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Senior Manager, Model Delivery Management

Employer
Standard Chartered Bank
Location
Singapore, Singapore
Salary
Competitive
Closing date
Dec 14, 2022

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Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The Role Responsibilities
Strategy

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.
  • ERA model pipeline and resource management, and other specialist support and planning for ERA.
The primary purpose of the role is to primary support for Enterprise Model Risk Management model risk measurement, management, and strategy, including:
  • Current and target state ERA model landscape
  • ERA 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.
Business
  • Ensure that all Corporate, Institutional and Commercial (CIC) Models within ERA 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, Credit Portfolio Management 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 CIC 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 CIC models monthly.
  • Facilitate issue resolution for CIC 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 CIC 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
  • Credit Portfolio Management, Enterprise Risk Analytics, Model Owners, Model Sponsors, Model Risk Policy & Governance, Model Development, Group Model Validation, Group Internal Auditing, Information Technology.
Our Ideal Candidate
  • 10+ 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 CIC Models.
  • 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 communication skills.
  • 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 CIC 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.
Visit our careers website www.sc.com/careers

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