Vice President - Kuala Lumpur - Standard Chartered

Standard Chartered Kuala Lumpur

2 days ago

Description

Support the senior manager of GMV in performing an independent validation of new and existing models used in risk management, capital calculation, stress testing, etc. This includes, but is not limited to, reviewing the model development process, including underlying assumptions and theoretical basis, as well as the quantitative assessment of model performance.

Key Responsibilities

Processes:

• Perform an independent validation of new and existing models with support from the senior manager.
• Conduct a qualitative review of the model development process, including underlying assumptions and theoretical basis.
• Evaluate model performance quantitatively through data analysis and statistical testing.
• Document findings and communicate results to senior management and present to relevant committees.
• Review regulatory requirements and industry practices related to the models.
• Assist the Head of Model Validation in addressing concerns or questions about the models.

Governance:

• Submit model validation reports to the Model Assessment Committee.
• Attend Credit Model Assessment (if requested).

Requirements and Qualifications

• Strong technical and quantitative skills with an academic background in Finance, Accounting, Engineering, Mathematics, Statistics, or Econometrics.
• FRM and/or CFA qualifications are desirable.
• Proficiency in SAS, Python, and R programming languages.
• Solid experience in financial, economic, and credit modeling, including PD, LGD, and EAD model validation or development, as well as knowledge and experience in economic capital and loan impairments modeling.
• Excellent problem-solving skills with attention to detail.
• Multi-cultural awareness and sensitivity.

About Standard Chartered

We are an international bank that is agile enough to act and has a significant impact. For over 170 years, we have worked to make a positive difference for our clients, communities, and each other. We question the status quo, enjoy finding new opportunities to grow, and strive to do better than before. If you're looking for a career with purpose and want to work for a bank that makes a difference, we'd like to hear from you.

We value diversity and advocate for inclusion. When working with us, you'll see how we value individuality and promote teamwork.

We live by our valued behaviors:

• We do the right thing and are assertive, challenge each other, and live with integrity while putting the client at the forefront of what we do.
• We never settle and continuously strive to improve and innovate, keeping things simple and learning from successes and failures.
• We are better together and can be ourselves, 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.

• We provide core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• We offer 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 amounts to 30 days minimum.
• We offer flexible working options based around home and office locations, with flexible working patterns.
• We provide 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.
• We have a continuous learning culture to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.
• We are part of an inclusive and values-driven organisation, one that celebrates and promotes our unique diversity across our teams, business functions and geographies - everyone feels respected and can realise their full potential.