{"id":4210233,"url":"https://alion.io/job/standard-chartered-director-nfr-model-validation","title":"Director - NFR Model Validation","company":{"id":20709,"name":"Standard Chartered","domain":"sc.com","url":"https://alion.io/company/standard-chartered-gbs","size_band":"5000+","is_staffing_agency":false,"employer_type":"direct","is_intermediary":false,"listed_via":null,"ats_vendor":"SuccessFactors","truth_index":{"grade":"A","score":95,"open_postings":86,"ghost_share":0.012,"stale_share":0.349,"repost_share":0.035,"time_to_fill_p50_days":21,"computed_at":"2026-11-12T10:38:37Z"}},"role":"Finance","role_family":"Finance","seniority":"head","employment_type":null,"work_mode":"on_site","remote_scope":null,"remote_scope_basis":null,"remote_working_hours":null,"hiring_geo_confidence":"structured","locations":["Bengaluru, India"],"countries":["IN"],"hiring_countries":[],"hiring_countries_total":0,"salary":null,"salary_estimate":null,"experience_years_min":10,"visa_sponsorship":false,"relocation_package":false,"has_equity":false,"technologies":[{"name":"EU AI Act","optional":false},{"name":"Fine-tuning","optional":false},{"name":"Interpretability","optional":false},{"name":"LIME","optional":false},{"name":"LLM","optional":false},{"name":"Machine Learning","optional":false},{"name":"Prompt Engineering","optional":false},{"name":"Python","optional":false},{"name":"RAG","optional":false},{"name":"Reinforcement Learning","optional":false},{"name":"SAS","optional":false},{"name":"SHAP","optional":false}],"status":"live","first_seen_at":"2026-11-13T00:35:15Z","employer_posted_date":null,"last_verified_at":"2026-11-13T00:35:15Z","board_verified":false,"closed_at":null,"days_open":0,"trust":{"level":"not_scored","repost_count":null,"flags":[],"days_open":0},"description":"Job Summary\nSupport GMV Head in performing an independent validation of new and existing models that are used in Non-Financial Risk areas such as Financial Crime Risk, Fraud Risk, Compliance Risk, Operational Risk, etc.\nThis includes but not limited to review of model development process including underlying assumptions & theoretical basis, quantitative assessment of model performance, documentation of validation finding and communicate to senior management in relevant forum.\n\nKey Responsibilities:\nSupport GMV senior manager in performing an independent validation of new and existing models that are used in Non-Financial Risk management pertaining to Financial Crime Risk, Fraud Risk, Compliance Risk, Operational Risk, etc of bank.\nDefine and drive strategic NFR goals in CoE-India aligned with larger SCB's risk strategy and risk appetite.\nWork with senior leadership on managing local attrition and hiring (if required).\nComplete ownership of delivery around model submitted for validation providing independent challenge, adherence to regulatory expectation, accountable for quality, timeliness and effectiveness of deliverables.\nEngagement with senior stakeholders from different lines of defence mainly, first line of defence and third line of defence (Audit) to manage issues, governance and closure.\nQualitative review of model development process including underlying assumptions & theoretical basis.\nQuantitative assessment of model performance via data evaluation and statistical testing.\nThorough evaluation of AI Risks for those models which use AI in the processing component.\nDocumentation of validation findings and communication of results to senior management and presentation to relevant committees.\nReview regulatory requirements and industry practice regarding the models.\nAssist Head of Model Validation in addressing concerns or questions relating to the models.\nLead implementation of newer tools and technology around NFR validation to bring in process efficiency.\nAccountable for delivery of all validation completed in CoE-India providing high-quality review of validation completed by members of NFR team, guide the team in resolving issues related to stakeholders, strategic communication both with senior line of management and junior members of the team.\nAnticipate and act proactively on any challenges around efficient delivery of model validation.\n\nSkills and Experience:\nMust-have Skills:\nDrives Vision & Purpose\nGives Clarity and Guidance\nStrategic Mindset\n\nOther Skills:\nCollaborates\nCourage\nNimble Learning\nDecision Quality\n\nMotivations:\nFinancial crime models play a critical role in identifying suspicious activity, detecting potential money laundering and helping the bank meets its regulatory compliance. Any breach in such models leads to not only huge financial loss but also reputational loss.\nThis role requires \"thinking beyond model\", not just its statistical performance.\nThis role requires ability to \"Challenge with confidence\". The associate should have an investigative mindset.\n\nQualifications:\nKey Experiences: Previous experience in model validation, model development, quantitative analysis, or risk management roles, preferably at least 10 years, with a reasonable focus on AI risk.\nCertifications/Qualifications: A bachelor's or master's degree in a quantitative field such as Artificial Intelligence, Machine Learning, Data Science, Statistics, Finance, or a related discipline.\nLanguage: SAS, Python, R\nProven experience in developing and implementing risk management frameworks and methodologies.\nStrong understanding of Financial Crime Risk and Fraud Risk landscape.\nStrong knowledge of relevant regulations (i.e., EU AI Act, SS 1/23, SR 11-7), industry best practices related to AI risk, and model risk management frameworks.\nGood understanding of model life cycle management and model risk management.\nThorough understanding of Data Science, Machine Learning and GenAI models including knowledge of frameworks and techniques.\nAI/ML Fundamentals: Familiarity with algorithms, techniques, calibration, evaluation and testing.\nSupervised, unsupervised learning models (such as classification, regression, clustering) and reinforcement learning.\nDeep learning concepts including GenAI such as LLMs and the respective terminologies, i.e., LLM architecture, prompt engineering, finetuning, Retrieval Augmented Generation (RAG), evaluation framework and benchmark.\nEvaluation of model performance including accuracy, stability, fairness.\nAbility to address challenges of AI models; black-box nature, drift (data drift, concept drift, model drift), and ethical considerations.\nExplainability and Interpretability: Demonstrated knowledge and practical experience with techniques for model explainability and interpretability, such as LIME and SHAP to address black-box nature of models.\nSkills\nModel Validation, Python, R, Risk Management, SAS","description_format":"text","description_chars":4907,"description_truncated":false,"requirements":{"experience_years_min":10,"management_years_min":null,"team_size_min":null,"manages_managers":false,"education":null,"security_clearance":false,"languages":[]},"benefits":[],"hiring_locations":[],"hiring_excludes":[],"relocation_offered":false,"industries":["Commercial & Retail Banks","Wealth Management & Financial Advisors","Investment Banking & M&A Advisory"],"lifecycle":[{"event":"open","at":"2026-11-13T00:35:15Z"}],"visa":[],"liveness":{"score":86,"band":"hot","label":"Hiring now","p_open":1,"p_active":0.86,"p_room":1,"age_days":0,"expected_fill_days":21,"reasons":["seen:0","win:early","comp:brand"],"computed_at":"2026-11-13T03:27:59Z"},"pay":null,"html_url":"https://alion.io/job/standard-chartered-director-nfr-model-validation","json_url":"https://alion.io/job/standard-chartered-director-nfr-model-validation.json","meta":{"generated_at":"2026-11-13T03:27:59Z","cache_seconds":300,"methodology":"https://alion.io/methodology","terms":"https://alion.io/terms","contact":"https://alion.io/contact","api":"https://alion.io/developers","about":"Alion is a live layer of people, companies and AI agents: who they are, whether they are real and active right now, what they do and how to work with them, readable by people and by agents and paid per call.","catalog":"https://alion.io/catalog.json","usage":{"tier":"crawler_verified","counted_by":"address","units_charged":1,"used_today":7283,"day_limit":null,"remaining_today":null,"minute_limit":300,"resets_at":"2026-11-14T00:00:00Z"}},"offers":[{"id":"company.slices","title":"One company in depth, by slice","status":"live","price":{"credits":0.1,"usd":0.01,"plus_per_slice":{"credits":0.05,"usd":0.005}},"unit":"per company, plus each slice with data","note":"the employer in depth","call":{"mcp_tool":"get_company","arguments":{"id":20709},"rest":"https://alion.io/mcp/rest/get_company?id=20709"},"human":"https://alion.io/catalog?offer=company.slices&for=job%2Fstandard-chartered-director-nfr-model-validation"},{"id":"market.stats","title":"A market slice: pay, demand and time to fill","status":"free","price":{"credits":0,"usd":0},"unit":"per slice","note":"pay, demand and time to fill for this role and place","call":{"mcp_tool":"market_stats"},"human":"https://alion.io/catalog?offer=market.stats&for=job%2Fstandard-chartered-director-nfr-model-validation"},{"id":"job.search","title":"Open jobs by role, technology, place, pay and visa","status":"live","price":{"credits":0.1,"usd":0.01},"unit":"per posting in a list","note":"similar open postings","call":{"mcp_tool":"search_jobs"},"human":"https://alion.io/catalog?offer=job.search&for=job%2Fstandard-chartered-director-nfr-model-validation"},{"id":"company.verify","title":"Is this company real and active right now","status":"pilot","price":null,"unit":"per company","request":{"url":"https://alion.io/catalog/request","method":"POST","body":"{\"offer\": \"company.verify\", \"for\": \"job/standard-chartered-director-nfr-model-validation\", \"note\": \"what you need it for\"}"},"human":"https://alion.io/catalog?offer=company.verify&for=job%2Fstandard-chartered-director-nfr-model-validation"}],"agent":{"mcp":"https://alion.io/mcp/jobs","mcp_open":"https://alion.io/mcp/open","next":[{"tool":"get_job","arguments":{"id":4210233}},{"tool":"search_jobs","arguments":{"company":"sc.com","detail":"compact"}},{"tool":"match_people","arguments":{"job_id":4210233},"note":"people open to offers who fit this vacancy"}],"note":"The same data through MCP tools: https://alion.io/mcp/open needs no sign-in (compact searches, postings, people); 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