Job Summary

This role could be based in China and India. When you start the application process you will be presented with a drop down menu showing all countries, please ensure that you select a country where the role is based.

Strategy
•    Software development to generate revenue for the bank
•    Understand front office concerns in order to bridge the gap between the front office and back office
•    Risk modelling to quantify the various kinds of risks faced by the Bank
•    Deliver robust, high-performance software and quantitative models

Business
•    Developing pricing/simulation models suitable for CCR use cases.
•    Use of C++ and Scripting Languages like Haskell and Python for model development

Processes
•    Ensure adherence to all internal and external regulations
•    Support Operational Risk monitoring via reports and data provided to Compliance and BORM
•    Assist in ensuring that there are appropriate and documented internal controls and procedures in place

Key Responsibilities

People & Talent
•    Lead through example and build the appropriate culture and values.  
•    Set appropriate tone and expectations amongst colleagues and work in collaboration with partners
•    Contribute to continuous process improvement and sharing best practice 

Risk Management
•    An awareness and understanding of the main risks facing the Group and the role the individual plays in managing them 
•    Embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance 

Governance
•    Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas
•    Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role
•    Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues
•    Willingness to work with any local regulators in an open and cooperative manner

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

•    Trading, Sales, and Structuring business colleagues
•    Counterparty credit risk managers
•    MAG developers
•    Counterparty Credit Risk Analytics
•    Model implementation delivery (MAG Cortex, SABRE, etc.)
•    Group Model Validation
•    FM model risk management
Other Responsibilities
•    Demonstrate Here for good and Group’s brand and values in daily behaviour
•    Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures

Qualifications

A degree in Applied Mathematics, Engineering, Computer Science or equivalent experience.

Skills and Experience

•    Strong academic qualifications in a quantitative subject (e.g., Financial Mathematics, Master’s, or PhD)
•    Experience developing/validating counterparty credit risk models and understanding counterparty credit risk (CCR) and economic regulatory and market environment in which Banks operate
•    Good knowledge of numerical methods, stochastic calculus, and probability theory
•    Good communication skills (verbal and written English)
•    Excellent programming skills (C++ programming and/or functional programming e.g. Haskell)
•    Knowledge of financial market products, market conventions and regulatory requirements 

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 behaviours. When you work with us, you'll see how we value difference and advocate inclusion.

Together we:

• Do the right thing and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do
• Never settle, continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well
• Are better together, we can be ourselves, be 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.

• 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.