Senior Manager Credit Policy and Process

Employer
Standard Chartered Bank
Location
Singapore, Singapore
Salary
Competitive
Posted
19 Nov 2022
Closes
03 Dec 2022
Ref
17822082
Job Function
Risk Management
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
The Role 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.
  • 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.
  • Analysing the impact on business performance, RWA, or risk aspects of any material changes to Credit Policies and Standards.
  • Work closely with various team to solve statistical business / risk problem and carry out statistical analysis, prototyping new systems, and finding new ways of gathering, analysing data to identify improvements in credit policies and processes.
  • Maintaining and developing tools supporting various credit risk management requirements e.g., Credit benchmark, portfolio analysis tracker etc.
  • Perform ad-hoc analysis on various portfolio parameters e.g., Limits/ Exposure and Credit Grade distribution, Industry, Collateral concentration etc.
  • Leading and contributing to projects and initiatives in terms of data analysis and feedback.
  • Support RFOs in review and implementation of the Credit Risk Appetite metrics.
  • Supporting the effective implementation of process improvement and system enhancement projects.
  • Perform other credit governance activities and other projects, as assigned.
  • Coordinating the project working groups including managing multi-function stakeholders and contribute to the working group deliberations and actions.
  • Support ad-hoc requests from senior management, business units or external parties.
Data Analysis and Tools
  • Maintain and develop the risk capabilities, tools, and skills to meet ongoing business needs and plans.
  • Continuously improve the operational efficiency and effectiveness of the risk management tools.
People and Talent
  • Lead through example and demonstrate the appropriate culture and values within the function and across the wider organisation.
  • Risk Management and Governance.
Responsible for ensuring effective Risk Governance
  • Work with other stakeholders in the bank in the development of various credit models for IFRS 9 and AIRB.
  • Understanding of the Credit policies procedures.
  • Understanding of the Credit risk systems and ability to do risk analysis.
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 Operation of Financial Markets, Financial Crime Prevention, The Right Environment.
  • Effectively and collaboratively identify, escalate, mitigate and resolve risk, conduct and compliance matters.
Key Stakeholders
Internal

  • Credit Approvers
  • Relationship Managers / COO Office
  • Enterprise Risk Management
  • SAG/SAR
  • CCRO / Country Credit Governance teams
  • Treasury Risk / Treasury Capital
  • CIC Modelling
  • Credit Risk Control (Middle Office)
  • Credit Risk Infrastructure
  • Traded Risk Management
  • Operational Risk
  • Model Strategy & Management
  • Group Internal Audit
  • Legal
  • Compliance
  • Product Partners (e.g. TB/FM)
  • Group Finance
External
  • Regulators
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.
Our Ideal Candidate
  • 9+ Years of experience.
  • Broad understanding of the credit process.
  • Preferably, but not mandatory, having degree in Quantitative / Technical fields i.e. Statistics, Mathematics, Computer Science.
  • Coding Skills in Python, VBA, Javascript would be an added advantage.
  • Deep and hands on understanding of risk analytics, data and applicable systems (e.g., Creditmate, SCI, Riskview).
  • Ability to translate and present complex data in a manner that enhances understanding, and influence decisions.
  • Ability to articulate proposed solutions, issues, risks to various levels of management.
  • Independent, creative and pro-active problem-solving mindset.
  • Solid understanding of Basel, PRA requirements, including calculation of RWA.
Role Specific Technical Competencies
  • Credit Risk Management
  • Operational Risk Management

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 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 www.sc.com/careers
  • You need to sign in to save