JOB PURPOSE: The role has split responsibilities with the expectation that the successful candidate will spend approximately 50% of their time on each component of the role.
For one component, the Retail and Business Clients IRB Model Implementation Manager will be responsible for managing Group Risk Measurement's (GRM) involvement in the Retail and Business Clients IRB model implementations. For this work the role will report to the Head of Retail Models who manages the teams that develop the Retail IRB models.
The successful candidate will manage the implementation of both:
New Retail and Business Clients IRB Models - both for National Discretion (ND) and Group (PRA) regulatory reporting; and
Changes to existing Retail and Business Clients IRB Models - both for ND and PRA regulatory reporting.
Ensuring that all model implementations meet the requirements in GRM's IRB Operational Risk Framework. The role will involve working closely with the Retail and Business Clients model developers, the relevant Group GTO and Finance teams, Country Credit teams, and Group Governance teams to ensure that the following aspects of the model implementations are successfully completed:
Review of the Business Requirement Documents.
User Acceptance Testing (UAT).
This role requires an excellent understanding of Credit Risk Management, Basel II, and the Retail and Business Clients products.
The second component of the role is to support the implementation of Corporate, Institution and Commercial (CIC) models both for business and regulatory purposes (PRA and ND reporting).
Key Roles and Responsibilities
MODEL IMPLEMENTATION RELATED RESPONSIBILITIES:
Build working relationship with key stakeholders (e.g. CIC, Retail and Business Clients model developers, Group GTO and Finance teams, Country Credit teams, and Group Governance teams) to ensure accurate and efficient implementation of models.
Quickly understand the business issues and data challenges related to the implementation of the CIC, Retail and Business Clients IRB models.
Ensure all governance checks have been completed prior to the models being implemented.
Participate in solution architecture design and review for CIC, Retail and Business Clients model implementations.
Review Business Requirements and Functional Specifications documents prepared by GTO to ensure that the IT solution is comprehensive, and cover all the upstream and downstream impacts of any changes.
Ensure successful GRM sign-off of UAT and User Verification Testing.
Ensure model implementation issues are identified, tracked and resolved in a timely manner.
Ensure clear and timely communication of the key project decisions to stakeholders.
Coordinate the planning, reporting, and governance of projects in line with the Bank's project management standards.
Qualifications and Skills
ACADEMIC AND PROFESSIONAL BACKGROUND:
Bachelor's degree in a numerate subject (computer science, engineering, finance, maths etc...).
8-10 years of relevant experience in business analysis/project management at a Bank or other financial institution with demonstrated good results.
Good understanding of finance systems and risk management systems.
Knowledge of Corporate, Retail and Business Clients IRB and IFRS 9 models and ability to solve implementation issues related to these models.
Ability to identify critical issues and propose solutions to resolve these issues.
Ability to ensure model implementations are accurate and adhere to group policies and procedures.
Strong stakeholder management, project management and communication skills.
Strong written and verbal communication skills.
Analytical and independent thinker.
Excellent attention to detail and good time management.
Initiative, creativity and problem solving.
Very quick learner with strong interest in risk management and desire to acquire the knowledge and understanding of credit modelling, analytics, Basel II capital reporting and IFRS 9.
How To Apply
You can search and view current opportunities across our organisation and apply immediately by visiting www.standardchartered.com and selecting Careers. To help speed up your application, please note the following:
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The closing date for applications is 05/03/2017. Please note all closing dates are given in Hong Kong time (GMT + 8 hours). We aim to respond to successful applicants within four weeks and will keep a record or your application in our database so that we can contact you when suitable vacancies arise in future.
Diversity and Inclusion
Standard Chartered is committed to diversity and inclusion. We believe that a work environment which embraces diversity will enable us to get the best out of the broadest spectrum of people to sustain strong business performance and competitive advantage. By building an inclusive culture, each employee can develop a sense of belonging, and have the opportunity to maximise their personal potential.