Business Analyst Model Risk
- Category: Bank Jobs
- Location: Bangalore, Karnataka
- Job Type: Full Time / Part Time
- Salary: Estimated: $ 23K to 26K
- Published on: 2025/09/21
The Role Responsibilities
A Project Business analyst with Risk Change management /Process re-engineering. A key requirement for this position is facing off to senior stakeholders in Risk teams/ COO teams in the Frontline/Functions and manage projects related to delivering regulatory changes requiring policy/procedural changes.
The Model Risk Change team require a strong quantitative/qualitative Senior Business Analyst in the Model Risk Change space to lead several initiatives as part of the Model Risk Management Strategic Enhancement Programme (MRMSEP). In this function, the Senior BA is responsible for high quality analysis, designing user acceptance testing, ensuring the risk projects are delivered on time, and provide user support for various projects focused on Model Risk.
The team plays a pivotal role in providing simple solutions, delivering quality service and realising resource and budget efficiencies.
• Responsible for drafting Business requirement documents for various Risk initiatives within the Model Risk initiative.
• Responsible to review functional specification documents developed by technology team.
• Be an integral part of Risk Change function to enable efficient management and implementation of Risk and compliance changes.
• Facilitate prioritisation of the BoW requirements through Change Governance Committees.
• Construct and socialise delivery plans that meet the agreed scope, cost and timelines.
• Work collaboratively with a wide range of stakeholders, across all seniority levels, to ensure cross workstream impacts of change are identified and understood to align delivery efforts and timelines.
• Closely collaborate with the Scrum Master to coordinate sprint management activities, including backlog grooming, sprint planning, prioritisation, capacity planning and resource allocation.
• Manage and coordinate testing of changes and functionality, including creation of test plans, test strategy documents, preparation of test cases, test case execution, defect management and test closure reports.
Strategy
• Understand the Risk Business strategy and ensure alignment to the strategy.
Business
• Understand the business' responsibilities sand ensure support towards those.
Processes
• Understand the processes within SCB and follow them (e.g. NWOW, Agile).
People and Talent
• Respect and work together.
Risk Management
• Understand the bank's Risks and especially related to Model Risk Management.
Governance
• Understand the Risk and Compliance governance model and ensure alignment to it.
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
• Technology Partners
• Business Process Owner
• ERM – ERA / GMV
• Data Strategy
• PMO
Other Responsibilities
• Stakeholder Management
Our Ideal Candidate
• High level knowledge of project management is preferred.
• Strong preference for functional knowledge within Model risk.
• Strong communication skills, ability to tailor messages to the audience and influence stakeholders.
• Possess a driven, can-do attitude and proactive in stakeholder engagement.
• Comfortable in working with multiple stakeholders' teams and functions.
• Experience in Agile project methodologies.
• Ability to manage senior stakeholders.
• Good communication skills (both verbal and written).
• Ability to identify stakeholders and ensure appropriate engagement.
• Degree in Finance, Accounting or Risk Management.
• Proven track-record of managing and delivering change in a Regulatory project environment.
• Excellent stakeholder management experience across multiple streams - business users, technology, finance, data.
• Ability to present complex information in a succinct manner to senior management.
• Ability and experience of managing delivery in an Agile project environment.
• Strong analytical and conceptualisation skills, with a view to adopting or establishing industry best practices.
• Focused and organised, with ability to prioritise and deliver effectively.
Role Specific Technical Competencies
• Knowledge of Compliance and Regulations
• Trade Surveillance scenarios
• Communication Skill
• Stakeholder Management
• Risk Management
• Agile
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
Related jobs
-
Test Engineer
The Role Responsibilities We are seeking an energetic, talented and motivated individual for the role of QA Manager on an ongoing Front office Green field project. The job entails testing of a Front Office trading application using the modern technol...
-
Software Developer| CAT LoanIQ Integration
The Role Responsibilities Job Scope The successful candidate will be the part of a team building an innovative platform leveraging data, analytics to drive automated decision-making, smart automation across the full lifecycle of the business. This is...
-
VP | Client Coverage Performance Reporting
VP - Client Coverage Performance Reporting-(2300003005) Job :Finance Primary Location :Asia-India-Bangalore Schedule :Full-time Employee Status :Permanent Posting Date :12/Feb/2024, 11:20:07 PM Unposting Date :Ongoing Role Responsibilities Job Purpos...