Job Summary

The Economics team is responsible for generating and/or rolling over the country-level and bank group-level economic stress scenarios which acts as an important input into the broader stress testing engines.

The candidate must have an understanding of basic economic concepts such as GDP growth, interest rates, inflation and unemployment rate, and should be comfortable using Excel to organise, review and respond to straightforward data requests. Any prior experience in governance, documentation, audit support, model risk, stress testing or related banking processes would be helpful.

The ideal experience required is 1-2 years in economic model governance and audit related fields

The role holder will be a part of the Economics team (Scenario Design) within the Stress Testing hub in Bangalore. The Economics team is involved in designing, maintaining and enriching stress scenarios for the Bank group, country-level stress tests, regulatory stress exercises and internal management scenarios. The team also maintains and develops the baseline scenario every quarter.



Stress testing comprises the stress tests required by the Group, regions, country and risk management teams, and other senior stakeholders as required to inform risk appetite and the stress tests required by the Bank’s regulators. The stress testing hub is also the centre of excellence for all strategic changes and operational controls, compliance attestation and policy setting for stress testing in the enterprise.

The role also requires maintaining and the regular update of process documentation, model documentation, control descriptions and standard operating procedures to ensure they accurately reflect the current IFRS9 Baseline process. Compliance with applicable operational risk, model governance and control framework requirements has to be ensured, including maintenance of supporting evidence. This includes working with workstream leads, model owners, support functions and stakeholders to coordinate

📌 Analyst Stress Testing (Bengaluru)
🏢 Standard Chartered India
📍 Bengaluru