Senior Manager, Traded Risk Model Governance

• Support the periodic review and maintenance of Model Risk RTF, Group Model Risk Policy (GMRP), Group Model Risk Standard (GMRS), Group Deterministic Quantitative Methods (DQM) Standards, and Model Family Standards (MFS). This includes initiating periodic reviews, managing stakeholder consultations, thematic reviews and supporting the final incorporation of changes to the documents.
• Provide ongoing support for the implementation of RCSA controls (operational risk controls, control tests, key control indicators for policy compliance) and residual risk assessments across the assigned model families.
• Support the effectiveness reviews performed for the RTF, policy, and standards. Manage the periodic policy compliance assessments for the assigned model families to ensure adherence to the GMRP.

• Prepare monthly and quarterly model risk information reports, oversight reports, Data Quality (DQ) items report and any other ad-hoc reports as required. This includes engagement with stakeholders for inputs and review/ challenge of progress updates provided by stakeholders against timelines.
• Act as the primary point of contact for the assigned model families within MRPG. Provide inputs and manage queries specific to these model families as a part of the various oversight and reporting activities
• Identify, review and track model risk issues and ensure that these are reported to senior management with remediation plans in place and are tracked to completion.
• Provide oversight on various Data quality (DQ) items related to Inventory via DQ item Dashboard and ensure that these are managed by relevant stakeholders with periodic follow-ups to bring them to closure.

• Coordinate and provide periodic updates to senior management on upcoming regulatory changes/ submissions and its impact on the functioning of MRM frameworks.
• Support internal compliance attestation activities within the function.

• Model Risk Management Team
• Members of ERM Management Team
• Model Owners, Model Sponsors and Global Process Owners
• Group Model Validation
• Country CRO, RFO, Governance teams
• Internal Audit - Functions
• Owners of relevant regulatory obligations
• Risk Framework Owners and Policy Owners
• Country CRO, REO, Governance teams
• Regional CRO and governance teams
• Group Operational Risk, Group COO and other business COOs

• 8-12 years of total experience with minimum 4-5 years of experience in Model Risk Management, Traded Risk Models and Regulations from leading financial regulators in the UK and Europe (e.g. PRA, etc.)
• Good understanding of Market Risk, Counterparty Credit Risk and FM pricing models
• Good communicator, in particular written communications in English
• Ability to explain complex matters in simple and intuitive terms
• Ability to track and report progress updates of multiple areas against milestones and highlight key issues
• Collaborative; working as part of a broader team to ensure a coordinated and consistent approach
• Good organiser of incoming requests within the team
• Ability to work with minimal direction
• Demonstrate understanding of and commitment to the Group's core values.
• Ownership mindset, able to think creatively and be open to new ideas
• Able to work with tight deadlines and multiple demands
• Attention to detail
• Proactive, problem-solving, helpful
• Strong experience in MS Outlook, Word, Excel, Power Point, and preferably Atlassian JIRA

• 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations.
• Time-off including 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 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.

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Standard Chartered