Standard Chartered—Senior Manager, Credit Policy and Process

Job description

Description: Key Responsibilities Key Responsibilities • Review and update credit policies, Standards, Guidelines and FAQs as driven by market conditions, business strategy, regulatory requirements and for risk management. • Managing and implementing Credit Policies and Standards for further simplification, rationalization and digitization. • Interpret and implement various regulatory changes impacting Credit risk, including but not limited to, Credit risk mitigation, Large exposure, Basel 3.1, other Capital requirement regulations etc. • Engage and manage stakeholders in policy drafting, feedback, communication (quarterly updates, briefing calls) and providing response/solutions to queries. • Driving the effort in credit process re-engineering to improve operational efficiency. • Scheduling and conducting policy briefings / training and preparing relevant presentation. • Analysing the impact on business or risk aspects of any material changes to Credit Policies and Standards. • Work closely with various team to solve business / risk problem and finding new ways of gathering, analyzing data to identify improvements in credit policies and processes • Coordinating the project working groups including managing multi-function stakeholders and contribute to the working group deliberations and actions including policy drafting, feedback, communication and providing response/solutions to issues. • Leading and contributing to projects and initiatives in terms of data, analysis and feedback e.g. Basel 3.1, EBA Guidelines, Large Exposure Group Committee, Regulatory Interpretation Forum, Fraud Risk, Credit Modelling. • Supporting the effective implementation of process improvement and system enhancement projects. Driving Creditmate BAU and Project implementation for Credit Risk. • Coordinating and providing input and support to other stakeholders such as RM/TRM/Compliance/Legal/ Modelling/ on implementation of their policies/initiatives. • Manage all activities assigned that is related to the implementation of the Credit Risk Type Framework and the Credit Process Universe • Implementing governance process framework for Credit Policies, Standards and processes as required according to any gaps arising from Regulatory, Risk or Business requirements. Senior Credit Secretariat • Review the completeness of the business applications going for GCCO and CRO CIB in line with the requirements in the CIB Credit Policies and Standards on Credit Application, Risk Appetite, Large Exposure. Provide regular updates and reports to GCCO and CRO CIB • Review the completeness of the single name Risk Appetite breach remediation request for GCRO approval. Assess the disaggregation requests to ensure the rationale is aligned with the requirement in the LE Standard. • Manage the quarterly Investment Committee meetings by coordinating with the committee secretariat team, committee chairman, members and paper presenters, which include senior representation from GH SAR, GH ERM, GH CPM, GH Corporate Development, CIB CFO, etc. Update the IC TOR annually as well as perform adhoc amendment. Business • Align policy and process of the Risk function with business strategy and risk appetite for the Credit and oversee its execution. • Communicate, train and implement the strategic intent and collective policies for the Risk function. • Maintain and develop the risk capabilities and processes, and skills to meet ongoing business needs and plans Processes • Support Credit RFO / Credit PU owner in supervising the Credit Processes. • Ensure compliance with applicable internal policies, and external laws and regulations, related to Credit Risk. • Continuously improve the operational efficiency and effectiveness of the risk management processes. People & Talent • Lead through example and demonstrate the appropriate culture and values within the function and across the wider organisation. Risk Management • Ensure alignment of all applicable Credit Risk policies across the various Countries. • Ensure communication and cascading of relevant aspects of Credit Policies to the Frontline and Credit Officers. • Maintain a good understanding of the requirements of key external stakeholders in respect of risk management and ensure these are well understood internally and reflected in internal procedures. • Obtain assurance regarding the effectiveness of the policy controls and compliance with applicable laws & regulations. • Maintain an open and cooperative relationship in dealings with internal and external stakeholders Governance • Responsible for ensuring effective Risk Governance Regulatory & 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. • Support the Credit policy team to achieve the outcomes set out in the Bank’s Conduct Principles: [Fair Outcomes for Clients; Effective Financial Markets; Financial Crime Compliance; The Right Environment.] • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters. Key stakeholders • Credit Approvers • Relationship Managers / COO Office • Enterprise Risk Management • SAG/ SAR • CCRO / Country Credit Governance teams • CIC Modelling • Credit Risk Control (Middle Office) • Credit Risk Infrastructure • Traded Risk Management • Operational Risk • Group Internal Audit • Legal • Compliance • Product Partners (e.g. TB/FM) • Group Finance Other Responsibilities • Embed Here for good and Group’s brand and values in CCIB Risk team; Perform other responsibilities assigned under Group, Country, Business or Functional policies and procedures Skills and Experience • Credit Risk Management • Understanding of the Credit policies and procedures • Stakeholder Management • Strong analytical, communication and interpersonal skills. • Regulations impacting Credit Risk Qualifications • Knowledge of Policies: Understanding of the Credit Policies, Standards, Credit Risk Type Framework and various Credit Application Systems • Regulatory framework and requirement: awareness and understanding of the regulations impacting credit risk. Ability to interpret regulations, identify gaps and implement changes. • Credit Risk experience: Prior experience in Credit Risk, Credit Approval or Credit Analysis experience would be a very strong contributing factor, excellent interpersonal skills and multi-cultural awakened and sensitivity. • Risk management and control: Ability to manage risk in geographically dispersed and highly varied product base. Experience in process design and control. • Ad Hoc Projects: Ability to lead various projects / initiatives • Non technical skills: Experience to manage multiple stakeholders, take ownership, dynamic, adhere to deadlines • Languages; English. • Banking training: Not mandatory but good to have Internal Credit certification for example, Core credit curriculum etc 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.