Job Description
The Role Responsibilities
Functional
You will be responsible for delivery of risk effectiveness products in the following areas
• Risk Assessment, Identification, Risk Measurement, Risk Insights, Threat Based Assessment.
• You will work with stakeholders in requirement elicitation, assist in drawing up product roadmaps, articulate risk management value, prepare project and product delivery plans and measure value post implementation.
• You will work with SMEs in the AML, Sanctions, ABC and Fraud and Compliance Risk Sub-type areas.
• You will assist in the delivery lifecycle of analytical work products from sandbox, development, test and production.
• You will lead a team of techno-functional experts in the squad setup for the delivery of products.
• You will also assist the stakeholders in evangelizing the product and value derived from it.
Technical
• You will assist in the building Statistical/Machine Learning models in either Python, R or PySpark to solve business problems using Advanced Analytics in Predictive and Prescriptive space.
• You will be presenting results of your analysis and interpreting outputs of your models to give recommendations to the stakeholders.
• You will be providing oversight maintaining and documenting produced code and modelling process.
• You will be working with data engineers to prepare and integrate data from various data sources.
• You will be helping data engineers and ML engineers with model deployment.
• You will be cooperating with (both technical and non-technical) various Bank departments to adjust analytics solution to the business needs.
• You will be performing data mining, exploration, and analysis.
• You will be assisting in creating data visualizations, reports, dashboards, and data audits.
• You will assist to Design, train, and implement machine learning algorithms.
• You will leverage predictive models to optimize customer experiences.
• You will assist in creating automated anomaly detection.
• You will be leading a team of data science staff in development and maintenance of analytical work products and business applications in CFCC risk management space.
Strategy
• Awareness and understanding of the Group's business strategy and model appropriate to the role.
Business
• Awareness and understanding of the wider business, economic and market environment in which the Group operates.
Processes
• Awareness and understanding of the process universe in the CFCC domain and ensures appropriate CFCC and Group processes are followed in the execution of day to day activities.
• Drive the development and maintenance of required project documentation including: business requirements, functional requirements, technical specifications and test plans.
• Suggest and implement process improvement and data collection opportunities.
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.
Risk Management
• Ensure a full understanding of the risk and control environment in area of responsibility.
Governance
• Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role.
• Deliver 'effective governance'; challenge fellow executives effectively; and work with any local regulators in an open and cooperative manner.
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, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• 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.
Our Ideal Candidate
• Bachelors or Advanced degree in engineering, finance, accounting, mathematics, or social sciences with excellent quantitative methodological skills.
• 5 years of experience in the data science field with a total experience of 15 years in data, technology, analytics and application / product management space.
• Experience in developing and delivering analytical work products in risk management space in CFCC domain from sandbox to production lifecycle.
• Solid experience in at least one of the following programming languages: Python, R or PySpark.
• Experience in application of statistics, classification, regression, segmentation, and dimensionality reduction methods and preferably in any of the following data science related areas
• Econometrics, time-series analysis, optimization methods, Bayesian statistics, natural language processing.
• Experience in application of advanced machine learning algorithms for business value creation.
• Linear regression, logistic regression, decision and regression trees, random forest, boosting algorithms (e.g. XGBoost), k-means, neural networks, hierarchical clustering, and principal component analysis.
• Solid understanding and implementation knowledge of the following data science concepts
• Bias-variance trade-off, regularization, model evaluation metrics, cross-validation, bootstrapping, hyperparameter tuning, feature selection and feature engineering
• Experience in relational databases (Hadoop / HIVE) using SQL.
• Knowledge of data science toolkits such as R, NumPy, and MatLab.
• Experience in data visualisation.
• Expertise in data mining and machine learning.
• Working knowledge of statistical models and business intelligence.
• Strong English oral and written communications skills and experience defending research findings.
Nice to Have
• Experience with version control systems (e.g. GIT / Bitbucket).
• Experience in Cloud technologies.
• Experience in ML Operations.
• Experience with ETL and data engineering.
• Experience with Spark and other big data technologies.
• Knowledge of graph databases and knowledge graph applications in data science is a plus (e.g. Neo4j).
• Working knowledge in Fraud Risk Management, Conduct and Financial Crime Compliance domains in Bank.
Role Specific Technical Competencies
• Modelling: Data, Process, Events, Objects
• Requirements Analysis and Technology Project and Program and Business Applications Management
• CFCC Policies and Standards
• Relationship Management
• Risk Assessment
• Risk Management
• Effective Communications
• Managing Change
• Cross-functional Collaboration
• Business Ethics
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website
Functional
You will be responsible for delivery of risk effectiveness products in the following areas
• Risk Assessment, Identification, Risk Measurement, Risk Insights, Threat Based Assessment.
• You will work with stakeholders in requirement elicitation, assist in drawing up product roadmaps, articulate risk management value, prepare project and product delivery plans and measure value post implementation.
• You will work with SMEs in the AML, Sanctions, ABC and Fraud and Compliance Risk Sub-type areas.
• You will assist in the delivery lifecycle of analytical work products from sandbox, development, test and production.
• You will lead a team of techno-functional experts in the squad setup for the delivery of products.
• You will also assist the stakeholders in evangelizing the product and value derived from it.
Technical
• You will assist in the building Statistical/Machine Learning models in either Python, R or PySpark to solve business problems using Advanced Analytics in Predictive and Prescriptive space.
• You will be presenting results of your analysis and interpreting outputs of your models to give recommendations to the stakeholders.
• You will be providing oversight maintaining and documenting produced code and modelling process.
• You will be working with data engineers to prepare and integrate data from various data sources.
• You will be helping data engineers and ML engineers with model deployment.
• You will be cooperating with (both technical and non-technical) various Bank departments to adjust analytics solution to the business needs.
• You will be performing data mining, exploration, and analysis.
• You will be assisting in creating data visualizations, reports, dashboards, and data audits.
• You will assist to Design, train, and implement machine learning algorithms.
• You will leverage predictive models to optimize customer experiences.
• You will assist in creating automated anomaly detection.
• You will be leading a team of data science staff in development and maintenance of analytical work products and business applications in CFCC risk management space.
Strategy
• Awareness and understanding of the Group's business strategy and model appropriate to the role.
Business
• Awareness and understanding of the wider business, economic and market environment in which the Group operates.
Processes
• Awareness and understanding of the process universe in the CFCC domain and ensures appropriate CFCC and Group processes are followed in the execution of day to day activities.
• Drive the development and maintenance of required project documentation including: business requirements, functional requirements, technical specifications and test plans.
• Suggest and implement process improvement and data collection opportunities.
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.
Risk Management
• Ensure a full understanding of the risk and control environment in area of responsibility.
Governance
• Awareness and understanding of the regulatory framework in which the firm operates, and the regulatory requirements and expectations relevant to the role.
• Deliver 'effective governance'; challenge fellow executives effectively; and work with any local regulators in an open and cooperative manner.
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, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
• 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.
Our Ideal Candidate
• Bachelors or Advanced degree in engineering, finance, accounting, mathematics, or social sciences with excellent quantitative methodological skills.
• 5 years of experience in the data science field with a total experience of 15 years in data, technology, analytics and application / product management space.
• Experience in developing and delivering analytical work products in risk management space in CFCC domain from sandbox to production lifecycle.
• Solid experience in at least one of the following programming languages: Python, R or PySpark.
• Experience in application of statistics, classification, regression, segmentation, and dimensionality reduction methods and preferably in any of the following data science related areas
• Econometrics, time-series analysis, optimization methods, Bayesian statistics, natural language processing.
• Experience in application of advanced machine learning algorithms for business value creation.
• Linear regression, logistic regression, decision and regression trees, random forest, boosting algorithms (e.g. XGBoost), k-means, neural networks, hierarchical clustering, and principal component analysis.
• Solid understanding and implementation knowledge of the following data science concepts
• Bias-variance trade-off, regularization, model evaluation metrics, cross-validation, bootstrapping, hyperparameter tuning, feature selection and feature engineering
• Experience in relational databases (Hadoop / HIVE) using SQL.
• Knowledge of data science toolkits such as R, NumPy, and MatLab.
• Experience in data visualisation.
• Expertise in data mining and machine learning.
• Working knowledge of statistical models and business intelligence.
• Strong English oral and written communications skills and experience defending research findings.
Nice to Have
• Experience with version control systems (e.g. GIT / Bitbucket).
• Experience in Cloud technologies.
• Experience in ML Operations.
• Experience with ETL and data engineering.
• Experience with Spark and other big data technologies.
• Knowledge of graph databases and knowledge graph applications in data science is a plus (e.g. Neo4j).
• Working knowledge in Fraud Risk Management, Conduct and Financial Crime Compliance domains in Bank.
Role Specific Technical Competencies
• Modelling: Data, Process, Events, Objects
• Requirements Analysis and Technology Project and Program and Business Applications Management
• CFCC Policies and Standards
• Relationship Management
• Risk Assessment
• Risk Management
• Effective Communications
• Managing Change
• Cross-functional Collaboration
• Business Ethics
About Standard Chartered
We're an international bank, nimble enough to act, big enough for impact. For more than 160 years, we've worked to make a positive difference for our clients, communities, and each other. We question the status quo, love a challenge and enjoy finding new opportunities to grow and do better than before. If you're looking for a career with purpose and you want to work for a bank making a difference, we want to hear from you. You can count on us to celebrate your unique talents. And we can't wait to see the talents you can bring us.
Our purpose, to drive commerce and prosperity through our unique diversity, together with our brand promise, to be here for good are achieved by how we each live our valued behaviours. When you work with us, you'll see how we value difference and advocate inclusion. Together we:
• 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
• Be better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term
In line with our Fair Pay Charter, we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.
• Core bank funding for retirement savings, medical and life insurance, with flexible and voluntary benefits available in some locations
• Time-off including annual, parental/maternity (20 weeks), sabbatical (12 weeks maximum) and volunteering leave (3 days), along with 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.
Recruitment assessments - some of our roles use assessments to help us understand how suitable you are for the role you've applied to. If you are invited to take an assessment, this is great news. It means your application has progressed to an important stage of our recruitment process.
Visit our careers website
💡 Quick Summary
Seeking a career-building opportunity? The Director Risk Analytical Products position is now open for candidates interested in the Bank Jobs sector. This role in Bangalore offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Bank Jobs is a plus.
