Job Summary

Contributes to capital management and reporting process of Standard Chartered’s European bank (SCB AG). Is responsible for developing and operating SCB AG’s ICAAP solution, primarily the Credit and Counterparty Credit Risk Model - a Python and R based tool designed to support the sustainable growth of SCB AG, optimal decision making and meeting regulatory obligations. Other tasks may include stress testing design and implementation and other ICAAP-related endavours.

Key Responsibilities

• Collaboration with Group risk modelling, stress testing and finance functions and solutions to deliver output aligned with local regulatory requirements from BaFin, the Bundesbank and the EBA.
• Support tooling development by partnering with the product owner to document business needs and ensure controlled implementation aligned with Standard Chartered standards.
• Running the tooling includes obtaining, transferring, and refreshing data, executing the Python tooling, and supporting analysis of the outputs including exceptions reports and identifying root causes of errors and remediating them.
• Establish and maintain appropriate procedures and controls suitable for generating data used for regulatory submissions. 
• Align with the Group’s strategy for developing similar tools.
• Ensure compliance with all relevant regulatory requirements.
• Operate the SCB AG ICAAP tooling effectively.
• Ensuring all relevant risk management requirements are met, including IT security, and traceability of data.

Skills and Experience

• 2+ years’ experience & knowledge in Risk (in particular: bank capital or stress testing) or other financial (e.g. Treasury, Asset-Liabilities Management) tooling and modelling.
• Familiarity with credit risk, counterparty credit risk and capital requirements in a bank / financial institution.
• Understanding of balance sheet structure, financial data, banking products. 
• Experience navigating through complex system setup / data sources reconciliation to perform business analytics.
• Experience in running Python, R, SQL code and accessing data stored in PostgreSQL.
• Experience in operating / running data analysis and manipulation toolchains.
• Experience in documenting and reviewing business requirements for developers to implement.
• Experience in establishing operating controls on data systems.
• Exposure to business / data architecture principles and methods.
• 3+ years’ experience in Agile delivery.
• Experience in data science principles and practical application in risk modelling.
• Experience in capital requirements and regulatory reporting.
• Experience in platform development and management for analytical tools.
• Experience in model development and performance monitoring.
• Be pragmatic, weight competing priorities and strive for optimal balance between quality of delivery and effort/time spent.
• Ability to take an integrated approach; work through ambiguity to recommend high-level decisions based on business materiality and best available information.
• Proactively think through and identify area of risks, propose, and execute mitigation plan to the management and stakeholders.
• Experience working in Agile setup, multi-cultural teams, and with a wide range of stakeholders.

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.