Job Summary

Support GMV senior manager in performing an independent validation of recent and existing models that are used in risk management, capital calculation, stress testing etc. This includes but not limited to review of model development process including underlying assumptions & theoretical basis, quantitative assessment of model performance, documentation of validation finding and communicate to senior management in relevant forum

Key Responsibilities

Risk Management

Support GMV senior manager in performing an independent validation of new and existing models that are used in risk management, capital calculation, stress testing etc.
Qualitative review of model development process including underlying assumptions & theoretical basis.
Quantitative assessment of model performance via data evaluation and statistical testing.
Documentation of validation findings and communication of results to senior management and presentation to relevant committees.
Review regulatory requirements and industry practice regarding the models.




Assist Head of Model Validation in addressing concerns or questions relating to the models

Governance

Submission of model validation reports to relevant Model Assessment Committee
Attend Model Assessment Committee (where requested)

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.
Exercise authorities delegated by the Board of Directors and act in accordance with Articles of Association

Key stakeholders

Partners (Bank’s partnerships for acquisition)
Group Risk
Country

📌 Manager, Retail Model Validation (Bengaluru)
🏢 Standard Chartered India
📍 Bengaluru