Company Name:-
Standard Chartered

Job Location:-
Bengaluru, Karnataka

Job Summary:-
Job: Risk
Primary Location: Asia-India-Bangalore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 17/May/2021, 8:39:44 AM
Unposting Date: Ongoing

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
Support GMV senior manager in performing an independent validation of new and existing credit risk models that are used in risk management, capital calculation, stress testing etc.

The model scope includes credit loss forecasting models, credit grading models, credit application and behavioural scorecards, collection scorecards.

Quantitative assessment of model performance via data evaluation and statistical testing based on both development sample and out of time sample.

Assess the quality and adequacy of the data used in the model development.

Replicate the model development analysis and performs quantitative test on model assumptions
Construct the data used in the validation and ensure that the validation sample is representative of the model use population and the validation sample is in good quality
Documentation of validation findings and communication of results to senior management and presentation to relevant committees.

Review regulatory requirements and industry practice regarding the models.

Assist Head of Model Validation in addressing concerns or questions relating to the models.

Governance
Submission of model validation reports to relevant Model Assessment Committee
Attend Credit Model Assessment (where requested)Regulatory & Business Conduct
Display exemplary conduct and live by the Group’s Values and Code of Conduct.

Take personal responsibility for embedding the highest

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