Job Views:  
149
Applications:  31
Recruiter Actions:  0

Posted in

Consulting

Job Code

1277613

AVP - Model Delivery Management - BFSI

5 - 10 Years.Bangalore
Posted 1 year ago
Posted 1 year ago

Roles and Responsibility

Strategy :

- Model Delivery Management is part of CPBB Risk Analytics, which itself is part of the broader CPBB Risk Management organization within the Risk & Compliance Division.

The Model Delivery Management team is responsible for :

- Evaluating the Group's model landscape and model risk profile.

- Delivering and maintaining the Group's approach to model risk management on behalf of the Model Owners.

- CPBB credit risk model pipeline and resource management, and other specialist support and planning for CPBB.

- The primary purpose of the role is to be SCB's subject matter expert for Enterprise Model Risk Management model risk measurement, management and strategy, including:

- Current and target state CPBB model landscape

- CPBB model networks and model risk

- Regulatory requirements and future changes

- Model life cycle and control framework

- Model pipeline and status

- Model systems and Regulatory and Accounting Calculations

- The role holder will be a senior member of the Model Delivery Management team and will provide leadership, training, guidance, and mentoring for other members of the team

Business :

- Ensure that all CPBB Credit Risk Models are delivered in line with Group Model Risk Policy, Group Model Risk Standards, and the applicable Model Family Standards.

- Work with Businesses, the Model Development team, and other stakeholders to plan strategic target state model landscape. Develop the strategy to deliver the target state.

- Assist in the following elements of the Model Life Cycle (MLC)

- Act as central point for MLC Standards queries and dispensations

- Undertake model planning, prioritization, resource allocation, pipeline management, and coordination across the different model life cycle stages and stakeholders.

- Review of Model Terms of Reference and Technical Documentation to promote and maintain documentation quality and to ensure that the content and tone are appropriate to the purpose and audience to which they are addressed.

- Management of the quality of the Model inventory for Retail Scorecard models

- Promote efficient and transparent model production to reduce costs, complexity, and dependencies, and improve time to market.

- Monitor models through the MLC and provide support, oversight and approvals as required.

- Coordinate with model owner, Model Development Team, IT system owner and ITO for implementation of rating system changes, new models and model enhancements, including signing-off business requirements and user acceptance testing, updating user guides, and conducting user training. Verify that appropriate model use and data quality controls are in place prior to go-live.

- Assist with decommissioning of models as required

- Preparation of MLC pipeline reporting and other management information for models.

- Act as a central team to assist with model management activities across the bank

- Independent thinker with strong written and verbal communication skills

- Positive attitude and a team player

- Analytical mindset

Processes :

- Track and drive delivery of any action items relating to model delivery management as well as internal / external queries

- Assist to ensure governance requirements are met for models

- Track and report on operational risk control outcomes for Retail models on a monthly basis

- Facilitate issue resolution for Retail models

- Ensure adherence to all internal and external regulations.

- Embed Operational Risk monitoring as an integral part of the business process.

- Accountable for helping establish and maintain frameworks to ensure Model Delivery Management processes are efficient, appropriate and compliant with all internal and external regulations.

People and Talent :

- Engage with Model Owners, Model Risk Policy & Governance, Model Development, Validation, Risk Managers for efficient communication and implementation of model delivery platform deliverables, and facilitate issue resolution

Risk Management :

- Monitor all model delivery risk issues. Where appropriate, direct remedial action and/or ensure escalation to model delivery platforms

Governance :

- Assist to ensure governance requirements are met for Retail scorecard models

- Promote an environment where compliance with internal control functions and the external regulatory framework is a central priority of the business

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.

Key Stakeholders :

- Enterprise Risk Analytics, Model Owners, Model Sponsors, Model Risk Policy & Governance, Model Development, Group Model Validation, Group Internal Auditing, Information Technology

Our Ideal Candidate :

- 7+ years banking industry experience in a capacity.

- Extensive experience of with models and model life cycle, including developing or validating models, and designing or assessing modelling processes and controls.

- Knowledge in Retail Models (ideally scorecards)

- Project Management skills

- Knowledge of SCB model landscape and RWA systems is an advantage.

- Experience writing or contributing to policies and standards; strong level of written English.

- Degree level education.

- Excellent stakeholder management and verbal and written communication skills.

- Very strong interpersonal skills to build effective, collaborative, cohesive relationships across all levels of the Group.

Role Specific Technical Competencies :

- Business - Model Risk Management

- Business - Risk Analytics

- Business - Processes

- Business - Project Management

- Knowledge of Retail Models

- Regulation and Compliance

- Collaboration tools

- Business Analysis

- Writing

About Standard Chartered :

We're an international bank, nimble enough to act, big enough for impact. For more than 160 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

Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

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, parental/maternity (20 weeks), sabbatical (12 weeks 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.

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Job Views:  
149
Applications:  31
Recruiter Actions:  0

Posted in

Consulting

Job Code

1277613

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