Associate, Treasury Model Risk

Job title:

Associate, Treasury Model Risk

Company:

Standard Chartered

Job description

Job SummaryModel Risk Management is responsible for ensuring that all models used in the continental Europe subsidiary of Standard Chartered are fit for purpose. As a Traded Model Risk Associate, you will participate in the validation of the treasury risk models developed in SCB AG, in line with the local standards and regulations. You will support the team in assessing, testing and analysing the treasury risk models. You will also be involved in the identification of shortcomings in the development of the models, performing validation tests and discussing findings with team members, writing validation reports and managing model risk on an ongoing basis.You will also be involved in the local model reviews of the traded risk models (valuation models, counterparty credit risk and market risk) developed and validated centrally by the Group. You will support the reviewing of the model development and validation documentation by assessing the impact of the identified model limitations and validation findings on the local portfolio, identify potential shortcomings in the development of the model, and grading each model.Key Responsibilities

• Participate in the independent validation of new and existing treasury risk models that are used in risk management, ICAAP / capital calculation, stress testing, etc.
• Perform qualitative review of model development process including underlying assumptions and theoretical basis, including assessment of model components against relevant regulatory requirements.
• Perform quantitative assessments of model performance via data evaluation and statistical testing.
• Documentation of validation findings.
• Recommend improvements to the models.
• Assess models according to local regulatory requirements and industry practice.
• Complete the country model fitness attestation of the traded risk models under the supervision of senior team members.
• Assist the Head, Model Risk Management in addressing concerns or questions relating to the models.

Skills and Experience

• 3+ years experience and proven knowledge in the quantitative development or validation of any type of treasury or traded risk models (IRRBB, CSRBB, market risk, or valuation models).
• Degree in mathematics, finance, statistics, physics, econometrics, or related field.
• Strong analytical skills and ability to solve problems independently.
• Ability to explain complex mathematical concepts and results in a comprehensible manner to key stakeholders.
• Experience with data bases and programming languages: SAS, R, SQL and / or Python.
• Strong focus on quality control and attention to detail.
• English business proficient.
• Knowledge in the relevant EBA Guidelines or German banking regulation is a plus.

About Standard CharteredWe’re an international bank, nimble enough to act, big enough for impact. For more than 170 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
• Are better together, we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term

What we offerIn 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 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.

Recruitment AssessmentsSome 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 website33414

Expected salary

Location

Warszawa, mazowieckie

Job date

Wed, 13 Aug 2025 04:45:27 GMT

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