Director, OTCr, Stress Testing Modelling(Singapore

**JOB SUMMARY**
- The Operational, Technology and Cyber Risk (OTCR) organisation is instrumental in protecting and ensuring the resilience of Standard Chartered Bank’s operations, data, and IT systems by optimising operational, technology and cyber risk across the enterprise. As a critical function reporting into the Group Chief Risk Officer (CRO), the Group OTCR team serves as the second line of defence for assuring that controls are implemented effectively, in accordance with the OTCR Framework, and for instilling a risk culture within the Bank.
- This is a senior level technical role, and the individual will be required to engage with technical experts from Group Model Validation team, Internal Audit and Regulators.

**RESPONSIBILITIES**

**Strategy**
- Lead the design and development of OTCR Capital Models (P2A) - Scenario Analysis and Loss Distribution Approach model.
- Lead the design and development of OTCR Stress Testing Model (P2B)
- Lead and manage the validation of the above models by interfacing with Group Model Validation team.
- Provide SME input to support operationalisation of applicable models in Countries.
- Support regulatory-related activities such as examinations and reports.
- Develop materials for regular updates to Head, OTCR, Risk MT, committees, on insights relating to Risk Appetite
- Ensures compliance with all applicable Framework, policies like Model Risk policy and standards.
- Lead and Develop OR Model Family standards.

**People & Talent**
- Leads through example by upholding high standards of excellence, ethics & code of conduct, governance and risk awareness, and stakeholder partnership & collaboration
- Collaborate with the wider OTCR team and share knowledge where relevant

**Risk Management**
- Lead the design and development of OTCR Capital Models (P2A) - Scenario Analysis and Loss Distribution Approach model
- Lead the design and development of OTCR Stress Testing Model (P2B)
- Lead and manage the validation of the above models by interfacing with Group Model Validation team
- Provide SME input to support operationalisation of applicable models in Countries.
- Support regulatory-related activities such as examinations and reports.
- Develop materials for regular updates to Head, OTCR, Risk MT, committees, on insights relating to Risk Appetite
- Ensures compliance with all applicable Framework, policies like Model Risk policy and standards.
- Lead and Develop OR Model Family standards.

**Regulatory & Business Conduct**
- Displaying exemplary conduct and living by the Group's Values and Code of Conduct.
- Taking 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 identifying, escalating, mitigating and resolving risk, conduct and compliance matters.
- Demonstrating leadership ability to ensure that the team achieves the outcomes set out in the Bank's Conduct Risk framework.
- Providing ongoing reporting of risk exposure into governance meetings and to key stakeholders and escalating any blockages to progress to ensure Group MT, Risk & CFCC, and OTCR Scorecard objectives are met.

**Key Stakeholders**
- OTCR LT
- OTCR SPOC
- ERM - Frameworks & Policy
- 1LOD business and function teams
- OTCR ORA
- Country OTCR heads
- Group Model Validation Team
- 10+ years of experience in Risk modelling and Master’s Degree level education or higher in Mathematics, Engineering, Economics or in other quantitative fields
- Experience working in banking environment
- Experience managing senior stakeholder and can be a self-starter
- Hands on experience in model development, model validation
- Experience managing teams in different geography
- Develop materials for regular updates to Head, OTCR, Risk MT, committees, on insights relating to Risk Appetite

**Role Specific Technical Competencies**
- Risk Modelling - Monte Carlo, Extreme Value Theory, Time Series Analysis
- Programming skills, python or Matlab or R
- Risk Management
- Operational and Technology Risk Management

**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 behaviou