Specialist, Quants

About Standard Chartered
We are a leading international bank focused on helping people and companies prosper across Asia, Africa and the Middle East.

To us, good performance is about much more than turning a profit. It's about showing how you embody our valued behaviours - do the right thing, better together and never settle - as well as our brand promise, Here for good.

We're committed to promoting equality in the workplace and creating an inclusive and flexible culture - one where everyone can realise their full potential and make a positive contribution to our organisation. This in turn helps us to provide better support to our broad client base.

The Role Responsibilities

The role is part of SCB's Front Office Modelling and Analytics Group (MAG). The team within MAG has members in London and Singapore and is responsible to develop, test and implement various market risk models in SCB's internal analytics library across product types and asset classes in line with relevant regulatory requirements.
Key Responsibilities:

• Implement, test and enhance different models and methodologies in the context of market risk modelling across all markets/asset classes in SCB's analytics library
• To support the implementation of a robust risk measurement framework for the purpose of effective risk management and regulatory capital calculation.
• Provide technical guidance and expertise on market risk modelling techniques and their implementation
• Provide guidance and mentorship to more junior team members
• Closely cooperate with stakeholders across the bank

People and Talent

• Consulted on aspects of maintaining a team with high proficiency for developing and implementing portfolio risk models. For example, by performing interviews, sourcing candidates, tutoring younger colleagues.

Risk Management

• Consulted on all aspects of risk management that fall within the team's remit.

Governance

• Consulted on all aspects of governance that fall within the team's remit.

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

• Traded Risk Management
• Business stakeholders
• Group Model Validation

Other Responsibilities

• Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.

Our Ideal Candidate

• 6+years experience and e xpert knowledge of risk modelling techniques, e.g.:
  • Value-at-Risk, Expected Shortfall, Risks-not-in-VaR
  • Risk factor simulation
  • Backtesting methodologies
  • Proxy analysis
• Experienced developer in the context of large analytics libraries in a production environment.
• Knowledge of functional programming languages will be strong plus. Knowledge of C++, C#, Java or similar will be considered as well
• Strong foundational knowledge of mathematics and statistics and their applications for market risk modelling
• Foundational knowledge and experience with pricing models will be a plus
• Experience with the regulatory market risk capital framework would be a plus (CRR, FRTB or similar)
• Working knowledge of Latex for documentation of technical models
• Higher degree (MSc, PhD, DEA) in highly numerical subject such as mathematics, physics or engineering. Candidates with educational backgrounds in less technical subjects such as economics, banking or finance are unlikely to be considered.

Apply now to join the Bank for those with big career ambitions.

To view information on our benefits including our flexible working please visit our career pages . We welcome conversations on flexible working.