Job Description
Job : Governance, Risk Management & Compliance
Primary Location : Asia-India-Bangalore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 13/Jul/2026, 11:41:5+ PM
Unposting Date : Ongoing
The Role Responsibilities
Operational Risk Capital and Stress Loss Modelling
Support, formulate, maintain, own, and exercise the models for calculating OR (which includes other non-financial risk capital) capital and stress loss forecasts.
Support best practice methodology, standards, and approach for capital and stress loss assessment.
Support the subject matter expert for model risk as related to all OR models and provide a point of control over the aggregate level of operational risk that arises from model risk, including the design of effective controls.
Support the modelling input into Group’s OR ICAAP submission.
Be responsible for liaising with group model validation to validate all OR models and be the SME to answer all model related questions.
Support the SME in driving quality input into all relevant internal development and changes in Operational Risk capital, including methodology, measurement, and any other areas requiring further development.
Ensure GOR regulatory capital framework follows regulatory standards and requirements (esp CRR), develop controls, and provide assurance of regulatory compliance to CRR.
Support the methodology for allocation Operational Risk capital to appropriate segments/ countries to facilitate risk / reward and prioritisation decisions.
Support the Group in establishing the framework and foundation for more sophisticated stress testing models.
Be single point of contact to maintain country stress loss model and provide SME guidance to all country modelling related queries.
Governance
Support appropriate governance and routines (committees, forums and other) to support the Group's mandate.
Strategy
Drive the modelling input into Group’s OR ICAAP submission.
Business
Own and maintain the capital allocation to business models.
Be the model champion to educate, socialise and embed capital allocation model to business.
Processes
Be responsible for liaising with group model validation to validate all OR models and be the SME to answer all model related questions.
Drive quality input into all relevant internal development and changes in Operational Risk capital, including methodology, measurement, and any other areas requiring further development.
Be the subject matter expert for model risk as related to all OR models and provide a point of control over the aggregate level of operational risk that arises from model risk, including the design of effective controls.
Risk Management
Drive best practice methodology, standards, and approach for capital and stress loss assessment.
Define, formulate, maintain, own, and exercise the models for calculating OR (which includes other non-financial risk capital) capital and stress loss forecasts.
Governance
Support appropriate governance and routines (committees, forums and other) to support the Group's mandate.
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.
Lead to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Global Head of Operational Risk
Global Head of Risk, Functions and Operational Risk
Head, Operational Risk Stress Testing and Risk Appetite
Head of Model Risk Management
Head,Model Validation,Non-Financial Risk and models
Heads of Business lines
Our Ideal Candidate
Undergraduate and / or post graduate degree in mathematics, engineering, statistics, data analytics or any other numerate discipline.
Previous experience in Operational Risk modelling.
Role Specific Technical Competencies
Modelling
Subject Matter Expert knowledge in operational risk modelling including use of Extreme Value Theory analysis, distribution models, econometric models, etc
Data Application Skills
Understanding of data structures and ability to query data tables
Analytical Skills
Ability to conduct hypothesis testing and articulate outcomes
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 www.sc.com/careers
Primary Location : Asia-India-Bangalore
Schedule : Full-time
Employee Status : Permanent
Posting Date : 13/Jul/2026, 11:41:5+ PM
Unposting Date : Ongoing
The Role Responsibilities
Operational Risk Capital and Stress Loss Modelling
Support, formulate, maintain, own, and exercise the models for calculating OR (which includes other non-financial risk capital) capital and stress loss forecasts.
Support best practice methodology, standards, and approach for capital and stress loss assessment.
Support the subject matter expert for model risk as related to all OR models and provide a point of control over the aggregate level of operational risk that arises from model risk, including the design of effective controls.
Support the modelling input into Group’s OR ICAAP submission.
Be responsible for liaising with group model validation to validate all OR models and be the SME to answer all model related questions.
Support the SME in driving quality input into all relevant internal development and changes in Operational Risk capital, including methodology, measurement, and any other areas requiring further development.
Ensure GOR regulatory capital framework follows regulatory standards and requirements (esp CRR), develop controls, and provide assurance of regulatory compliance to CRR.
Support the methodology for allocation Operational Risk capital to appropriate segments/ countries to facilitate risk / reward and prioritisation decisions.
Support the Group in establishing the framework and foundation for more sophisticated stress testing models.
Be single point of contact to maintain country stress loss model and provide SME guidance to all country modelling related queries.
Governance
Support appropriate governance and routines (committees, forums and other) to support the Group's mandate.
Strategy
Drive the modelling input into Group’s OR ICAAP submission.
Business
Own and maintain the capital allocation to business models.
Be the model champion to educate, socialise and embed capital allocation model to business.
Processes
Be responsible for liaising with group model validation to validate all OR models and be the SME to answer all model related questions.
Drive quality input into all relevant internal development and changes in Operational Risk capital, including methodology, measurement, and any other areas requiring further development.
Be the subject matter expert for model risk as related to all OR models and provide a point of control over the aggregate level of operational risk that arises from model risk, including the design of effective controls.
Risk Management
Drive best practice methodology, standards, and approach for capital and stress loss assessment.
Define, formulate, maintain, own, and exercise the models for calculating OR (which includes other non-financial risk capital) capital and stress loss forecasts.
Governance
Support appropriate governance and routines (committees, forums and other) to support the Group's mandate.
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.
Lead to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment].
Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Global Head of Operational Risk
Global Head of Risk, Functions and Operational Risk
Head, Operational Risk Stress Testing and Risk Appetite
Head of Model Risk Management
Head,Model Validation,Non-Financial Risk and models
Heads of Business lines
Our Ideal Candidate
Undergraduate and / or post graduate degree in mathematics, engineering, statistics, data analytics or any other numerate discipline.
Previous experience in Operational Risk modelling.
Role Specific Technical Competencies
Modelling
Subject Matter Expert knowledge in operational risk modelling including use of Extreme Value Theory analysis, distribution models, econometric models, etc
Data Application Skills
Understanding of data structures and ability to query data tables
Analytical Skills
Ability to conduct hypothesis testing and articulate outcomes
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 www.sc.com/careers
💡 Quick Summary
Seeking a career-building opportunity? The Operational Risk Officer position is now open for candidates interested in the Bank Jobs sector. This role in Bengaluru 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.
