conduct always.

Regulatory & Business Conduct

• Display exemplary conduct and live by the Group\xe2\x80\x99s 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

• Internal/External Stakeholders: Information Technology, Data Strategy, Data Support, Data Visualisation, Model Families, Model Risk Policy & Governance, Model Development, Group Model Validation, Group Internal Auditing, Commercial & Retail Risk, Group Operational Risk

Our Ideal Candidate Qualifications

• Bachelor or Master\xe2\x80\x99s degree with technical degree preferred (statistics, mathematics, computer science, etc.)
• Working experience in Model Risk Data/Information within banks and broad knowledge of model risk management, processes and associated risks and control requirements
• Hands-on experience in data used for models development and best practices in data management
• 8+ years of experience on risk management and credit risk regulation
• Understanding of regulatory guidance and requirements around model risk management
• Expert programming experience using SQL, Python, SAS and/or R
• Expert in Data Analysis, Data Quality and requirements gathering
• Strong analytical mindset with excellent analytical, logical, reasoning and problem solving skills.
• Advanced experience with SQL, Microsoft Excel, Reporting tools
• Experience with collaboration software such as SharePoint, Confluence, Social Intranets
• Experience leading, working and participating in Project environments - Waterfall and Agile
• Documentation of deliverables, issues and agree resolution plans
• Preparation and leading meeting with slides, minutes, and relevant papers
• Microsoft Office including PowerPoint skills are essential
• Ability to generate risk dashboard using data visualization tools i.e. Tableau
• Engage senior stakeholders effectively and maintain productive working relationships
• Expert in presenting difficult concepts in a clear and concise way
• Analytical, problem-solving skills
• Focused and organised, with the ability to prioritise and deliver effectively
• Ability to respond quickly in a fast-moving environment
• A great communicator (and you know how to handle challenging situations)
• Team oriented, while able to complete tasks independently
• Self-motivated person with a high level of drive, dedication and desire to excel consistently

Role Specific Competencies

• SQL, Python, SAS and/or R
• Model Risk Management Data
• Data Visualisation, Excel
• Stakeholder Engagement and Management
• Requirements Gathering and Business Analysis
• Data Quality and Regulations
• Project and Meeting management
• Knowledge of Model Family\xe2\x80\x99s; Retail, Credit, Market, Traded, FM
• English Proficiency (writing/Speaking)
• Content & Collaboration tools; SharePoint, Confluence

About Standard Chartered
We\'re an international bank, nimble enough to act, big enough for impact. For more than 160 years, we\'ve 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 opportunities to grow and do better than before. If you\'re 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 can\'t wait to see the talents you can bring 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, you\'ll 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 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-help toolkits
• 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 you\'ve applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers