Associate Director, Counterparty Credit Risk - Quants (UAE Nationals only) | Dubai, UAE

Associate Director, Counterparty Credit Risk - Quants (UAE Nationals only)

Standard Chartered Dubai, United Arab Emirates

Job Summary
Our Quant Analysts use their computer science expertise to deliver robust, high-performance software and quantitative analytics. They create and develop real-time pricing models, risk models, and infrastructure for the Bank's modelling and analytics library to enable pricing, intraday risk reporting, and portfolio-level analytics. They work on diverse markets projects, including dedicated applications to support individual teams, to processes that handle millions of trades, or have thousands of users.

Key Responsibilities

• Work on diverse markets projects and dedicated applications to support individual teams to process millions of trades and thousands of users.
• Develop portfolio risk measurement methodologies, including quantifying credit and market risk exposures and economic capital.
• Partner with Traders to develop statistical arbitrage strategies.
• Use value at risk techniques to measure the risk of loss on a portfolio of assets.
• Develop mathematical models for pricing, hedging and securities risk measurement.
• Build, test, implement, enhance and maintain sophisticated quant mathematical models for pricing, risk management, market and asset class analysis.
• Research alternative models and numeral techniques, including models published in industry or academic publications.
• Support the design and delivery of CORTEX, including platform adoption, application development, ePricing, the multi-curve framework.

Skills and Experience

• Financial forecasting, modelling and analysis.
• Risk management, financial risk, and credit risk and operational risk.
• Balance sheet management.
• Experienced in using and adapting to client behaviors and preferences.
• Financial Services regulatory experience.
• Data analysis and visualisation.
• Industry knowledge.
• Sustainable finance.

What we offer

• 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.