Associate Director, Retail IRB Models

Standard Chartered Life and Careers; Singapore; On-site; SGD 100,000 - 130,000; Full time

Job summary

A leading international bank seeks an Associate Director for quantitative model development. The role requires advanced degrees and extensive experience in statistics and programming. You will guide model validation and collaborate across business units, ensuring compliance with standards while leveraging your analytical skills in a dynamic environment.

Benefits

Competitive benefits

Flexible working options

Opportunities for growth and development

Qualifications

• Extensive experience in statistical analysis and model development.
• Experience in credit risk, marketing, or portfolio strategy in banking.
• Hands-on experience in scorecard development.

Responsibilities

• Develop and validate models in SAS and Python.
• Collaborate with business units to implement risk models.
• Guide Associate Managers in executing projects.

Skills

Modelling expertise

Analytical skills

Problem-solving

Strategic thinking

Communication skills

Multi-tasking

Attention to detail

Education

Bachelor's or higher degree in Statistics

Bachelor's or higher degree in Applied Mathematics

Bachelor's or higher degree in Operations Research

Bachelor's or higher degree in Economics

Bachelor's or higher degree in Engineering

Tools

SAS

Python

Job description

Job Summary

This position is for an Associate Director with an advanced degree in a quantitative discipline; requires extensive experience in areas of statistics, applied mathematics, SAS and Python programming language applied in the development of Capital Models (i.e., IRB), ECL Models (i.e., IFRS9 or CECL), Decision Scorecards (i.e., Application, Behaviour, Fraud), Portfolio Strategies (acquisition, credit line management, drawdown et al.), and Machine Learning models across Retail (secured and unsecured), Small, Micro and Medium Enterprises (secured and unsecured structured lending and discretionary lending), Wealth and Private Banking segments of Standard Chartered Bank.

Key Responsibilities

• Model development and validation in SAS and Python
• Collaborate with business units to develop and implement risk models
• Communicate complex analytical concepts clearly to stakeholders
• Guide and oversee Associate Managers in project execution
• Ensure compliance with regulatory standards and internal policies

Skills and Experience

• Modelling expertise in SAS, Python, or similar tools
• Strong analytical, problem-solving, and strategic thinking skills
• Excellent verbal and written communication skills
• Ability to multi-task and manage multiple projects
• Attention to detail and organizational skills

Qualifications

• Bachelor's or higher degree in Statistics, Applied Mathematics, Operations Research, Economics, Engineering, or other quantitative disciplines
• Experience in credit risk, marketing, or portfolio strategy for retail banking or small business portfolios
• Hands-on experience in statistical analysis and scorecard development
• Experience interacting with business units and exposure to international markets is a plus

About Standard Chartered

We are an international bank committed to making a positive difference. We value diversity, inclusion, and integrity, and strive to create a supportive environment for our employees. We offer competitive benefits, flexible working options, and opportunities for growth and development.