Manager, Credit

**JOB SUMMARY**
- The job holder will be required to perform an independent validation of credit risk, treasury and marketing models that are being used for various purposes across the bank.
- Validation tasks include qualitative and quantitative review of various model components and then complete the validation report. Assessment of the model components against relevant regulatory requirements (such as EBA IRRBB, Credit IRB, IFRS9 or ICAAP) will also be required. The job holder will need to have strong hands on / technical experience in quantitative / risk modelling and/or model validation.

**RESPONSIBILITIES**
- Perform an independent validation of new and existing credit risk, treasury and marketing models.
- Qualitative review of model development process including underlying assumptions & theoretical basis, including assessment of model components against relevant regulatory requirements
- Quantitative assessment of model performance via data evaluation and statistical testing.
- Documentation of validation findings and communication of results to senior management and presentation to relevant committees.
- Manage relationship with stakeholders on model issues, achieving suitable resolutions.
- Manage and complete the model validation from end to end, meeting the planned timelines and required standards.
- Supervise junior members of GMV team
- Recommend improvements in the models
- Review regulatory requirements and industry practice such as EBA IRRBB, Credit IRB and IFRS9 rules.
- Assist Head of Model Validation in addressing concerns or questions relating to the models.

**Processes**
- Perform an independent validation of new and existing credit risk, treasury and marketing models.
- Qualitative review of model development process including underlying assumptions & theoretical basis, including assessment of model components against relevant regulatory requirements
- Quantitative assessment of model performance via data evaluation and statistical testing.
- Documentation of validation findings and communication of results to senior management and presentation to relevant committees.
- Manage relationship with stakeholders on model issues, achieving suitable resolutions.
- Manage and complete the model validation from end to end, meeting the planned timelines and required standards.

**People & Talent**
- Provide technical support and guidance to junior members of GMV team
- Maintain productive and positive relationship with stakeholders

**Governance**
- Submission of model validation reports to relevant Model Assessment Committee
- Attend Credit Model Assessment where the report is being presented for approval

**Risk Management**
- Review regulatory requirements and industry practice such as EBA IRRBB, Credit IRB and IFRS9 rules.
- Assist Head of Model Validation in addressing concerns or questions relating to the models.

**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**
- Retail Risk Analytics
- Group Treasury
- WRB Digital Lending & Marketing
- CIB Business
- Country Risk Teams
- Group Internal Audit
- External Audit
- Regulators - HKMA, PRA, FSS etc.
- Model Risk Management
- Group Operational Risk

**Qualification**
- Graduate level (or equivalent) qualifications in statistics, banking, finance, econometrics, mathematics or related quant field.
- 4+ years of hands on experience in quantitative modelling and/or model validation with focus on credit risk models, marketing models and treasury models
- Ability to manage a project end to end, strong project management skill set
- Solid programming skill such as Matlab, SAS, R or Python with hands on experience in credit risk modelling

**Role Specific Technical Competencies**
- Quantitative Modelling
- Solid R/ Python Coding / Computer Programming
- Understand Model Risk Management Framework
- Project Management
- Stakeholder Engagement

**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 throug