Develop IFRS9 compliant credit risk models for the Retail banking book.
Key Roles and Responsibilities
Develop new, maintain and enhance retail scorecards (application, behaviour, collections/recovery, etc) and IFRS9 models.
Able to conduct validation of scorecard performance, PD, LGD, and EAD models
Work with other members of the credit risk team to utilize and integrate credit scorecards into IFRS9 models
Support the implementation of scorecards and IFRS9 models through review of model engine enhancement, UAT and deployment
Monitor and analyze scorecard and IFRS 9 model performance.
Liaison with business functions, credit approval, collections and other related functions to drive use, monitor overrides, analyze new requirements and feedback on existing models
Develop and maintain scorecard documentation, policies and procedures
Conduct periodic training, research and development of new models, methodologies and scorecard/model business usage
Provide consultation support to the country risk teams.
Qualifications and Skills
Academic and Professional Background
Bachelors Degree in Statistics, Math, Operations Research or other related field (Masters a plus)
Experienced in scorecard development, maintenance and validation experiences in a banking environment.
Good understanding of Credit Risk for the retail portfolio and retail banking products.
Proficient statistical programming skills in SAS (and other statistical software a plus), strong analytical skills and understanding of quantitative and statistical analysis. Strong experience with: DATA step data manipulation with arrays, do-loops, and merges; SAS Macro language, SAS/GRAPH, PROC SQL experience.
Experience in data manipulation, data mining and understanding of relational databases
Experience with statistical modeling and analytic techniques such as OLS and logistic regression, univariate and multivariate statistical analysis, CART and/or CHAID.
Excellent knowledge of banking risk management (Basel and IFRS 9 plus).
Proficiency in MS Word, advanced MS Excel, database software and SQL language
Demonstrated excellence in analytical thought leadership and problem solving
Able to creatively apply analytical solutions to business problems
Able to manage multiple concurrent projects effectively
Solid written and verbal communication ability, including the ability to put together clear, concise, and accurate reports and e-mail communication
Quick learner with strong interest in risk management and desire to acquire the knowledge and understanding of credit modeling, analytics, Basel II capital reporting and IFRS 9 financial reporting.
How To Apply
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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.