Job Location: Bangalore
Primary Location: Asia-India-Bangalore
Schedule: Full-time
Employee Status: Permanent
Posting Date: 23/Mar/2022, 1:18:22 AM
Unposting Date: 22/Apr/2022, 5:59:00 PM
About Standard Chartered
This role along with the team will work with key stakeholders across the bank to manage the technical execution of standards that monitor pre-existing analytical instruments that have been developed by the team. The role will work to create new models and build on pre-existing model management and monitoring processes using business and technical knowledge and tools, such as Python, Hadoop, Spark, Tableau, SQL and other tools used in predictive and prescriptive analytics.
The primary purpose of this role is to act as a first line of defence for the CFCC analytics team and ensure that the function’s existing and emerging risk assessment models are adequately monitored periodically to ensure they track within pre-agreed thresholds and metrics that fall in line with risk appetite of both CFCC and the individual business segments. The role will be responsible for conducting the technical processes required to produce the periodical statistics, presenting them, further refining them, and recommending changes to models based on findings from the monitoring process itself.
Overall, this role is key in supporting the efforts to position the Bank as an industry leader in the eyes of regulators and industry stakeholders in the region in pro-active risk identification that is objective and data driven.
Key Roles & Responsibilities
- Technically execute an industry leading capability to ensure that all models produced by CFCC Business Risk Assessment such as GRA (Group Risk Assessment), CRA (Client Risk Assessment & Compliance Risk Assessment) and other models are managed and monitored through appropriate and defensible means.
- Developing a robust, repeatable and transparent framework for managing and monitoring models. This includes the procurement of data from source production systems (if required), simulating and comparing, creating periodical MI and dashboards, designing new dashboards as required.
- Suggesting model changes to production and test models based on observations obtained from the periodical monitoring process.
- Ensuring data obtained from model source systems and model outputs feeding in to monitoring processes is accurate, robust and fit for purpose.
- Playing a key part in regular and periodical GRA/CRA validation in accordance with the CFCC validation standards.
- Ensure the models are migrated to next generation tools and used for predictive and prescriptive analytics.
People and Talent
- Provide leadership, management and coaching to direct reports to ensure they are highly engaged and performing to their potential.
- Promote and embed a culture of openness, trust and risk awareness, where ethical, legal, regulatory and policy compliant conduct is the norm.
- Stimulate an environment where forward planning, prioritisation, deadline management and streamlined workflows and collaborative, inclusive yet effective and efficient work practices are the norm.
- Collaborate with training teams to input to training curriculum to support closing of capability gaps.
- Ensure staff in the respective team have clearly articulated and well understood roles and responsibilities through meaningful and accurate job descriptions.
- Build a culture of effective communication within the team to keep high level of engagement within staff at all levels.
- Managing day to day tasks within the team by ensuring active communication and collaboration among the team members and stakeholders.
- Develop and implement a transparent model of measuring performance through regular meetings.
- Lead through example and build the appropriate culture and values. Set appropriate tone and expectations from their team and work in collaboration with stakeholders.
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.
Stakeholders Relations
- Work with senior members of the CFCC team and wider business to identify risks and steps to mitigate them.
- Work with senior members of the CFCC team and wider business to communicate discrepancies in expected thresholds in models and work collaboratively in order to remediate issues as they arise.
- Supports global regulatory interaction, particularly in relation to requests for information from regulators.
- Ensure that business relationships with data providers are healthy and are in the best interests of RAA’s objectives.
Other Responsibilities
- Embed Here for good and Group’s brand and values.
- Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures.
- Bachelors or Advanced degree in engineering, finance, accounting, mathematics, or social sciences with excellent quantitative methodological skills.
- 8-10 years of relevant experience in working with large data sets using data manipulation programming techniques to identify trends and proposing new or revised analytical approaches to discover illicit activity within data sets.
- Strong English oral and written communications skills and experience defending research findings.
- Strong skills in Apache Spark, Python, Hadoop/Hive, SQL (or other equivalent tool), Dataiku, Microsoft Office & Tableau/Power BI. DevOps skillset – Bitbucket, Jenkins is an added advantage.
- Data gap, ETL, Data Quality and Data Warehousing capabilities.
- Excellent collaborative and stakeholder skills and a desire to work as a part of a high functioning team of financial intelligence specialists.
- Project management skills preferably gained by building similar functions in other global financial institutions.
- Experience with commercially available AML and Financial Crime software in banking domain a bonus (e.g. Detica, Mantas, Falcon).
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