Manager, Valuation Methodology

Standard Chartered Bank; Singapore; On-site; SGD 180,000 - 280,000; Full time

Benefits offered by this job

Flexible working options

Wellbeing support via Unmind

Continuous learning culture

Inclusive and values-driven culture

Job summary

Standard Chartered Bank's Valuation Methodology (VM) team leads the fair valuation of positions across Global Markets and Banking, ensuring models meet regulatory and governance standards.

The role designs, develops, tests, and documents valuation models, collaborating with model validation and risk governance teams, and supporting new model calibration and prudent valuation adjustments.

Qualifications

• Master’s in financial mathematics or PhD in quantitative area.
• 6+ years of progressive experience in front office quant group, market risk modelling or a related quantitative area within Global Markets environment.
• Strong IT skills. Experience with functional programming is desirable, with practical experience in Haskell.
• Deep and comprehensive understanding of a wide range of Global Markets products (both vanilla and structured) and corresponding modelling techniques in Rates, FX/FXO, Commodities, Equities, Credit, and XVA.
• Able to propose, implement and document the models (including the technical details) used in valuation control.
• Good understanding of regulatory guidance and governance around models and non-models.
• Able to interpret the regulatory/accounting requirements and translate them into practical implementation.
• Able to collaborate closely with front office quant and model validation teams on the technical aspects, with trading desk on the trading practices, to justify the methodologies used in valuation control processes.

Responsibilities

• Set up and maintain the model framework for Global Markets and Banking Valuation Methodology team.
• Collaborate with model validation, model risk governance and VM production teams to ensure all models comply with governance and regulatory requirements.
• Provide valuation methodology support including advice on new models, new calibration and potential impact on valuations of different modelling choices.
• Develop and implement methodologies used in valuation space (e.g., Independent Price Verification, Bid Offer reserve, Prudent Valuation Adjustments).
• Design and implement model performance monitoring.
• Perform core model development test and model implementation test.
• Prepare the technical development documents for the models used by VM teams and submit to model validation for review.

Skills

Quantitative finance

Haskell

Analytical thinking

Independent problem-solving

Regulatory awareness

Collaboration

Education

Master's in financial mathematics

PhD in quantitative area

Tools

Haskell

Python

C++

Job description

Job Summary

Valuation Methodology (VM) team is the Subject Matter Expert with respect to the fair valuation of the Bank’s positions in Global Markets and Banking, and ensuring the (stress) prudent regulatory requirements are met.

Key Responsibilities

• Set up and maintain the model framework for Global Markets and Banking Valuation Methodology team.
• Collaborate with model validation, model risk governance and VM production teams to ensure that all the models used by VM team are compliant with internal governance and regulatory requirements.
• Provide valuation methodology support including advice on new models, new calibration and potential impact on valuations of different modelling choices.
• Develop and implement the methodologies used in valuation space. For example: Independent Price Verification, Bid Offer reserve, Prudent Valuation Adjustments...etc.
• Design and implement model performance monitoring.
• Perform core model development test and model implementation test.
• Prepare the technical development documents for the models used by VM teams and submit to model validation team for review and challenge.

Strategy

• Partner with the business as part of the Finance goal to collectively support the evolution of the business through the deploying models of quantitative analytics whilst ensuring the integrity of the control environment.
• Continuously review and improve the valuation policies and methodologies to align with evolving regulatory and market requirements.

Business

• Coordinate with stakeholders to maintain compliance with accounting, internal model governance and regulatory requirements.

Processes

• Design, develop, implement, test, and document the models used in valuation space.

People and Talent

• Foster collaboration, and create an environment of accountability, trust, and excellence.
• Build an inclusive and positive work environment.

Risk Management

• Identify, measure, and monitor model risks and model limitations.
• Ensure robust controls for model risks and limitations, especially during perio

Governance

• Responsible for the evolution and maintenance of the valuation model governance framework.

Regulatory and 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, elevate, moderate and resolve risk, conduct and compliance matters.

Key stakeholders

• Business
• Model Risk Policy Group
• Front office quant
• Model validator.
• Market risk manager
• Auditor
• PCVC
• CFO

Our Ideal Candidate

• Master’s in financial mathematics or PhD in quantitative area.
• 6+ years of progressive experience in front office quant group, market risk modelling or a related quantitative area within Global Markets environment.
• Strong IT skills. Experience with functional programming is desirable, with practical experience in Haskell.
• Deep and comprehensive understanding of a wide range of Global Markets products (both vanilla and structured) and corresponding modelling techniques in Rates, FX/FXO, Commodities, Equities, Credit, and XVA.
• Able to propose, implement and document the models (including the technical details) used in valuation control.
• Good understanding of regulatory guidance and governance around models and non-models.
• Able to interpret the regulatory/accounting requirements and translate them into practical implementation.
• Able to collaborate closely with front office quant and model validation teams on the technical aspects, with trading desk on the trading practices, to justify the methodologies used in valuation control processes.
• Strong analytical, problem-solving, and critical thinking skills with the ability to interpret complex information and draw meaningful conclusions.
• Independent problem-solving skills are required.

Role Specific Technical Competencies

• Financial mathematics and numerical methods
• Financial derivatives product knowledge across asset classes
• Pricing models, numerical techniques and analytics for financial products.
• Modelling involved in XVA calculation
• Effective Communications
• Programming

What we offer

• Core bank funding for retirement savings, medical and life insurance, withflexible and voluntary benefits available in some locations.
• Time-offincluding annual leave, parental/maternity (20 weeks), sabbatical (12 months maximum) and volunteering leave (3 days), along with minimum global standards for annual and public holiday, which is combined to 30 days minimum.
• Flexible workingoptions based around home and office locations, with flexible working patterns.
• Proactive wellbeing supportthrough 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 cultureto 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.

End Date:20/08/2026