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Lead Fraud Risk Model development across retail banking and small business lending.
Join Standard Chartered as Manager, WRB Model Development in Bangalore.
Job Details
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Requisition Number:
55209
Job Location:
Bangalore, IND
Global Grade:
Band 7
Work Type:
Office Working
Employment Type:
Permanent
Posting Start Date:
22/07/2026
Posting End Date:
11/08/2026
Job Summary
This position is for Associate, WRB Model Development with an advanced degree in a quantitative discipline; requires experience and proficiency in areas of statistics, applied mathematics, SAS/Python programming language and a good understanding of retail banking / small business lending businesses. The individual will use these skills in the development of Fraud Risk Models and Fraud Risk Analytics for Retail Portfolios including cards, personal loans and digital.
Key Responsibilities
Strategy
- Development of Fraud Risk models for Retail Portfolios across application, lending and digital.
- Developing statistically derived predictive models, perform decision tree-based customer segmentation & profiling analyses, assist business implementation of Fraud Risk models to support Standard Chartered retail businesses across the globe.
- Support Fraud Risk analytics related to Retail Portfolios including rules development and augmentation
Business
- Achieving assigned full year objectives as per annual P3 document
- Enhancing relationship with stakeholders by providing analytical support
Processes
- Ensure adherence to all internal and external regulations
- To 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 Assurance.
People & Talent
- Collaborate with team members and stakeholders to effectively drive team deliverables
Risk Management
- Monitor all major risk issues and concentrations. Where appropriate, direct remedial action and/or ensure adequate reporting to Risk Committees
Governance
- Promote an environment where compliance with internal control functions and the external regulatory framework is a central priority of the business
Key stakeholders
- Credit & Fraud Risk Heads
- Portfolio teams
- Model validation team
- Model risk policy and governance team
Skills and Experience
- Business – Products and Processes
- Data Science, Model Development & Analytics
- SAS/SQL/Python Proficiency
- Manage Conduct
- Manage Risk
Qualifications
- Bachelors / Advanced (Masters or higher) Degree in Statistics, Applied Mathematics, Operations Research, Economics, Engineering or other quantitative discipline
- Good understanding of retail banking / small business / consumer finance products and business life cycles (e.g. sales, underwriting, portfolio management, marketing, collections)
- 2-5 years of in-depth experience in hands‑on Statistical Model Development in fraud risk for retail banking / small business / consumer finance portfolios
- Experience in Fraud Detection Modeling using machine learning algorithms to handle classification data with skewed class proportions
- Proficient in statistical programming skills in SAS (preferred) or similar (Python), strong analytical skills and understanding of quantitative and statistical analysis
- Hands‑on experience in mining data and understanding data patterns
- Experience in directly interacting with Business and exposure to international markets will be a plus
Competencies:
- Analytical / Strategic / Conceptual thinking
- Ability multi-task between executing a project hands‑on along with guiding/overseeing Associate Managers
- Attention to detail
- Problem solving
- Verbal/Written communication
- Presentation skills
- Self‑driven, highly motivated, organized and methodical
About Standard Chartered
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.
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 offer
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 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.
Job Skills
Key Skills
Business Loans
Knowledge of Finance
Relevant Skills
Coordination Skills
Corrective and Preventive Action
Process Oriented Person
Self Motivation
Alternative Financial Services
Data Mining
Retail Commerce
Modelling Skills
Sales
Innovation
Attention to Detail
Marketing
Geography
Decision Trees
Continuous Training
Economy
SQL Databases
Risk Analysis
Market Segmentation
Python (Programming Language)
Fraud Prevention and Detection
Data Analysis
Model Validation
Governance
SAS (Software)
Portfolio Management
Data Science
Operational Risk Management
Assertiveness
International Sales
Elearning
Risk Management
Analytical Thinking
Business Processes
Mental Health
Internal Accounting Controls
Governance Risk Management and Compliance
Machine Learning
Demonstration Skills
Predictive Modeling
Operations Research
Applied Mathematics
Commercial Banking
Team Working
Conceptual Thinking
Ability to Multitask
Communication Skills
Financial Underwriting
Perseverance
Knowledge of Statistics
Problem Solving
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