Director ,Advance Analytics and AI Applications Lead Risk & CFCC (Singapore, India)

Roles & Responsibilities

JOB SUMMARY

• This role could be based in Singapore and India. When you start the application process you will be presented with a drop down menu showing all countries, Please ensure that you select a country where the role is based.
• The role involves leading the development and maintenance of an AI agentic framework specifically designed for applications in Risk and Compliance, Financial Crime, and Conduct (CFCC). The individual will serve as a critical liaison between Risk Function Officers (RFOs) within the business and the IT AI teams. This position requires a deep understanding of both business needs and technical capabilities to ensure that AI solutions and advanced analytics are effectively integrated and utilized to enhance risk management and compliance functions.

Key responsibilities include:

• Overseeing the Design and Implementation of AI Frameworks: Leading the development, implementation, and continuous improvement of AI frameworks to ensure alignment with business objectives.
• Ownership of Advanced Analytics Development: Leading the development of advanced analytics capabilities, including machine learning models and forecasting algorithms, to enhance business intelligence and predictive capabilities.
• Development of Advanced Analytics AI: Owning the development and implementation of advanced analytics AI applications, ensuring they provide actionable insights and support decision-making processes.
• Facilitating Communication and Collaboration: Acting as a bridge between business stakeholders and IT professionals to ensure cohesive integration of AI solutions.
• Designing and Maintaining Business Prompts: Ensuring the optimal performance of AI business agents by designing, maintaining, and refining business prompts to enhance the accuracy and efficiency of AI responses.
• Senior Business Stakeholder Management: Managing relationships with senior business stakeholders to ensure their needs and expectations are met and to drive the strategic direction of AI initiatives.
• Prioritization of Use Cases: Prioritizing AI use cases to ensure that the most critical and impactful projects are addressed first, aligning with business goals and risk management strategies.
• Team Leadership: Leading a team of AI Prompt Engineers, overseeing their performance, and ensuring that prompt engineering efforts are effective and contribute to the overall success of AI applications.
• This role is pivotal in driving the strategic use of AI and advanced analytics in Risk and CFCC, ensuring that both AI and non-AI solutions are not only technically sound but also aligned with business objectives and regulatory requirements. The individual will be instrumental in leveraging advanced analytics to transform data into strategic assets that drive business performance and compliance.

​​​​​​​RESPONSIBILITIES
1. Strategy

• Develop and Execute AI Strategy: Formulate a comprehensive AI strategy for Risk and CFCC applications, ensuring alignment with overall business goals.
• Strategic Planning: Engage in strategic planning sessions with senior management to define AI objectives and roadmaps.
• Innovation and Continuous Improvement: Drive innovation in AI applications and continuously seek opportunities for improvement and optimization.

2. Business

• Liaison Role: Serve as the primary liaison between business stakeholders and IT AI teams, ensuring clear communication and understanding of business needs.
• Stakeholder Management: Manage relationships with senior business stakeholders, ensuring their needs and expectations are met.
• Use Case Prioritization: Identify, evaluate, and prioritize AI use cases based on business impact and strategic importance.

3. Processes

• Framework Development: Oversee the design, development, and maintenance of the AI agentic framework.
• Prompt Design and Maintenance: Design and maintain business prompts to ensure the optimal performance of AI business agents.
• Process Optimization: Continuously evaluate and improve processes to enhance the efficiency and effectiveness of AI applications.

4. People & Talent

• Team Leadership: Lead and manage a team of AI Prompt Engineers, ensuring they are motivated, skilled, and aligned with organizational goals.
• Talent Development: Invest in the development and training of team members to build a high-performing AI team.
• Collaboration and Coordination: Foster a collaborative environment that encourages coordination between business and IT teams.

5. Risk Management

• Risk Identification: Identify potential risks associated with AI applications in Risk and CFCC.
• Mitigation Strategies: Develop and implement strategies to mitigate identified risks, ensuring compliance with regulatory standards.
• Monitoring and Reporting: Continuously monitor AI systems for risk management and provide regular reports to senior management.

6. Governance

• Compliance: Ensure that all AI applications comply with internal policies, regulatory requirements, and industry standards.
• Policy Development: Develop and enforce governance policies for the use of AI in Risk and CFCC.
• Audit and Review: Conduct regular audits and reviews to ensure the integrity and effectiveness of AI systems and processes.

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.
• Lead to achieve the outcomes set out in the Bank’s Conduct Principles

Our Ideal Candidate

• 10 plus experience in advanced Analytics in a bank.
• Expertise in designing, developing, and maintaining AI frameworks, ensuring they meet business needs and technical requirements.
• Expertise in developing advanced analytics capabilities, including machine learning models and forecasting algorithms, to enhance business intelligence and predictive capabilities.
• Experience in Market Risk and Credit Risk Analytics Including Stress Test.
• Skills in designing and maintaining business prompts to ensure the optimal performance of AI business agents.

Role Specific Technical Competencies

• AI Framework Development.
• Market Risk and Credit Risk Analytics Including Stress Test
• Advanced Analytics Development.
• AI Prompt Engineering
• Stakeholder Management
• Team Leadership
• Strategic Planning and Execution

About Standard Chartered

We're an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offer

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 leave, parental/maternity (20 weeks), sabbatical (12 months 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-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

Tell employers what skills you have

Team Collaboration
Charter
Business Stakeholder Management
Assertive
Market Risk
Talent Development
Stress
Risk Management
Strategy
Team Leadership
Life Insurance
Mental Health
Wellbeing
Process Optimization
Senior Stakeholder Management
Retirement
Oral & Written Communication Skills
Credit Risk

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