Head of Mortgage Model Development & Regional Head of Model Risk, HK & GCNA
Standard Chartered Bank
July 31, 2019
About Standard Chartered We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.
To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.
We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.
The Role Responsibilities
Supervising and coordinating all related processes where Model Risk Management is the identified as process owner across the GCNA region
Act as main point of contact for internal and external stakeholders regarding Model Risk Management and Governance.
Ensure compliance with local laws and regulations that the Risk function has first or second line responsibility under the Enterprise Risk Management Framework.
Continuously improve the operational efficiency and effectiveness of risk management processes within Model Risk Governance
Uphold and reinforce the independence of Model Risk Management from those whose primary responsibility is to maximize short-term revenues and profits
Ensure the provision of ongoing training and people development of the Model Risk Governance
Lead through example and build the appropriate culture and values within Model Risk Management and across the wider organization
Model Risk Management Governance of risk management models ranging from Internal Rating Based Approach (IRB) credit risk models, traded risk models, IFRS9 models and stress testing models (including maintain up-to-date model inventory and validation status tracking against the agreed remediation plan)
Maintain a good understanding of the requirements of key external stakeholders (including HK Banking (Capital) Rules, HK Banking Ordinance and HKMA Supervisory Policy Manual)
Our Ideal Candidate
Team management and senior stakeholder management across different geographies.
Advanced degree holder in Mathematics / Statistics or Computer Science / Engineering
Knowledgeable of Financial Industry and credit risk techniques (substantive experience in retail banking, corporate banking and/or portfolio risk management roles).
Experience with implementation of Basel standards and the implications thereof the issues relating to regulatory compliance and financial reporting, and how these issues translate into requirements for management information
Experience with communicating with relevant external stakeholders, such as HKMA.
Experience & Qualifications - Educated to degree level; - Broad experience in Banking industry; - Knowledge and understanding of regulatory models requirements, front office pricing models, IFRS9 models - Prior experience in Finance/Risk/Compliance/Audit/Governance, and - Understanding of financial reporting systems and standards (including IFRS 9), and / or project management / technology change preferred
Apply now to join the Bank for those with big career ambitions.
Internal Number: 6225717
About Standard Chartered Bank
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