Key Responsibilities

• Support, formulate, maintain, own, and exercise the models for calculating OR (which includes other non-financial risk capital) capital and stress loss forecasts
• Support best practice methodology, standards, and approach for capital and stress loss assessment
• Support the subject matter expert for model risk as related to all OR models and provide a point of control over the aggregate level of operational risk that arises from model risk, including the design of effective controls 
• Support the modelling input into Group’s OR ICAAP submission 
• Be responsible for liaising with group model validation to validate all OR models and be the SME to answer all model related questions.
• Support the SME in driving quality input into all relevant internal development and changes in Operational Risk capital, including methodology, measurement, and any other areas requiring further development
• Ensure GOR regulatory capital framework follows regulatory standards and requirements (esp CRR), develop controls, and provide assurance of regulatory compliance to CRR 
• Support the methodology for allocation Operational Risk capital to appropriate segments/ countries to facilitate risk / reward and prioritisation decisions 
• Support the Group in establishing the framework and foundation for more sophisticated stress testing models.
• Be single point of contact to maintain country stress loss model and provide SME guidance to all country modelling related queries

Skills and Experience

• Modelling: Subject Matter Expert knowledge in operational risk modelling including use of Extreme Value Theory analysis, distribution models, econometric models..etc     
• Data Application Skills: Understanding of data structures and ability to query data tables.
• Analytical Skills: Ability to conduct hypothesis testing and articulate outcomes    

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.