Job Summary

Standard Chartered bank is hiring quantitative analyst for the front office Modelling and Analytics Group (MAG). We have a few quant teams working on building internal analytics library which is responsible for pricing and risk management for financial market products. This role will be part of the Counterparty Credit Risk (CCR) Equity and Credit modelling team within MAG. The team is responsible to build pricing models as well as risk factor simulation models used for CCR risk management and capital calculations. We are seeking to hire a quantitative analyst to work on the development efforts required to bring bond and equity models into CCR modelling framework of Standard Chartered. For this you are expected to be working within the MAG analytics library, developed using C++ and Haskell (in-house variant, Mu).  

About the Markets team

CIB Markets has expertise combined with deep local market knowledge to deliver a variety of risk management, financing and investment solutions to our clients. The CIB Markets business offers capabilities across origination, structuring, sales, trading and research. Offering a full suite of fixed income, currencies, commodities, equities and capital markets solutions, CIB Markets has firmly established itself as a trusted partner with extensive on-the-ground knowledge and deep relationships.

Within CIB Markets, the Modelling & Analytics Group (‘MAG’) is accountable for design, development and delivery of real-time pricing models, risk models, and core infrastructure, enabling pricing, market data, intra-day risk reporting capability, and portfolio level analytics including reporting and capital optimization.

You’ll need a good understanding of CCR risk factor simulation models, calibration, pricing and the relevant regulatory and internal risk management requirements. In this role, you will work closely with multiple teams and take the lead on all development efforts required to implement credit and equity models for counterparty credit risk.

Key Responsibilities

• Development and extension of new features for Bank's internal pricing and risk management platform.
• Model development for Credit and Equity asset class, for CCR.
• Use of C++ and scripting languages like Haskell and Python, for model development.
• Close collaboration with the Cortex CCR and Credit and Equity teams.
• Close interaction with different stakeholders, including trading desk and risk management.
• Working in organisation open to innovation and continuous improvement.

Our Ideal Candidate

• A degree in Applied Mathematics, Engineering, Computer Science or equivalent experience.
• Solid computer science knowledge.
• Solid mathematical background.
• Financial Markets knowledge.
• Experience in functional programming, preferably Haskell - nice to have. 

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.

Recruitment Assessments

Some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.

Visit our careers website www.sc.com/careers