Quantitative Analyst (Shanghai, CN)

<div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Job Summary</b></H2> </div><div><p><span style="font-size:10.0pt">Financial Markets has expertise combined with deep local market knowledge to deliver a variety of risk management, financing and investment solutions to our clients. The FM team offers capabilities across origination, structuring, sales, trading and research. Offering a full suite of fixed income, currencies, commodities, equities and capital markets solutions, FM has firmly established itself as a trusted partner with extensive on-the-ground knowledge and deep relationships.</span></p> <p> </p> <p><span style="font-size:10.0pt">Within FM, the Modelling &amp; Analytics Group (‘MAG’) is accountable for design, development and delivery of real-time pricing models, risk models, and core infrastructure, enabling pricing, market data, intra-day risk reporting capability, and portfolio level analytics including reporting and capital optimization.</span></p> <p> </p> <p><span style="font-size:10.0pt">The role of Associate, Quantitative Analysis, will work in MAG’s Shanghai location, focusing primarily upon model development, testing, documentation, offer quantitative solutions to reginal and international Financial Market (FM) business cross asset classes, with these activities critical to supporting independent review of models, governance approval, regulatory engagement, and business activities. </span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Key Responsibilities</b></H2> </div><div><p><span style="font-size:10.0pt">Specific responsibilities include:</span><br><span style="font-size:10.0pt">•    Maintain and extend the in-house multi-asset class pricing and risk library used across the bank, for all types of products, including flow, vanilla and exotics in a specific asset class.</span><br><span style="font-size:10.0pt">•    Produce analytics documentation and test material and outputs</span><br><span style="font-size:10.0pt">•    Provide day-to-day support for all relevant business units</span><br><span style="font-size:10.0pt">•    Improve existing and implement risk and regulatory related analytics</span></p> <p> </p> <p><strong><span style="font-size:10.0pt">Strategy</span></strong><br><span style="font-size:10.0pt">•    Provide quantitative solutions to support business in generating revenue for the bank</span><br><span style="font-size:10.0pt">•    Understand front office concerns in order to bridge the gap between the front office and back office</span><br><span style="font-size:10.0pt">•    Focus on products, model, and strategy’s development, maintenance, testing and documentation.</span></p> <p> </p> <p><strong><span style="font-size:10.0pt">Business</span></strong><br><span style="font-size:10.0pt">•    Work closely with FM traders and structuring teams, analysing trades and asset origination opportunities for execution and ongoing measurement and management.</span><br><span style="font-size:10.0pt">•    Maintain and develop cutting edge trading, pricing and multi assets risk management quantitative library and applications.</span><br><span style="font-size:10.0pt">•    Use of Haskell and our in-house variant, Mu; C++; Haskell; </span></p> <p><span style="font-size:10.0pt">Processes*</span><br><span style="font-size:10.0pt">•    Ensure adherence to all internal and external regulations</span><br><span style="font-size:10.0pt">•    Support Operational Risk monitoring via reports and data provided to Compliance and BORM</span><br><span style="font-size:10.0pt">•    Assist in ensuring that there are appropriate and documented internal controls and procedures in place</span></p> <p><br><strong><span style="font-size:10.0pt">People &amp; Talent </span></strong><br><span style="font-size:10.0pt">•    Set appropriate tone and expectations amongst colleagues and work in collaboration with partners</span><br><span style="font-size:10.0pt">•    Contribute to continuous process improvement and sharing best practice </span><span style="font-size:10.0pt"><br></span></p> <p><br><strong><span style="font-size:10.0pt">Risk Management</span></strong><br><span style="font-size:10.0pt">•    An awareness and understanding of the main risks facing the Group and the role the individual plays in managing them</span><br><span style="font-size:10.0pt">•    Embed Operational Risk monitoring as an integral part of the business process. Towards this, to effectively carry out the assigned role, if any, under Compliance Risk Management and Operational Risk Management Assurance </span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"></H2> </div><div><p><strong><span style="font-size:10.0pt">Governance</span></strong><br><span style="font-size:10.0pt">•    Ensure models are developed and maintained in-line with the applicable policies and standards.</span><br><span style="font-size:10.0pt">•    Comply with the Operational Risk Framework.</span><br><span style="font-size:10.0pt">•    Proactively support the implementation of the Group Model Risk policy.</span><br><span style="font-size:10.0pt">•    Responsible for assessing the effectiveness of the Group’s arrangements to deliver effective governance, oversight and controls in the business and, if necessary, oversee changes in these areas</span><br><span style="font-size:10.0pt">•    Awareness and understanding of the regulatory framework in which the Group operates, and the regulatory requirements and expectations relevant to the role</span><br><span style="font-size:10.0pt">•    Willingness to ‘speak up’ in the event of any realised or perceived breach of group conduct rules or laws by colleagues</span><br><span style="font-size:10.0pt">•    Willingness to work with any local regulators in an open and cooperative manner</span></p> <p> </p> <p><strong><span style="font-size:10.0pt">Regulatory &amp; Business Conduct </span></strong><br><span style="font-size:10.0pt">•    Display exemplary conduct and live by the Group’s Values and Code of Conduct. </span><br><span style="font-size:10.0pt">•    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.</span><br><span style="font-size:10.0pt">•    Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.</span></p> <p> </p> <p><strong><span style="font-size:10.0pt">Key stakeholders</span></strong><br><span style="font-size:10.0pt">•    MAG developers</span><br><span style="font-size:10.0pt">•    Model implementation delivery (MAG Cortex, SABRE, etc.)</span><br><span style="font-size:10.0pt">•    Group Model Validation</span><br><span style="font-size:10.0pt">•    Business colleagues, FM Trading &amp; Trading</span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:16.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"></H2> </div><div><p><strong><span style="font-size:10.0pt">Other Responsibilities</span></strong><br><span style="font-size:10.0pt">•    Understand, acknowledge and comply with the requirements on individual accountabilities and responsibilities of the job set out in applicable local laws and regulations as well as SCB internal policies</span><br><span style="font-size:10.0pt">•    Effectively ensure and intensify internal controls by keeping abreast with developments of applicable local laws and regulations on accountabilities</span><br><span style="font-size:10.0pt">•    Perform job duties with diligence, contribute to efforts as an individual or as a team member so as to avoid any actual or potential legal sanctions, regulatory penalties, material financial loss, or adverse reputational impact on the Bank</span><br><span style="font-size:10.0pt">•    Be responsible for failure to follow relevant rules and processes, failure to properly perform the responsibilities, and implement corrections</span><br><span style="font-size:10.0pt">•    Cooperate with any investigations or reviews on regulatory failure such as accountability review</span></p></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Skills and Experience</b></H2> </div><div><ul> <li><span style="font-size:10.0pt">Excellent C++ programming, including OOP and template concepts</span></li> <li><span style="font-size:10.0pt">Knowledge of financial market products, market conventions and regulatory requirements is a plus</span></li> <li><span style="font-size:10.0pt">Knowledge of functional programming (e.g Haskell) is a plus</span></li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>Qualifications</b></H2> </div><div><ul> <li><span style="font-size:10.0pt">Computer science, Physics or Mathematics background (master's or PhD)</span></li> <li><span style="font-size:10.0pt">0-2 years of experience in developing/validating financial market pricing/risk models in an international investment bank</span></li> <li><span style="font-size:10.0pt">Good knowledge of basic numerical methods, stochastic calculus, and probability theory</span></li> <li><span style="font-size:10.0pt">Good communication skills (verbal and written English)</span></li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>About Standard Chartered</b></H2> </div><div><p>We'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.</p> <p>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.</p> <p>Together we:</p> <ul> <li><b>Do the right thing</b> and are assertive, challenge one another, and live with integrity, while putting the client at the heart of what we do</li> <li><b>Never settle,</b> continuously striving to improve and innovate, keeping things simple and learning from doing well, and not so well</li> <li><b>Are better together,</b> we can be ourselves, be inclusive, see more good in others, and work collectively to build for the long term</li> </ul></div></div><div style="padding:10.0px 0.0px;border:1.0px solid transparent"><div style="font-size:14.0px;word-wrap:break-word"><H2 style="font-size:1.0em;margin:0.0px"><b>What we offer</b></H2> </div><div><p><b>In line with our Fair Pay Charter,</b> we offer a competitive salary and benefits to support your mental, physical, financial and social wellbeing.</p> <ul> <li><b>Core bank funding for retirement savings, medical and life insurance,</b> with flexible and voluntary benefits available in some locations.</li> <li><b>Time-off</b> 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.</li> <li><b>Flexible working</b> options based around home and office locations, with flexible working patterns.</li> <li><b>Proactive wellbeing support</b> 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</li> <li><b>A continuous learning culture</b> to support your growth, with opportunities to reskill and upskill and access to physical, virtual and digital learning.</li> <li><b>Being part of an inclusive and values driven organisation,</b> one that embraces and celebrates our unique diversity, across our teams, business functions and geographies - everyone feels respected and can realise their full potential.</li> </ul></div></div></div>